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The Latest Breaking News from NYSE

Why Vertical Aerospace Shares Are Jumping Today

Turkey's leading aviation conglomerate and owner of Freebird Airlines, Gözen Holding, committed to purchase or lease up to 50 VX4 eVTOL aircraft from international aircraft leasing company, Avolon. Gözen also had the option to purchase or lease up to 50 additional aircraft. In June 2021, Avolon ordered 500 VX4 eVTOL aircraft from Vertical…

Benzinga

AIG Files $20B IPO For Its Life Insurance & Asset Management Business

American International Group Inc (NYSE: AIG) has filed for an initial public offering of its life and asset management business, reportedly by far the largest to file for a US IPO this year publicly.

Benzinga

GM Keeps Up Production In China By Retaining Workers In Factory: Reuters

General Motors Company’s (NYSE:GM) joint venture in Shanghai, China, is continuing production amid lockdown by making workers sleep on factory floors, Reuters reported. The company has formed an arrangement in which workers sleep, live, and work in isolation from the rest of the world to prevent virus transmission. General Motors runs the facilities…

Benzinga

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Domino's Pizza China Operator Eyes Hong Kong Listing: CNBC

Domino’s Pizza Inc’s (NYSE:DPZ) store operator in China, DPC Dash, is planning to go public on the Hong Kong stock exchange, CNBC reported. Domino’s Pizza has a 15.7% stake in DPC as of the filing date through wholly-owned entities, the report added. Bank of America Securities is the sole sponsor of the listing, the…

Benzinga

Ginkgo Bioworks Shares Gain As Q4 Sales, FY22 Guidance Surpass Street Expectations

Ginkgo Bioworks Holdings Inc (NYSE: DNA) reported

Benzinga

FedEx Promotes Raj Subramaniam To Succeed Frederick Smith As CEO

FedEx Corp (NYSE:FDX) has promoted its President and Chief Operating Officer (COO), Raj Subramaniam, to Chief Executive Officer (CEO) and President, effective June 1, 2022. The company's Chairman and CEO, Frederick W. Smith, will become Executive Chairman, effective the same date. Subramaniam has been named President and CEO-elect of FedEx, effective immediately. Subramaniam,…

Benzinga

Why GameStop And AMC Are Seeing High Interest From Retail Investors Today

Videogame retailer GameStop Corp. (NYSE: GME) and movie theater chain AMC Entertainment Holdings Inc. (NYSE: AMC) are seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday.

Benzinga

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A Peek Into The Markets: US Stock Futures Higher Ahead Of Earnings, Fed Speakers

Pre-open movers

Benzinga

50 Biggest Movers From Yesterday

Gainers Hycroft Mining Holding Corporation (NASDAQ: HYMC) shares gained 81.3% to close at $2.32 on Monday. Last week, AMC Entertainment Holdings purchased a major stake in Hycroft Mining Holding.

Benzinga

Earnings Scheduled For March 29, 2022

Companies Reporting Before The Bell • 36KR Holdings (NASDAQ:KRKR) is projected to report quarterly loss at $0.02 per share on revenue of $15.62 million.

Benzinga

5 Stocks To Watch For March 29, 2022

Some of the stocks that may grab investor focus today are: Wall Street expects McCormick & Company, Incorporated (NYSE: MKC) to report quarterly earnings at $0.62 per share on revenue of $1.47 billion before the opening bell. McCormick shares gained 0.5% to $98.09 in after-hours trading.

Benzinga

Tesla, Nio Rival Xpeng Is Targeting 25% Gross Margin: Key Takeaways From Q4 Earnings Call

Xpeng Inc (NYSE: XPEV) co-founder and CEO He Xiaopeng said on Monday the electric vehicle maker is targeting a gross margin of 25% or more in the medium and long term.

Benzinga

Why This Analyst Is Bullish On Tesla, Nio Rival Xpeng

Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV) is an attractive entry point at current levels as factors such as competition and supply chain constraints have been priced in, according to brokerage firm US Tiger Securities Inc.

Benzinga

Tesla Rival Nio Gains Over 4%, Alibaba Up Nearly 2%: What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies rose in Hong Kong on Tuesday as the benchmark Hang Seng Index extended gains to a second straight session.

Benzinga

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3 Twilio Engineers Charged By SEC For Insider Trading During Early Pandemic: What You Should Know

The U.S. Securities and Exchange Commission is charging three Twilio Inc (NYSE: TWLO) software engineers with insider trading and alleging that several of their associates were also involved.

Benzinga

Tesla Bull Cathie Wood Increased Stake in This Warren Buffett-backed Chinese EV Maker On Monday

Tesla Inc (NASDAQ: TSLA) bull Cathie Wood-led Ark Investment Management on Monday further raised its exposure in BYD Co (OTC: B

Benzinga

12 Consumer Discretionary Stocks Moving In Monday's After-Market Session

Gainers

Benzinga

12 Industrials Stocks Moving In Monday's After-Market Session

Gainers Flux Power Holdings (NASDAQ:FLUX) shares moved upwards by 4.9% to $2.57 during Monday's after-market session. The market value of their outstanding shares is at $41.0 million.

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Benzinga

Lightning eMotors Stock Slides On Q4 Revenue Miss, Q1 Outlook Trailing Expectation

Lightning eMotors Inc (NYSE:ZEV) reported fourth-quarter revenue growth of 13% year-over-year to $4.2 million, missing the consensus of $5.25 million. EPS improved to $0.28 from $(0.42) in 4Q20, beating the consensus of $(0.19). Adjusted net loss stood at $(20.05) million, compared to $(6.89) million in 4Q20. The gross loss expanded to $(2.68)…

Benzinga

Return Of The Meme Markets? 11 Stocks Surging Today

It’s 2022, and the meme markets seem to be back in full force. The catalysts are plentiful, and retail investors seem primed for another 2021 ape-like run. Reddit’s WallStreetBets page has been on fire over the last week, with GameStop being mentioned 1,221 times on Monday.

Benzinga

Expert Ratings For M&T Bank

Analysts have provided the following ratings for M&T Bank (NYSE:MTB) within the last quarter:

Benzinga

Where NIO Stands With Analysts

NIO (NYSE:NIO) has observed the following analyst ratings within the last quarter:

Benzinga

Where PNC Financial Services Gr Stands With Analysts

Analysts have provided the following ratings for PNC Financial Services Gr (NYSE:PNC) within the last quarter:

Benzinga

What 5 Analyst Ratings Have To Say About Oscar Health

Within the last quarter, Oscar Health (NYSE:OSCR) has observed the following analyst ratings:

Benzinga

Here's How Much You Would Have Made Owning Mosaic Stock In The Last 20 Years

Mosaic (NYSE:MOS) has outperformed the market over the past 20 years by 1.16% on an annualized basis producing an average annual return of 8.4%. Currently, Mosaic has a market capitalization of $25.03 billion.

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