Newsfeeds Archive - Page 503 of 19074

2 minute read

Salesforce Stock Is Tumbling Thursday: What’s Going On?

May 30, 9:22 AM

Salesforce reported its first top-line miss in more than a decade late Wednesday, according to Benzinga Pro. Despite missing estimates, first-quarter revenue was up 11% on a year-over-year basis. Multiple analysts also lowered price targets on the stock following the print.

CRM

1 minute read

What’s Going On With Palantir Technologies Stock On Thursday?

By Anusuya Lahiri

May 30, 9:19 AM

Palantir (PLTR) wins $480M Army contract for AI-based Maven Smart System prototype, while facing criticism and speculation about inclusion in S&P 500. Stock up 2.58% premarket.

ARKK

1 minute read

News

Maxeon Solar Technologies’ Largest Shareholder TCL Zhonghuan Renewable Energy Technology to Invest $97.5M Via a Debt Investment and an Additional $100M Equity Investment

By Benzinga Newsdesk

May 30, 9:18 AM

Maxeon's Chief Executive Officer Bill Mulligan noted, "Maxeon has been facing a very difficult market environment since the third quarter of last year, with challenging industry pricing conditions and

MAXN

2 minute read

Investors Are Buying Okta Stock Thursday Morning: What’s Going On?

By Adam Eckert

May 30, 9:17 AM

Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst estimates of $604.339 million. The cloud-native cybersecurity company reported adjusted earnings of 65 cents per share, beating analyst estimates of 55 cents per share, per Benzinga Pro.

OKTA

4 minute read

Illinois Lawmakers Fail To Update Cannabis Laws, Non-Profit Argues ‘Corporate Greed’ Played A Role

By Nina Zdinjak

May 30, 9:16 AM

Illinois lawmakers concluded this year’s regular spring legislative session without deciding on cannabis and hemp bills recently approved…

GTBIF

2 minute read

Movers
News

What’s Going On With Lululemon Stock?

By Adam Eckert

May 30, 9:15 AM

Telsey Advisory Group analyst Dana Telsey on Thursday maintained Lululemon with an Outperform rating and price target of $550. Telsey joins a growing list of analysts who have updated price targets this week.

LULU

2 minute read

What’s Going On With Sony Stock On Thursday?

By Anusuya Lahiri

May 30, 9:14 AM

Sony (NYSE: SONY) is in talks to acquire Queen's music catalog for a potential $1 billion, joining other artists' catalog sales fueled by streaming growth and low interest rates.

BLCR

2 minute read

Tesla Set To Register ‘Full Self-Driving’ Software In China, Aiming To Roll Out Feature By Year-End: Report

By Benzinga Neuro

May 30, 9:14 AM

Tesla Inc. is reportedly gearing up to register its "Full Self-Driving" (FSD) software with Chinese authorities.

TSLA

2 minute read

Birkenstock’s Q2 Revenue Rises 22%, Beats Expectations With Strong Global Demand: Details

By Lekha Gupta

May 30, 9:12 AM

Birkenstock reports Q2 revenue, adjusted EPS that beat street view. The company also raised FY24 guidance for revenue and adjusted EBITDA.

BIRK

1 minute read

News

CrowdStrike, Cloudflare Expands Partnership To Secure Networks And Power The AI-Native SOC

By Benzinga Newsdesk

May 30, 9:10 AM

New alliance combines best-of-breed platforms, accelerating partners' ability to drive vendor consolidation by securing the network and stopping breaches across device endpoints, cloud, identity, data, and

CRWD