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The Latest Breaking News from Benzinga

The Valens Announces Mailing And Filing Of Circular For Special Meeting Of Shareholders To Approve Arrangement With SNDL

The Valens Company Inc.

Benzinga

Binance CEO: This Country's Pilot CBDC Program Will Be Implemented On BNB Chain

Binance CEO and co-founder Changpeng Zhao confirmed that the National Bank of the Republic of Kazakhstan (NBK) will integrate its central bank digital currency (CBDC), on the BNB Chain, the underlying blockchain of the Binance network.

Benzinga

How To Profit From Amazon Stock's Historic Collapse On Earnings? Hint: It's An ETF

Direxion Daily AMZN Bear 1X Shares (NYSE: AMZD) gapped up over 11% on Friday after a big bullish day on Thursday caused the ETF to rally 4%.

Benzinga

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Mortgage Applications At A Near 30-Year Low - Has The Federal Reserve Gone Too Far?

Almost every day for the last several months, people have been subjected to a steady trickle of bad news about the state of America’s real estate market. Unless you’ve been living under a rock, it’s impossible to avoid talk of the U.S. Federal reserve’s almost yearlong spree of raising interest…

Benzinga

This Is What Whales Are Betting On Visa

A whale with a lot of money to spend has taken a noticeably bearish stance on Visa. Looking at options history for Visa (NYSE:V) we detected 11 strange trades.

Benzinga

AbbVie Unusual Options Activity For October 28

A whale with a lot of money to spend has taken a noticeably bearish stance on AbbVie. Looking at options history for AbbVie (NYSE:ABBV) we detected 13 strange trades.

Benzinga

Target Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bullish stance on Target. Looking at options history for Target (NYSE:TGT) we detected 10 strange trades.

Benzinga

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Buckle Up For 2023: Inflation Is Still Rampant, New PCE Data Shows

U.S. inflation, as measured by the Federal Reserve's preferred Personal Consumption Expenditures (PCE) Price Index, remains unchanged at 6.2% annually in September, according to the Bureau of Economic Analysis.

Benzinga

Nevada Judge Rules To Remove Marijuana From Schedule 1 Drug Designation

The months-long litigation over marijuana's Scheduled 1 drug designation in Nevada is finally over.

Benzinga

Apple, Intel, And Some Other Big Stocks Moving Higher On Friday

U.S. stocks traded higher, with the Dow Jones gaining more than 500 points on Friday. Here are some big stocks recording gains in today’s session.

Benzinga

7 Intel Analysts Focus On Q3 Earnings, Cost-Cutting Plan

Intel Corporation (NASDAQ: INTC) reported Thursday its third-quarter results, with revenue of

Benzinga

Meta Platforms Is Now The 2nd Most Profitable Stock For Short Sellers In 2022, Behind Only Tesla

Facebook and Instagram parent company Meta Platforms Inc (NASDAQ: META) plummeted 24% on Thursday to its lowest price since 2016.

Benzinga

Is Self Driving Dead? Tesla Gets Sued, Ford Shuts Down Argo AI - But Mobileye IPOs

Imagine this morning commute: You're in the car, sipping coffee with one hand and browsing the morning news with the other. In fact, you’re in the driver’s seat but you're not steering. The streets are safe and accident-free; traffic flows smoothly. You’re so glad someone invented autonomous cars.

Benzinga

Audacious On Track For New Jersey Annual Licenses

Australis Capital Inc. (OTCQB: AUSAF) (CSE:AUSA) provided a corporate update. New Jersey - AUDACIOUS Receives Notification From New Jersey

Benzinga

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Benzinga

Quick To Enter the Market, Institutional Investors Now Shedding Single-Family Home Rentals

As housing prices tumble across the country, institutional investors that had snapped up properties during a pandemic-induced increase in rental rates are now unloading their properties.

Benzinga

US Stocks Mostly Higher; Dow Surges 300 Points

U.S. stocks traded mostly higher this morning, with the Dow Jones surging more than 300 points on Friday.

Benzinga

Eli Electric Prepares To Launch U.S. Sales Micro EVs

With the Biden administration targeting a 50% sales share of electric vehicles (EVs) by 2030, Eli Electric Vehicles is preparing to scale up production when it launches pilot sales of its micro-vehicles in the United States next year. The company has already ramped up small-batch production of these EVs to…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 28, 2022

Upgrades

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Benzinga

Former Retail Star Gome Hobbled by Declining Revenue, Heavy Debt

Key Takeaways: Gome’s revenues are falling sharply despite gains for its online business, as tumbling sales at its brick-and-mortar stores lead to layoffs and closures

Benzinga

Li Ning Tripped Up by Chinese Nationalists

Key Takeaways: Sportswear maker Li Ning’s shares took a beating after the company came under fire for new designs that resembled hats worn by Japanese soldiers during World War 2 Although such scandals are typically short-lived, they can have a big impact if handled improperly, experts say By Jose Qian

Benzinga

Elon Musk Takes Over Twitter: Who's In Charge, Who's Gone And What Happens To The Stock?

A highly anticipated takeover of a leading social media platform looks to be finalized Friday.

Benzinga

Amazon To $160? These Analysts Cut Price Targets On Amazon After Q3 Results

Amazon.com, Inc. (NASDAQ: AMZN) reported upbeat earnings for its third quarter, while sales missed estimates. The company also issued weak sales forecast for the fourth quarter.

Benzinga

Lifeist Q3 Revenue Grows 27% YoY, Driven By A 61% Increase In Canadian Cannabis Revenue

Lifeist Wellness Inc. (OTCQB: NXTTF) (TSXV:LFST) (FRANKFURT:M5B) Q3 2022 net revenue increased 27% to CA$6.8 million ($5 million), compared to CA$5.4 million in Q3 2021.

Benzinga

Tesla's Autopilot Draws Regulatory Scrutiny, Volkswagen Expects Supply Crisis To Continue, TikTok To Launch Standalone Gaming Channel: Top Stories Friday, Oct. 28

Wall Street Journal Tesla’s Autopilot Draws Regulatory Ire From DoJ and SEC

Benzinga

Interview: Osmosis Is Determined To Be The Coinbase Of The Cosmos

In late September, Cosmos Network held its first Cosmoverse '22, described as the most inclusive Cosmos ecosystem event, with three days of presentations at the Las Palmas hotel in Medellin, Colombia.

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