The Latest Breaking News from NYSE

Needham reduced WalkMe Ltd. (NASDAQ: WKME) price target from $40 to $20. WalkMe shares dropped 8.1% to close at $12.20 on Monday.

Semperis, a cybersecurity software startup based in the United States, has announced a $200 million funding round led by private equity firm KKR & Co Inc (NYSE:KKR) at a significantly higher valuation than its previous round, reported Reuters. Existing investors such as Insight Partners and new investors such as Ten Eleven Ventures joined…

NetEase, Inc (NASDAQ:NTES) reported first-quarter FY22 revenue growth of 14.8% year-on-year to $3.7 billion. Segments and margins: Online game services revenues grew 15.3% Y/Y to $2.7 billion. The gross margin for online game services expanded by 50 bps to 65.1%. Youdao, Inc (NYSE:DAO) revenue decreased 10.4% Y/Y to $189.4 million, and the corresponding gross margin…

In a bid to catch up with its peers, Mahindra and Mahindra's (OTC: MAHMF) chief said the Indian automotive giant would explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio.

Gainers BIMI International Medical Inc. (NASDAQ: BIMI) shares rose 136.4% to $1.43 in pre-market trading. BOQI International recently posted a Q1 loss of $0.27 per share.

Autohome Inc (NYSE:ATHM) reported a first-quarter FY22 revenue decline of 20.1% year-on-year to $232.1 million, beating the consensus of $209.2 million. In March, the mobile daily active users increased by 7.5% Y/Y.  Revenues from new energy vehicle (NEV) brands rose 156.1% Y/Y. Segments: Online Marketplace and Others Revenues declined 7.9% Y/Y to $78.3 million…

Pre-open movers

A visitor to a Walt Disney Co (NYSE: DIS) theme park has said she lost $40,000 in credit card fraud after losing a wearable made by Apple Inc (NASDAQ: AAPL).

Gainers Catalyst Biosciences, Inc. (NASDAQ: CBIO) gained 234.2% to close at $1.27 after the company announced it sold its complement portfolio for $60 million.