Benzinga News

GM Announces Over 1,300 Layoffs As Chevr... General Motors Co. (NYSE: GM) is reportedly laying off over 1,300 employees across two Michigan plants following termination of production f...

Will Apple Beat the Odds? Citi Says Yes,... Citi analyst Atif Malik maintained a Buy rating on Apple Inc (NASDAQ: AAPL) with a price target of $230. Apple stock is up 50% year-to-date...

Snowflake Might Be Setting a New Standar... Snowflake Inc (NYSE: SNOW), a cloud data company, is increasing its research and development (R&D) investment to create tools for testing ge...

Pfizer's 2030 Vision Bolstered By Seagen... Truist Securities analyst Robyn Karnauskas reiterated a Buy rating on Pfizer, Inc. (NYSE: PFE), lowering the price target to $36 from $42. W...

SEC Vs. Elon: Regulator Seeks Further An... Elon Musk faces a further court showdown with the Securities and Exchange Commission over its probe into his $44-billion takeover of Twitter...

Will Unemployment Spike In 2024? History... The last set of jobs data showed the unemployment rate fell to 3.7% in November, while the Fed said on Wednesday it didn't expect the jobles...

Why Target Is Goldman Sachs' Top Retail... As 2023 draws to a close, numerous analysts and investors are shifting their focus to the prospects and developments anticipated in the stoc...

New York City's Manhattan Island Is Sink... New York City's skyline is one of its most famous and instantly recognizable features. However, scientists fear that the weight of all that...

Amazon Kuiper's Laser Innovation: Bridgi... Amazon.Com, Inc. (NASDAQ: AMZN) said Project Kuiper will use infrared lasers to send data directly between satellites. The tech behemoth com...

Google's AI Search - A Double-Edged Swor... Alphabet Inc Google's (NASDAQ: GOOG) (NASDAQ: GOOGL) integration of artificial intelligence into its search functionality raises significant...

Foot Locker's Turnaround Story Stands Ou... Shares of Foot Locker Inc (NYSE: FL) continued to climb after spiking last month on strong quarterly earnings. The company's turnaround stor...

The Rise of American Tech Power: Apple's... Apple Inc.'s (NASDAQ: AAPL) market value is reportedly approaching that of Europe's largest stock market, France, after closing at a record...

The Disney Activist Battle's Next Chapte... Trian Partners founder and CEO Nelson Peltz has announced his latest move in his firm's ongoing proxy fight with Walt Disney Co (NYSE: DIS)....

Rivian Is Spreading Its Wings Beyond Ama... Rivian Automotive Inc (NASDAQ: RIVN) committed to deliver 100,000 electric vans to the e-commerce titan Amazon.com Inc . But as of November,...

Netflix's Stock Journey In 2023: Navigat... Netflix Inc.'s (NASDAQ: NFLX) stock journey towards $500 has been a turbulent ride, with many ups and downs and key turning points. Despite...

Adobe Shares Slide After Q4 Print, But T... Adobe Inc (NASDAQ: ADBE) shares tanked in early trading on Thursday, even after the company reported upbeat fiscal fourth-quarter results. T...

GameStop's Move Into Deep Value And 3D C... In a bold strategic shift, GameStop (NYSE: GME) has positioned itself to venture beyond the gaming realm, signaling its intent to acquire un...

Shifting Gears: Fed's Potential Rate Cut... There is no doubt that the expected interest rate cuts by the Federal Reserve in 2024 could provide much needed relief to U.S. businesses an...

Etsy's Strategic Layoffs Signal Short-Te... Wednesday, Etsy Inc (NASDAQ: ETSY) announced to lay off roughly 11% of its marketplace workforce as the e-commerce site grapples with a slow...

Visa's All-Time High: E-Payments Propel... Visa Inc (NYSE: V) stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday tradi...

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