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The Latest Breaking News from NYSE

Shopify Continues To Tank After Earnings: Here's What To Look For Now

Shopify Inc. (NYSE: SHOP) shares are trading lower, continuing to fall after reporting worse-than-expected financial results Wednesday morning.

Benzinga

Kyndryl, Nokia Collaborate: All You Need To Know

Kyndryl Holdings Inc (NYSE:KD) and Nokia Oyj (NYSE:NOK) forged a global network and edge computing partnership. They look to help enterprise customers accelerate their digital transformations with industrial-grade reliable and secure LTE and 5G private wireless networking. The partnership builds on a successful private wireless connectivity project combining Nokia Digital Automation Cloud (DAC) application platform…

Benzinga

US Adds Messaging Platforms Of Alibaba, Tencent To Its Counterfeit List

The U.S. added Alibaba Group Holding Ltd's (NYSE:BABA) AliExpress and Tencent Holdings Ltd's (OTC:TCEHY) WeChat messaging platforms to its list of notorious markets for counterfeiting and piracy Bloomberg reports. The messaging platforms were "two significant China-based online markets that reportedly facilitate substantial trademark counterfeiting," the Office of the U.S. Trade Representative said. WeChat and Weixin,…

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Here's Why Shopify Shares Hit 52-Week Low Today

Analysts slashed their price targets on Shopify Inc (NYSE: SHOP)

Benzinga

Read How Analysts Reacted To Generac's Q4 Results

Analysts updated the price target for Generac Holdings Inc. (NYSE:GNRC) post Q4 results. Canaccord analyst Jed Dorsheimer lowered the price target to $556 from $575 and maintained a Buy rating on the shares. The analyst believes margin pressures from the supply chain, logistics, and inflation will peak in 1Q22 and subsequently succumb to the power…

Benzinga

How Have Cathie Wood's Top 10 Investments Performed In The Last 6 Months?

Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains. The ARK Innovation ETF (NYSE: ARKK) grew more than 152% in 2020, beating the Nasdaq's 43.6% return.

Benzinga

How Many Reservations Does Fisker Have Ahead Of 2022 Ocean EV Launch?

Fisker Inc (NYSE: FSR) generated revenue of $41,000 in the fourth quarter on the back of merchandise sales, but investors remain focused on reservations and production timelines.

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Have You Ever Wanted To Live Inside A Disney Park Or Fairytale? New Real Estate Development Could Make That A Reality

Walt Disney Co (NYSE: DIS) has its eyes set on real estate as another area of growth for the company in the future.

Benzinga

Why Walmart Shares Are Trading Higher Today

Walmart Inc (NYSE: WMT) is trading higher Thursday after the company reported better-than-expected fiscal fourth-quarter financial results, issued guidance and updated its buyback plans.

Benzinga

BofA Downgrades Core & Main On What Near-Term Headwinds?

Core & Main Inc (NYSE: CNM) is likely to be impacted by a minimal increase in spending in 2022 with delays in project starts, according to BofA Securities.

Benzinga

Here's Why Citi Remains Bullish On Disney Despite Slashing Price Target By 5%

Citi analyst Jason Bazinet lowered the firm's price target on The Walt Disney Co (NYSE:DIS) to $200 from $210 and reiterated a Buy rating on the shares. The price target implies an upside of 30%. Related Content: Here's Why Barron's Is Bullish On Disney Post Q1 The company posted strong fiscal Q1 results driven by better than expected…

Benzinga

AT&T Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on AT&T (NYSE:T). 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

What Are Whales Doing With Target

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

Mid-Afternoon Market Update: US Stocks Extend Losses; Nasdaq Tumbles Over 300 Points

US stocks extended losses toward the end of trading, with the Nasdaq dropping more than 300 points on Thursday.

Benzinga

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Benzinga

DoorDash Unveils Express Grocery Delivery Service With Albertsons Companies

DoorDash Inc (NYSE:DASH) has partnered with Albertsons Companies Inc (NYSE:ACI) to launch an express grocery delivery service. Consumers in more than 20 major cities across the U.S. will now be able to access express grocery delivery from their local Albertsons Cos. banner stores in 30 minutes or less via the DoorDash marketplace. Related: Why DoorDash Shares…

Benzinga

Why Carl Icahn Is Ready For Proxy Fight Over How McDonald's Sources Pork

Activist investor Carl Icahn is taking on McDonald’s Corp. (NYSE: MCD) over their sourcing of pork, claiming he's willing to launch a proxy fight against the fast-food giant over the way its vendors are housing pregnant pregnant pigs in too-small crates.

Benzinga

Here's How Much $1000 Invested In Deere 10 Years Ago Would Be Worth Today

Deere (NYSE:DE) has outperformed the market over the past 10 years by 3.95% on an annualized basis.

Benzinga

Here's How Much $100 Invested In Generac Hldgs 5 Years Ago Would Be Worth Today

Generac Hldgs (NYSE:GNRC) has outperformed the market over the past 5 years by 37.28% on an annualized basis.

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Benzinga

Expert Ratings For Altice USA

Over the past 3 months, 8 analysts have published their opinion on Altice USA (NYSE:ATUS) 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

What 4 Analyst Ratings Have To Say About Hilton Worldwide Holdings

Analysts have provided the following ratings for Hilton Worldwide Holdings (NYSE:HLT) within the last quarter:

Benzinga

Where Roblox Stands With Analysts

Analysts have provided the following ratings for Roblox (NYSE:RBLX) within the last quarter:

Benzinga

Wells Fargo Bumps Up Owens Corning Price Target By 7%

Wells Fargo analyst Deepa Raghavan raised the price target on Owens Corning (NYSE:OC) to $105 (an upside of 7.6%) from $98 and maintained an Equal Weight rating on the shares. The analyst believes stock reaction is well deserved. Raghavan says that the shares' outperformance is likely reflective of strong outlooks, in keeping with recent themes…

Benzinga

Brunswick Hikes Dividend By 9%

Brunswick Corp (NYSE:BC) board has approved a 9% increase in the quarterly dividend to $0.365 per share. The move marks the tenth consecutive year of dividend increases. The dividend will be payable on March 15, 2022, to shareholders of record at the close of business on February 23, 2022. Related: Brunswick Q4 Earnings…

Benzinga

Marathon Oil Continues To Power Higher After Breaking Out: What's Next?

Marathon Oil Corp. (NYSE: MRO) shares are trading higher Thursday after the company reported better-than-expected Q4 EPS results. The company reported earnings of 77 cents per share, beating the estimate by 22 cents. Sales came in at $1.80 billion, beating the $1.55 billion estimate.

Benzinga

South Africa Authorizes Merck's COVID-19 Antiviral Pill, But Government Not Buying: Reuters

South Africa's government said it was not planning to buy Merck & Co Inc's (NYSE: MRK) COVID-19 treatment pill molnupiravir for cost reasons, despite the drug gaining approval in the country.

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