Benzinga News

Apple CFO Denies Claims Of 75% Profit Ma... On Thursday, Apple Inc. (NASDAQ: AAPL) CFO Kevan Parekh refuted claims that the tech giant enjoys a 75% profit margin on its App Store. What...

Nvidia Suffers $10 Billion Setback, AI C... The U.S. semiconductor sector is going through nail-biting times as further potential sanctions on the export of artificial intelligence chi...

State Farm Pulls Super Bowl Ad, AppleTV+... The California wildfires and the aftermath have one insurance company saying no to a pricey Super Bowl LIX commercial. What Happened: Anyone...

Big Banks Continue To Beat Q4 Earnings A... U.S. banks delivered another round of strong fourth-quarter earnings Thursday, with Morgan Stanley (NYSE: MS), Bank of America Corp. (NYSE:...

Target's Apparel Performance Provides Op... JP Morgan analyst Christopher Horvers reiterated the Neutral rating on Target Corporation (NYSE: TGT). The company reported a 2.8% increase...

US Energy Sector Enjoys Strong Start To... The U.S. energy sector kicked off 2025 with a strong rally, outperforming all other sectors as crude prices soared and investors bet on a de...

IBM Joins Forces With L'Oréal To Drive S... L'Oréal (OTC: LRLCY) seeks to leverage a tech giant's generative artificial intelligence (GenAI) capabilities to enhance cosmetic formulatio...

Wells Fargo's Q4 Results Impress, Analys... Wells Fargo & Co's (NYSE: WFC) fourth-quarter results sent banking stocks surging on Wednesday. The company reported its quarterly results a...

Meta Boosts Green Energy With New Solar... Meta Platforms Inc (NASDAQ: META) confirmed Monday that it's procuring 200 megawatts of solar energy from electric utility firm Engie.What H...

Tesla Stock 'Valuation Is Full': Analyst... A Tesla Inc (NASDAQ: TSLA) analyst highlighted the monetization opportunities for the company with its robotaxis and FSD. The Tesla Analyst:...

Coinbase Launches Bitcoin-Backed Loans F... Crypto exchange Coinbase (NASDAQ: COIN) has launched a new service allowing U.S. customers (excluding in the state of New York) to borrow ag...

Netflix Gets Boost Ahead Of Q4 Earnings,... Shares of Netflix Inc (NASDAQ: NFLX) were climbing on Thursday, with optimism ahead of its fourth-quarter results on Jan. 21. The estimate f...

Target's Holiday Sales Surge 2.8%: Digit... Target Corp (NYSE: TGT) reported a 2.8% increase in holiday sales during the November and December period. The company saw comparable sales...

Davos 2025: ETFs To Tackle Geopolitical,... The World Economic Forum's (WEF) "Global Risks Report" for 2025 paints a sobering picture of the challenges ahead. The survey, released duri...

Retail Sales Disappoint, Jobless Claims... U.S. retail sales edged higher in December, showing that consumers kept spending through the holiday season, but the increase wasn't as stro...

Hindenburg Research Is Closing Up Shop:... Short-seller Hindenburg Research on Wednesday announced plans to disband the New York-based investment firm. "The plan has been to wind up a...

Warner Bros. Discovery Analyst Says DTC... Media company Warner Bros. Discovery (NASDAQ: WBD) could be in for a tough fourth quarter with concerns about the company's DC Studios reboo...

Bank of America Q4 Earnings: $6.7 Billio... Bank of America Corp (NYSE: BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS o...

UnitedHealth Q4 Earnings: Revenue Falls... On Thursday, UnitedHealth Group (NYSE: UNH) reported the fourth-quarter 2024 earnings and reaffirmed 2025 guidance. The company reported adj...

Southwest Airlines Is Sued By Department... The U.S. Department of Transportation and Department of Justice jointly filed a lawsuit on Wednesday against Southwest Airlines Co. (NYSE: L...

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