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US Business

Read latest Benzinga news on Dailyhunt app!

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Benzinga

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Hefty penalties from China's securities regulator for operating without necessary licenses remove a long-running overhang for the online brokerages 

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China's Hefty Fines Remove Key Overhang For Futu And UP Fintech #DH_SHARE_URL# By Benzinga via Dailyhunt

China's Hefty Fines Remove Key Overhang For Futu And UP Fintech

https://www.benzinga.com/Opinion/26/05/52806632/chinas-hefty-fines-remove-key-overhang-for-futu-and-up-fintech?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Oil prices moved lower on Wednesday as investors weighed the prospect of a U.S.-Iran agreement that could restore shipping through the Strait of Hormuz, where traffic has remained severely disrupted since the conflict erupted in late February.

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Oil Prices Sink On Iran Truce Optimism- But Wall Street Warns Hormuz Crisis Is Far From Over #DH_SHARE_URL# By Benzinga via Dailyhunt

Oil Prices Sink On Iran Truce Optimism- But Wall Street Warns Hormuz Crisis Is Far From Over

https://www.benzinga.com/markets/commodities/26/05/52805070/oil-prices-sink-on-iran-truce-optimism-but-wall-street-warns-hormuz-crisis-is-far-from-over?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

(Editor&apos;s note: The future prices of benchmark tracking ETFs and the headline, were updated in the story.)U.S. stock futures rose on Wednesday, after a mixed close on Tuesday as the Nasdaq advanced, led by tech stocks, while the Dow Jones index ended lower.

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Stock Market Today: S&P 500, Nasdaq, Dow Futures Rise Following Tech Rally-Zscaler, United Microelectronics, Braiin In Focus (UPDATED) #DH_SHARE_URL# By Benzinga via Dailyhunt

Stock Market Today: S&P 500, Nasdaq, Dow Futures Rise Following Tech Rally-Zscaler, United Microelectronics, Braiin In Focus (UPDATED)

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The proposed $110 billion acquisition of Warner Bros. Discovery(NASDAQ:WBD) by ParamountSkydance (NASDAQ:PSKY) may win the Department of Justice (DOJ) approval after antitrust talks reportedly signal early support.

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Is Paramount's $110 Billion Warner Bros. Discovery Mega-Merger Getting Closer To DOJ Approval? #DH_SHARE_URL# By Benzinga via Dailyhunt

Is Paramount's $110 Billion Warner Bros. Discovery Mega-Merger Getting Closer To DOJ Approval?

https://www.benzinga.com/m-a/26/05/52804531/is-paramounts-110-billion-warner-bros-discovery-mega-merger-getting-closer-to-doj-approval?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

House Democrats led by Rep.Alexandria Ocasio-Cortez (D-N.Y.), Rep. Jason Crow (D-CO) and Rep.Mike Levin (D-CA) are launching a new &quot;End Corruption Caucus, &quot; according to details first shared with MS NOW on Tuesday.

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AOC Says 'Big Money In Politics' Hurts Public Trust As Democrats Set To Launch Anti-Corruption Caucus #DH_SHARE_URL# By Benzinga via Dailyhunt

AOC Says 'Big Money In Politics' Hurts Public Trust As Democrats Set To Launch Anti-Corruption Caucus

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Economist Mohamed El-Erian warned that U.S. housing affordability remains under severe pressure after sharing data showing homebuyers now spend roughly 42% of their income on housing costs.

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Top Economist Sounds Alarm On 'Extremely Unaffordable' US Housing Market- 'Better Late Than.' #DH_SHARE_URL# By Benzinga via Dailyhunt

Top Economist Sounds Alarm On 'Extremely Unaffordable' US Housing Market- 'Better Late Than.'

https://www.benzinga.com/real-estate/26/05/52803026/top-economist-sounds-alarm-on-extremely-unaffordable-us-housing-market-better-late-than?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

SpaceX has secured a $2.29 billion contract from the U.S. Space Force entailing the construction of a high-speed satellite communications network, the Space Data Network (SDN) Backbone.

