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The Latest Breaking News from NYSE

Why Big Lots Shares Are Plunging Today

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…

10 Biggest Price Target Changes For Friday

10 Biggest Price Target Changes For Friday

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

CNBC's Final Trades: New York Community Bancorp, Nvidia, Altria And This Small Cap ETF

CNBC's Final Trades: New York Community Bancorp, Nvidia, Altria And This Small Cap ETF

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

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Google, India Discuss Collaborating Over Open E-Commerce Network

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…

Is Chinese EV Maker Nio Planning To Manufacture In US?

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 Joins Peers In Hiring Slowdown Amid Economic Volatility

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…

Here's Why DiDi Shares Are Trading Higher Premarket

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…

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WeWork Appoints Andre Fernandez As Finance Chief; Affirms Outlook

WeWork Appoints Andre Fernandez As Finance Chief; Affirms Outlook

WeWork Inc (NYSE:WE) has appointed Andre J. Fernandez as Chief Financial Officer (CFO) effective June 10, 2022. This is the third time the co-working space operator has hired a finance chief since March 2020, the Wall Street Journal reported. Fernandez recently served as the CFO of Atlanta-based enterprise software company NCR Corp (NYSE:NCR). The WSJ report…

Toyota Cuts Production Plan For June Again

Toyota Cuts Production Plan For June Again

Toyota Motor Corp (NYSE:TM) has cut its June global production plan for the second time in a week due to the COVID-19 lockdown in Shanghai. The auto major cut production by 50,000 vehicles and now anticipates producing about 800,000 units in June. It has decided to suspend domestic factory line operations for the week…

Cathie Wood Scoops Up $9M More In This Crypto-Linked Stock

Cathie Wood Scoops Up $9M More In This Crypto-Linked Stock

Cathie Wood-led Ark Investment Management on Thursday scooped up more shares in Coinbase Global Inc (NASDAQ: COIN) as it continued raising its exposure to the cryptocurrency exchange.

20 Stocks Moving in Friday's Pre-Market Session

20 Stocks Moving in Friday's Pre-Market Session

Gainers Adicet Bio, Inc. (NASDAQ: ACET) rose 16% to $11.90 in pre-market trading after reporting positive clinical update from ADI-001 Phase 1 Trial in relapsed/refractory Non-Hodgkin’s Lymphoma.

A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Economic Reports

A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Economic Reports

Pre-open movers

Elon Musk And Twitter Both Sued By Shareholders Over 'Chaotic Deal'

Elon Musk And Twitter Both Sued By Shareholders Over 'Chaotic Deal'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and Twitter Inc (NYSE: TWTR) are being sued by the microblogging company’s shareholders over an ongoing chaotic $44 billion t

88 Biggest Movers From Yesterday

88 Biggest Movers From Yesterday

Gainers Creatd, Inc. (NASDAQ: CRTD) shares jumped 58.5% to close at $1.28 on Thursday. Creatd’s board approved a rights offering of up to $40 million for 20 million shares at $2 per unit.

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5 Stocks To Watch For May 27, 2022

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

Cathie Wood's Ark Invest Makes Nvidia Re-Entry After 7 Months With $44M Buy

Popular stock picker Cathie Wood’s Ark Invest on Thursday initiated a new exposure in Nvidia Inc (NASDAQ: NVDA) just seven months after it had exited all of its stake in the graphics chipmaker.

Elon Musk Wishes Jack Dorsey Stayed On Twitter Board, But That Horse Has Already Bolted

When Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, who is attempting to take over Twitter Inc (NYSE: TWTR), noted that the company’s founder Jack Dorsey had quit the social media firm&rsq

'Politicians Or Billionaires:' Elon Musk Asks Twitter Users Who They Trust Less

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday started a new poll on the microblogging site Twitter Inc (NYSE: TWTR), a platform he has bid to take private in a $44 billion deal or le

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7 Stocks Most Likely To Be Impacted By iPhone 14 Delays

As the largest tech company in the world, Apple Inc (NASDAQ: APPL) has a global reach, unlike any other company.

Dell Technologies Shares Gain After Q1 Results Beat

Dell Technologies Inc (NYSE: DELL) reported first-quarter FY23 revenue growth of 15.6% year-over-year to $26.1 billion, with growth across Infrastructure Solutions

5 Stocks Moving On The US Government Spy Satellite News

The National Reconnaissance Office (NRO) is the United States agency that manages the designing, building, and maintaining of the country's intelligence satellites.

RBC Capital Raises Price Target For Its Favorite "Risk On" Bank Stock

RBC Capital analyst Darko Mihelic raised the price target for Bank of Nova Scotia (TSX: BNS) (NYSE: BNS) to C$94 from C$93. The analyst maintained the Outperform rating on the shares.

Analysis: Is Disney Setting Up Films To Fail At The Box Office?

Over the past several months, the Walt Disney Co. (NYSE: DIS) has fallen into a peculiar habit of scheduling smaller films from its 20th Century Studios and Searchlight Pictures division into theatrical releases against major blockbusters from other Hollywood companies.

Parsons Bags Contract For AI-Based Smart Mobility System

Parsons Corp (NYSE:PSN) was selected by the Niagara International Transportation Technology Coalition (NITTEC) to provide artificial intelligence (AI) based regional border transportation management system. Financial terms were not disclosed. The system will help expedite the movement of goods and people around the Buffalo-Niagara bi-national region in Western New York State and Southern Ontario.…

Why Kraft Heinz Shares Are Falling Today

The Kraft Heinz Co (NASDAQ: KHC) shares are trading lower Thursday following bearish analyst coverage from UBS.

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