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The Latest Breaking News from NYSE

Here's The Bull, Bear Case For Alibaba Stock As Market Looks To Bounce

Alibaba Group Holdings, Ltd (NYSE: BABA) was trading up over 4% on Tuesday morning after closing Monday’s session down over 10%, in tandem with the general market.

Benzinga

Mid-Morning Market Update: Markets Open Higher; US Producer Prices Increase 0.8% In May

U.S. stocks traded higher this morning, with the Dow Jones gaining by more than 100 points on Tuesday.

Benzinga

Analyst Ratings for Teva Pharmaceutical Indus

Within the last quarter, Teva Pharmaceutical Indus (NYSE:TEVA) has observed the following analyst ratings:

Benzinga

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Benzinga's Top Ratings Upgrades, Downgrades For June 14, 2022

Upgrades

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Copa Holdings's Return On Capital Employed Insights

Pulled from Benzinga Pro data, Copa Holdings (NYSE:CPA) posted Q1 earnings of $115.46 million, an increase from Q4 of 127.84%. Sales dropped to $571.58 million, a 0.59% decrease between quarters.

Benzinga

Granite Point Mortgage's Return On Capital Employed Insights

According to Benzinga Pro data Granite Point Mortgage (NYSE:GPMT) posted a 37.88% decrease in earnings from Q4. Sales, however, increased by 17.25% over the previous quarter to $23.51 million.

Benzinga

Read How Li-Cycle Fared In Q2

Li-Cycle Holdings Corp (NYSE:LICY) reported second-quarter FY22 sales of $8.65 million, compared to $0.3 million in 2Q21, beating the consensus of $6.13 million. Revenue growth was driven by increases in product sales and metal-based prices. EPS loss was $(0.12), below the consensus of $(0.10). Loss from operations increased to $(21.32) million, compared…

Benzinga

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Why Oracle Stock Is Rising

Oracle Corp (NYSE: ORCL) shares are trading higher Tuesday after the company announced better-than-expected financial results.

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Leading And Lagging Sectors For June 14, 2022

Gainers Symbol Name Price Change ($) Change (%) Volume

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What 4 Analyst Ratings Have To Say About Bank of America

Within the last quarter, Bank of America (NYSE:BAC) has observed the following analyst ratings:

Benzinga

Expert Ratings for Arista Networks

Within the last quarter, Arista Networks (NYSE:ANET) has observed the following analyst ratings:

Benzinga

Sony Heightens Microsoft Xbox Rivalry With Latest Move

Sony Group Corp's (NYSE:SONY) Sony Interactive Entertainment disclosed the launch of its all-new PlayStationPlus game subscription service in North and South America, offering more flexibility and value for gaming fans. The service has one monthly fee and will incorporate its separate cloud gaming platform, PlayStation Now. PlayStation Plus subscribers will migrate to the…

Benzinga

Jim Cramer Says This Stock Is Losing Money

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Matterport, Inc. (NASDAQ: MTTR) is losing money, and he doesn’t recommend any stocks that are losing money.

Benzinga

Alibaba, Other Chinese Stocks Brace For Uncertainty As US Looks To Monitor, Restrict Investment In China

Congress pushed a ruling proposing screening investments in rival countries like China to protect U.S. technologies and rebuild critical supply chains, the Wall Street Journal reports. The action would require American companies and investors to disclose new outbound investments with a new interagency panel to review and block investments on national…

Benzinga

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Expert Ratings for Valero Energy

Valero Energy (NYSE:VLO) has observed the following analyst ratings within the last quarter:

Benzinga

Tesla Finds A Buyer Again In Cathie Wood As Ark Loads Up $1.8M On Latest Dip

Cathie Wood-led Ark Invest Investment Management added more Tesla Inc (NASDAQ: TSLA) shares to its portfolio on Monday, raising its exposure to the electric vehicle maker for the fifth time this month.

Benzinga

Rockley Shares Gain Following Inclusion Into Russell 3000 Index

Rockley Photonics Holdings Limited (NYSE:RKLY) looks to join the broad-market Russell 3000 Index after the 2022 Russell indexes annual reconstitution, effective June 27. Chair and CEO Dr. Andrew Rickman said, "The inclusion in the index not only enhances our visibility within the broader market, but it also raises our profile in the wearables…

Benzinga

Where OGE Energy Stands With Analysts

Analysts have provided the following ratings for OGE Energy (NYSE:OGE) within the last quarter:

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Benzinga

Geely Acquires Major Stake in Smartphone Maker Which Has Alibaba Connection

Billionaire Li Shufu controlled satellite-to-automobile group Geely Automobile Holdings Ltd (OTC:GELYY), purchased a majority stake in Chinese smartphone maker Meizu Technology Co, the Caixin Global reports. Geely's Hubei Xingji Shidai Technology Co division bought a 79% stake in Meizu from Meizu's founder and a unit of Alibaba Group Holding Limited (NYSE:BABA). The financial terms of…

Benzinga

Australia's ResApp Takeover Bid Undervalued - Read What Pfizer Did

Following an independent expert report suggesting that Australia-based ResApp Health Limited's current share price was undervalued, Pfizer Inc (NYSE: PFE) bolstered its takeover bid.

Benzinga

ScottsMiracle-Gro Appoints Ex Nevada Governor Brian Sandoval To Its Board Of Directors

The Scotts Miracle-Gro Company (NYSE: SMG) appointed Brian Sandoval to its board of directors.

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 14

CNBC

Benzinga

10 Biggest Price Target Changes For Tuesday

Piper Sandler reduced Braze, Inc. (NASDAQ: BRZE) price target from $65 to $42. Tesla shares rose 5.8% to $31.10 in pre-market trading.

Benzinga

ResMed Strengthens Its Out-Of-Hospital Software Solutions Position With Latest Acquisition - Read How

ResMed Inc (NYSE:RMD) has agreed to acquire privately-held MEDIFOX DAN, a Germany-based provider of out-of-hospital software solutions, from Hg, a software and services investor. MEDIFOX DAN's clinical, financial, and operational solutions are similar to ResMed's U.S. SaaS brands, MatrixCare and Brightree. MEDIFOX DAN's German customer base is complementary to the customers of ResMed's U.S.-based…

Benzinga

Warren Buffett-Backed EV Maker Ranked Amongst Top 3 Automakers in China Beating Tesla, Nio, Xpeng

Warren Buffett's Berkshire Hathaway (NYSE: BRK-B) -backed Chinese EV maker BYD Co, Ltd's (OTC: BYDDY) sales more than doubled in May, making it one of the top three automakers in China,

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