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The Latest Breaking News from NYSE

Geely Acquires Major Stake in Smartphone Maker Which Has Alibaba Connection

Billionaire Li Shufu controlled satellite-to-automobile group Geely Automobile Holdings Ltd (OTC:GELYY), purchased a majority stake in Chinese smartphone maker Meizu Technology Co, the Caixin Global reports. Geely's Hubei Xingji Shidai Technology Co division bought a 79% stake in Meizu from Meizu's founder and a unit of Alibaba Group Holding Limited (NYSE:BABA). The financial terms of…

Benzinga

Australia's ResApp Takeover Bid Undervalued - Read What Pfizer Did

Following an independent expert report suggesting that Australia-based ResApp Health Limited's current share price was undervalued, Pfizer Inc (NYSE: PFE) bolstered its takeover bid.

Benzinga

ScottsMiracle-Gro Appoints Ex Nevada Governor Brian Sandoval To Its Board Of Directors

The Scotts Miracle-Gro Company (NYSE: SMG) appointed Brian Sandoval to its board of directors.

Benzinga

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Morning Brief: Top Financial Stories Dominating on Tuesday, June 14

CNBC

Benzinga

10 Biggest Price Target Changes For Tuesday

Piper Sandler reduced Braze, Inc. (NASDAQ: BRZE) price target from $65 to $42. Tesla shares rose 5.8% to $31.10 in pre-market trading.

Benzinga

ResMed Strengthens Its Out-Of-Hospital Software Solutions Position With Latest Acquisition - Read How

ResMed Inc (NYSE:RMD) has agreed to acquire privately-held MEDIFOX DAN, a Germany-based provider of out-of-hospital software solutions, from Hg, a software and services investor. MEDIFOX DAN's clinical, financial, and operational solutions are similar to ResMed's U.S. SaaS brands, MatrixCare and Brightree. MEDIFOX DAN's German customer base is complementary to the customers of ResMed's U.S.-based…

Benzinga

Warren Buffett-Backed EV Maker Ranked Amongst Top 3 Automakers in China Beating Tesla, Nio, Xpeng

Warren Buffett's Berkshire Hathaway (NYSE: BRK-B) -backed Chinese EV maker BYD Co, Ltd's (OTC: BYDDY) sales more than doubled in May, making it one of the top three automakers in China,

Benzinga

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Executives Buy Over $15M Of 3 Stocks

Although the Dow Jones dropped around 875 points on Monday, there were a few notable insider trades.

Benzinga

This Alibaba Competitor Undertakes Aggressive Job Cuts Across Multiple Southeast Asian Markets

Sea Limited's (NYSE:SE) e-commerce arm Shopee laid off staff across multiple markets, DealStreetAsia reports. The layoffs to rationalize its e-commerce business encompassed several Southeast Asian markets, including Indonesia, Thailand, and Vietnam. Shopee's payments arm ShopeePay and food delivery business ShopeeFood also faced cuts. The competitor of the Alibaba Group Holding Limited (NYSE:BABA) hosted a general…

Benzinga

20 Stocks Moving in Tuesday's Pre-Market Session

Gainers Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) rose 48.5% to $2.57 in pre-market trading after the company reached an agreement with Phillip Morris for international electronic nicotine delivery system product distribution.

Benzinga

Tencent Buys $264M Stake In Walmart's Indian Unit

Chinese tech conglomerate Tencent Holdings Ltd. (OTC: TCEHY) has bought a $264 million stake in Walmart Inc (NYSE: WMT)-owned Indian e-commerce firm Flipkart, Press Trust of India

Benzinga

A Peek Into The Markets: US Stock Futures Higher Following Monday's Sell-Off; Fed Meeting In Focus

Pre-open movers

Benzinga

What Is Juneteenth and how did it become a US holiday?

Juneteenth is a celebration of Black history and freedom whose celebration for years went relatively unnoticed by White Americans. It rose in prominence following 2020’s sweeping protests against racial injustice, when dozens of corporations moved to give their employees the day off. In 2021, Congress designated it a federal holiday.…

Tribune News Service

93 Biggest Movers From Yesterday

Gainers Day One Biopharmaceuticals, Inc. (NASDAQ: DAWN) shares surged 126% to close at $14.96 on Monday after the company announced initial data from the pivotal FIREFLY-1 trial of tovorafenib in relapsed pediatric low-grade glioma showed an overall response rate of 64%.

Benzinga

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5 Stocks To Watch For June 14, 2022

Some of the stocks that may grab investor focus today are:

Benzinga

Alibaba, Nio, Most Chinese Peers Continue To Slide In Hong Kong Today

Shares of major U.S.-listed Chinese companies mostly traded lower again in Hong Kong on Tuesday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ:

Benzinga

Elon Musk's First All-Hands Twitter Meet To Happen On Thursday: Report

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk will have his first all-hands meeting with Twitter Inc (NYSE: TWTR) employees on Thursday, The Wall Street

Benzinga

Disney-Pixar's 'Lightyear' Unlikely To Release In China, Dozen Other Countries Over LGBTQ Depiction

Walt Disney Co's Pixar Studios (NYSE: DIS) is reportedly facing an uphill battle to release its latest animated offering, “Lightyear,” in 14 countries, including China.

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Benzinga

BREAKING: Fire Breaks Out At Somerset Collection Mall in Troy, Michigan

A fire broke out at Somerset Collection Mall in Troy, Michigan Monday afternoon. The fire's cause is unknown yet, and firefighters are currently responding to the scene.

Benzinga

If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,500 Today

Humana (NYSE:HUM) has outperformed the market over the past 20 years by 10.8% on an annualized basis producing an average annual return of 17.56%. Currently, Humana has a market capitalization of $53.98 billion.

Benzinga

Here's Why Large Shareholder Ark Invest Is Bullish On Potential Roku And Netflix Merger

Shares of streaming platform company Roku Inc (NASDAQ: ROKU) hit one month highs last week on the heels of a Business Insider report suggesting the company was an acquisition target by streaming giant Netflix Inc (NASDAQ: N

Benzinga

Zedge Shares Plunge Post Q3 Performance: Read Why Management Is Cautiously Optimistic

Zedge Inc (NYSE:ZDGE) reported third-quarter revenue growth of 18.6% year-over-year to $6.2 million, above the consensus of $5.4 million. Subscription revenue increased 1.2% Y/Y, and active subscriptions decreased 5.3% Y/Y to 713K. EPS was $0.05, missing the consensus of $0.07. The operating income declined 32.2% Y/Y to $1.3 million, and the margin…

Benzinga

After-Hours Action: Why Oracle Stock Is Surging

Oracle Corp (NYSE: ORCL) shares are trading higher in Monday's after-hours session after the company announced better-than-expected financial results.

Benzinga

Here's How Much $100 Invested In Hess 20 Years Ago Would Be Worth Today

Hess (NYSE:HES) has outperformed the market over the past 20 years by 1.11% on an annualized basis producing an average annual return of 7.87%. Currently, Hess has a market capitalization of $37.63 billion.

Benzinga

7 Stocks Moved By Traders on 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

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