Benzinga News

OpenAI, Microsoft, Meta Advance New AI T... ChatGPT parent OpenAI, Microsoft Corp (NASDAQ: MSFT), and Meta Platforms Inc (NASDAQ: META) are facing challenges as the rapid development o...

Bank Of America Predicts Positive Stock... Bank Of America Securities analyst Ebrahim H. Poonawala raised the price target on Wells Fargo & Company (NYSE: WFC) from $75 to $84 while r...

MicroStrategy Acquires Another 27,200 Bi... MicroStrategy Inc. (NASDAQ: MSTR) on Monday announced it has purchased 27,200 Bitcoin for approximately $2.03 billion in cash over a ten-day...

Paramount Revenue Is Down: Analyst Remai... Paramount Global's (NASDAQ: PARA) third-quarter 2024 financial results reflect a mixed performance across various segments. Here's a breakdo...

Toyota To Make Strategic Shift In China,... Toyota Motor Corp (NYSE: TM) shared ambitious production goals for China while maintaining a cautious stance towards the U.S. The Japanese a...

Cigna Not Pursuing Humana Merger, Stock... On Monday, Cigna Group (NYSE: CI) said its officials are expected to participate in meetings with investors and analysts over the next sever...

Bumble Catalysts Show Efficiency Gains,... BofA Securities analyst Curtis Nagle reiterated an Underperform rating on Bumble Inc (NASDAQ: BMBL) with a price target of $5.75, up from $5...

U.S. Homebuyers Are Now 56 On Average As... The average age of U.S. homebuyers has climbed to 56, a sharp increase that underscores just how much young Americans are struggling in toda...

Taiwan Semiconductor Stock Drops as US O... In response to mounting U.S. pressures, Taiwan Semiconductor Manufacturing Co (NYSE: TSM) faces new constraints from Washington, prohibiting...

Cybertruck 'Likely Won't Be Profitable'... Tesla Inc (NASDAQ: TSLA) researcher Troy Teslike is of the opinion that the Cybertruck will likely not be profitable in the fourth quarter g...

Jeff Bezos-Backed AI Startup Anthropic T... Anthropic, a company that has positioned itself as a more safety-conscious alternative to Microsoft Corp (NASDAQ: MSFT) backed OpenAI, has a...

FDA Gives Green Signal To Novavax's COVI... On Monday, the FDA removed the clinical hold on Novavax Inc.'s (NASDAQ: NVAX) Investigational New Drug (IND) application for its COVID-19-in...

Chinese EV Maker BYD Edges Closer To For... Chinese EV maker BYD Co Ltd (OTC: BYDDY) is closing in fast on Michigan-based Ford Motor Co's (NYSE: F) global sales despite the former not...

ASML's IT Outage Affected Chipmaking Ope... ASML Holding NV (NASDAQ: ASML) faced a global IT outage on Friday that disrupted its operations across multiple facilities. Bloomberg cites...

Housing Crisis Forces Airbnb And Vrbo In... Cities across the U.S. are grappling with a housing crisis, and short-term rental platforms like Airbnb (NASDAQ: ABNB) and Vrbo (NASDAQ: EXP...

Super Micro Delisting Risk Puts $1.7 Bil... Super Micro Computer, Inc. (NASDAQ: SMCI) faces possible delisting after its auditor Ernst & Young resigned amid allegations of accounting i...

Block Reports Mixed Q3, Analysts Conside... Shares of Block Inc (NYSE: SQ) tumbled in early trading on Friday, after the company reported mixed third-quarter results. The company repor...

Detroit Becomes First Major US City To A... Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from the city said...

Moderna's Q3 Earnings Beat Overshadowed... On Thursday, Moderna Inc. (NASDAQ: MRNA) reported third-quarter revenue of $1.83 billion, beating the consensus of $1.25 billion. The compan...

FDA Wants To Pull Popular OTC Decongesta... On Thursday, the FDA proposed removing oral phenylephrine from the list of approved active ingredients for over-the-counter (OTC) nasal deco...

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