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The Latest Breaking News from NYSE

Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies.

Benzinga · Mar 25, 2022

Elon Musk And Jack Dorsey Say This Needs To Change About Twitter Algorithm

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk expressed his concerns about Twitter Inc’s (NYSE: TWTR) algorithm on Thursday and asked his followers if it should be open source.

Benzinga · Mar 25, 2022

Ford 'Rebrands' And 'Repositions' Unit To 'Incubate' New Business Ideas Around Autonomous Vehicles, New Tech

Ford Motor Co (NYSE: F) has “rebranded and repositioned” a company unit to boost the development of autonomous vehicles and foster new technology businesses, Bloomberg News

Benzinga · Mar 25, 2022

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Nio Reports Q4 Beat, Hints At Reacceleration In Growth In 2022

Nio, Inc. (NYSE: NIO) announced Thursday fourth-quarter results that exceeded expectations, helped by volume growth and an expansion in vehicle margin. The company's first-quarter guidance suggested sequentially flat to slightly higher deliveries and below-consensus revenues.

Benzinga · Mar 24, 2022

Benzinga's After-Hours Movers & News

Benzinga’s “After-Hours Movers & News” highlights the biggest movers of the day. The information on the price action is collected using Benzinga Pro's Movers tool. Benzinga Pro users can cross reference the Movers tool with the Benzinga Pro News tool to identify potential news catalysts moving stocks.

Benzinga · Mar 24, 2022

Rocket Lab USA Shares Slide On Q1 Revenue Guidance Cut

Rocket Lab USA Inc (NASDAQ:RKLB) announced the launch window for its next Electron mission, a dedicated mission for Blacksky Technology Inc (NYSE:BKSY) through global launch services provider Spaceflight Inc., begins April 1, 2022, UTC. The delay in launch window opening is weather related and will result in this mission and…

Benzinga · Mar 24, 2022

Joby Aviation Stock Gains After Q4 Results

Joby Aviation Inc (NYSE:JOBY) reported fourth-quarter operating expenses of $77.19 million, an increase from $40.18 million in 4Q20. Net income improved to $5.05 million from a loss of $33.9 million a year ago. Joby’s cash used in operating activities totaled $195.75 million for FY21, compared to $105.9 million in FY20. Adjusted EBITDA…

Benzinga · Mar 24, 2022

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Nikola Beats Tesla To Electric Pickup Production: Here Are The Timelines For 4 Other Electric Truck Companies

Nikola Corp (NASDAQ: NKLA) on Wednesday announced that it has started production of its electric Tre semi truck via a slideshow presentation shared in an SEC filing, as reported on Benzinga Pro.

Benzinga · Mar 24, 2022

Should Twitter's Algo Be Open Sourced? Elon Musk Has Some Thoughts

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is stirring up conversations and controversy on Twitter Inc (NYSE: TWTR) again. This time it's about the social media platform itself.

Benzinga · Mar 24, 2022

Ford Motor Whale Trades For March 24

Someone with a lot of money to spend has taken a bullish stance on Ford Motor (NYSE:F). 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.

Benzinga · Mar 24, 2022

Looking Into Southwest Airlines Company's Recent Short Interest

Southwest Airlines Company's (NYSE:LUV) short percent of float has risen 3.92% since its last report. The company recently reported that it has 18.77 million shares sold short, which is 3.18% of all regular shares that are available for trading.

Benzinga · Mar 24, 2022

If You Invested $100 In Winnebago Industries 10 Years Ago, Here's How Much You Would Have Today

Winnebago Industries (NYSE:WGO) has outperformed the market over the past 10 years by 6.65% on an annualized basis producing an average annual return of 18.97%. Currently, Winnebago Industries has a market capitalization of $1.88 billion.

Benzinga · Mar 24, 2022

American Express Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on American Express. Looking at options history for American Express (NYSE:AXP) we detected 12 strange trades.