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Elon Musk's SpaceX Just Landed A Massive $2 Billion Space Force Deal To Build America's Military Satellite Backbone #DH_SHARE_URL# By Benzinga via Dailyhunt

Elon Musk's SpaceX Just Landed A Massive $2 Billion Space Force Deal To Build America's Military Satellite Backbone

https://www.benzinga.com/news/space/26/05/52801502/elon-musks-spacex-just-landed-a-massive-2-billion-space-force-deal-to-build-americas-military-satellite-backbone?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

New York City Mayor Zohran Mamdani on Tuesday unveiled a major housing initiative called &quot;Block by Block,&quot; promising to build 200,000 affordable homes and invest $5.6 billion into public housing across the city.

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Zohran Mamdani Reveals Massive NYC Housing Push As Fox Journalist Charles Gasparino Warns His Policies Are 'Existentially Bad' For The City #DH_SHARE_URL# By Benzinga via Dailyhunt

Zohran Mamdani Reveals Massive NYC Housing Push As Fox Journalist Charles Gasparino Warns His Policies Are 'Existentially Bad' For The City

https://www.benzinga.com/real-estate/26/05/52801226/zohran-mamdani-reveals-massive-nyc-housing-push-as-fox-journalist-charles-gasparino-warns-his-policies-are-existentially-bad-for-the-city?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Joe Biden, the former U.S. President, has initiated legal action against the Justice Department in an attempt to halt the release of his private discussions with his memoir's ghostwriter.

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Trump Fires Back As Joe Biden Sues DOJ To Block Release Of Private Audio Tapes Amid Renewed Cognitive Debate #DH_SHARE_URL# By Benzinga via Dailyhunt

Trump Fires Back As Joe Biden Sues DOJ To Block Release Of Private Audio Tapes Amid Renewed Cognitive Debate

https://www.benzinga.com/news/politics/26/05/52799960/trump-fires-back-as-joe-biden-sues-doj-to-block-release-of-private-audio-tapes-amid-renewed-cognitive-debate?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Nvidia Corp.(NASDAQ:NVDA) CEO Jensen Huang has announced its plan to invest about $150 billion annually in Taiwan, positioning the country as the 'epicentre' of the AI revolution.

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Jensen Huang Says Nvidia Will Pour $150 Billion A Year Into 'Booming' AI Hub Taiwan #DH_SHARE_URL# By Benzinga via Dailyhunt

Jensen Huang Says Nvidia Will Pour $150 Billion A Year Into 'Booming' AI Hub Taiwan

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Retail investors continue to monitor the thousands of stock trades made by members of Congress. One member has made only two stock trades since being sworn into office in early 2025. The trade may have come at a loss.

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Senator Makes Rare Stock Trade, May Have Lost Big #DH_SHARE_URL# By Benzinga via Dailyhunt

Senator Makes Rare Stock Trade, May Have Lost Big

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Stord has closed a $250 million Series F at a $3 billion valuation and rolled out Stord Labs, a new robotics and AI initiative.Investors participating in the round included Strike Capital , Kleiner Perkins , Founders Fund , Franklin Templeton , Baillie Gifford , G Squared , Bond , and Lux,  among others.

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Stord Scores $250 Million In Backing From Kleiner Perkins, Founders Fund, Strike Capital And Others #DH_SHARE_URL# By Benzinga via Dailyhunt

Stord Scores $250 Million In Backing From Kleiner Perkins, Founders Fund, Strike Capital And Others

https://www.benzinga.com/markets/private-markets/26/05/52790357/stord-250-million-ai-kleiner-perkins-founders-fund-strike-capital?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Elon Musk's SpaceX had reportedly requested a price hike from the Pentagon for the use of its Starlink network during the Iran war, leading to tensions between the two.

