Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from NYSE

Alibaba Marks Cloud Computer Debut Outside China In Singapore; Claims It Will Cut IT Spend By ~50%

Alibaba Group Holding Ltd's (NYSE:BABA) Alibaba Cloud launched its cloud computer in Singapore, eliminating the need for powerful desktop hardware to perform compute-intensive tasks, ComputerWeekly.com reports. Dubbed Wuying, the palm-sized machine weighed only 60g and depended on Alibaba's Elastic Desktop Service (EDS) to do the heavy lifting. The launch marked the debut…

Benzinga

Toyota Motor Sees Additional Production Cuts As Semiconductor Crisis Continues To Bite

Toyota Motor Corp (NYSE:TM) looked at additional production cuts in March as the semiconductor chip crisis continues to pinch, Reuters reports. The production suspension will affect the production of ~14,000 Noah and Voxy minivans. Recently, the Japanese automaker reduced its domestic production target by up to 20% for the April-June quarter. Toyota looked to…

Benzinga

Why Hycroft Mining Shares Are Soaring Today

Hycroft Mining Holding Corp (NASDAQ: HYMC) shares are surging Tuesday morning after AMC Entertainment Holdings Inc (NYSE: AMC) announced it's buying a 22% stake in the company.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Dole's Q4 Earnings Top Estimates

Dole PLC (NYSE:DOLE) reported fourth-quarter FY21 sales growth of 2.3% year-on-year, to $2.25 billion, beating the consensus of $2.23 billion. The revenue increase was driven by growth in the Fresh Fruit, Diversified Fresh Produce in EMEA, and Diversified Fresh Produce in Americas & ROW reporting segments. The gross profit decreased 6.4% Y/Y to…

Benzinga

Sonic Automotive Opens New EchoPark Delivery Center In Tennessee

Sonic Automotive Inc (NYSE:SAH) has opened its new EchoPark delivery center in the Tri-Cities region of Tennessee, comprising Johnson City, Kingsport, Bristol, and surrounding communities in Northeast Tennessee and Southwest Virginia. The Johnson City Delivery Center is EchoPark's fourth location in Tennessee, following the recent opening of its Chattanooga Delivery Center in the…

Benzinga

CooTek Tops Q4 Backed By Overseas Mobile Games Business

CooTek (Cayman) Inc (NYSE:CTK) reported a fourth-quarter FY21 revenue decline of 48% year-on-year to $53 million, beating the consensus of $49.6 million. Mobile advertising revenues decreased 49% Y/Y to $51.8 million. December 2021 Operational Highlights: Monthly active users of the portfolio products declined 27% Y/Y to 62.6 million. MAUs of the online literature products…

Benzinga

Investors Grow Bearish On Barclays After Oil ETN Suspension

Barclays PLC (NYSE: BCS) Monday announced the suspension of the sales and issuance of two exchange-traded notes. The British bank said that the decision was based on capacity constraints and has nothing to do with the Russia-Ukraine crisis.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Alibaba Affiliate Ant Financial Divests Entire Stake In 36KR Holdings

Jack Ma's Ant Group Co divested its entire stake in the tech news firm 36KR Holdings Inc (NASDAQ:KRKR), Bloomberg reports. The Alibaba Group Holding Ltd (NYSE:BABA) affiliate looked to comply with Chinese regulators by the move. Ant held an 18% stake in 36KR as of early 2021. Also Read: DiDi Had To Postpone Its IPO After Jack…

Benzinga

10 Biggest Price Target Changes For Tuesday

Wells Fargo cut the price target on Coupa Software Incorporated (NYSE: LPI) from $190 to $80. Laredo Petroleum shares fell 29.8% to $63.10 in pre-market trading.

