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The Latest Breaking News from NYSE

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 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…

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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…

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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.

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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.

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

Pre-open movers

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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

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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:

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

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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

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'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.

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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

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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.

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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.

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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.

Benzinga

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.…

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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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B&W Says Parts & Services Demand In North America Returns To Pre-Pandemic Levels

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) received more than $23 million in orders for parts and services from utility and industrial customers in North America in April, as overall demand for these services rebounded to pre-pandemic levels. The company noted orders include environmental aftermarket parts and services for electrostatic precipitators and other equipment,…

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Sidus Space Picks L3Harris Software For LizzieSat Constellation

Sidus Space, Inc. (NASDAQ:SIDU) has selected L3Harris Technologies (NYSE:LHX) InControl and OnTime software for command and control and mission planning for LizzieSat Constellation. L3Harris will work collaboratively with the Sidus team in the coming weeks to fully implement the two products at the Cape Canaveral facility in preparation for the LizzieSAT-1 International Space Station (ISS)…

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Meme Markets: Is The Latest GameStop Rally A Second Coming?

The last time meme stocks had a run was in late March, and it was owed to a host of catalysts.

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10 Information Technology Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

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5 Snowflake Analysts React To Q1 Earnings As Stock Thaws

Snowflake Inc (NYSE: SNOW) reported a first-quarter loss of 53 cents per share Wednesday on revenues of $422.4 million. Here's what the Street has to say.

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Royal Bank Of Canada Clocks 6% Profit Growth In Q2, Boosts Dividend

Royal Bank of Canada (TSX: RY) (NYSE: RY) reported a

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