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The Latest Breaking News from NYSE

Why Cramer Recommends Avoiding Fisker, GrowGeneration; Does He Prefer DraftKings Or Penn?

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is not going to recommend Fisker Inc (NYSE: FSR) as it is going to "lose money hand over fist."

Benzinga

Why Lowe's Shares Are Sliding

Lowe's Companies Inc (NYSE: LOW) shares are trading lower Wednesday after the company announced mixed financial results.

Benzinga

Executives Buy Around $9M Of 4 Penny Stocks

The Nasdaq Composite index jumped by more than 300 points on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their…

Benzinga

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Morning Brief: Top Financial Stories Dominating on Wednesday, May 18

CNBC Toyota Looks To Develop Hydrogen Mobility In Europe

Benzinga

More Bullish Bets On Citi After Warren Buffett Buys Large Stake

Through his company Berkshire Hathaway Inc (NYSE: BRK-A), legendary investor Warren Buffett has purchased 55.2 million shares of Citigroup Inc’s (NYSE: C) shares, comprising around 2.8% of the company&r

Benzinga

Arcos Dorados Holdings: Q1 Earnings Insights

Arcos Dorados Holdings (NYSE:ARCO) reported its Q1 earnings results on Wednesday, May 18, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga

10 Biggest Price Target Changes For Wednesday

Telsey Advisory Group reduced Walmart Inc. (NYSE: WMT) price target from $175 to $160. Walmart shares rose 0.1% to $131.48 in pre-market trading.

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EXCLUSIVE: Genius Brands Signs 20-Year Deal With Marvel Studios For Stan Lee License

Genius Brands (NASDAQ: GNUS) has signed a 20-year deal with Marvel Studios that will see the Walt Disney Co NYSE: DIS)-owned brand license the Stan Lee name and likeness from Stan Lee Universe LLC<

Benzinga

Twitter Gives Its Version Of Events: Elon Musk Didn't Carry Out Due Diligence In Rush To Grab $44B Deal

Details surrounding Elon Musk's deal to take Twitter, Inc. (NYSE: TWTR) private are getting murkier each passing day. A new SEC filing by the social media platform to highlight its version of events suggests Musk jumped the gun in his quest to quickly lap up the company.

Benzinga

Toyota Looks To Develop Hydrogen Mobility In Europe

Toyota Motor Corp's (NYSE:TM) Europe business, Air Liquide SA (OTC:AIQUF), and CaetanoBus have signed a Memorandum of Understanding intending to develop integrated hydrogen transport solutions. The companies will focus on infrastructure connected to distribution and refueling; low-carbon and renewable hydrogen production; and deploying hydrogen in various vehicle types. The initial focus would be on buses, light commercial vehicles,…

Benzinga

Chevron Allowed To Maintain Venezuela Operations, But Denied Drilling: WSJ

The U.S. extended a limited license held by Chevron Corporation (NYSE: CVX), allowing it to maintain its operations in Venezuela and negotiate future business.

Benzinga

Sony Is Metaverse-Ready, CEO Kenichiro Yoshida Acknowledges

Sony Group Corp (NYSE:SONY) considered itself well-positioned to play a leading role in the metaverse that could massively disrupt industries and establish new powerhouses, Reuters reports. "The metaverse is at the same time a social space and live network space where games, music, movies, and anime intersect," CEO Kenichiro Yoshida. He pointed…

Benzinga

DouYu Registers 17% Revenue Decline In Q1 Amid China's Live Streaming Crackdown

DouYu International Holdings Limited (NASDAQ:DOYU) reported a first-quarter FY22 revenue decline of 16.6% to $283.3 million year-on-year, beating the consensus of $253.2 million. HUYA Inc (NYSE:HUYA) revenue missed the Q1 consensus amid China's live streaming crackdown and COVID resurgence. Segments: DouYu's Livestreaming revenues decreased by 13.6% Y/Y to $272.5 million due to prudent operating strategies in anticipation…

Benzinga

Haverty Furniture Hikes Dividend By 12%

Haverty Furniture Companies Inc (NYSE:HVT) board of directors has increased the quarterly dividend by 12%, from $0.25 per share to $0.28 per share. The dividend is payable on June 17, 2022, to stockholders of record at the close of business on June 2, 2022. Havertys has been paying a cash dividend each year…

Benzinga

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Benzinga

20 Stocks Moving in Wednesday's Pre-Market Session

Gainers Decisionpoint Systems, Inc. (NASDAQ: DPSI) rose 47.2% to $7.02 in pre-market trading after jumping around 19% on Tuesday. DecisionPoint Systems recently reported first-quarter FY22 revenue growth of 22.7% year-on-year to $19.7 million.

Benzinga

Marine Products Reveals Several Senior Leadership Changes

Marine Products Corp (NYSE:MPX) has promoted its CFO, Ben M. Palmer, to assume the roles of President and CEO, effective immediately. The current CEO, Richard A. Hubbell, has transitioned to Executive Chairman of the Board of Directors. Gary W. Rollins relinquished his position as Non-Executive Chairman of the Board while continuing as a Company…

Benzinga

A Peek Into The Markets: US Stock Futures Down Following Tuesday's Rally

Pre-open movers

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81 Biggest Movers From Yesterday

Gainers Eos Energy Enterprises, Inc. (NASDAQ: EOSE) shares gained 41.8% to settle at $1.90 on Tuesday. Eos Energy Enterprises recently reported worse-than-expected Q1 EPS and sales results.

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Benzinga

5 Stocks To Watch For May 18, 2022

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

Benzinga

'Twitter Exec Trashing Free Speech, Mocking Asperger's:' Elon Musk Reacts To Sting Op As 3 More Senior Staffers Quit

Twitter Inc (NYSE: TWTR) continues to bleed talent, with three senior employees — including two vice presidents — reportedly leaving the company, as it faces more hurdles in the form of a sting operation.

Benzinga

McDonald's, Wendy's Sued Over Burgers Not Being Big And Juicy Enough

A Suffolk County resident is reportedly suing McDonald’s Corp (NYSE: MCD) and The Wendy's Co (NYSE: WEN), accusing them of defrauding customers by not sell

Benzinga

Alibaba Down Over 2%, Nio Jumps 7%: What's Weighing On Hong Kong Stocks Today?

Shares of U.S.-listed Chinese firms traded mixed in Hong Kong on Wednesday morning, with web search giant Baidu Inc (NASDAQ: BIDU) and electric vehicle maker NIO Inc (NYSE: NIO) among stocks that were in the green.

Benzinga

9 Members Of Dogecoin Foundation: Who They Are, What They Do

In 2021, Dogecoin (CRYPTO: DOGE) firmly established itself as one of the world's most popular cryptocurrencies, thanks in large part to Elon Musk's famous Doge-to-the-moon Twitter Inc (NYSE: TWTR

Benzinga

Overzealous DMCA? Elon Musk Shares Thoughts On Disney's Copyright Debate

An ongoing debate between politicians and a leading media company caught the attention of the world’s richest person, who weighed in recently with his opinion.

Benzinga

Container Store Stock Soars After Hours On Q4 Earnings Beat, Long-Term Outlook

Container Store Group Inc (NYSE:TCS) reported a fourth-quarter net sales decline of 2.9% year-over-year to $305.55 million, beating the consensus of $279.82 million.

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