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The Latest Breaking News from NYSE

Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides To Lay off 20% Employees

Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Holdings Ltd (OTC:TCEHY) employees saw a job cut of 30%, the Print reports as per speculation on Weibo Corp (NASDAQ:WB). Internal speculation among employees was that Alibaba looked to lay off 30% of its employees while Tencent between 10% - 30% of its employees. Tencent started layoffs within small business…

Benzinga

GameStop Chairman Ryan Cohen Says Government Crackdowns On Short Sellers Would Be A Good Use Of Taxpayer Money

GameStop Corp. (NYSE: GME) chairman and Chewy Inc. (NYSE: CHWY) co-founder Ryan Cohen said that the government should crack down on hedge fund short sellers to make good

Benzinga

Pfizer-BioNTech Seek FDA Approval For Second COVID-19 Booster In Elderly Population

Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) filed an application with the

Benzinga

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A Peek Into The Markets: US Stock Futures Gain; All Eyes On Fed Decision

Pre-open movers

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Earnings Scheduled For March 16, 2022

Companies Reporting Before The Bell • Ideanomics (NASDAQ:IDEX) is likely to report quarterly loss at $0.05 per share on revenue of $33.20 million.

Benzinga

68 Biggest Movers From Yesterday

Gainers Sonim Technologies, Inc. (NASDAQ: SONM) shares jumped 103.3% to settle at $1.22 on Tuesday after the company announced its XP8 smartphone has integrated with the Walkie Talkie in Microsoft Teams.

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5 Stocks To Watch For March 16, 2022

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

Benzinga

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Volkswagen CEO Herbert Diess Says China's Nio And Xpeng Are 'Very Serious Competitors'

Volkswagen Group (OTC: VWAGY) considers China-based electric vehicle makers Nio Inc (NYSE: NIO) and Xpeng Inc (NYSE:

Benzinga

Are Twitter Downvotes The Most Exciting Thing Since The Original iPhone? Elon Musk Agrees

A new Twitter Inc (NYSE: TWTR) feature that will let users downvote tweets and replies has become a topic of high interest among the platform’s most influential users.

Benzinga

GM's Cadillac Lyriq EV Reportedly Draws Over 200K Expressions Of Interest: Here's When Orders Are Set To Open

General Motors Co (NYSE: GM)’s electric crossover Cadillac Lyriq has drawn 233,000 expressions of interest from buyers, Reuters

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Warren Buffett-Backed Chinese EV Maker Follows Tesla In Hiking Prices As Material Costs Pinch

Chinese electric vehicle maker BYD Co (OTC: BYDDY) has raised prices of its cars by up to $950, Reuters reported on Wedne

Benzinga

Cathie Wood Buys More Shares In This Chinese Rival Of Tesla Backed By Warren Buffett

Cathie Wood-led Ark Investment Management on Tuesday bought 11,143 shares in BYDCo (OTC: BYDDY), estimated to be worth $498,760 based on their last closing price, further raising its bets on the Chinese automaker that is quickly switching to making n

Benzinga

A Look At Hycroft Mining Option Alerts Following AMC Investment

AMC Entertainment Inc (NYSE: AMC) CEO Adam Aron announced Tuesday morning a $56-million investment in Hycroft Mi

Benzinga

11 Stocks To Watch For March Madness: AT&T, Sports Betting And Genius Sports

The 2022 NCAA Men’s Basketball Tournament kicks off March 15 with a series of play-in games to narrow down the field from 68 teams to 64 which will compete in a multi-week tournament to crown a champion. Here are some companies that could benefit from March Madness.

Benzinga

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Guaranteed Money: How Scott Hall Helped Revolutionize The Pro Wrestling Business

World Wrestling Entertainment, Inc. (NYSE: WWE) Hall of Famer Scott Hall passed away Monday following a series of heart attacks over the weekend.

Benzinga

Top News In Fintech And Beyond For March 16, 2022

👉 Top Things To Know In TradeFi

Benzinga

Tom Lee Says Energy Over Oil: Here Are 15 Stocks To Play The Idea

Tom Lee is a managing partner and head of research at Fundstrat Global Advisors. On CNBC’s "Fast Money," he continued his bullish bias Tuesday on energy stocks over oil stocks by comparing oil prices to household items by the barrel. Oil is still cheap and the burden is quite small comparatively,…

Benzinga

SentinelOne Stock Slips After Q4 Results, Beats Estimates, Guides Q1 And FY23 Revenue Above Consensus

SentinelOne Inc (NYSE: S) reported fourth-quarter revenue growth of 120% year-over-year to $65.5 million, beating the consensus of $60.68 million.

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Benzinga

This Is What Whales Are Betting On Carvana

Someone with a lot of money to spend has taken a bearish stance on Carvana (NYSE:CVNA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Where Autoliv Stands With Analysts

Within the last quarter, Autoliv (NYSE:ALV) has observed the following analyst ratings:

Benzinga

What 6 Analyst Ratings Have To Say About Anthem

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

Benzinga

Analyst Ratings For Delek US Hldgs

Over the past 3 months, 4 analysts have published their opinion on Delek US Hldgs (NYSE:DK) 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

Why Smartsheet Shares Are Sliding After Hours

Smartsheet Inc (NYSE: SMAR) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued weak earnings guidance.

Benzinga

Eli Lilly To Suspend Sale Of 'Non-Essential' Medicines To Russia

Eli Lilly And Co (NYSE: LLY) said it would continue to supply drugs to Russia for urgent medical conditions such as cancer and diabetes but will suspend sales of "non-essential medicines."

Benzinga

This Is What Whales Are Betting On Visa

Someone with a lot of money to spend has taken a bullish stance on Visa (NYSE:V). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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