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The Latest Breaking News from NYSE

Caleres (NYSE:CAL) is set to give its latest quarterly earnings report on Tuesday, 2022-03-15. Here's what investors need to know before the announcement. Analysts estimate that Caleres will report an earnings per share (EPS) of $0.67.

Benzinga

SoftBank's $1B Block Sale Is Causing Coupang's Meltdown

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) Vision Fund's block trade sale worth $1 billion on March 9 triggered Coupang Inc (NYSE:CPNG) share's recent meltdown. SVF Investments (UK) Ltd sold 50 million Coupang shares for $20.87 per share. Coupang's shares closed at $22.70 on March 9 and $18.94 on March 10. Also Read: South Korean E-Commerce Company Coupang…

Benzinga

Is Disney's New 'Star Wars'-Inspired Hotel Turning Into A Flop?

Walt Disney Co. (NYSE: DIS) is facing a rare stumble in its lodging operations as the ballyhooed "Star Wars"-inspired Galactic Starcruiser hotel is not generating a great level of tourist interest.

Benzinga

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Ginkgo Bioworks Adds Ultra-High-Throughput Screening Platform Via FGen Acquisition

Ginkgo Bioworks Holdings Inc (NYSE: DNA) has

Benzinga

Why Turquoise Hill Resources Stock Is Rising Today

Turquoise Hill Resources Ltd (NYSE: TRQ) is trading higher Monday after Rio Tinto PLC (NYSE: RIO) proposed to acquire the company for CAD$34 ($26.66) per share in cash.

Benzinga

Splash Beverage Expands TapouT Distribution Into Southern California

Splash Beverage Group Inc (NYSE:SBEV) revealed expansion of its existing agreement with AB ONE, the wholly-owned distribution network of Anheuser-Busch InBev (NYSE:BUD), to include AB ONE SoCal (Southern California). Southern California is AB ONE's largest single market in the U.S. and covers an area with a population of more than 20 million through national…

Benzinga

Why Nektar Therapeutics Shares Are Falling Today

Nektar Therapeutics (NASDAQ: NKTR) is trading significantly lower Monday morning after the company's Phase 3 PIVOT trial, in combination with Bristol-Myers Squibb Co (NYSE: BMY), did not meet its primary endp

Benzinga

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Zhihu Clocks 96% Revenue Growth In Q4 Backed By Content-Commerce Solutions, Paid Membership Businesses

Zhihu Inc (NYSE:ZH) reported fourth-quarter FY21 revenue growth of 96.1% year-on-year to $159.9 million. Segments: Zhihu's Advertising revenue increased 18.4% Y/Y to $59.3 million. Paid membership revenue expanded 100% Y/Y to $32.8 million. Content-commerce solutions revenue rose 380.1% Y/Y to $57.6 million. Drivers: Average monthly active users (MAUs) grew 36.4% Y/Y to 103.3 million. Average…

Benzinga

Rivian Automotive Appoints Frank Klein As Operations Head

Rivian Automotive Inc (NASDAQ:RIVN) has appointed Frank Klein as Chief Operations Officer (COO), effective June 1, 2022. Klein succeeds Rod Copes, who retired from the position last year. Klein will report to CEO RJ Scaringe. Frank most recently held the position of President at Austria-based automotive contract manufacturer Magna Steyr, a subsidiary of…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Monday, March 14

CNBC

Benzinga

'Rich Dad Poor Dad' Author's Advice To Beat Inflation: Stock Up On Toilet Paper, Trash Bags And Bitcoin

Robert Kiyosaki, the bestselling author of “Rich Dad Poor Dad”, took to Twitter Inc (NYSE: TWTR) on Monday to recommend buying what he believes to be the best investments in an environment of rising inflation.

Benzinga

What You Could Buy With These CEOs' Yearly Compensation: From Eloon Musk To Eric Wu

The Economic Policy Institute (EPI) estimates that CEO compensation has grown 1,322% since 1978, while typical worker compensation has risen just 18%. In 2020, CEOs of the top 350 firms in the U.S. made $24.2 million on average, which was 351 times more than a typical worker.

Benzinga

Forget AMC And GameStop: Could Shorts Get Smoked On Cinemark Stock?

Last year, a number of epic short squeezes, most notably in AMC Entertainment Holdings, Inc (NYSE: AMC) and GameStop Corporation (NYSE: GME), thrust not only those stocks, but a number of retail traders into the spotlight, th

Benzinga

Oil-Dri Clocks 17% Sales Growth In Q2

Oil-Dri Corporation of America (NYSE:ODC) reported second-quarter sales growth of 17.1% year-over-year to $87.21 million, beating the consensus of $61.67 million. The company states that revenue growth was demonstrated across all principal product segments, with significant sales from cat litter, fluids purification, and agricultural products. The gross margin declined by…

Benzinga

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Benzinga

Looking At Taiwan Semiconductor's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Taiwan Semiconductor. Looking at options history for Taiwan Semiconductor (NYSE:TSM) we detected 53 strange trades.

Benzinga

Looking At IBM's Recent Whale Trades

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

Check Out What Whales Are Doing With AXP

Someone with a lot of money to spend has taken a bearish stance on American Express (NYSE:AXP). 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

This Is What Whales Are Betting On JPMorgan Chase

Someone with a lot of money to spend has taken a bearish stance on JPMorgan Chase (NYSE:JPM). 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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news in one place.

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Benzinga

EXCLUSIVE: How Spire Is Using The Power Of Space To Solve Problems On Earth

Satellite company Spire Global Inc (NYSE: SPIR) has struggled to find its footing in the markets since making its public debut last year. The company is focused on leveraging the power of space to solve problems on earth, according to Spire CEO Peter Platzer.

Benzinga

Check Out What Whales Are Doing With CCL

Someone with a lot of money to spend has taken a bullish stance on Carnival (NYSE:CCL). 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

Blackstone Whale Trades For March 11

A whale with a lot of money to spend has taken a noticeably bullish stance on Blackstone. Looking at options history for Blackstone (NYSE:BX) we detected 26 strange trades.

Benzinga

Why Alibaba, Nio And Baidu Shares Are Falling

Shares of multiple Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), Nio Inc - ADR Class A (NYSE: NIO) and Baidu Inc (NASDAQ:

Benzinga

Amazon Gig Deliveryman Gets Shot Multiple Times, Raises Questions Over Amazon's Policies

A carjacker shot an Amazon.com Inc (NASDAQ:AMZN) gig deliveryman, multiple times injuring him while delivering packages in Chicago, Bloomberg reports. The victim, George Hunt, insisted Amazon notify the gig drivers in advance about the vicinities they will be delivering to decide if $30 an hour is worth the risk. Amazon instead penalizes drivers…

Benzinga

Mid-Afternoon Market Update: Nasdaq Falls 150 Points; Orphazyme Shares Plunge

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq dropping 150 points on Friday.

Benzinga

Chart Wars: Following 'The Batman' Release, Will AMC Entertainment Or Cinemark Stock Bounce First?

AMC Entertainment Holdings Inc (NYSE: AMC) and Cinemark Holdings, Inc. (NYSE: CNK) were falling more than 3% and 1.3%, respectively, at one point on Friday despite the release of the latest Batman movie opening in t

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