Benzinga

12/11/2025

Billionaire philanthropist MacKenzie Scott, the ex-wife of Amazon (NASDAQ:AMZN) founder Jeff Bezos, said she has donated over $7.1 billion in the past year, marking her biggest-ever annual giving announcement.

Scott, 55, made the latest donations to 186 organizations around the world, including universities, environmental nonprofits, and groups fighting for equality, according to an essay posted Tuesday on her website Yield Giving.

Scott, who was married to Bezos until 2019, has a net worth of about $40 billion, according to the Bloomberg Billionaires Index. This largely comes from her stake in Amazon, although she has offloaded about 40% of her holdings, according to a regulatory filing earlier this year.

Scott previously donated $2.6 billion in 2024 and $2.1 billion in 2023. So far, she has donated over $26 billion in gifts to over 2,700 non-profit organizations since she started the project several years ago.

Meanwhile, Bezos, who is the fourth richest person in the world has also said he intends to give away most of his fortune during his lifetime—a challenge he has described as "not easy" but increasingly structured through initiatives like the Day 1 Families Fund, the Bezos Earth Fund, and the Courage and Civility Award.

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12/10/2025

U.S. job openings rose to a five month high in October, but the underlying details point to a labor market that is clearly cooling. That mixed signal arrives just days before the Federal Reserve makes a key interest rate decision.

According to the latest JOLTS report, job openings increased slightly to 7.67 million. Healthcare and retail led the gains, showing that demand still exists in essential and consumer driven sectors.

At the same time, actual hiring slowed. Employers added fewer workers, with hiring falling by more than two hundred thousand positions in October. That gap between available jobs and filled roles suggests businesses are becoming more cautious.

Worker confidence also eased. The quit rate dropped to its lowest level in over five years, a sign fewer employees feel comfortable leaving their jobs for new opportunities.

Layoffs moved higher as well, rising four percent to nearly two million. Most cuts came from accommodation and food services, along with state and local government roles.

Taken together, the data suggests a labor market that is losing momentum rather than overheating. That trend could influence the Federal Reserve’s policy stance this week.

Markets expect the Fed to cut rates by a quarter point on Wednesday. Investors see easing as a response to slower hiring and weakening labor market indicators.

Some Fed officials have already signaled openness to rate cuts. Others remain cautious, noting that economic data remains mixed.

The October job report reinforces that the labor market is softening gradually, not collapsing. For the Fed, that balance may be enough to justify easing policy without signaling panic.

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12/10/2025

A year-by-year look at the rising number of first-time billionaires and the total wealth they create.

12/10/2025

Live Fed Meeting Starting Now!

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12/10/2025

U.S. stock futures advanced on Wednesday after Tuesday’s mixed close. Futures of major benchmark indices were higher.

The Federal Open Market Committee‘s two-day meeting ends today, with investors eyeing a rate cut decision and Fed Chair Jerome Powell‘s speech in the afternoon.

Meanwhile, the 10-year Treasury bond yielded 4.20% and the two-year bond was at 3.62%. The CME Group's FedWatch tool‘s projections show markets pricing an 89.9% likelihood of the Federal Reserve cutting the current interest rates later today.

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benzinga.com

12/10/2025

Elon Musk says he would rather focus on running his companies than return to work with the Department of Government Efficiency. In a recent interview, the Tesla CEO suggested his time would have been better spent inside his businesses.

Musk said that if he had stayed focused on his companies instead of building DOGE, some of the backlash he faced might not have happened. He implied that protests targeting Tesla vehicles could have been avoided.

His comments come as tensions between Musk and President Donald Trump appear to be easing. Trump recently praised Musk’s contributions during the last election cycle and indicated the billionaire is once again welcome in his inner circle.

Donald Trump Jr. also publicly praised Musk, calling him a genius and a generational talent. He highlighted Musk’s leadership of X and his broader influence across technology and media.

Meanwhile, Tesla has drawn attention after a video showed an Optimus humanoid robot mimicking a gesture without wearing any equipment. The clip sparked debate about whether the robot was operating autonomously or being remotely guided.

Tesla also made progress on the commercial side. The company delivered its first Semi truck to German logistics firm DHL and announced plans to expand production next year with improved design and capacity.

Outside of Tesla, SpaceX is reportedly considering a public offering. The aerospace company is said to be targeting a 2026 IPO with a potential valuation of up to one point five trillion dollars.

Together, the developments highlight Musk’s renewed focus on scaling his core businesses. His comments suggest a shift away from political involvement and back toward building products and companies.

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benzinga.com

12/10/2025

Fed Rate Cut Decision (FOMC Meeting Update)

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12/10/2025

📊 PreMarket Movers – December 10, 2025

📈 Gainers:
⬆️ $ENVB +102.87%
⬆️ $BDRX +35.38%
⬆️ $AHT +26.89%

📉 Losers:
🔻 $CHWY -6.95%
🔻 $PDD -3.79%
🔻 $BMNR -0.08%

🎥 Full Premarket Breakdown:
https://www.youtube.com/watch?v=bNPDlIXsEnw

12/10/2025

Space company SpaceX could be nearing a record-breaking IPO in 2026. While recent reports suggest a valuation of $800 billion and an offering next year, the company could be worth significantly more than that soon.

Here's a look at the latest at a potential 2026 IPO and how investors can get exposure to the space company today.

SpaceX CEO Elon Musk has shut down talk of recent funding for the company, but has been relatively quiet about a potential IPO that could happen in 2026.

On Tuesday, a Bloomberg report said SpaceX is considering an offering of more than $30 billion in a 2026 IPO, which would break the record $29 billion raised by Saudi Aramco in 2019.

