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The Latest Breaking News from NYSE

Warren Buffett-Backed BYD Continues To Outperform EV Rivals In May

Chinese new energy vehicle maker BYD Co (OTC: BYDDY) said on Thursday that sales of its battery-powered vehicle more than doubled in May despite nearly a two-month COVID-19 lockdown in Shanghai which disrupted supply chains and hit production for many of its rivals.

Benzinga

A Peek Into The Markets: US Stock Futures Down; All Eyes On Jobs Data

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 400 points in the previous session. Investors are awaiting the release of jobs report for May.

Benzinga

Sycamore, Franchise Group Submit Bids for Kohl's: WSJ

Kohl’s Corp (NYSE:KSS) has received takeover bids form from private-equity firm Sycamore Partners and retail holding company Franchise Group, Inc (NASDAQ:FRG), the Wall Street Journal reported. Sycamore proposed $50 a share, and Franchise Group offered $60 per share, the report noted, valuing the company between $7 billion - $8 billion. The bidders had previously said…

Benzinga

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McDonald's To Deploy Third Party Firm To Evaluate Diversity Initiatives: WSJ

McDonald's Corp (NYSE:MCD) is planning to deploy a third party to evaluate its effort on diversity, equity, and inclusion, the Wall Street Journal reported. In a Securities and Exchange Commission (SEC) filing, the company said about 274 million shares of the company's common stock were voted in favor of the third-party civil…

Benzinga

74 Biggest Movers From Yesterday

Gainers

Benzinga

Palantir To Help Ukraine's Army Resist Russian Invasion, CEO Meets Zelenskyy

Data analytics company Palantir Technologies, Inc. (NYSE: PLTR) has pledged support to help war-torn Ukraine as it continues to fight the ongoing Russian invasion.

Benzinga

Nio's ES7 To Start Selling In China: What That Means For EV Startup

Nio, Inc.'s (NYSE: NIO) newest SUV, the ES7, could arrive on time despite the supply and logistics challenges in the wake of the COVID-19 disruptions.

Benzinga

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GM's Cruise Becomes California's First Driverless Ride Service

General Motors Co’s (NYSE: GM) robotaxi venture Cruise said on Thursday it had secured a commercial permit to charge a fare for driverless rides, much ahead of rivals such as Tesla Inc (NASDAQ:

Benzinga

Why Alibaba, Nio, Other Chinese Stocks Are Not Trading In Hong Kong Today

Shares of Alibaba Group Holdings Ltd (NYSE: BABA), JD.Com Inc (NASDAQ: JD), Baidu Inc (NASDAQ:

Benzinga

5 Most Charitable Athletes: See Where LeBron James And Serena Williams Rank

According to Forbes, LeBron James joins Michael Jordan as the only two NBA players to make it into billionaire territory, but James did something Jordan didn’t. He got it while still in the league.

Benzinga

Here's How Much $1000 Invested In Sociedad Quimica Y Minera 5 Years Ago Would Be Worth Today

Sociedad Quimica Y Minera (NYSE:SQM) has outperformed the market over the past 5 years by 12.32% on an annualized basis producing an average annual return of 23.73%. Currently, Sociedad Quimica Y Minera has a market capitalization of $29.69 billion.

Benzinga

Petrobras Brasileiro Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Petrobras Brasileiro (NYSE:PBR). 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

Chipotle Mexican Grill Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Chipotle Mexican Grill. Looking at options history for Chipotle Mexican Grill (NYSE:CMG) we detected 16 strange trades.

Benzinga

What Are Whales Doing With Merck & Co

A whale with a lot of money to spend has taken a noticeably bearish stance on Merck & Co. Looking at options history for Merck & Co (NYSE:MRK) we detected 14 strange trades.

Benzinga

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Benzinga

Top News In Fintech And Beyond For June 3, 2022

👉 Top Things To Know In TradeFi:

Benzinga

Asana Q1 Earnings Highlights: Revenue And EPS Beat, Record Q1 Revenue, Guidance And More

Work management company Asana Inc (NYSE: ASAN) reported first-quarter financial results after market close Thursday. Here are the key highlights.

Benzinga

Markets Rise Amid Strength In Tech, Software

U.S. indices finished Thursday’s trading session higher. Overall tech and software sector strength as well as strong first-quarter results from Mongodb Inc (NASDAQ: MDB) lifted markets higher for the session.

Benzinga

Hayward Bolsters Pool & Spa Lighting Business - Read How

Hayward Holdings Inc. (NYSE:HAYW) has acquired the specialty lighting business of Halco Lighting Technologies. Financial terms were not disclosed. Halco's specialty lighting business includes lighting solutions serving the residential and commercial pool, spa, fountain, and landscape lighting market segments. The products include lighting brands such as ColorSplash, J&J Electronics, PureWhite, and Sollos.…

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Benzinga

Here's Why Analysts Had Mixed Opinions On C3.ai Post Q4 Results

Analyst opinions remained mixed about C3.ai, Inc (NYSE:AI) following its dismal FY23 guidance despite a Q4 beat. Piper Sandler analyst Arvind Ramnani downgraded C3.ai from Overweight to Neutral and slashed the price target from $28 to $15. The re-rating reflected lackluster guidance triggered by enterprise spending softness, slower customer growth, and a dismal demand. Ramnani noted the…

Benzinga

Here's Why Pete Najarian Says Disney Stock Can 'Go A Lot Higher'

Walt Disney Co (NYSE: DIS) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report."

Benzinga

Standard Motor Products Reveals New $500M Credit Facility

Standard Motor Products Inc (NYSE:SMP) has entered into a new five-year $500 million credit facility, with JPMorgan Chase Bank N.A. as an agent and a syndicate of lenders. The facility includes a $100 million term loan and a $400 million revolving credit facility. In addition, SMP entered into an interest rate swap agreement…

Benzinga

Mid-Afternoon Market Update: Dow Surges Over 200 Points; Immunic Shares Slide

U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 200 points on Thursday.

Benzinga

5 Analysts Have This to Say About Altice USA

Within the last quarter, Altice USA (NYSE:ATUS) has observed the following analyst ratings:

Benzinga

Here's How Much $100 Invested In Republic Services 20 Years Ago Would Be Worth Today

Republic Services (NYSE:RSG) has outperformed the market over the past 20 years by 4.64% on an annualized basis producing an average annual return of 11.91%. Currently, Republic Services has a market capitalization of $42.24 billion.

Benzinga

10 Industrials Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

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