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Elon Musk's SpaceX Pushed For Starlink Fee Hike During Iran War- And The Pentagon Caved As No Rival Matched Its Reach: Report #DH_SHARE_URL# By Benzinga via Dailyhunt

Elon Musk's SpaceX Pushed For Starlink Fee Hike During Iran War- And The Pentagon Caved As No Rival Matched Its Reach: Report

https://www.benzinga.com/news/space/26/05/52776975/elon-musks-spacex-pushed-for-starlink-fee-hike-during-iran-war-and-the-pentagon-caved-as-no-rival-matched-its-reach-report?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

The online travel agent's revenue rose 14% in the first quarter, but its latest report lacked discussion of an anti-trust probe into Trip.com, its top stakeholder and a key supplier 

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Tongcheng's Upbeat Earnings Report Fails To Discuss Anti-Trust Probe Into Major Stakeholder Trip.com #DH_SHARE_URL# By Benzinga via Dailyhunt

Tongcheng's Upbeat Earnings Report Fails To Discuss Anti-Trust Probe Into Major Stakeholder Trip.com

https://www.benzinga.com/Opinion/26/05/52776907/tongchengs-upbeat-earnings-report-fails-to-discuss-anti-trust-probe-into-major-stakeholder-trip-com?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Major Wall Street banks are reportedly pushing the Federal Reserve to formally lock in recent supervisory reforms to prevent future Democratic administrations from reversing them.

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Wall Street Is Reportedly Racing To Cement Softer Fed Rules Ahead Of Possible Democratic Return #DH_SHARE_URL# By Benzinga via Dailyhunt

Wall Street Is Reportedly Racing To Cement Softer Fed Rules Ahead Of Possible Democratic Return

https://www.benzinga.com/markets/macro-economic-events/26/05/52775444/wall-street-is-reportedly-racing-to-cement-softer-fed-rules-ahead-of-possible-democratic-return?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Millions of Californians receiving food assistance through the state's CalFresh program could soon face stricter work requirements beginning June 1 as California implements new federal SNAP rules tied to the One Big Beautiful Bill Act , according to guidance published by the California Department of Social Services.

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New Federal SNAP Rules Are About To Change CalFresh For Millions Of Americans: Here's What To Know #DH_SHARE_URL# By Benzinga via Dailyhunt

New Federal SNAP Rules Are About To Change CalFresh For Millions Of Americans: Here's What To Know

https://www.benzinga.com/news/financing/26/05/52775294/new-federal-snap-rules-are-about-to-change-calfresh-for-millions-of-americans-heres-what-to-know?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

US Tech

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Automotive

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Crypto

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Politics/Geopolitics

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Entertainment

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Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday visited the family of a 22-year-old NEET aspirant in Rajasthan's Sikar who allegedly died by suicide following the cancellation of the May 3 NEET-UG 2026 exam by the National Testing Agency (NTA) due to a paper leak.

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'Exam Mafia Responsible': Rahul Gandhi Meets Family Of NEET Aspirant Who Died By Suicide After Paper Leak, Targets Centre #DH_SHARE_URL# By timesnow.in via Dailyhunt

'Exam Mafia Responsible': Rahul Gandhi Meets Family Of NEET Aspirant Who Died By Suicide After Paper Leak, Targets Centre

https://www.timesnownews.com/india/exam-mafia-responsible-rahul-gandhi-meets-family-of-neet-aspirant-who-died-by-suicide-after-paper-leak-targets-centre-article-154411262

Sarthak-PDS: To ensure timely and adequate ration delivery to India's 813.5 million poor, the central government is going to make major changes in the Public Distribution System (PDS).

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PM Modi Cabinet Approves 'Sarthak-PDS' For Transparent, AI-Powered Ration Delivery Across India; All You Need To Know #DH_SHARE_URL# By The Daily Jagran via Dailyhunt

PM Modi Cabinet Approves 'Sarthak-PDS' For Transparent, AI-Powered Ration Delivery Across India; All You Need To Know

https://www.thedailyjagran.com/india/pm-modi-cabinet-approves-sarthak-pds-for-transparent-ai-powered-ration-delivery-across-india-all-you-need-to-know-10314015?utm_source=dailyhunt&utm_medium=referral&utm_campaign=jagranenglish

A 32-year-old man died of electrocution on Tuesday after heavy rain accompanied by thunderstorms hit different parts of Tripura over the past 48 hours, damaging at least 61 houses, police said.