Benzinga

Lyft, GrubHub Follow Uber, Boost Gig Driver Pay

Lyft Inc(NASDAQ:LYFT) admitted adding a temporary surcharge on its rides to help drivers deal with surging gas prices, CNBC reports. The Uber Technologies Inc(NYSE:UBER) competitor did not elaborate much on surcharge. Food-delivery marketplace GrubHub Inc (NASDAQ:GRUB) also boosted the pay for its gig drivers, Bloomberg reports. Related Content: Uber Adds Surcharge To Help Drivers Bear…

Benzinga

Goldman Sachs Turns Bearish On This Food Processing Company

Goldman Sachs analyst Adam Samuelson downgraded Hormel Foods Corp (NYSE:HRL) to Sell from Neutral with a $44 price target, implying a 12.07% downside. Samuelson warned that the Russia-Ukraine conflict might become one of the most disruptive events across the food and agricultural supply chain. The analyst expects material fertilizer supply shocks across nutrients. Samuelson views…

Benzinga

Why Alibaba And Nio Are Seeing High Interest From Retail Investors Today

Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) and electric vehicle maker Nio Inc. (NYSE: NIO) are seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday.

Benzinga

China's Lockdown Of Tech Hubs To Hamper Amazon, Walmart's Online Delivery: Report

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

Benzinga

30 Stocks Moving in Tuesday's Pre-Market Session

Gainers

Benzinga

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

CooTek (Cayman): Q4 Earnings Insights

CooTek (Cayman) (NYSE:CTK) reported its Q4 earnings results on Tuesday, March 15, 2022 at 02:04 AM. Here's what investors need to know about the announcement.

Benzinga

96 Biggest Movers From Yesterday

Gainers Volt Information Sciences, Inc. (NYSE: VOLT) shares surged 94.7% to close at $5.88 on Monday after the company announced it would be acquired for $6 per share.

Benzinga

Earnings Scheduled For March 15, 2022

Companies Reporting Before The Bell • IDEAYA Biosciences (NASDAQ:IDYA) is likely to report quarterly loss at $0.31 per share on revenue of $8.98 million.

Benzinga

Ford Turns To Europe For EV Expansion: To Launch 7 Models In 2 Years, Targets Selling Over 600,000 Units By 2026

Ford Motor Co (NYSE: F) on Monday revealed plans to launch seven new electric vehicle models in Europe by 2024 and achieve sales of 600,000 EV units a year by 2026.

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Cathie Wood Raises Exposure In Tesla Chinese Rival Backed By Warren Buffett

Cathie Wood-led Ark Investment Management on Monday sharply raised its exposure in the Chinese automaker BYD Co (OTC: BYDDY) but stayed away from buying shares in her favorite electric vehicle stock Tesla

Benzinga

BZ Bites: MoneyLion Reports Record Quarter, One-Year Customer Growth Over 100%

MoneyLion Inc (NYSE: ML) announced fourth-quarter and full-year ended Dec. 31, 2021, financial results. As it stands, record quarter and full-year net revenue were up 146% and 115%, respectively, year over year. Additionally, total customer counts grew 129% year over year.

Benzinga

12 Information Technology Stocks Moving In Monday's After-Market Session

Gainers

Benzinga

Check Out What Whales Are Doing With CAT

Someone with a lot of money to spend has taken a bearish stance on Caterpillar (NYSE:CAT). 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

Archer Aviation Stock Gains Post Q4 Results

Archer Aviation Inc (NYSE:ACHR) reported a fourth-quarter net loss of $(43.3) million, a sequential decrease from $(176.7) million in 3Q21, driven primarily by a decrease in stock-based compensation of $83.9 million. Adjusted EBITDA loss expanded to $(32.4) million from $(28.3) million in Q3. Total operating expenses were $53.3 million for the quarter,…

Benzinga

Snap Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Snap (NYSE:SNAP). 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

Dogecoin Bulls And Bears Enter Fierce Battle After Elon Musk Hodls

Dogecoin (CRYPTO: DOGE) spiked almost 10% higher just after midnight on Sunday after Tesla, Inc (NASDAQ: TSLA) CEO Elon Musk said on Twitter Inc (NYSE:

1 … 529 530 531 532

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.