The Latest Breaking News from NYSE

Hindustan Motors' Iconic Ambassador, once called the 'Wheels of India,' is all set to make a comeback in a new electric vehicle avatar.

Chinese e-commerce giant Alibaba Group Holding Ltd's (NYSE: BABA) stock is expected to hit a "long-awaited inflection point" in the current quarter despite the challenging three months ended March when it reported the slowest revenue growth since going public in 2014, according to anal

Big Lots Inc (NYSE:BIG) reported a first-quarter FY22 revenue decline of 15.4% year-over-year to $1.37 billion, missing the consensus of $1.46 billion. Comparable sales decreased 17% versus an 11.3% increase last year. Ecommerce accounted for 7% of total sales in the quarter. The gross margin for the quarter decreased 350 basis points Y/Y…

Keybanc boosted Broadcom Inc. (NASDAQ: AVGO) price target from $720 to $780. Broadcom shares rose 0.1% to $551.44 in pre-market trading.

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said New York Community Bancorp, Inc. (NYSE: NYCB).

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and the Indian government have discussed integrating its shopping services with India's open e-commerce network ONDC, Reuters reports. Google's talks follow the success of its payments business due to the government's initiative for financial transactions, the Unified Payments Interface (UPI). An expert emphasized ONDC's need for a…

Nio, Inc. (NYSE: NIO) is reportedly planning to build its vehicles in the U.S., the CnEVPost reported, citing an exclusive report from Shanghai-based Chinese media outlet Yicai.

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…

State-owned biggest automobile conglomerate automaker China FAW Group Co is looking to scoop a significant stake in the troubled DiDi Global Inc (NYSE:DIDI), Bloomberg reports. FAW aspired to be a significant shareholder and help Didi pave the way for a Hong Kong listing. Previously Beijing Tourism Group division Shouqi Group and other Beijing-based…