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The Latest Breaking News from NYSE

CarMax Inc (NYSE: KMX) shares are trading lower Tuesday morning after the company reported worse-than-expected earnings results.

Benzinga

Thinking About Buying Stock Or Options In Wells Fargo, Taiwan Semiconductor Manufacturing Or Rite Aid?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers, and following industry trends.

Benzinga

What 5 Analyst Ratings Have To Say About PulteGroup

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

Benzinga

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Where Domino's Pizza Stands With Analysts

Over the past 3 months, 12 analysts have published their opinion on Domino's Pizza (NYSE:DPZ) 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.

Benzinga

Is Charlie Munger's Patience Wearing Off? Daily Journal Cuts Alibaba Holdings By Half In Q1

Alibaba Group Holdings, Inc.

Benzinga

EV Maker Fisker Chooses Hyderabad As India Headquarters

Electric Vehicle producer Fisker Inc (NYSE:FSR) has established its India headquarters in the southern city of Hyderabad. The company has started local hiring, and the new team is expected to be operational within weeks. Fisker Vigyan India Pvt Ltd, the company's operating entity, will focus on software development and embedded electronics, virtual vehicle development…

Benzinga

CNBC's Final Trades: Raytheon Technologies, CNX Resources, Cash And This Defensive Play

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management recommended to “stay defensive.” She named JPMorgan Equity Premium Income ETF (NYSE:

Benzinga

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Morning Brief: Top Stories Dominating Financial Media on Tuesday, April 12

CNBC Entrepreneur Behind Microsoft’s Wunderlist Raised $11M - Read Why

Benzinga

Buffett Resisted Goldman Fee for $11.6B Alleghany Acquisition: Reuters

According to a recent regulatory filing, Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc's (NYSE: BRK-B) $11.6 billion takeover of Alleghany Corporation (NYSE:Y), the insurer's largest acquisition in six years, despite his refusal to pay the insurer's banking charge, reports Reuters. Alleghany's Chief Executive Officer Joseph Brandon met with Buffett for dinner…

Benzinga

A Peek Into The Markets: US Stock Futures Down Ahead Of March Inflation Report

Pre-open movers U.S. stock futures traded lower in early premarket trade after the Nasdaq Composite index closed at 13,411.96, a dip of almost 300 points. Investors are awaiting the annual inflation number for March, which is forecasted at 8.4%, a steep rise from 7.9% in February.

Benzinga

San Francisco Cops Pulled Over A Driverless GM Cruise — What Happened Next Left Onlookers In Splits

General Motors Co (NYSE: GM)-owned, self-driving taxi service Cruise’s unusual pit stop on a San Francisco street last week left onlookers in splits.

Benzinga

Honda Motor Earmarks $64B Over 10 Years On EV Push, Firing Up Rivalry With Tesla

Honda Motor Co Ltd (NYSE:HMC) looks to spend ¥8 trillion ($64 billion) on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030. Honda's goals include producing 2 million EVs a year by 2030 to gain a share in the fast-growing…

Benzinga

Bosch Halts Production At Two China Plants: Reuters

German auto parts supplier Bosch has halted production in the Chinese cities of Shanghai and Changchun following COVID-19 curbs, Reuters reported. Bosch has closed shutters at a Thermotechnology factory in Shanghai and an automotive components site in Changchun in northeastern Jilin province. The report noted two other plants in Shanghai and Taicang city…

Benzinga

Toyota To Launch Its New Electric SUV On May 12 In Japan

Toyota Motor Corp (NYSE:TM) plans to launch its new electric sports utility vehicle (SUV), bZ4X BEV, on May 12 in Japan. The battery-electric vehicle (BEV) dedicated platform is a first for Toyota. It aims to offer power efficiency (128Wh/km), a cruising range for practical driving of 559 km, and a battery retention ratio…

Benzinga

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Read Why KeyBanc Is Cautious On Chegg

KeyBanc analyst Jason Celino downgraded Chegg Inc (NYSE:CHGG) to Sector Weight from Overweight. Celino said he observed a downtick in growth trends in the company’s credit/debit transactions. Though international prospects seem bright, powered by localization catalysts, Celino believes that consistent growth in the U.S. is needed to warrant further multiple re-rating at current levels.…

Benzinga

This Bank Could Make Big Gains After Earnings

Shares of Goldman Sachs Group Inc (NYSE: GS) are down nearly 19% year to date. The bank is scheduled to report its first-quarter earnings on Thursday.

Benzinga

Tesla Rival Xpeng Puts Up Special P7 Edition For Sale: Here's What You Need To Know

U.S.

Benzinga

Nokia Exits Russia Amid Ukraine Invasion: What You Need To Know

The telecom equipment giant Nokia Corporation (NYSE: NOK) is the latest one to join the slew of companies pulling out of the Russian market amid the country's invasion of Ukraine.

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Benzinga

Why Tesla Rivals Nio, Xpeng Are Going Higher In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc. (NYSE: NIO) and Xpeng Inc.

Benzinga

Cathie Wood Trims Twitter Stake By $8.7M As Elon Musk Declines Board Seat

Cathie Wood’s Ark Investment Management on Monday lowered its exposure to Twitter Inc (NYSE: TWTR), a day after billionaire entrepreneur and Tesla Inc (NASDAQ: TSL

Benzinga

Is It A Good Time To Average Down Energy Stocks? 10 Trade Ideas

Oil prices have dipped below $100 for the first time since mid-March, causing stocks associated with the sector to fall. Brent crude oil fell 4.36% to $98.30, while WTI (West Texas Intermediary) fell 4.22% to $94.11. Crude prices have been on an unprecedented rally since February, when Russia invaded Ukraine, pushing…

Benzinga

EXCLUSIVE: Hyliion CEO Talks Accelerated EV Transition, What's Ahead For The Hypertruck

Hyliion Holdings Corp (NYSE: HYLN) entered the electric vehicle space with a hybrid product approach in order to help ease the transition from diesel to electric vehicles.

Benzinga

These Are The Most Popular Streaming Apps For Millennials (And No, Netflix Isn't No. 1)

A new list shows the most popular streaming apps for users in the U.S. based on their age. Among the highlights are that several of the top streaming apps are not the ones users would guess top the list.

Benzinga

Here's Why UBS Is Cautious On Microsoft, Alibaba

UBS painted a cautious picture of Microsoft Corp (NASDAQ: MSFT) and Alibaba Group Holding Ltd (NYSE: BABA).

Benzinga

Fortnite Maker Clocks $32B Valuation After Raising Funds From Sony, Lego

Fortnite maker Epic Games raised $2 billion from Sony Group Corp (NYSE:SONY) and the family-owned holding company behind the Lego Group, reaching a valuation of $31.5 billion, Reuters reports. Sony, an existing investor, and the Kirkbi investment company invested $1 billion to help Epic accomplish its metaverse ambitions. Epic Games essentially lost a trial in…

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