Benzinga, founded in 2010 by Jason Raznick and headquartered in Detroit, Michigan, is a dynamic financial media and technology company dedicated to empowering individual investors with timely, actionable insights. Initially launched from Raznick’s basement with a modest $10,000 investment, the company has grown into a trusted resource, attracting approximately 25 million monthly readers through its innovative blend of real-time financial news, market analysis, and trading tools.
Kingsoft Cloud Holdings Ltd (NASDAQ:KC) shares are tumbling Wednesday after the company announced an offering. Shares of U.S.-listed Chinese companies are also facing selling pressure amid rising global trade tensions.
A foldable iPhone from Apple could be one of the most anticipated products from the tech giant and comes in an era when phones are relied on for more than just calls and texts.
Target Corp (NYSE:TGT) faces a downgraded outlook as Goldman Sachs cuts its rating to Neutral and slashes the price target to $101. Slowing discretionary spending, tariff risks, and weak consumer sentiment data signal downside risks to FY25 earnings.
March retail sales exceeded expectations, rising 4.6% year-over-year, driven by strong growth in discretionary categories like sporting goods, electronics, apparel, and home improvement. The figure surpassed Bloomberg's forecast of 1.3% sequential growth, as revised February data showed mixed trends.
Russia is exploring the creation of its own stablecoins following the recent freeze of digital wallets linked to Russian entities, which held large amounts of the USDT (CRYP
Without a break out of subscriber figures, investors and analysts could be looking to future guidance and monetization efforts when Netflix reports Q1 results.
Benzinga's flagship Fintech Deal Day & Awards is back in New York City this November. Applications are now open for the 11th annual competition recognizing innovation in financial technology.
Interactive shares are trading lower on Wednesday after the company reported worse-than-expected adjusted earnings per share in its report released Tuesday after the market closed.
J.B. Hunt Transport Services Inc (NASDAQ:JBHT) beat Q1 FY25 earnings forecasts with $1.17 EPS, driven by strong intermodal growth and lower ICS losses. Stephens analyst Justin Long reiterated an Overweight rating but trimmed the price target to $165. JBI volumes rose 7.6% year-over-year, contributing to the upside, while Final Mile and Truckload segments underperformed.
JP Morgan downgrades United States Steel (NYSE:X) from Overweight to Neutral and lowers price forecast due to pending NSC deal and potential tariff risks.
The U.S. Commerce Department has launched a Section 232 investigation into the national security impact of pharmaceutical and drug ingredient imports, citing supply chain risks.
Several CEOs of the largest U.S. banks have recently expressed concerns about the economic fallout, market volatility and broader uncertainty resulting from President Donald Trump's new trade policies.
Even after a sharp cooldown, the meme coin sector refuses to die quietly. With Fartcoin (CRYPTO: FARTCOIN) in the focus, traders say the meme coin mania might be entering a stronger, more refined phase.
Simplify Asset Management launches two innovative ETFs designed to provide structured, high-yielding income with well-defined downside risk in today's challenging investing environment.
Nvidia failed to warn customers about new U.S. export rules for H20 chip sales to China, resulting in a $5.5 billion charge. Chinese tech giants have been stocking up on chips, driving demand. Despite this, analysts remain optimistic about Nvidia's investments in AI and its plans to develop $500 billion in infrastructure. NVDA stock is down 6.35% at $105.11.
