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The Latest Breaking News from NYSE

EV Week In Review: Tesla's ESG Index Expulsion, 'Elongate' Scandal, Nio's Singapore Listing, Pear EV Update From Fisker And More

EV stocks bucked the broader market downturn and ended mostly higher, although market leader Tesla, Inc. (NASDAQ: TSLA) was down for a fourth straight week. Charging stocks also came under selling pressure, while China EV stocks recorded handsome gains.

Benzinga

Wall Street’s final-hour rally saves it from maw of bear market

Rising interest rates, high inflation, the war in Ukraine, and a slowdown in China’s economy are all punishing stocks and raising fears about a possible U.S. recession.

Chicago Sun-Times

Taiwan Semiconductor Whale Trades For May 20

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

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S&P 500 Falls For 7th Consecutive Week Amid Ongoing Inflation, Federal Reserve Rate Hike Fears

U.S. indices rebounded off session lows Friday to finish mixed. Markets at large traded lower this week amid a continued sell off in stocks following recent earnings from retail companies. Concerns over recent inflation data and further Federal Reserve policy tightening also continue to weigh on stocks.

Benzinga

Mystery Solved! The Top 9 Bestselling Products In History

The bestselling products in the world stand at the crossroads of innovation meets the ability to formulate a product that has never been made before.

Benzinga

Valero Energy Whale Trades Spotted

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

Benzinga

(BJ) - Analyzing BJ's Wholesale Club's Short Interest

BJ's Wholesale Club's (NYSE:BJ) short percent of float has fallen 3.56% since its last report. The company recently reported that it has 6.15 million shares sold short, which is 4.6% of all regular shares that are available for trading.

Benzinga

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Amazon Explores Service That Could Reduce Its Capex

Amazon.com Inc (NASDAQ:AMZN) tested a service using its sprawling network of gig drivers to fetch packages from mall-based retailers and deliver them to customers, Bloomberg reports. Amazon can entertain shoppers seeking same-day or quicker shipping with a local mall store products struggling to remain relevant as shoppers flocked online. The program will…

Benzinga

Zymeworks Turns Down All Blue's Hostile Bid

Zymeworks Inc's (NYSE: ZYME) board has officially turned down an unsolicited, opportunistic, non-binding proposal from an activist shareholder, All Blue Falcons.

Benzinga

AbbVie Submits FDA Application For Continuous, 24-Hour Infusion Therapy For Parkinson's

AbbVie Inc (NYSE:ABBV) submitted its FDA marketing application for ABBV-951, a solution of levodopa and carbidopa prodrugs being evaluated in advanced Parkinson’s patients who don’t respond well to oral therapy. AbbVie’s theory here revolves around using a continuous, 24-hour infusion of its therapy. The levodopa and carbidopa prodrugs are delivered in small doses…

Benzinga

Why TDCX Shares Are Trading Higher Today

TDCX Inc (NYSE:TDCX) will join the MSCI Global Small Cap Index - Singapore Index. The inclusion will take effect after the close of the U.S. market on May 31. With 55 constituents as of April 29, the index represents approximately 14% of the free float-adjusted market capitalization of the Singapore equity universe. Singapore-headquartered…

Benzinga

Check Out What Whales Are Doing With SPG

Someone with a lot of money to spend has taken a bearish stance on Simon Property Group (NYSE:SPG). 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

Expert Ratings for Chipotle Mexican Grill

Chipotle Mexican Grill (NYSE:CMG) has observed the following analyst ratings within the last quarter:

Benzinga

9 Stocks Moved By Traders On 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

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Benzinga

Foot Locker Posts Mixed Q1 Earnings; Eyes Upper End Of FY22 Revenue, EPS Guidance

Foot Locker Inc (NYSE:FL) reported first-quarter FY22 sales growth of 1% year-on-year to $2.17 billion, missing the consensus of $2.20 billion. Comparable-store sales decreased by 1.9%, with apparel significantly outpacing footwear. Adjusted EPS of $1.60 beat the analyst consensus of $1.55. Gross margin declined by 80 basis points, driven by higher supply chain…

Benzinga

Atkore Dedicates New Production Line To Nextracker - Read More For Details

Atkore Inc (NYSE:ATKR) and Nextracker LLC established a new manufacturing line dedicated to producing steel tracker components for use in utility-scale solar power plants. Atkore expanded and reconfigured its Phoenix, Arizona facility with new capacity dedicated to Nextracker products. "Atkore's new production line is dedicated to Nextracker and will help them quickly deploy…

Benzinga

Where Kinder Morgan Stands With Analysts

Analysts have provided the following ratings for Kinder Morgan (NYSE:KMI) within the last quarter:

Benzinga

Expert Ratings for Magellan Midstream

Analysts have provided the following ratings for Magellan Midstream (NYSE:MMP) within the last quarter:

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Benzinga

Wells Fargo Maintains Overweight Rating for Targa Resources: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of Targa Resources (NYSE:TRGP) and lower its price target from $86.00 to $83.00. Shares of Targa Resources are trading up 0.45% over the last 24 hours, at $69.22 per share.

Benzinga

Analyst Ratings for Deckers Outdoor

Analysts have provided the following ratings for Deckers Outdoor (NYSE:DECK) within the last quarter:

Benzinga

Morgan Stanley Maintains Equal-Weight Rating for Lightspeed Commerce: Here's What You Need To Know

Morgan Stanley has decided to maintain its Equal-Weight rating of Lightspeed Commerce (NYSE:LSPD) and lower its price target from $44.00 to $31.00. Shares of Lightspeed Commerce are trading up 0.72% over the last 24 hours, at $22.52 per share.

Benzinga

Booz Allen Hamilton Stock Slips As Q4 Bottom-Line, FY23 EPS Outlook Miss Estimates

Booz Allen Hamilton Holding Corp (NYSE:BAH) reported fourth-quarter FY22 sales growth of 13.1% year-on-year to $2.24 billion, beating the consensus of $2.22 billion. Revenue, excluding billable expenses, grew 14.3%. Adjusted EPS of $0.86, down from $0.89 in 4Q21, missed the consensus of $0.87. Adjusted operating income increased by 2.7% Y/Y to $176.1 million,…

Benzinga

Mid-Day Market Update: Dow Tumbles 200 Points; TherapeuticsMD Shares Jump

U.S. stocks traded lower midway through trading, with the Dow Jones dropping around 200 points on Friday.

Benzinga

38 Stocks Moving In Friday's Mid-Day Session

Gainers Leju Holdings Limited (NYSE: LEJU) surged 27.8% to $4.0413.

Benzinga

Looking At Petrobras Brasileiro's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on Petrobras Brasileiro. Looking at options history for Petrobras Brasileiro (NYSE:PBR) we detected 14 strange trades.

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