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The Latest Breaking News from NYSE

Tencent Clocks 8% Revenue Growth In Q4; Looks To Focus On Core Businesses

Tencent Holdings Ltd (OTC:TCEHY) reported fourth-quarter FY21 revenue growth of 8% year-on-year to 144.2 billion yuan ($22.6 billion). Revenues from VAS increased by 7% Y/Y to 71.9 billion yuan, and Online Advertising decreased by 13% Y/Y to 21.5 billion yuan. Revenues from FinTech and Business Services increased by 25% Y/Y to 48 billion…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Wednesday, March 23

CNBC US Approves $2.9B In Grant For Infra Projects

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ING Groep Becomes Biggest Bank To Phase Down Funding Of New Oil & Gas Projects: Reuters

ING Groep NV's (NYSE: ING) energy chief said that the bank will no longer finance new oil and gas projects, becoming the biggest bank yet to commit to such a step in the fight against climate change.

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The Daily Biotech Pulse: Pfizer Reports Positive Ulcerative Colitis Study Data, Novavax COVID Shot Authorized For Adolescents In India, Argenx Stock Sale

Here's a roundup of top developments in the biotech space over the last 24 hours.

Benzinga

Winnebago Industries: Q2 Earnings Insights

Winnebago Industries (NYSE:WGO) reported its Q2 earnings results on Wednesday, March 23, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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REX American Resources: Q4 Earnings Insights

REX American Resources (NYSE:REX) reported its Q4 earnings results on Wednesday, March 23, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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JinkoSolar: Q4 Earnings Insights

JinkoSolar Holding Co (NYSE:JKS) reported its Q4 earnings results on Wednesday, March 23, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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JPMorgan's CEO Attracts Investor Criticism Over Technology Associated Spending Plans: FT

JPMorgan Chase & Co’s (NYSE: JPM) CEO Jamie Dimon is facing investor criticism over a multibillion-dollar plan to modernize the group’s technology and the decision to enter the U.K.’s highly competitive retail-banking market,

Benzinga

Executives Buy Around $39M Of 4 Stocks

Although US stock futures traded lower on Wednesday, there were a few notable insider trades.

Benzinga

32 Stocks Moving in Wednesday's Pre-Market Session

Gainers Zentek Ltd. (NASDAQ: ZTEK) rose 180.5% to $7.63 in pre-market trading after declining around 5% on Tuesday.

Benzinga

Stellantis Fires Up EV Rivalry With Tesla

Stellantis NV (NYSE:STLA), Mercedes-Benz Group AG (OTC:DMLRY), and TotalEnergies SE (NYSE:TTE) joint venture Automotive Cells Company looked to build an EV battery plant in Italy. The plant would involve an investment of over €7 billion, Reuters reports The partners aimed to increase its industrial capacity to at least 120-gigawatt hours (GWh) by 2030. ACC looked to produce batteries…

Benzinga

Jim Cramer Recommends Buying This Stock Ahead Of Earnings

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Huntington Bancshares Incorporated (NASDAQ: HBAN) very much.

Benzinga

GameStop Sued By BCG For Not Paying $30M In Fees, Says It Will Fight Lawsuit

GameStop Corp. (NYSE: GME) has been sued by Boston Consulting Group for not paying about $30 million in consulting fees, Bloomberg

Benzinga

Here's Why Argus Remained Bullish On eBay

Argus analyst Joseph Bonner lowered the price target on eBay Inc (NASDAQ:EBAY) to $69 from $88 but kept a Buy. The price target implies an upside of 23.8%. eBay will need to show that it can successfully carve out product niches among sellers in the face of severe competition from Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and start-up category…

Benzinga

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AutoZone Adopts $2B Additional Share Buyback Program

AutoZone Inc (NYSE:AZO) said its Board of Directors authorized the repurchase of an additional $2.0 billion of its common stock. The company had $958 million remaining under its current share repurchase authorization at the end of the second quarter. The company held $239.4 million in cash and equivalents as of February 12, 2022. AutoZone's Board…

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A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of Earnings, Fed Speakers

Pre-open movers

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Earnings Scheduled For March 23, 2022

Companies Reporting Before The Bell • AYRO (NASDAQ:AYRO) is expected to report earnings for its fourth quarter.

Benzinga

66 Biggest Movers From Yesterday

Gainers JX Luxventure Limited (NASDAQ: LLL) shares jumped 119.5% to settle at $4.39 on Tuesday after the company announced it signed a $60 million sales agreement.

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Benzinga

5 Stocks To Watch For March 23, 2022

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

Benzinga

PagSeguro Digital: Q4 Earnings Insights

PagSeguro Digital (NYSE:PAGS) reported its Q4 earnings results on Tuesday, March 22, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga

Worthington Industries: Q3 Earnings Insights

Worthington Industries (NYSE:WOR) reported its Q3 earnings results on Tuesday, March 22, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

Benzinga

GameStop Extends Rally After-Hours: Is News Of Ryan Cohen Boosting Stake Responsible?

Shares of GameStop Corp. (NYSE: GME) surged more than 16% in Tuesday’s extended trading after chairman Ryan Cohen raised his stake in the videogame retailer.

Benzinga

AMC CEO Adam Aron Highlights Movie Lineup To Keep Summer Revenues Sizzling

AMC Entertainment Holdings Inc. (NYSE: AMC) CEO Adam Aron on Tuesday highlighted the forthcoming movie releases for March and April, as the movie theater chain continues to see an improvement in foot traffic.

Benzinga

This Tesla, Nio Rival Is The Latest EV Maker To Hike Prices As Material Costs Bite

Li Auto Inc (NASDAQ: LI) on Wednesday became the latest electric vehicle maker to increase prices due to a significant increase in upstream raw materials, CnEVpost reported, citing the company.

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