The Latest Breaking News from NYSE

Dingdong Shares Gain After Clocking 43% Revenue Growth In Q1

Dingdong (Cayman) Limited (NYSE:DDL) reported first-quarter FY22 revenue growth of 43.2% year-on-year to $858.7 million. GMV increased by 36.0% Y/Y to $923.0 million. The total number of orders rose by 15.6% Y/Y to 80.6 million. Product revenues were $847.9 million, up 43.1% Y/Y, driven by the increase in the number of orders and…

Benzinga · Jun 15, 2022

10 Biggest Price Target Changes For Wednesday

Jefferies raised Tapestry, Inc. (NYSE: TPR) price target from $30 to $45. Tapestry shares rose 2.2% to close at $31.60 on Tuesday.

Benzinga · Jun 15, 2022

Cramer Gives His Opinion On Equinix, Bausch Health And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Bausch Health Companies Inc.

Benzinga · Jun 15, 2022

Cathie Wood Loads Up On Tesla Stock For 6th Time This Month

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

Benzinga · Jun 15, 2022

Biden Questions Oil Companies On Lack Of Gasoline Amid Increasing Prices: Reuters

As U.S. president Joe Biden faces pressure over rising gasoline prices, he demanded oil companies explain why more gasoline is not in the market.

Benzinga · Jun 15, 2022

Pfizer Halts Enrollment In Paxlovid COVID-19 Trial In Standard-Risk Population

Pfizer Inc (NYSE:PFE) shared additional data from the Phase 2/3 EPIC-SR study of Paxlovid (nirmatrelvir and ritonavir tablets) in patients at standard risk for developing severe COVID-19.  In previously reported interim analyses, the novel primary endpoint of self-reported, sustained alleviation of all symptoms for four consecutive days was not met. Non-significant 70% relative…

Benzinga · Jun 15, 2022

Alibaba Goes Amazon Way To Develop In-House Silicon

Alibaba Group Holding Limited (NYSE: BABA) offered a glimpse at its in-house silicon called Cloud Infrastructure Processing Units (CIPUs) at its annual summit this week, 

Benzinga · Jun 15, 2022

Insiders Buy Around $81M Of 4 Stocks

Although the Dow Jones dropped around 150 points on Tuesday, there were a few notable insider trades.

Benzinga · Jun 15, 2022

Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Warner Bros. Discovery, Inc (NASDAQ:WBD) could downsize up to 30% or nearly 1,000 jobs in its global advertising sales team, Reuters reports. Warner offered members of its U.S. advertising sales team an option to leave the company voluntarily. The global advertising sales team has ~3,000 members. Also Read: Warner Bros. Discovery Registers 15%…

Benzinga · Jun 15, 2022

StoneMor Expands Partnership With Sympathy Brands

StoneMor Inc (NYSE:STON) has expanded its strategic partnership with Sympathy Brands Company (S2 Brands, Inc) to include all 302 cemetery properties. The expanded services will enable StoneMor to connect cemeteries, funeral homes, families, and supporters when planning, mourning, and memorializing loved ones. The partnership streamlines workflow and enriches family care helping with the digitalization of…

Benzinga · Jun 15, 2022