The report said SpaceX would be valued at $1.5 trillion in the IPO, which would make the company one of the most valuable companies in the world and surpass the current valuation of Tesla Inc (NASDAQ:TSLA), the electric vehicle company also led by Musk.

"SpaceX has been cash-flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors," Musk said on X recently.

The SpaceX CEO said the company's valuation is rising due to the progress of Starship and Starlink.

The current secondary offering by employees sees the company valued at around $800 billion and allows employees and investors to sell portions of their stakes. SpaceX could also buy a portion of the shares back that are available.

The Bloomberg report said the IPO, which could also be pushed back to 2027, comes with Starlink showing strength. Estimates call for SpaceX to have revenue of $15 billion in 2025 and revenue of $22 to $24 billion in 2026, with Starlink being the main source of revenue.

Proceeds from a potential IPO could be used to help fund space-based data centers, the report said.

Read more: https://www.benzinga.com/news/space/25/12/49294551/spacex-worth-1-5-trillion-in-2026-ipo-heres-how-you-can-invest-ahead-of-public-offering

12/10/2025

With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Chewy Inc. (NYSE:CHWY) to report quarterly earnings at 12 cents per share on revenue of $3.10 billion before the opening bell, according to data from Benzinga Pro. Chewy shares rose 0.9% to $35.16 in after-hours trading.

Braze Inc. (NASDAQ:BRZE) posted better-than-expected revenue for the third quarter and raised its fiscal 2026 guidance. Quarterly revenue came in at $190.84 million, which beat the Street estimate of $184.08 million, according to data from Benzinga Pro. Braze shares surged 11.3% to $34.10 in the after-hours trading session.

GE Vernova Inc. (NYSE:GEV) doubled its dividend and raised its multi-year outlook. As part of its 2025 Investor Update event, GE Vernova announced a series of updates, including strong guidance looking out to 2028. GE Vernova declared a quarterly dividend of 50 cents per share, payable in the first quarter of 2026. The company's board also authorized an increase in its share repurchase program to $10 billion from $6 billion previously. GE Vernova shares jumped 6.3% to $664.50 in the after-hours trading session.

Analysts expect Oracle Corp. (NYSE:ORCL) to post quarterly earnings at $1.64 per share on revenue of $16.22 billion after the closing bell. Oracle shares gained 0.8% to $223.31 in after-hours trading.
Analysts are expecting Adobe Inc. (NASDAQ:ADBE) to post quarterly earnings at $5.39 per share on revenue of $6.11 billion for the latest quarter. The company will release earnings after the markets close. Adobe shares rose 0.3% to $345.18 in after-hours trading.

benzinga.com

12/10/2025

Jamie Dimon says blockchain technology is real and becoming more useful as it grows faster, cheaper, and more efficient. In a recent Fox Business interview, the JPMorgan CEO said the bank is open to using blockchain, smart contracts, stablecoins, and tokenization to better serve clients.

Dimon said JPMorgan is actively working on a stablecoin and sees real value in smart contracts. He explained that if new technology can improve payment systems by reducing costs and speeding up transactions, the bank plans to adopt it.

The CEO stressed that innovation must come with oversight. He said strong regulatory guardrails are necessary to ensure compliance with anti money laundering laws, know your customer rules, pricing standards, and ongoing government supervision.

JPMorgan has already taken steps toward integrating blockchain. The bank recently rolled out JPM Coin, a deposit token that represents dollar balances held at the bank. Institutional clients can now send and receive funds using Coinbase’s Base blockchain.

The bank is also preparing a new collateralization program expected to launch by late 2025. The initiative would allow institutional customers to pledge Bitcoin and Ethereum as collateral for secured loans, expanding how digital assets can be used within traditional finance.

Despite this progress, Dimon remains skeptical of Bitcoin itself. He has repeatedly said the asset lacks intrinsic value and believes it is often associated with criminal activity. He has also questioned how Bitcoin’s fixed supply cap was established.

Still, Dimon’s comments show a clear distinction between criticizing Bitcoin and embracing blockchain technology. JPMorgan appears ready to use the tools behind crypto, even if its CEO remains unconvinced by the asset that popularized them.

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benzinga.com

12/09/2025

Shaquille O’Neal says one of his smartest investments started with refusing to overspend on home security. Despite his wealth, Shaq thought an eighty thousand dollar quote for a professional system was unnecessary and looked for a better option.

Instead, he bought a Ring camera from Best Buy and installed it himself. While traveling in China, he realized he could speak to someone standing at his front door in Atlanta through the app. That moment convinced him the product was something most people had not yet discovered.

Shaq decided to track down Ring’s founders at a tech conference. He approached them with a direct pitch, saying he wanted to invest in the company and help promote the product. The founders agreed and brought him in as an early investor.

A few years later, Amazon acquired Ring for one billion dollars under Jeff Bezos. Shaq has never disclosed how much he made from the deal, but he confirmed he invested early and benefited from the sale.

He later explained that Ring aligned with his investment philosophy. Shaq prefers backing products that are affordable, practical, and genuinely useful for everyday people, rather than luxury items designed only for the wealthy.

That mindset has guided several of his best investments. In 1999, Shaq invested two hundred fifty thousand dollars in Google after being introduced to the company by venture capitalist Ron Conway. He admitted he largely forgot about the investment until it became enormous.

Shaq also invested early in Lyft, Vitaminwater, and other consumer focused brands. His approach blends curiosity, personal use, and a focus on value, showing how practical decisions can turn into life changing opportunities.

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