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The Latest Breaking News from NYSE

TikTok Revenue Set To Surpass Twitter, Snap Revenue Combined

Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to over $11 billion, Reuters reports quoting Insider Intelligence. TikTok's revenue will likely surpass the combined sales of its rivals, Twitter Inc (NYSE:TWTR) and Snap Inc (NYSE:SNAP). Nearly $6 billion, or more than half, of 2021's ad revenue will likely come from the U.S., despite regulatory concerns…

Benzinga

Fearless Girl statue will stay put opposite NYSE for now

The 4-foot bronze Fearless Girl statue that was deposited in front of New York City’s Charging Bull in 2017 will remain in its current spot opposite the New York Stock Exchange at least until early next year

The Independent UK

3 Stocks That Could Benefit From The Record-Breaking Weekend Of 'Sonic The Hedgehog 2'

The highly anticipated sequel “Sonic the Hedgehog 2” was the box office leader for the weekend and posted some record-breaking numbers. Here are three stocks that could enjoy the success of “Sonic the Hedgehog 2.”

Benzinga

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Is LeBron James Striving For Greatness In The NFT Space? These Trademarks Say So

NBA superstar LeBron James is one of several athletes setting up for growth of the metaverse and non-fungible tokens. Here’s the latest on new filings from James.

Benzinga

Here's How Shopify Chief Looks To Preserve Control

Shopify Inc (NYSE:SHOP) sought approval to change its complex share structure to protect the voting power, including a 10-for-1 stock split, the Wall Street Journal reports. Co-founder and CEO Tobi Lütke proposed a new “founder share” that, combined with his existing supervoting Class B shares, increased his voting power to 40% from…

Benzinga

Peering Into QuantumScape Corporation Class A Common Stock's Recent Short Interest

QuantumScape Corporation Class A Common Stock's (NYSE:QS) short percent of float has risen 5.13% since its last report. The company recently reported that it has 43.50 million shares sold short, which is 20.29% of all regular shares that are available for trading.

Benzinga

Germany Inks COVID-19 Vaccine Deal With CureVac, GSK Until 2029

Germany has signed a contract with CureVac BV (NASDAQ:CVAC) and its partner GlaxoSmithKline plc (NYSE:GSK) for domestically produced mRNA vaccines to bolster supplies for pandemic preparedness. The five-year contract allows for the production of up to 80 million doses at short notice until 2029, CureVac said, adding that those doses could be for the remainder of…

Benzinga

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Honeywell Looks For More Suppliers To Support Boeing, Airbus Aircraft Targets: Reuters

Honeywell International Inc (NASDAQ:HON) is exploring adding more suppliers as it prepares to meet higher demand from Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSY), which are ramping up production to cater to a surge in air travel, Reuters reported. Honeywell, which manufactures everything from engines to cockpit components, is working to diversify its supplier base of…

Benzinga

This Upcoming Catalyst Could Send Disney Shares 'Off To The Races'

The Walt Disney Co (NYSE: DIS) was featured as the call of Monday on CNBC's "Fast Money Halftime Report."

Benzinga

PreMarket Prep Stock Of The Day: AT&T

Depending on your quote provider, shares of AT&T (NYSE: T) may have been trading lower by $4.52 or higher by roughly $1.38 at $19.60 Monday. The reason for the disparity in price makes AT&T the PreMarket Prep Stock of the Day.

Benzinga

Elanco, Ginkgo Bioworks Launch BiomEdit, Microbiome-Focused Animal Health Firm

Elanco Animal Health Incorporated (NYSE:ELAN) and Ginkgo Bioworks Holdings Inc (NYSE:DNA) have launched BiomEdit, a microbiome innovation company. BiomEdit will discover, develop and introduce novel probiotics, bioactive molecules, engineered microbial medicines, and microbial monitoring services for animal health. In October last year, Elanco announced its intention to carve out its microbiome platform and pipeline under the leadership…

Benzinga

These 8 Stocks Are Seeing Massive Volume Today

Trading volume is a simple way to measure how much of a security is being traded over a period of time. A high trading volume indicates high buying pressure if the stock is moving higher, or high selling pressure if the stock is moving lower.

Benzinga

Expert Ratings for Lear

Lear (NYSE:LEA) has observed the following analyst ratings within the last quarter:

Benzinga

Peering Into Uber Technologies Inc's Recent Short Interest

Uber Technologies Inc's (NYSE:UBER) short percent of float has fallen 19.25% since its last report. The company recently reported that it has 68.26 million shares sold short, which is 3.86% of all regular shares that are available for trading.

Benzinga

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Benzinga

Lion Electric, Transit Truck Bodies Launch Heavy-Duty Truck

Lion Electric Co (NYSE:LEV) (TSX:LEV) and Transit Truck Bodies launched a new lightweight, aerodynamic, 100% heavy-duty electric truck ideally suited for last-mile urban delivery. This vehicle was developed as part of the Mobel mobilization project that the government of Quebec is supporting to finance. Designed by Transit, this zero-emission vehicle built on a…

Benzinga

What 5 Analyst Ratings Have To Say About NexTier Oilfield

Within the last quarter, NexTier Oilfield (NYSE:NEX) has observed the following analyst ratings:

Benzinga

Analyst Ratings for Kimbell Royalty Partners

Within the last quarter, Kimbell Royalty Partners (NYSE:KRP) has observed the following analyst ratings:

Benzinga

Looking At Verizon Communications's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Verizon Communications (NYSE:VZ). 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.

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Benzinga

Citigroup Upgrades Rating to Buy for Wells Fargo, Lowers Price Target To $56

Citigroup upgraded its rating of Wells Fargo (NYSE:WFC) to Buy with a price target of $56.00, changing its price target from $58.00 to $56.00. Shares of Wells Fargo are trading up 0.95% over the last 24 hours, at $49.20 per share.

Benzinga

12 Consumer Discretionary Stocks Moving In Monday's Intraday Session

Gainers

Benzinga

10 Health Care 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.

Benzinga

Deutsche Bank Maintains Buy Rating for AT&T, Lowers Price Target To $24

Deutsche Bank has decided to maintain its Buy rating of AT&T (NYSE:T) and lower its price target from $30.00 to $24.00. Shares of AT&T are trading down 19.18% over the last 24 hours, at $19.51 per share. A move to $24.00 would account for a 23.01 increase% shift from the…

Benzinga

Keybanc Maintains Overweight Rating for Brigham Minerals, Raises Price Target To $28

Keybanc has decided to maintain its Overweight rating of Brigham Minerals (NYSE:MNRL) and raise its price target from $25.00 to $28.00. Shares of Brigham Minerals are trading down 2.47% over the last 24 hours, at $26.87 per share.

Benzinga

Wolfe Research Downgrades Rating to Underperform for Kinder Morgan, Raises Price Target To $18

Wolfe Research downgraded its rating of Kinder Morgan (NYSE:KMI) to Underperform with a price target of $18.00, changing its price target from $17.00 to $18.00. Shares of Kinder Morgan are trading down 1.08% over the last 24 hours, at $19.27 per share.

Benzinga

Wells Fargo Upgrades Rating to Overweight for Regions Financial, Raises Price Target To $26

Wells Fargo upgraded its rating of Regions Financial (NYSE:RF) to Overweight with a price target of $26.00, changing its price target from $24.00 to $26.00. Shares of Regions Financial are trading up 1.81% over the last 24 hours, at $21.13 per share.

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