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The Latest Breaking News from NYSE

Alibaba Hands Out Bulk Of 2021's Antitrust Penalty; China Signals Ease In Crackdown As It Continues To Monitor Tech Sector

E-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) and on-demand service platform operator Meituan (OTC: MPNGY) jointly handed out 92% of China's antitrust fines,

Benzinga

Skillsoft Clocks 5% Decline In Q1 Bookings; Eyes Bottom-End Of FY23 Bookings, Revenue Outlook

Skillsoft Corp (NYSE:SKIL) reported first-quarter FY23 GAAP revenue growth of 78.7% year-on-year to $163.91 million. Adjusted revenue grew 1% to $170.3 million. Total bookings in the quarter declined 5% Y/Y to $125.5 million. Skillsoft Content segment bookings growth was 22%. The operating expenses for the quarter increased 72.8% Y/Y to $206.3 million. The…

Benzinga

18 Stocks Moving in Thursday's Pre-Market Session

Gainers View, Inc. (NASDAQ: VIEW) rose 18.5% to $2.05 in pre-market trading after declining 5% on Wednesday.

Benzinga

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Tommy Bahama & Lilly Pulitzer Owner Posts Solid Q1 Earnings; Lifts FY22 Outlook

Oxford Industries Inc (NYSE:OXM) reported first-quarter FY22 sales growth of 33% year-on-year to $352.6 million, beating the consensus of $329.02 million. Net sales from Tommy Bahama increased 46% Y/Y, Lilly Pulitzer rose 25%, and Emerging Brands gained 42%. Full price e-commerce sales grew 20% compared to Q1 FY21. Restaurant sales climbed 23%, and…

Benzinga

83 Biggest Movers From Yesterday

Gainers Symbotic Inc. (NASDAQ: SYM) shares surged 120.6% to settle at $20.07 on Wednesday. Symbotic reported the completion of its business combination with SVF Investment Corp. to become a publicly traded company.

Benzinga

Tesla Bounces Back With Strong May Sales In China, Clocking 2000% Sequential Rise

Tesla, Inc. (NASDAQ: TSLA) has bounced back big in China in May after a grossly underwhelming performance in the previous month.

Benzinga

A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Jobless Claims Report

Pre-open movers

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5 Stocks To Watch For June 9, 2022

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

Benzinga

Alibaba Faces US Lawsuit Over Selling Defective Printer That Led To A Death In Fire Accident

Alibaba Group Holding, Inc. (NYSE: BABA) is reportedly facing a legal challenge in the U.S. over a defective product that was sold on its website.

Benzinga

Goldman, Nomura see Thailand embarking on rate-hike cycle

The Bank of Thailand (BoT) is set to raise rates from August to quell persistently high inflation, according to analysts, ending a three-year long easy monetary policy stance to shield the Covid-19 pandemic-hit economy.

Bangkok Post

Cathie Wood's Ark Invest Scoops Up $2.3M Worth Of Tesla

Cathie Wood-led Ark Invest Investment Management added more Tesla Inc (NASDAQ: TSLA) stock to its portfolio on Wednesday, raising its exposure to the electric vehicle maker for the third time this month.

Benzinga

US financial regulators threaten to delist Chinese companies but will Beijing compromise to save their American dream?

For decades, Chinese billionaires and entrepreneurs have dreamt of their companies making it on the New York stock exchange, but now they face the risk of being delisted if Beijing does not step back.

ABC News

Why Greif Shares Are Surging After Hours Today

Greif, Inc (NYSE:GEF) reported second-quarter net sales growth of 24.4% year-over-year to $1.67 billion, beating the consensus of $1.51 billion. Global Industrial Packaging net sales increased by $173.7 million to $971.7 million, and Paper Packaging & Services n et sales increased by $152.3 million to $689.3 million. The gross margin expanded by…

Benzinga

Here's How Much You Would Have Made Owning Arthur J. Gallagher Stock In The Last 10 Years

Arthur J. Gallagher (NYSE:AJG) has outperformed the market over the past 10 years by 4.74% on an annualized basis producing an average annual return of 16.71%. Currently, Arthur J. Gallagher has a market capitalization of $33.91 billion.

Benzinga

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news in one place.

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Benzinga

ABM Industries Q2 Results Beat Street Expectations - Read How It Fared

ABM Industries, Inc. (NYSE:ABM) reported second-quarter revenue growth of 26.7% year-over-year to $1.9 billion, comprised of 7.5% organic growth and 19.2% from acquisitions, beating the consensus of $1.88 billion. Adjusted EPS improved to $0.89 from $0.82 in 2Q21, beating the consensus of $0.84. The operating profit improved 49.1% Y/Y to $75 million,…

Benzinga

UPDATE: Is Twitter Calling Elon Musk's Bluff? What You Need To Know

On Monday, the lawyers that represent Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sent a letter to Twitter Inc (NYSE:

Benzinga

Why This Wedbush Analyst Says PayPal Is A Better Payments Play Than Block

The high-growth technology sector, which is attempting to make a comeback, includes several companies in the IT/services payment industry.

Benzinga

Why Carnival, Royal Caribbean And Norwegian Cruise Line Shares Are Falling Today

Shares of cruise line stocks including Carnival Corporation & plc (NYSE: CCL), Royal Caribbean Cruises Ltd. (NYSE: RCL) And Norwegian Cruise Line Holdings Ltd. (NYSE:

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Benzinga

Barclays Downgrades Chart Industries - Read Why

Chart Industries, Inc. (NYSE:GTLS) was downgraded to Equal Weight from Overweight by Barclays analyst J. David Anderson. The analyst downgraded the stock citing valuation. Meanwhile, the analyst maintained the price target of $189, implying an upside of 1.6%. The analyst mentions that despite the strong performance in the shares year-to-date, the risk/reward setup with earnings…

Benzinga

Taiwan Semiconductor Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). 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

UnitedHealth Group Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on UnitedHealth Group. Looking at options history for UnitedHealth Group (NYSE:UNH) we detected 15 strange trades.

Benzinga

Where Chart Industries Stands With Analysts

Analysts have provided the following ratings for Chart Industries (NYSE:GTLS) within the last quarter:

Benzinga

Why Spotify Stock Is Surging Today

Spotify Technology S.A. (NYSE: SPOT) shares are trading higher Wednesday following the company's investor day presentation.

Benzinga

What Are Whales Doing With Coterra Energy

Someone with a lot of money to spend has taken a bullish stance on Coterra Energy (NYSE:CTRA). 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

Truist Securities Downgrades Scotts Miracle Gro: Here's What You Need To Know

Truist Securities downgraded its rating of Scotts Miracle Gro (NYSE:SMG) to Hold with a price target of $85.00, changing its price target from $185.00 to $85.00. Shares of Scotts Miracle Gro are trading down 9.97% over the last 24 hours, at $91.99 per share.

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