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The Latest Breaking News from NYSE

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

Benzinga

GameStop Extends Rally After-Hours: Is News Of Ryan Cohen Boosting Stake Responsible?

Shares of GameStop Corp. (NYSE: GME) surged more than 16% in Tuesday’s extended trading after chairman Ryan Cohen raised his stake in the videogame retailer.

Benzinga

AMC CEO Adam Aron Highlights Movie Lineup To Keep Summer Revenues Sizzling

AMC Entertainment Holdings Inc. (NYSE: AMC) CEO Adam Aron on Tuesday highlighted the forthcoming movie releases for March and April, as the movie theater chain continues to see an improvement in foot traffic.

Benzinga

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This Tesla, Nio Rival Is The Latest EV Maker To Hike Prices As Material Costs Bite

Li Auto Inc (NASDAQ: LI) on Wednesday became the latest electric vehicle maker to increase prices due to a significant increase in upstream raw materials, CnEVpost reported, citing the company.

Benzinga

Meme Stocks Are Running Up In After-Hours Trading As GameStop, Koss Continue Surge

The so-called meme stocks are at it again, with shares in several companies rising sharply higher in after-hours trading.

Benzinga

Top News In Fintech And Beyond For March 23, 2022

👉 Top Things To Know In TradeFi

Benzinga

Berkshire Hathaway Shares Cross $500K: Here's How Much Money You Could've Made With An Investment When The Stock Hit $100K

Berkshire Hathaway Inc. Class A (NYSE: BRK-A) shares are the most expensive stock in the world and recently broke the $500,000 level for the first time. The stock gained another 0.31% in Tuesday's session — that's $1,620.91 — to close at $525,854.

Benzinga

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Carl Icahn On The Fallout Of Corporate America: 'There Very Well Could Be A Recession Or Worse'

The markets on Tuesday continued to build on the recovery staged last week, but longtime activist investor Carl Icahn isn't buying the action. "I think there very well could be a recession or even worse," Icahn said Tuesday on CNBC's "Closing Bell: Overtime."

Benzinga

Worthington Industries Stock Plunges On Q3 Results, Weak Margins

Worthington Industries, Inc. (NYSE:WOR) reported third-quarter FY22 net sales growth of 81.6% year-over-year to $1.38 billion, beating the consensus of $1.29 billion. The increase was driven by higher average selling prices across all businesses and contributions from the acquisitions. Adjusted EPS of $1.13, missing the consensus of $1.37. The gross margin contracted…

Benzinga

Why Archaea Energy Shares Are Falling After Hours

Archaea Energy Inc (NYSE: LFG) shares are trading lower in Tuesday's after-hours session after the company announced a secondary offering.

Benzinga

Etsy, Moderna Lead The S&P 500 Higher

U.S. indices finished higher Tuesday amid strength in Nike Inc (NYSE: NKE) following third-quarter earnings. Investors also weighed Monday comments from Fed chair Powell suggesting the Fed would take necessary steps to curb inflation.

Benzinga

Analyzing American Homes 4 Renthares of Beneficial's Short Interest

American Homes 4 Renthares of Beneficial's (NYSE:AMH) short percent of float has fallen 3.77% since its last report. The company recently reported that it has 13.08 million shares sold short, which is 4.34% of all regular shares that are available for trading.

Benzinga

Analyzing L3harris Technologies Inc's Short Interest

L3harris Technologies Inc's (NYSE:LHX) short percent of float has risen 20.18% since its last report. The company recently reported that it has 2.57 million shares sold short, which is 1.31% of all regular shares that are available for trading.

Benzinga

Chevron Whale Trades For March 22

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

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Benzinga

'West Side Story' Star Rachel Zegler Get Invited To The Oscars...As A Presenter, No Less!

There is a Hollywood happy ending for Rachel Zegler, the 20-year-old star of the Walt Disney Co.’s (NYSE: DIS) “West Side Story” who was not given a ticket to Sunday’s Academy Awards ceremony even though her film is up for seven Oscars including Best Picture.

Benzinga

Rhode Island Announces $107M Opioid Settlements With Teva, Allergan: Reuters

Rhode Island's attorney general announced settlements worth $107 million against Teva Pharmaceutical Industries Ltd (NYSE: TEVA) and AbbVie Inc's (NYSE: ABBV) Allergan unit to resolve claims over

Benzinga

Guggenheim Is Bullish On ESS Tech, Sees Significant Upside

ESS Tech Inc (NYSE:GWH) coverage has been initiated with a Buy rating and a price target of $10 (implying an upside of 82.5%) by Guggenheim analyst Joseph Osha. The analyst cites ESS as one of a large group of companies over the past two decades aiming to make flow batteries work commercially. Osha views ESS…

Benzinga

Kroger Partners With NVIDIA For AI Services

Kroger Co (NYSE:KR) has entered into a strategic collaboration with NVIDIA Corp (NASDAQ:NVDA) for Artificial Intelligence-enabled applications and services. The parties will build a state-of-art AI lab and demonstration center to expand Kroger's freshness initiatives and improve shipping logistics. The lab will be located in Kroger's Cincinnati-based headquarters office. It will use NVIDIA AI Enterprise software…

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Benzinga

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

HireRight Holdings (NYSE:HRT) has outperformed the market over the past 10 years by 2.84% on an annualized basis producing an average annual return of 15.09%. Currently, HireRight Holdings has a market capitalization of $1.20 billion.

Benzinga

PreMarket Prep Stock Of The Day: Nike

It has been a mixed earnings season for retailers with some big beats and some big misses. One issue that came out with a beat is Nike Inc. (NYSE: NKE) and its price action makes it the PreMarket Prep Stock Of The Day.

Benzinga

What Are Whales Doing With Home Depot

A whale with a lot of money to spend has taken a noticeably bearish stance on Home Depot. Looking at options history for Home Depot (NYSE:HD) we detected 17 strange trades.

Benzinga

eVTOL Company Joby Submits Area-Specific Certification Plan To FAA

California-based eVTOL company Joby Aviation Inc (NYSE:JOBY) submitted its first area-specific certification plan to the Federal Aviation Administration (FAA), believed to be an industry first. The certification plan submitted focuses on cabin safety, comprising the integrity of materials, seats, and occupant restraints used in the aircraft's interior. "With more than two thirds of our…

Benzinga

BofA Sees 8% Upside In APi Group - Read Why

BofA analyst Andrew Obin initiated coverage on APi Group Corp (NYSE:APG) with a Neutral rating and a price target of $23 (an upside of 7.5%). The analyst notes a balanced risk/reward for APi Group at current share levels. Also read: APi Group Plans $250M Buyback Program. APi Group is a business services provider of safety and…

Benzinga

Pete Najarian Prefers These Bank Stocks, Buys Calls

The Financial Select Sector SPDR Fund (ARCA: XLF) was featured as the call of the day Tuesday on CNBC's "Fast Money Halftime Report."

Benzinga

Stifel Turns Bullish On Helios Technologies, Sees Notable Upside

Helios Technologies Inc (NYSE:HLIO) has been upgraded to Buy from Hold, and the price target raised to $95 (an upside of 16.7%) from $85 by Stifel analyst Nathan Jones. The analyst's meeting with the management left him confident in long-term growth, margin expansion, and strategic capital deployment opportunities. Jones mentions Helios has leveraged technology from…

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