Benzinga · Mar 24, 2022

KBR Bags Contract From Midstream Company For US Petrochemicals Project

KBR, Inc. (NYSE:KBR) secured a contract from a midstream company for a world-scale olefins production facility to be built on the U.S. Gulf Coast. Financial terms were not disclosed. KBR will provide the license and engineering for the olefins production plant. "We are excited to support our client's vision for this ambitious petrochemical…

Benzinga · Mar 24, 2022

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Benzinga · Mar 24, 2022

Is Biden To Blame For High Gas Prices? Here's What Oil Execs Say

Gas prices recently hit all-time highs in the United States as pressures from the Russian invasion of Ukraine pushed the cost of oil higher.

Benzinga · Mar 24, 2022

Hall Of Fame Resort Inks Lease With Build-A-Bear Workshop

Hall Of Fame Resort & Entertainment Co (NASDAQ:HOFV) has signed a lease with Build-A-Bear Workshop Inc (NYSE:BBW) to open in the Fan Engagement Zone in summer 2022. Currently under construction, the Fan Engagement Zone at the Hall of Fame Village powered by Johnson Controls International PLC (NYSE:JCI) will be a sports and entertainment-themed, 82,000-square-foot promenade located within…

Benzinga · Mar 24, 2022

Alaska Air Unveils Long-Ferm Forecast, Fleet Transition Plan

Alaska Air Group Inc. (NYSE:ALK), the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc, provided updates on its long-term growth strategy. Alaska plans to grow an average of 4-8% per year through 2025, in part by investing in the depth of its network. The company plans to accelerate the…

Benzinga · Mar 24, 2022

Oshkosh Bags $2.9B Order From USPS For Next Generation Delivery Vehicles

The U.S. Postal Service (USPS) has placed an order of Next Generation Delivery Vehicles (NGDV) with Oshkosh Defense, a subsidiary of Oshkosh Corp (NYSE:OSK). The initial order is for 50,000 NGDVs and is valued at $2.98 billion. The first order will include a minimum of 10,019 BEVs. Oshkosh won the competitively awarded NGDV…

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news in one place.

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Benzinga · Mar 24, 2022

Roblox Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Roblox (NYSE:RBLX). 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.

Benzinga · Mar 24, 2022

Is The Recent Rally In GameStop Really A 'Classic Dead-Cat Bounce'?

Shares of GameStop Corp. (NYSE: GME) have rallied 46% in the past five days, giving meme stock investors renewed optimism a turnaround is just arou

Benzinga · Mar 24, 2022

Uber Analyst Says Business Is Booming In March, Despite Spike In Gas Prices

Shares of Uber Technologies Inc (NYSE: UBER) jumped 4.6% on Thursday after the company announced a new deal that will allow the app to list New York City taxis on its app for the first time.

Benzinga · Mar 24, 2022

Viad Agrees To Acquire Glacier Raft For Undisclosed Sum

Viad Corp (NYSE:VVI) has agreed to acquire the Glacier Raft Company and related lodging, land, and other assets. Deal terms were not disclosed. Glacier Raft provides guided river rafting trips operating in the heart of Pursuit's West Glacier, Montana operations. It also owns 13 log cabins, a lodge, and a wedding venue located…

Benzinga · Mar 24, 2022

Here's How Apple Looks To Reduce Carbon Footprint While Manufacturing iPhone SE

Apple Inc (NASDAQ:AAPL) looked to buy its first industrial-size batch of carbon-free aluminum for its low-cost iPhone SE to reduce its carbon footprint. The financial terms of the transaction remain undisclosed. Apple first bought a smaller batch of the lab-made metal in 2019 from Elysis. Elysis is a joint venture between two of…

Benzinga · Mar 24, 2022

Looking At Walmart's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on Walmart (NYSE:WMT). 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.

Benzinga · Mar 24, 2022

Here's Why WeWork Shares Are Rising

WeWork Inc (NYSE: WE) shares are trading higher by 10.4% at $7.04 after a Form4 filing from the company's CEO showed a purchase of 30,000 shares at $6.55 per share.

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