Articles written by Kaustubh Bagalkote - Benzinga

President Raisi, Who Was Seen As Ayatollah's Successor To Be Iran's Supreme Leader, Confirmed Dead By State Media (UPDATED)

Iranian state news agency IRINN and semi-official news agency Mehr News reported that there were "no survivors" at the crash site of the helicopter carrying President Ebrahim Raisi.

Warning For Chinese Economy? Shoppers Fail To Keep Pace With Factory Output

In April, China's retail sales growth decelerated while industrial activity remained robust, according to data released on Friday by the National Bureau of Statistics.

OpenAI's 'Guiding Light' Ilya Sutskever And Jan Leike Resign One After The Other: CEO Sam Altman Says, 'This Is Very Sad'

OpenAI Chief Scientist Ilya Sutskever has announced his departure from the company. This development comes after a series of significant events at the artificial intelligence giant.

UK's Economy Exits Recession With 0.6% GDP Growth: El-Erian Calls For Sustainable Growth

The UK has successfully navigated its way out of a recession, with the gross domestic product expanding by 0.6% in the first quarter, according to official figures released on Friday.

OpenAI Is Working On New AI Image Detection Tools In Busy Election Year Worldwide To Tell If Photos Were Made By DALL-E

OpenAI develops AI tools to detect if an image is generated by its DALL-E AI generator and to watermark its content to prevent misuse.

Apple's New iPad Ad Draws Fierce Backlash From Creator Community As It Allegedly 'Celebrates Destruction'

A new advertisement by Apple Inc has sparked a significant backlash. The ad, which was unveiled during the launch of the new iPad, has been criticized for its portrayal of creative tools being crushed and replaced by the new iPad.

Gary Gensler-Led SEC A Source Of Frustration For Robinhood, CEO Vlad Tenev Says They've Held 16 Meetings Over Wells Notice

Tenev, in a recent interview with CNBC's Last Call, revealed that despite Robinhood's efforts to engage with the SEC, the regulatory body's response has been disappointing.

ARM CEO Rene Haas Bets Big On Automotive With ARMv9 Autonomous Driving Solutions: 'This Is Very, Very Significant'

ARM Holdings Plc is making a bold move to expand its presence in the automotive industry. The company has introduced its first autonomous driving solutions based on the powerful ARMv9 architecture.

Robinhood CEO Vlad Tenev Says The Platform Set To Introduce Index Options And Futures Trading For Active Traders: 'Don't Anticipate Seeing A Ton Of Cannibalization'

Robinhood Markets Inc is aggressively expanding its product suite for active traders, with plans to launch index options in the fourth quarter of 2024 and futures trading, as it looks to capitalize on its growing user base and trading volumes.

Can Jerome Powell Escape The Pressure Of Politics And The 2024 Election: 'He Has To Do Magic,' Says Market Strategist

The Federal Reserve's Chairman Jerome Powell is under intense scrutiny as the U.S. presidential election approaches. Market experts are questioning his ability to remain independent of political pressure.

Pro-Bitcoin President Javier Milei's Argentina Introduces 10,000-Peso Notes As It Combats Hyperinflation, Currency Collapse

To address severe inflation and currency devaluation, Argentina under President Javier Milei, known for his pro-Bitcoin (CRYPTO: BTC) stance, has introduced 10,000 peso notes. The new bills, worth approximately $11, are expected to alleviate the burden of carrying large amounts of cash.

Disney's Bob Iger Confident In Landing Long-Term NBA Rights Deal As Media Giant Enhances Streaming With ESPN Tile And Shifts Marvel Strategy

The Walt Disney Company is making major moves to enhance its streaming offerings and superhero content strategy, while expressing confidence in securing long-term NBA rights, according to remarks from the CEO on the company's second-quarter 2024 earnings call.

Will The Apple Pencil Pro Work With Your iPad? Here's What The Buyers Need To Know

Apple Inc. has expanded its Apple Pencil lineup, offering four distinct models with varying features and compatibility. The new model was announced on May 7, at the "Let Loose" event.

Mark Cuban Backs Dogecoin Co-Founder Billy Markus' 'S**t Posting' On X, Says 'Positive Trolling ... Is Never Silly'

Billionaire entrepreneur Mark Cuban has publicly supported the confession of Billy Markus, the co-founder of Dogecoin (CRYPTO: DOGE).

Palantir CEO Alex Karp Dismisses Rivals: 'We Have No Competitors' in US Commercial And Government Markets

In a recent earnings call, Palantir Technologies CEO Alex Karp made a bold assertion that the company has no competitors in the U.S. commercial and government sectors.

Peter Schiff Highlights Pandemic Darling Stock's 98.5% Decline To Make A Point About Mispriced Gold Mining Stocks: 'Same Situation Exists Today'

Renowned economist and gold advocate Peter Schiff used the drastic plunge in Peloton Interactive Inc (NASDAQ:PTON) stock to illustrate his theory on the mispricing of gold mining stocks.

Bitcoin ETF Mania Drives Record Growth Across Coinbase's Platforms, CEO Brian Armstrong Notes 'We Saw All-Time Highs In Trading Volume...'

Coinbase Global Inc. (NASDAQ:COIN) has experienced a significant surge in customer adoption and trading activity across its platforms, driven by the launch of several Bitcoin (CRYPTO: BTC) spot ETFs in the U.S.

Bitcoin Transaction Investigation By DOJ Addressed By Block CEO Jack Dorsey: 'We Take Compliance Seriously'

Block Inc. (NYSE:SQ) CEO Jack Dorsey addressed a potential Department of Justice investigation during the company’s first-quarter earnings call on Thursday.

Bitcoin Tops Returns In All Asset Classes Amid 'Repeatedly Disappointing Inflation Data': Mohamed El-Erian Shares Insights On Market Volatility

Renowned economist Mohamed El-Erian shared a comprehensive table of financial returns for major assets and asset classes, highlighting the volatility of the market in April.

Move Over Pumpkin Spice, Lavender Is The New Queen Bee — Starbucks CEO Finds A Silver Lining In Disappointing Q2 Results, Drops Hints Of Future 'Texture-Based Innovations'

The beverage, featuring a trendy botanical twist, resonated with Gen Z and Millennial customers, providing a much-needed boost to the company's otherwise disappointing quarterly results