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The Latest Breaking News from NYSE

Sonic Automotive Acquires Sun Chevrolet In New York

Sonic Automotive Inc (NYSE:SAH) has acquired Sun Chevrolet in Chittenango, New York, for an undisclosed sum. Joe Caputo founded the dealership in 1979. Joe Caputo's son Todd Caputo remains with the company and has taken a leadership position with EchoPark Automotive and the company's delivery center model expansion. "The culture that Joe and…

Benzinga

UBS Warns Bitcoin Selloff May Be The Start Of A 'Crypto Winter', Says Fed Rate Hikes Will Lower Appeal Of Crypto

Analysts at investment banking giant UBS Group AG (NYSE: UBS) are warning that Bitcoin’s (CRYPTO: BTC) recent price slump could suggest the start of a “crypto winter.”

Benzinga

Why Alibaba Shares Are Sliding Today

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Tuesday morning following a report suggesting the U.S. is examining Alibaba's cloud unit for national security risks.

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12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session

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Atlas Pockets $5M Environmental Services Contract From ConocoPhillips

Atlas Technical Consultants Inc (NASDAQ:ATCX) has secured a $5 million contract to provide environmental services to ConocoPhillips (NYSE:COP). The contract is for a five-year term. Services under the contract include assessing and remediation of petroleum-oil impacted soil and groundwater associated with historical oilfield activity in the western region of the U.S. Price Action: ATCX shares closed…

Benzinga

EXCLUSIVE: Stoneridge, Valens Semiconductor Join Forces For Tractor-Trailer Safety Solutions

Valens Semiconductor Ltd (NYSE: VLN) and Stoneridge Inc (NYSE: SRI) have partnered to introduce a connectivity solution related to vision and safety systems in tractor trailers.

Benzinga

Shopify Partners With JD.com To Expand In China: Report

Shopify Inc (NYSE:SHOP) has partnered with e-commerce giant JD.com Inc (NASDAQ:JD) to help U.S. merchants sell their goods in China, CNBC reports. JD will open an "accelerated channel" for brands on Shopify to begin selling via its cross-border e-commerce site in China. The report added that JD would handle the price conversion and logistics…

Benzinga

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Goldman Sachs Group: Q4 Earnings Insights

Goldman Sachs Group (NYSE:GS) reported its Q4 earnings results on Tuesday, January 18, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

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Why Are Alibaba Shares Trading Lower Premarket?

The U.S. government is reviewing e-commerce giant Alibaba Group Holding Ltd's (NYSE:BABA) cloud business to determine whether it poses a risk to U.S. national security, Reuters reports. The U.S. focuses on how Alibaba stores U.S. clients' data, including personal information and intellectual property, and whether the Chinese government could gain access to it. …

Benzinga

Dogecoin To $1, Cardano Surge, Starbucks China Deal, Tesla Loses Out To Crypto Stock In ARKW, More Vegan Food Options: 5 Headlines You May Have Missed From This Weekend

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend.

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Oppenheimer Upgrades This Theme Park Company

Oppenheimer analyst Ian Zaffino upgraded Six Flags Entertainment Corp (NYSE:SIX) to Outperform from Perform with a $54 price target, implying a 32.78% upside. The analyst believes the company's newly-appointed CEO Selim Bassoul's strategy of "premiumization" is the right one. The company has been focused on attendance growth for too long and has neglected obvious pricing…

Benzinga

This Robot-Run ETF Retains Tesla As It Largest Holding In January, It Has Bowed Out Of Netflix And Initiated Position In This Chipmaker

The Qraft AI-Enhanced US Large Cap Momentum ETF (NYSE: AMOM), an exchange-traded fund driven by artificial intelligence, has acquired new stakes in Nvidia Corp. (NASDAQ: NVDA), Home Depot Inc. (NYSE:

Benzinga

PNC Financial Services: Q4 Earnings Insights

PNC Financial Services Group (NYSE:PNC) reported its Q4 earnings results on Tuesday, January 18, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

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Recap: Bank of New York Mellon Q4 Earnings

Bank of New York Mellon (NYSE:BK) reported its Q4 earnings results on Tuesday, January 18, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

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Silvergate Capital: Q4 Earnings Insights

Silvergate Capital (NYSE:SI) reported its Q4 earnings results on Tuesday, January 18, 2022 at 06:25 AM. Here's what investors need to know about the announcement.

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Recap: FB Financial Q4 Earnings

FB Financial (NYSE:FBK) reported its Q4 earnings results on Tuesday, January 18, 2022 at 04:15 PM. Here's what investors need to know about the announcement.

Benzinga

ADC Therapeutics, Mitsubishi Tanabe Ink Zynlonta Licensing Pact In Japan

ADC Therapeutics SA (NYSE: ADCT) has

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Truist Financial: Q4 Earnings Insights

Truist Financial (NYSE:TFC) reported its Q4 earnings results on Tuesday, January 18, 2022 at 05:45 AM. Here's what investors need to know about the announcement.

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10 Biggest Price Target Changes For Tuesday

Keybanc raised J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) price target from $210 to $225. J.B. Hunt shares fell 0.1% to $202.00 in pre-market trading.

Benzinga

Abbisko, Lilly Ink Licensing Pact For Cardiometabolic Diseases

Abbisko Therapeutics has entered into a worldwide collaboration and exclusive licensing agreement with Eli Lilly And Co (NYSE: LLY) for novel molecules against an

Benzinga

FDA Gives Back To Back Approval To Pfizer's & AbbVie's JAK Inhibitors For Atopic Dermatitis

Along with AbbVie Inc's (NYSE: ABBV)

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23 Stocks Moving in Tuesday's Pre-Market Session

Gainers

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BEST Receives Non-Compliance Notice From NYSE

BEST Inc (NYSE:BEST) received a not in compliance letter with the applicable price criteria from the New York Stock Exchange, dated January 5, 2022. The company's American Depositary Shares average closing price as of January 4, 2022, was less than US$1.00 per ADS over a consecutive 30 trading-day period. BEST has six months…

Benzinga

BMO Capital Upgrades Under Armour To Outperform

BMO Capital analyst Simeon Siegel upgraded Under Armour Inc (NYSE:UAA) to Outperform from Market Perform with a price target of $25, up from $23, implying a 32.56% upside. Simeon believes the recent selloff discounts Under Armour's pandemic transformation by re-focusing on profits over growth for growth's sake. With recent industry updates and "increasingly challenging compares"…

Benzinga

A Peek Into The Markets: US Stock Futures Down Ahead Of Goldman Sachs Earnings

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