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The Latest Breaking News from NYSE

Nike To Add Counterfeiting Claims, False Advertising To Its Law Suit Against StockX

Nike, Inc (NYSE:NKE) asked a federal judge to let it add counterfeiting claims and false advertising to the current trademark-infringement lawsuit against sneaker marketplace StockX, Bloomberg reports. Nike prosecuted StockX in February in federal court in Manhattan for “blatantly freeriding” on Nike’s trademarks and goodwill with a service called Vault NFTs. StockX argued that…

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Endeavour Silver: Q1 Earnings Insights

Endeavour Silver (NYSE:EXK) reported its Q1 earnings results on Wednesday, May 11, 2022 at 07:50 AM. Here's what investors need to know about the announcement.

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Nomad Foods: Q1 Earnings Insights

Nomad Foods (NYSE:NOMD) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

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Recap: Wolverine World Wide Q1 Earnings

Wolverine World Wide (NYSE:WWW) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

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Recap: Atotech Q1 Earnings

Atotech (NYSE:ATC) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

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YETI Holdings: Q1 Earnings Insights

YETI Holdings (NYSE:YETI) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

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Twitter Founder Jack Dorsey Backs Elon Musk On Reinstating Donald Trump

Twitter Inc (NYSE: TWTR) co-founder Jack Dorsey, who was the CEO of the company when former President Donald Trump was permanently banned from the social media website, said it was a “business decision” that led to the expulsion of the latter.

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34 Stocks Moving in Wednesday's Pre-Market Session

Gainers Embark Technology, Inc. (NASDAQ: EMBK) rose 36.4% to $1.95 in pre-market trading. Embark Technology posted a Q1 loss of $0.04 per share.

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DigitalBridge Nears Deal For This Data-Center Operator

DigitalBridge Group, Inc (NYSE:DBRG) is nearing a deal for data-center operator Switch, Inc (NYSE:SWCH), Bloomberg reports. DigitalBridge, led by CEO Marc Ganzi, outbid Brookfield Asset Management Inc (NYSE:BAM) (TSX:BAM) for Las Vegas-based Switch. The market capitalization of Switch, led by founder, Chair, and CEO Rob Roy, is $7.4 billion. Switch reported Q1 results with an adjusted EPS of…

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Volkswagen Seeks To Pull A Ford With EV Focused Company In US Amid Tight Race With Tesla: Report

German automaker Volkswagen AG (OTC: VWAGY) is leaving no stones unturned in gaining a foothold into the lucrative U.S. electric vehicle market.

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Brookfield Asset Management Nears One Of 2022's Biggest Take-Privates In UK: Bloomberg

Brookfield Asset Management Inc (NYSE:BAM) is nearing a takeover of UK-based emergency household repairs provider HomeServe Plc, reported Bloomberg. According to people familiar with the matter, the deal would be one of the U.K.’s largest take-private transactions this year. The deal is set to value HomeServe plc (OTC:HMSVF) at about $5 billion. Brookfield is working…

Benzinga

Dogecoin Creator Weighs In On Elon Musk's Plan To Reinstate Donald Trump's Twitter

Dogecoin (CRYPTO: DOGE) creator Billy Markus believes that there are only two likely outcomes from Donald Trump’s return to Twitter Inc (NYSE: TWTR) — and neither of them should

Benzinga

A Peek Into The Markets: US Stock Futures Gain; Inflation Data In Focus

Pre-open movers

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Earnings Scheduled For May 11, 2022

Companies Reporting Before The Bell • Great Elm Capital (NASDAQ:GECC) is expected to report earnings for its first quarter.

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103 Biggest Movers From Yesterday

Gainers

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Why Fiverr Shares Are Trading Lower Today

Fiverr International Ltd (NYSE:FVRR) reported first-quarter FY22 revenue growth of 27% year-on-year to $86.7 million, beating the consensus of $86.5 million. Active buyers increased 11% Y/Y to 4.2 million, Spend per buyer rose 17% Y/Y to $251. Take rate expanded by 240 bps to 29.6%. Non-GAAP gross margin contracted 60 bps to 83.5%,…

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5 Stocks To Watch For May 11, 2022

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

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Ford Sells 8M Shares Of Rivian At A Discount

Ford Motor Co (NYSE: F) said on Tuesday it sold 8 million shares in electric vehicle startup Rivian Automotive Inc (NASDAQ: RIVN), estimated to be $214.4 million, at a discount.

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Why Nio, Other EV Peers Are Soaring In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc.

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Biographer: Elon Musk Has 'Always Been Fascinated' By Twitter; Writing Book Like 'Drinking From A Fire Hose'

A highly anticipated biography of Elon Musk is coming soon, and its author is sharing an early preview of his interviews with the world’s richest man.

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Recap: Western Midstream Q1 Earnings

Western Midstream (NYSE:WES) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Western Midstream beat estimated earnings by 20.97%, reporting an EPS of $0.75 versus an estimate of $0.62.

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Danimer Scientific: Q1 Earnings Insights

Danimer Scientific (NYSE:DNMR) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Danimer Scientific beat estimated earnings by 10.34%, reporting an EPS of $-0.26 versus an estimate of $-0.29.

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Recap: SEMrush Hldgs Q1 Earnings

SEMrush Hldgs (NYSE:SEMR) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings SEMrush Hldgs beat estimated earnings by 33.33%, reporting an EPS of $-0.02 versus an estimate of $-0.03.

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Custom Truck One Source: Q1 Earnings Insights

Custom Truck One Source (NYSE:CTOS) reported its Q1 earnings results on Tuesday, May 10, 2022 at 05:05 PM. Here's what investors need to know about the announcement.

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Recap: Oscar Health Q1 Earnings

Oscar Health (NYSE:OSCR) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:30 PM. Here's what investors need to know about the announcement. Earnings Oscar Health missed estimated earnings by 71.43%, reporting an EPS of $-0.36 versus an estimate of $-0.21.

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