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The Latest Breaking News from NYSE

What's Going On With Alibaba Stock Today?

Alibaba Group Holding Ltd (NYSE: BABA) shares continue to trade higher Wednesday after China granted licenses to a second batch of video games, signaling a continued easing of the country’s regulatory crackdown on tech companies.

Benzinga

Target: 5 Analysts Cut Price Target After The Retailer Lowers Guidance

Target Corporation (NYSE: TGT) announced several initiatives on Tuesday to right-size its inventory, including order cancellations and slashing prices.

Benzinga

Why Jim Cramer Is Bullish On Uber Technologies Stock: 'This Is The Time To Start Accumulating'

Uber Technologies Inc (NYSE: UBER) was featured Wednesday during Jim Cramer's mad dash segment on CNBC's "Squawk On The Street."

Benzinga

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A Look Into Utilities Sector Value Stocks

What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Benzinga

Full Truck Alliance Shares Surge On Solid Q1 Earnings, Clocks 54% Revenue Growth

Full Truck Alliance Co Ltd (NYSE:YMM) reported first-quarter revenue of RMB1.33 billion ($210.2 million), up 53.7% year-over-year. Gross Transaction Value reached RMB53.6 billion ($8.5 billion), an increase of 4.2% Y/Y. YMM fulfilled orders for Q1 reached 25.2 million, an increase of 13.6% Y/Y. Average shipper MAUs were 1.42 million, an increase of 16%…

Benzinga

Brown Forman: Q4 Earnings Insights

Brown Forman Inc Class B Common Stock (NYSE:BF) reported its Q4 earnings results on Wednesday, June 8, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

Analyst Ratings for Altria Group

Altria Group (NYSE:MO) has observed the following analyst ratings within the last quarter:

Benzinga

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Benzinga's Top Ratings Upgrades, Downgrades For June 8, 2022

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Inspired By Alibaba, Tencent Goes Global As Regulatory Crackdown In China Continues To Bite

Tencent Holdings Ltd (OTC:TCEHY) looks to unleash its flagship mobile game "Honor of Kings" globally by the end of 2022, Reuters reports. Tencent will launch the international version under its Singapore-based brand Level Infinite, formed in 2021 to help games globally. "Honor of Kings," with over 95% of its users in China,…

Benzinga

Looking Into Desktop Metal, Inc. Class A Common Stock's Return On Capital Employed

According to Benzinga Pro data, during Q1, Desktop Metal, Inc. Class A Common Stock (NYSE:DM) posted sales of $43.71 million. Earnings were up 1.72%, but Desktop Metal, Inc. Class A Common Stock still reported an overall loss of $69.94 million.

Benzinga

Planet Fitness's Return on Invested Capital Insights

According to Benzinga Pro, during Q1, Planet Fitness (NYSE:PLNT) earned $18.38 million, a 192.43% increase from the preceding quarter. Planet Fitness also posted a total of $186.68 million in sales, a 1.65% increase since Q4.

Benzinga

How AOL And AIM Paved The Way For Apple, iMessage, Twitter And Facebook

Before every cell phone had text messaging and social media platforms like Facebook and Twitter Inc. (NYSE: TWTR) existed, there was AOL Instant Messager, better known as AIM.

Benzinga

Short Volatility Alert: Western Alliance Bancorporation

On Tuesday, shares of Western Alliance Bancorporation (NYSE: WAL) experienced volatile short activity. After the activity, the stock price went up +2.36% to $83.18. The overall sentiment for WAL has been Bearish.

Benzinga

Short Volatility Alert: China Petroleum & Chemical Corporation

On Tuesday, shares of China Petroleum & Chemical Corporation (NYSE: SNP) experienced volatile short activity. After the activity, the stock price went down -0.42% to $54.02. The overall sentiment for SNP has been Bullish.

Benzinga

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Benzinga

Microsoft Goes Aggressive In Its Protest Against Russia's Ukraine Invasion - Read How

In an email accessed by Bloomberg, Microsoft Corp (NASDAQ:MSFT) disclosed materially scaling down its operations in Russia following the Russian invasion of Ukraine. Microsoft joined the likes of International Business Machines Corp (NYSE:IBM) and Apple Inc (NASDAQ:AAPL), cutting back or exiting the country after the invasion. The scaling down will affect over 400 employees. “As a result…

Benzinga

Russia Imposes New Sanctions That Include Netflix, BlackRock, Delta Air Lines Chiefs

Russia retaliated against U.S. sanctions by imposing its own on multiple prominent American CEOs, including BlackRock, Inc (NYSE:BLK), Delta Air Lines, Inc (NYSE:DAL), Netflix, Inc (NASDAQ:NFLX), and Comcast Corp (NASDAQ:CMCSA) Universal Pictures, the Wall Street Journal reports. The sanction included U.S. administration officials and former heads of other large U.S. corporations, and executives at rating firms operated by S&P Global…

Benzinga

Analyst Ratings for Dutch Bros

Analysts have provided the following ratings for Dutch Bros (NYSE:BROS) within the last quarter:

Benzinga

Where D.R. Horton Stands With Analysts

Within the last quarter, D.R. Horton (NYSE:DHI) has observed the following analyst ratings:

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Benzinga

Where Floor & Decor Hldgs Stands With Analysts

Analysts have provided the following ratings for Floor & Decor Hldgs (NYSE:FND) within the last quarter:

Benzinga

Analyst Ratings for KB Home

KB Home (NYSE:KBH) has observed the following analyst ratings within the last quarter:

Benzinga

Analyst Ratings for Royal Caribbean Gr

Royal Caribbean Gr (NYSE:RCL) has observed the following analyst ratings within the last quarter:

Benzinga

Campbell Soup Shares Gain On Q3 Earnings Beat

Campbell Soup Co (NYSE:CPB) reported third-quarter FY22 sales growth of 7% year-on-year to $2.13 billion, beating the consensus of $2.05 billion. Net sales from the Meals & Beverages segment rose 6%, and the Snacks segment climbed 8%. The gross margin contracted 50 basis points Y/Y to 31.2%. Adjusted EBIT of $321 million increased…

Benzinga

Jim Cramer Recommends Buying This Major Retail Stock 'Down Here'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he can't go with BlackLine Inc (NASDAQ: BL) as it is losing money.

Benzinga

Traders Expect Exxon Mobil Rally To Continue

Shares of Exxon Mobil Corp (NYSE: XOM) has risen by almost 63% year to date.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, June 8

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