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The Latest Breaking News from NYSE

Tencent Buys $264M Stake In Walmart's Indian Unit

Chinese tech conglomerate Tencent Holdings Ltd. (OTC: TCEHY) has bought a $264 million stake in Walmart Inc (NYSE: WMT)-owned Indian e-commerce firm Flipkart, Press Trust of India

Benzinga

A Peek Into The Markets: US Stock Futures Higher Following Monday's Sell-Off; Fed Meeting In Focus

Pre-open movers

Benzinga

What Is Juneteenth and how did it become a US holiday?

Juneteenth is a celebration of Black history and freedom whose celebration for years went relatively unnoticed by White Americans. It rose in prominence following 2020’s sweeping protests against racial injustice, when dozens of corporations moved to give their employees the day off. In 2021, Congress designated it a federal holiday.…

Tribune News Service

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93 Biggest Movers From Yesterday

Gainers Day One Biopharmaceuticals, Inc. (NASDAQ: DAWN) shares surged 126% to close at $14.96 on Monday after the company announced initial data from the pivotal FIREFLY-1 trial of tovorafenib in relapsed pediatric low-grade glioma showed an overall response rate of 64%.

Benzinga

5 Stocks To Watch For June 14, 2022

Some of the stocks that may grab investor focus today are:

Benzinga

Alibaba, Nio, Most Chinese Peers Continue To Slide In Hong Kong Today

Shares of major U.S.-listed Chinese companies mostly traded lower again in Hong Kong on Tuesday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ:

Benzinga

Elon Musk's First All-Hands Twitter Meet To Happen On Thursday: Report

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk will have his first all-hands meeting with Twitter Inc (NYSE: TWTR) employees on Thursday, The Wall Street

Benzinga

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Disney-Pixar's 'Lightyear' Unlikely To Release In China, Dozen Other Countries Over LGBTQ Depiction

Walt Disney Co's Pixar Studios (NYSE: DIS) is reportedly facing an uphill battle to release its latest animated offering, “Lightyear,” in 14 countries, including China.

Benzinga

BREAKING: Fire Breaks Out At Somerset Collection Mall in Troy, Michigan

A fire broke out at Somerset Collection Mall in Troy, Michigan Monday afternoon. The fire's cause is unknown yet, and firefighters are currently responding to the scene.

Benzinga

If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,500 Today

Humana (NYSE:HUM) has outperformed the market over the past 20 years by 10.8% on an annualized basis producing an average annual return of 17.56%. Currently, Humana has a market capitalization of $53.98 billion.

Benzinga

Here's Why Large Shareholder Ark Invest Is Bullish On Potential Roku And Netflix Merger

Shares of streaming platform company Roku Inc (NASDAQ: ROKU) hit one month highs last week on the heels of a Business Insider report suggesting the company was an acquisition target by streaming giant Netflix Inc (NASDAQ: N

Benzinga

Zedge Shares Plunge Post Q3 Performance: Read Why Management Is Cautiously Optimistic

Zedge Inc (NYSE:ZDGE) reported third-quarter revenue growth of 18.6% year-over-year to $6.2 million, above the consensus of $5.4 million. Subscription revenue increased 1.2% Y/Y, and active subscriptions decreased 5.3% Y/Y to 713K. EPS was $0.05, missing the consensus of $0.07. The operating income declined 32.2% Y/Y to $1.3 million, and the margin…

Benzinga

After-Hours Action: Why Oracle Stock Is Surging

Oracle Corp (NYSE: ORCL) shares are trading higher in Monday's after-hours session after the company announced better-than-expected financial results.

Benzinga

Here's How Much $100 Invested In Hess 20 Years Ago Would Be Worth Today

Hess (NYSE:HES) has outperformed the market over the past 20 years by 1.11% on an annualized basis producing an average annual return of 7.87%. Currently, Hess has a market capitalization of $37.63 billion.

Benzinga

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Benzinga

7 Stocks Moved By Traders on 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

Oracle Stock Hits 52-Week Low Ahead Of Earnings: What's Going On?

Oracle Corp (NYSE: ORCL) shares are trading lower Monday alongside several companies in the broader technology sector amid overall market weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga

$100 Invested In Enbridge 20 Years Ago Would Be Worth This Much Today

Enbridge (NYSE:ENB) has outperformed the market over the past 20 years by 2.37% on an annualized basis producing an average annual return of 9.17%. Currently, Enbridge has a market capitalization of $89.73 billion.

Benzinga

Stock Bloodbath Continues, Pushing S&P 500 Into Bear Market Ahead Of Critical Fed Meeting

The S&P 500 officially dropped into bear market territory Monday as global financial markets continue to decline following the latest round of U.S. inflation data.

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Benzinga

RBC Shares Its Insight On Fintechs, Apple Buy Now Pay Later, Ultimate Winners

RBC Capital analyst Daniel. R. Perlin looked forward to the Fintech Conference on June 14. Investor feedback was generally constructive, with most investors focused on which names in its universe have the higher probability for positive revisions in 2H/22 versus names at risk.

Benzinga

Wells Fargo Bumps Up Greif's Price Target By 3%

Wells Fargo analyst Gabe Hajde raised the price target for Greif, Inc (NYSE:GEF) to $73 from $71 while maintaining the Overweight rating on the shares. The analyst increased the price target reflecting on what he believes to be the solid operational execution. Despite persistent supply chain challenges, Hajde is encouraged to see another quarter of…

Benzinga

BlockFi Lays Off 20% Of Workforce: 'Macroeconomic Environment Has Shifted Dramatically'

Zac Prince, CEO of cryptocurrency exchange and lender BlockFi, took to Twitter Inc (NYSE: TWTR) on Monday to announce the company intends to lay off 20% of its staff.

Benzinga

Cathie Wood Says Credit Default Swap Market Is Extremely Bearish As ARKK Fund Drops Another 8%

Shares of the ARK Innovation ETF (NYSE: ARKK) dropped 8% Monday and are now down 68.6% over the past 12 months. ARKK fund manager Cathie Wood said Monday morning that the credit default market seems to confirm that the market outlook has significantly worsened.

Benzinga

B. Riley Hikes Cadre's Price Target By 15%

B. Riley analyst Jeff Van Sinderen raised the price target on Cadre Holdings Inc (NYSE:CDRE) to $31 from $27 while maintaining the Buy rating on the shares. The analyst mentions that the company's follow-on offering will help it drive profitable growth over the next several years through accretive acquisitions, expanding product offerings, entering new markets, and expanding…

Benzinga

To Infinity And Not Saudi Arabia: 'Lightyear' Banned In Country Over Same-Sex Kiss

Highly anticipated movie “Lightyear” will not be released in two international territories. Here’s why the latest movie in the Toy Story franchise won’t be included there.

Benzinga

If You Invested $100 In This Stock 10 Years Ago, You Would Have $400 Today

First Republic Bank (NYSE:FRC) has outperformed the market over the past 10 years by 4.58% on an annualized basis producing an average annual return of 15.4%. Currently, First Republic Bank has a market capitalization of $24.53 billion.

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