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The Latest Breaking News from NYSE

Video: Best-Selling Electric Vehicle Catches Fire In India, Sparking Fresh Concerns

Tata Motors (NYSE: TTM) electric car Tata Nexon EV caught fire in Mumbai on Wednesday late evening (local time), triggering a fresh debate about the safety of electric vehicles made in the country.

Benzinga

US Stock Futures Mixed Ahead Of Jobless Claims, Powell Testimony

Pre-open movers

Benzinga

76 Biggest Movers From Yesterday: Ocean Bio-Chem, Athira Pharma And More

Gainers Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares climbed 117.2% to close at $12.86 on Wednesday after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.

Benzinga

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$100 Invested In Revlon Right Now Would Be Worth This Much If Stock Gets Back To All-Time High

Retail-investor buzz has been building around Revlon Inc (NYSE: REV).

Benzinga

Twitter Launching This New Feature Is 'Most Significant Update' In 5 Years, Says Analyst

Twitter, Inc. (NYSE: TWTR) is testing a new feature called Notes to allow lengthier tweets.

Benzinga

Short Not Sweet Anymore? Twitter Tests New Feature To Let You 'Write Longer'

Twitter Inc (NYSE: TWTR) says it is testing a way for people to “write longer” on its social media platform. What Happened: The Jack Dorsey-founded company tweeted that a “small group of writers” are helping it test Notes.

Benzinga

Elon Musk On Negative Articles About Tesla From 2017 To 2019: 'They Were Thumbing Through The Thesaurus For Bad Words'

Electric vehicle giant Tesla Inc (NASDAQ: TSLA) doesn’t spend money on traditional advertising like its peers and competitors.

Benzinga

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NFT Collection Doodles Adds Pharrell To The Board, Gets Investment From Reddit Co-Founder Alexis Ohanian: Here Are The Details

Benzinga

Bruton Smith, NASCAR Hall of Famer and Speedway Motorsports founder, dies at 95

Smith made Speedway the first public motorsports company to trade on the New York Stock Exchange.

Chicago Sun-Times

Steelcase Shares Surge On Solid Q1 Results, Clocks 33% Revenue Growth

Steelcase Inc. (NYSE:SCS) reported first-quarter revenue growth of 33% year-over-year to $740.70 million, +35% on an organic basis, beating the consensus of $690.94 million. Adjusted EPS was $(0.05), beating the consensus of $(0.18). Revenue by segments: Americas $520.8 million (+38% Y/Y), EMEA $156.4 million (+27% Y/Y) and Others $63.5 million (+12% Y/Y). The…

Benzinga

Hedge Fund Manager Taunts Apes With AMC Short Position: 'I Dare All The Meme Stock Maniacs To Try To Hurt Us'

The AMC Entertainment Holdings Inc (NYSE: AMC) apes must be pounding their chests after AQR Capital Management's Cliff Asness called them out on Wednesday.

Benzinga

JP Morgan Analyst Lowers Price Targets On These 4 Popular REITs As Recession Fears Rise

JPMorgan Chase & Co. (NYSE: JPM) is slashing price targets on four popular real estate investment trusts (REITs) as recession fears continue to weigh heavily on the market.

Benzinga

RBC Capital Updates Ratings On Homebuilders & Building Products Sector As Housing Demand Declines

RBC Capital analyst Mike Dahl further reduces estimates and price targets for Homebuilders & Building Products companies as housing demand declines. The analyst expects further deterioration after the most recent jump in rates (+50 bps past 2 weeks and +270 bps YTD).

Benzinga

Twitter Partners With Shopify For Shopping Ecosystem: What You Need To Know

Social media platform Twitter Inc (NYSE: TWTR) reported a new partnership Wednesday that could help its massive user base better monetize itself.

Benzinga

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Benzinga

Cybin Closes Fiscal Year 2022, Reports Financial Results And Major Achievements

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN), a biopharma company focused on progressing “psychedelics to therapeutics” through proprietary drug discovery platforms announced its financial and business results ended March 31, 2022.

Benzinga

Wells Fargo Upgrades Enerpac Tool - Read Why

Wells Fargo analyst Michael McGinn upgraded Enerpac Tool Group Corp (NYSE:EPAC) to Overweight from Equal-weight and raised the price target to $23 (an upside of 21%) from $22. Although market conditions are less than ideal, the analyst has been surprised EPAC shares have continued to melt from their weakened year-end starting point as Industrial with…

Benzinga

Can You Guess Which County Was Named The Healthiest Community?

For the third year in a row, Los Alamos County in New Mexico was named the Healthiest Community in the U.S. in an annual national ranking published by U.S. News & World Report and CVS Health (NYSE: CVS).

Benzinga

Check Out What Whales Are Doing With JPM

Someone with a lot of money to spend has taken a bearish stance on JPMorgan Chase (NYSE:JPM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Benzinga

Barrick Gold Whale Trades For June 22

Someone with a lot of money to spend has taken a bearish stance on Barrick Gold (NYSE:GOLD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

What's Going On With Revlon Stock?

Revlon Inc (NYSE: REV) shares continue to surge Wednesday on abnormally-high volume amid increased retail investor interest following the company's Chapt

Benzinga

Stock Wars: BJ's Vs. Costco

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

Telsey Advisory Cuts Nike Price Target - Read Why

Telsey Advisory Group analyst Cristina Fernández has lowered the price target on Nike Inc (NYSE:NKE) to $140 (32% upside) from $170 and kept Outperform rating on the shares. The analyst cited near-term risks, including the impact of strict COVID lockdowns in China, demand decline in wholesale channel, given lowered expectations for 2H22 by key partners…

Benzinga

Dow Jumps 150 Points; Ocean Bio-Chem Shares Spike Higher

U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 150 points on Wednesday.

Benzinga

What It Means For US Stocks To Be In A Bear Market

Wall Street has officially fallen into a bear market as investor sentiment is hammered by soaring inflation, rising interest rates and worries about a looming recession in the world’s largest economy.

Benzinga

This Wedbush Analyst Talks AMC, Netflix And Other Stock Ideas In Hard-Hit Entertainment Sector

We're over two years into the coronavirus pandemic, and consumer behavior is still adjusting and the ramifications are still playing out in the financial markets.

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