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The Latest Breaking News from NYSE

Warren Buffett Exits Wells Fargo And Buys Stake In Its Rival Bank

Berkshire Hathaway Inc (NYSE: BRK-B) bought $3 billion worth of shares in Citigroup Inc (NYSE: C) in Q1, giving the group a stake of about 2.8%, according to filings with regulators.

Benzinga

Why Home Depot Shares Are Gaining Today

Home Depot Inc (NYSE:HD) reported first-quarter FY22 sales growth of 3.8% year-on-year to $38.91 billion, beating the consensus of $36.71 billion. Customer transactions for the quarter fell 8.2%. Comparable sales increased 2.2%, and comparable sales in the U.S. rose 1.7%. Gross profit rose 3.2% Y/Y to $13.1 billion. The operating margin was 15.2%,…

Benzinga

A Peek Into The Markets: US Stock Futures Higher Ahead Of Walmart Earnings

Pre-open movers

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HUYA Misses Q1 Revenue Amid Live Streaming Crackdown, COVID Resurgence

HUYA Inc (NYSE:HUYA) reported a first-quarter FY22 revenue decline of 5.4% year-on-year to $388.8 million, missing the consensus of $435.6 million. Segments: HUYA's Live streaming revenues declined by 10.1% Y/Y to $339.4 million due to lower average spending per paying user on Huya Live. HUYA's advertising and other revenues rose 47.2% Y/Y to $49.4…

Benzinga

On Holding Clocks 68% Sales Growth In Q1; Boosts FY22 Outlook

On Holding AG (NYSE:ONON) reported first-quarter FY22 sales growth of 67.9% year-on-year, to CHF 235.7 million, compared to CHF 140.4 million the previous year. Sales through the direct-to-consumer (DTC) channel increased 68.0% to CHF 83.4 million, and the wholesale channel grew 67.8% to CHF 152.3 million. The gross profit margin for the quarter…

Benzinga

Coming Soon: Order A Tesla Or Polestar For Your Uber Ride Across The World In These Cities

Uber Technologies Inc (NYSE: UBER) will soon let users in select cities across the world book a Tesla Inc (NASDAQ: TSLA) or a Polestar electric vehicle for their rides

Benzinga

Swiss Investment Firm Acquires 3,500+ U.S. Single-Family Homes For $1 Billion

The Swiss-based private equity firm Partners Group announced yesterday that it has acquired a $1 billion portfolio of single-family rental homes located across 17 states in the Sunbelt region.

Benzinga

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73 Biggest Movers From Yesterday

Gainers AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) shares jumped 65.9% to close at $2.77 on Monday after gaining around 10% on Friday.

Benzinga

Earnings Scheduled For May 17, 2022

Companies Reporting Before The Bell • On Holding (NYSE:ONON) is likely to report earnings for its first quarter.

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5 Stocks To Watch For May 17, 2022

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

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Spotify Tests Out NFT Previews For Artists

Music streaming platform Spotify Technology SA (NYSE: SPOT) is testing out a way for artists to display their NFTs on their artist pages.

Benzinga

Key Boeing China Customer Said To Have Scrapped Over 100 Jets From Delivery Plans

Key Boeing Co (NYSE: BA) customer China Southern Airlines Co has removed more than 100 of its 737 MAX jets from its fleet plans due to uncertainty over deliveries, Bloomberg News

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US Baby Formula Crisis Could See Some Relief As FDA, Abbott Agree On Deal

The baby formula shortage that has morphed into a crisis in the U.S. could soon see some relief following an agreement between market leader Abbott Laboratories (NYSE: ABT) and the Food and Drug Administration.

Benzinga

Elon Musk Getting 'Cold Feet' On Twitter Deal? Analyst Says Bots Issue An Excuse To Lower Price Or Walk Away

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is likely using the bots issue as a scapegoat to walk away from his $44 billion deal to buy Twitter Inc (NYSE:

Benzinga

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news in one place.

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Why Alibaba, Nio, Chinese Peers Are Shooting Up In Hong Kong Today

Shares of U.S.-listed Chinese firms traded higher in Hong Kong on Tuesday morning, with electric vehicle makers leading gains, while tech majors such as Alibaba Group Holding Ltd (NYSE: BABA) and JD.com Inc (NASDAQ:

Benzinga

Natural Gas Services Gr: Q1 Earnings Insights

Natural Gas Services Gr (NYSE:NGS) reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

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Analyst Ratings for NIO

Analysts have provided the following ratings for NIO (NYSE:NIO) within the last quarter:

Benzinga

Where Walmart Stands With Analysts

Analysts have provided the following ratings for Walmart (NYSE:WMT) within the last quarter:

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news in one place.

100's of premium titles.
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Benzinga

Tencent Music Enter Gr: Q1 Earnings Insights

Tencent Music Enter Gr (NYSE:TME) reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga

Abbott Spent $5B On Stock Buybacks Instead Of Fixing Its Baby Formula Factory

The fear of not knowing where your child’s next meal comes from is something that no parent should face. But, because of a recall of Abbott Laboratories’ (NYSE: ABT) Similac and other popular baby formula brands, stores throughout the nation are limiting how much formula parents can buy.

Benzinga

Why Forge Global Stock Continues To Fall After Hours

Forge Global Holdings Inc (NYSE: FRGE) shares are trading lower in Monday's after-hours session after the company announced financial results.

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Analyst Ratings for Bath & Body Works

Within the last quarter, Bath & Body Works (NYSE:BBWI) has observed the following analyst ratings:

Benzinga

4 Analysts Have This to Say About Samsara

Analysts have provided the following ratings for Samsara (NYSE:IOT) within the last quarter:

Benzinga

Salesforce Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Salesforce. Looking at options history for Salesforce (NYSE:CRM) we detected 33 strange trades.

Benzinga

What 5 Analyst Ratings Have To Say About MYT Netherlands Parent

Over the past 3 months, 5 analysts have published their opinion on MYT Netherlands Parent (NYSE:MYTE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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