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The Latest Breaking News from NYSE

Twitter Gives Its Version Of Events: Elon Musk Didn't Carry Out Due Diligence In Rush To Grab $44B Deal

Details surrounding Elon Musk's deal to take Twitter, Inc. (NYSE: TWTR) private are getting murkier each passing day. A new SEC filing by the social media platform to highlight its version of events suggests Musk jumped the gun in his quest to quickly lap up the company.

Benzinga

Toyota Looks To Develop Hydrogen Mobility In Europe

Toyota Motor Corp's (NYSE:TM) Europe business, Air Liquide SA (OTC:AIQUF), and CaetanoBus have signed a Memorandum of Understanding intending to develop integrated hydrogen transport solutions. The companies will focus on infrastructure connected to distribution and refueling; low-carbon and renewable hydrogen production; and deploying hydrogen in various vehicle types. The initial focus would be on buses, light commercial vehicles,…

Benzinga

Chevron Allowed To Maintain Venezuela Operations, But Denied Drilling: WSJ

The U.S. extended a limited license held by Chevron Corporation (NYSE: CVX), allowing it to maintain its operations in Venezuela and negotiate future business.

Benzinga

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Sony Is Metaverse-Ready, CEO Kenichiro Yoshida Acknowledges

Sony Group Corp (NYSE:SONY) considered itself well-positioned to play a leading role in the metaverse that could massively disrupt industries and establish new powerhouses, Reuters reports. "The metaverse is at the same time a social space and live network space where games, music, movies, and anime intersect," CEO Kenichiro Yoshida. He pointed…

Benzinga

DouYu Registers 17% Revenue Decline In Q1 Amid China's Live Streaming Crackdown

DouYu International Holdings Limited (NASDAQ:DOYU) reported a first-quarter FY22 revenue decline of 16.6% to $283.3 million year-on-year, beating the consensus of $253.2 million. HUYA Inc (NYSE:HUYA) revenue missed the Q1 consensus amid China's live streaming crackdown and COVID resurgence. Segments: DouYu's Livestreaming revenues decreased by 13.6% Y/Y to $272.5 million due to prudent operating strategies in anticipation…

Benzinga

Haverty Furniture Hikes Dividend By 12%

Haverty Furniture Companies Inc (NYSE:HVT) board of directors has increased the quarterly dividend by 12%, from $0.25 per share to $0.28 per share. The dividend is payable on June 17, 2022, to stockholders of record at the close of business on June 2, 2022. Havertys has been paying a cash dividend each year…

Benzinga

20 Stocks Moving in Wednesday's Pre-Market Session

Gainers Decisionpoint Systems, Inc. (NASDAQ: DPSI) rose 47.2% to $7.02 in pre-market trading after jumping around 19% on Tuesday. DecisionPoint Systems recently reported first-quarter FY22 revenue growth of 22.7% year-on-year to $19.7 million.

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Marine Products Reveals Several Senior Leadership Changes

Marine Products Corp (NYSE:MPX) has promoted its CFO, Ben M. Palmer, to assume the roles of President and CEO, effective immediately. The current CEO, Richard A. Hubbell, has transitioned to Executive Chairman of the Board of Directors. Gary W. Rollins relinquished his position as Non-Executive Chairman of the Board while continuing as a Company…

Benzinga

A Peek Into The Markets: US Stock Futures Down Following Tuesday's Rally

Pre-open movers

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81 Biggest Movers From Yesterday

Gainers Eos Energy Enterprises, Inc. (NASDAQ: EOSE) shares gained 41.8% to settle at $1.90 on Tuesday. Eos Energy Enterprises recently reported worse-than-expected Q1 EPS and sales results.

Benzinga

5 Stocks To Watch For May 18, 2022

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

Benzinga

'Twitter Exec Trashing Free Speech, Mocking Asperger's:' Elon Musk Reacts To Sting Op As 3 More Senior Staffers Quit

Twitter Inc (NYSE: TWTR) continues to bleed talent, with three senior employees — including two vice presidents — reportedly leaving the company, as it faces more hurdles in the form of a sting operation.

Benzinga

McDonald's, Wendy's Sued Over Burgers Not Being Big And Juicy Enough

A Suffolk County resident is reportedly suing McDonald’s Corp (NYSE: MCD) and The Wendy's Co (NYSE: WEN), accusing them of defrauding customers by not sell

Benzinga

Alibaba Down Over 2%, Nio Jumps 7%: What's Weighing On Hong Kong Stocks Today?

Shares of U.S.-listed Chinese firms traded mixed in Hong Kong on Wednesday morning, with web search giant Baidu Inc (NASDAQ: BIDU) and electric vehicle maker NIO Inc (NYSE: NIO) among stocks that were in the green.

Benzinga

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9 Members Of Dogecoin Foundation: Who They Are, What They Do

In 2021, Dogecoin (CRYPTO: DOGE) firmly established itself as one of the world's most popular cryptocurrencies, thanks in large part to Elon Musk's famous Doge-to-the-moon Twitter Inc (NYSE: TWTR

Benzinga

Overzealous DMCA? Elon Musk Shares Thoughts On Disney's Copyright Debate

An ongoing debate between politicians and a leading media company caught the attention of the world’s richest person, who weighed in recently with his opinion.

Benzinga

Container Store Stock Soars After Hours On Q4 Earnings Beat, Long-Term Outlook

Container Store Group Inc (NYSE:TCS) reported a fourth-quarter net sales decline of 2.9% year-over-year to $305.55 million, beating the consensus of $279.82 million.

Benzinga

McDonald's Selling Russian Business: Will Anyone Buy Restaurants When They Could Steal The Brand For Free?

McDonald’s Corp (NYSE: MCD) announced Monday its intention to sell its Russian restaurants.

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Benzinga

BZ Chart Of The Day: Is The AMD Move Over Already?

Shares of Advanced Micro Devices, Inc. (NYSE: AMD) have been ripping higher. But they’ve reached a potential resistance level. That may put a halt or pause to the rally.

Benzinga

Why Doximity Shares Are Trading Lower After Hours

Doximity Inc (NYSE:DOCS) reported fourth-quarter revenue growth of 40.4% year-over-year to $93.7 million, beating the consensus of $90.11 million. Adjusted net income was $44.9 million versus $24 million in 4Q21, representing a 48% margin. Adjusted EPS was $0.21, beating the consensus of $0.15. Adjusted gross margin expanded by 200 bps to 90%.…

Benzinga

Shopify Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Shopify (NYSE:SHOP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Looking At Goldman Sachs Group's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on Goldman Sachs Group. Looking at options history for Goldman Sachs Group (NYSE:GS) we detected 27 strange trades.

Benzinga

EXCLUSIVE: Be The House Not The Gambler — How To Use Options To Improve Performance

While investment results in the markets are not guaranteed, there are relatively simple options strategies that can greatly reduce risk and generate far more predictable returns in the long run.

Benzinga

Where Edwards Lifesciences Stands With Analysts

Analysts have provided the following ratings for Edwards Lifesciences (NYSE:EW) within the last quarter:

Benzinga

Expert Ratings for General Electric

Analysts have provided the following ratings for General Electric (NYSE:GE) within the last quarter:

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