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Heavy rain, thunderstorms damage 61 houses in Tripura; man dies of electrocution #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Heavy rain, thunderstorms damage 61 houses in Tripura; man dies of electrocution

https://www.hindustantimes.com/india-news/heavy-rain-thunderstorms-damage-61-houses-in-tripura-man-dies-of-electrocution-101779895015355.html?utm_source=newshunt-ht

Father of the teenage accused in the 2024 Pune Porsche crash case, Vishal Agarwal, has reacted to the video that went viral after his bail, showing him celebrating with family.

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'Must Be A Practice To Kill, Celebrate': Pune Porsche Crash Victim's Father Reacts As Accused Claims Viral Video From 2023 #DH_SHARE_URL# By The Daily Jagran via Dailyhunt

'Must Be A Practice To Kill, Celebrate': Pune Porsche Crash Victim's Father Reacts As Accused Claims Viral Video From 2023

https://www.thedailyjagran.com/india/pune-porsche-crash-victims-father-reacts-as-accused-claims-viral-video-from-2023-must-be-a-practice-to-kill-and-celebrate-10314014?utm_source=dailyhunt&utm_medium=referral&utm_campaign=jagranenglish

Rajasthan Royals' teenage sensation Vaibhav Sooryavanshi exploded in the 1st innings of Eliminator 1 match of the 2026 Indian Premier League season against the Sunrisers Hyderabad at the PCA Stadium in New Chandigarh.

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WATCH: 6, 6, 6, 6.Vaibhav Sooryavanshi EXPLODES, smashes whirlwind fifty off only., bowlers beg for mercy #DH_SHARE_URL# By India.com via Dailyhunt

WATCH: 6, 6, 6, 6.Vaibhav Sooryavanshi EXPLODES, smashes whirlwind fifty off only., bowlers beg for mercy

https://www.india.com/sports/watch-6-6-6-6vaibhav-sooryavanshi-explodes-smashes-whirlwind-fifty-off-only-bowlers-beg-for-mercy-8428350

A tragic and still-unexplained incident has plunged Bangladesh into mourning after six newborn babies died within hours of each other at a private hospital in the capital Dhaka on Wednesday, prompting urgent investigations by health authorities and police.

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Six newborns die at Bangladesh hospital after air conditioning switched off #DH_SHARE_URL# By WION via Dailyhunt

Six newborns die at Bangladesh hospital after air conditioning switched off

https://www.wionews.com/world/six-newborns-die-at-bangladesh-hospital-after-air-conditioning-switched-off-1779891843460

New Delhi: Europe is currently gripped by a severe heatwave. The situation is grim as of now due to the high temperatures. In France, at least seven people have died in heat-related incidents.

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Europe reels under severe heat wave, 7 die in France, while temperatures shatter records in Britain #DH_SHARE_URL# By India.com via Dailyhunt

Europe reels under severe heat wave, 7 die in France, while temperatures shatter records in Britain

https://www.india.com/news/world/europe-reels-under-severe-heat-wave-7-die-in-france-while-temperatures-shatter-records-in-britain-heat-dome-climate-change-paris-lyon-orange-alert-brittany-london-kew-gardens-8428353

Edtech firm PhysicsWallah closed FY26 with strong revenue growth, an improvement in operating profitability, and positive pre-tax profit.

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PhysicsWallah FY26 revenue rises 35% to Rs 3,900 Cr as AI, offline profitability stay in focus #DH_SHARE_URL# By Your Story via Dailyhunt

PhysicsWallah FY26 revenue rises 35% to Rs 3,900 Cr as AI, offline profitability stay in focus

https://yourstory.com/2026/05/physicswallah-fy26-revenue-rises-rs-3900-cr-ai-offline-profitability-focus

Iran-US war: In a significant global update, promising economic development and easing of the energy woes, Iran announced that it has received an initial draft Memorandum of Understanding (MoU) with the United States.

