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The Latest Breaking News from NYSE

Alibaba Affiliate Ant Financial Divests Entire Stake In 36KR Holdings

Jack Ma's Ant Group Co divested its entire stake in the tech news firm 36KR Holdings Inc (NASDAQ:KRKR), Bloomberg reports. The Alibaba Group Holding Ltd (NYSE:BABA) affiliate looked to comply with Chinese regulators by the move. Ant held an 18% stake in 36KR as of early 2021. Also Read: DiDi Had To Postpone Its IPO After Jack…

Benzinga

10 Biggest Price Target Changes For Tuesday

Wells Fargo cut the price target on Coupa Software Incorporated (NYSE: LPI) from $190 to $80. Laredo Petroleum shares fell 29.8% to $63.10 in pre-market trading.

Benzinga

Lyft, GrubHub Follow Uber, Boost Gig Driver Pay

Lyft Inc(NASDAQ:LYFT) admitted adding a temporary surcharge on its rides to help drivers deal with surging gas prices, CNBC reports. The Uber Technologies Inc(NYSE:UBER) competitor did not elaborate much on surcharge. Food-delivery marketplace GrubHub Inc (NASDAQ:GRUB) also boosted the pay for its gig drivers, Bloomberg reports. Related Content: Uber Adds Surcharge To Help Drivers Bear…

Benzinga

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Goldman Sachs Turns Bearish On This Food Processing Company

Goldman Sachs analyst Adam Samuelson downgraded Hormel Foods Corp (NYSE:HRL) to Sell from Neutral with a $44 price target, implying a 12.07% downside. Samuelson warned that the Russia-Ukraine conflict might become one of the most disruptive events across the food and agricultural supply chain. The analyst expects material fertilizer supply shocks across nutrients. Samuelson views…

Benzinga

Why Alibaba And Nio Are Seeing High Interest From Retail Investors Today

Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) and electric vehicle maker Nio Inc. (NYSE: NIO) are seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday.

Benzinga

China's Lockdown Of Tech Hubs To Hamper Amazon, Walmart's Online Delivery: Report

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

Benzinga

30 Stocks Moving in Tuesday's Pre-Market Session

Gainers

Benzinga

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CooTek (Cayman): Q4 Earnings Insights

CooTek (Cayman) (NYSE:CTK) reported its Q4 earnings results on Tuesday, March 15, 2022 at 02:04 AM. Here's what investors need to know about the announcement.

Benzinga

96 Biggest Movers From Yesterday

Gainers Volt Information Sciences, Inc. (NYSE: VOLT) shares surged 94.7% to close at $5.88 on Monday after the company announced it would be acquired for $6 per share.

Benzinga

Earnings Scheduled For March 15, 2022

Companies Reporting Before The Bell • IDEAYA Biosciences (NASDAQ:IDYA) is likely to report quarterly loss at $0.31 per share on revenue of $8.98 million.

Benzinga

Ford Turns To Europe For EV Expansion: To Launch 7 Models In 2 Years, Targets Selling Over 600,000 Units By 2026

Ford Motor Co (NYSE: F) on Monday revealed plans to launch seven new electric vehicle models in Europe by 2024 and achieve sales of 600,000 EV units a year by 2026.

Benzinga

Cathie Wood Raises Exposure In Tesla Chinese Rival Backed By Warren Buffett

Cathie Wood-led Ark Investment Management on Monday sharply raised its exposure in the Chinese automaker BYD Co (OTC: BYDDY) but stayed away from buying shares in her favorite electric vehicle stock Tesla

Benzinga

BZ Bites: MoneyLion Reports Record Quarter, One-Year Customer Growth Over 100%

MoneyLion Inc (NYSE: ML) announced fourth-quarter and full-year ended Dec. 31, 2021, financial results. As it stands, record quarter and full-year net revenue were up 146% and 115%, respectively, year over year. Additionally, total customer counts grew 129% year over year.

Benzinga

12 Information Technology Stocks Moving In Monday's After-Market Session

Gainers

Benzinga

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Benzinga

Check Out What Whales Are Doing With CAT

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

Archer Aviation Stock Gains Post Q4 Results

Archer Aviation Inc (NYSE:ACHR) reported a fourth-quarter net loss of $(43.3) million, a sequential decrease from $(176.7) million in 3Q21, driven primarily by a decrease in stock-based compensation of $83.9 million. Adjusted EBITDA loss expanded to $(32.4) million from $(28.3) million in Q3. Total operating expenses were $53.3 million for the quarter,…

Benzinga

Snap Whale Trades Spotted

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

Dogecoin Bulls And Bears Enter Fierce Battle After Elon Musk Hodls

Dogecoin (CRYPTO: DOGE) spiked almost 10% higher just after midnight on Sunday after Tesla, Inc (NASDAQ: TSLA) CEO Elon Musk said on Twitter Inc (NYSE:

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Benzinga

Looking At ZIM Integrated Shipping's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on ZIM Integrated Shipping (NYSE:ZIM). 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

WOLF Financial's March Madness Finance Tournament Kicks Off With $10,000 Prize

There’s nothing more valuable than a network. That’s according to Gav Blaxberg, the CEO at WOLF Financial, one of the premiere Twitter Inc (NYSE: WTR) Spaces hosts in the finance community.

Benzinga

Analysis: Why Can't Disney CEO Bob Chapek Be More Like His Predecessor Bob Iger?

It's difficult to think of another chief executive who has been the recipient of so much recent bad press in such a short period of time as the Walt Disney Co’s (NYSE: DIS) Bob Chapek.

Benzinga

What Are Whales Doing With Taiwan Semiconductor

Someone with a lot of money to spend has taken a bearish stance on Taiwan Semiconductor (NYSE:TSM). 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

Here's How Much $1000 Invested In Charles Schwab 20 Years Ago Would Be Worth Today

Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years by 2.78% on an annualized basis.

Benzinga

What Are Whales Doing With Johnson & Johnson

A whale with a lot of money to spend has taken a noticeably bullish stance on Johnson & Johnson. Looking at options history for Johnson & Johnson (NYSE:JNJ) we detected 21 strange trades.

Benzinga

Benzinga Asks: Will 'The Batman' Continue Box Office Success Or Are People Still Waiting For HBO Max?

The latest movie in the Batman franchise had a strong opening weekend, which could benefit AT&T Inc (NYSE: T) and movie theater stocks.

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