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Good news for global economy as Iran may reopen Strait Of Hormuz under draft US deal | All details #DH_SHARE_URL# By India.com via Dailyhunt

Good news for global economy as Iran may reopen Strait Of Hormuz under draft US deal | All details

https://www.india.com/news/world/iran-may-reopen-strait-hormuz-under-draft-us-deal-all-details-good-news-global-economy-us-8428322

In a move that could fundamentally alter Karnatakas political landscape, Chief Minister Siddaramaiah appears on the verge of stepping down, clearing the path for his ambitious deputy, DK Shivakumar, to take the helm.

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Karnataka Chessboard: Can Congress change its pieces without losing the game? #DH_SHARE_URL# By Zee News via Dailyhunt

Karnataka Chessboard: Can Congress change its pieces without losing the game?

https://zeenews.india.com/india/karnataka-chessboard-can-congress-change-its-pieces-without-losing-the-game-3050960.html

Fuel prices are skyrocketing while queues at these pumps are now longer than ever before. In the middle of these crises, fuel pumps will remain closed for 10 hours every day in Uttar Pradesh's Sant Kabir Nagar district.

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Petrol pumps will remain closed for 10 hours in THIS Uttar Pradesh district #DH_SHARE_URL# By India.com via Dailyhunt

Petrol pumps will remain closed for 10 hours in THIS Uttar Pradesh district

https://www.india.com/news/india/fuel-prices-sant-kabir-nagar-district-uttar-pradesh-pumps-to-close-down-for-10-hours-work-from-7-am-to-9-pm-petrol-diesel-middle-east-war-8428339

Former Philippines president Rodrigo Duterte is set to face trial at the International Criminal Court (ICC), with proceedings scheduled to begin on November 30, the presiding judge said on Wednesday (May 27).

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Philippines' Duterte to face ICC trial from Nov 30 over alleged 'drug war' killings #DH_SHARE_URL# By WION via Dailyhunt

Philippines' Duterte to face ICC trial from Nov 30 over alleged 'drug war' killings

https://www.wionews.com/world/philippines-duterte-to-face-icc-trial-from-nov-30-over-alleged-drug-war-killings-1779891863746

Iran's state TV said ​it ⁠had obtained a draft of an initial, ‌unofficial framework for ‌a memorandum of understanding between Iran and the United States on ending their conflict.

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Iran says draft deal with US would reopen Hormuz shipping, end naval blockade #DH_SHARE_URL# By Gulf Today via Dailyhunt

Iran says draft deal with US would reopen Hormuz shipping, end naval blockade

https://www.gulftoday.ae/news/2026/05/27/iran-says-draft-deal-with-us-would-reopen-hormuz-shipping-end-naval-blockade

Gabriel India Q4 Results: Auto-component maker, Gabriel India reported 3.4 per cent rise in net profit to Rs 66.6 crore from Rs 64.4 crore in the corresponding quarter last year for the financial year ended March 31, 2026, along with a final dividend subject to shareholders' approval at the upcoming Annual General Meeting (AGM).

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Gabriel India Q4 Results: Auto component maker reports 3.4% rise in net profit, announces 310% final dividend #DH_SHARE_URL# By Zee Business via Dailyhunt

Gabriel India Q4 Results: Auto component maker reports 3.4% rise in net profit, announces 310% final dividend

https://www.zeebiz.com/companies/news-gabriel-india-q4-results-auto-component-maker-reports-34-rise-in-net-profit-announces-310-final-dividend-396235

Tamil Nadu Chief Minister Joseph Vijay on Wednesday met Prime Minister Narendra Modi at Seva Teerth in New Delhi during his first official visit to the national capital after taking office earlier this month.

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Tamil Nadu CM Vijay Meets PM Modi, Asks For Financial Support, More Development Projects #DH_SHARE_URL# By OneIndia via Dailyhunt

Tamil Nadu CM Vijay Meets PM Modi, Asks For Financial Support, More Development Projects

https://www.oneindia.com/chennai/tamil-nadu-chief-minister-vijay-meets-pm-modi-during-first-official-delhi-visit-as-cm-8100719.html?utm_source=DH-MoreFromPub&utm_medium=DH-app&utm_campaign=DH