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Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has won this battle. A Los Angeles jury on Friday ruled that Musk's use of Twitter to suggest a British spelunker was a pedophile didn’t amount to defamation. Musk faced defamation charges in the U.S. District Court in Los Angeles for calling a UK-...

Sage Therapeutics Inc (NASDAQ: SAGE) shares fell more than 60% Thursday following a negative readout for its lead asset in major depressive disorder. The Analysts Morgan Stanley analyst Matthew Harrison maintained an Overweight rating for Sage but lowered the price target from $217 to $125. (See...

Around the holidays Amazon.com Inc. (NASDAQ: AMZN) is probably best known for being one of Santa's biggest helpers, delivering presents to homes at a furious pace. But as the company rolls out several new Amazon Web Services products and new innovations in machine learning, and its Amazon...

Exxon Mobil Corporation (NYSE: XOM) shares are down 12.2% over the past year, but at least one larger option trader is betting the next two years will be much better for the largest U.S. oil major. The Trades On Friday morning, Benzinga Pro subscribers received two option alerts related to...

Hedge fund billionaire Steve Cohen, CEO of Point72 Asset Management, is in talks to boost his ownership in the New York Mets baseball team to a majority stake, perhaps bringing more of a Wall Street vibe to the team out in Queens. If the deal is completed and Cohen becomes the main owner in five...

Zoom Video Communications Inc. (NASDAQ: ZM) lost a bit of the zoom in its growth trajectory in the third quarter, spooking investors. Sell-side analysts said the company's communications story remains strong, though the stock price may already reflect it. The Analysts Morgan Stanley's Meta...

Following Biogen Inc's (NASDAQ: BIIB) presentation of detailed top-line results for aducanumab at the Alzheimer's conference, the stock ended Thursday's session up about 3.5%. The presentation polarized analysts and clinicians alike, stirring a debate on whether the data is sufficient...

Tesla Inc (NASDAQ: TSLA) skeptics are beginning to envision a path forward for the disruptive automaker. Morgan Stanley raised its bull-case price target, asserting that Tesla is “fundamentally overvalued, but strategically undervalued.” The Rating Analysts Adam Jonas and Armintas...

The Bureau of Labor Statistics released employment data for the month of November, and the jobs report came in well above expectations. Here’s a rundown of everything you need to know. What You Need To Know About The Jobs Report The nonfarm payroll number came in at +266,000, above consensus...

In a generation wary of privacy policies, Apple Inc. (NASDAQ: AAPL) has trust issues. Consumers of the iPhone 11 have complained for months about a “privacy location bug” that did not receive a formal explanation until Friday. The iPhone 11 requests users’ locations in spite of...

Biotech investment is fraught with risk. Most biotech stocks are at the mercy of binary events, which serve as make-or-break catalysts. These binary events, however, provide an opportunity for making huge profits for those investors placing the right bets. Even if the outcome is expected to be...

Saudi Arabian Oil Company announced it had raised $25.6 billion in its long-awaited initial public offering on Thursday, Bloomberg reported. What Happened The state-owned oil company, better known as Saudi Aramco, offered 3 billion ordinary shares, which are about 1.5% of its total shares,...

This column does not necessarily reflect the opinion of the Benzinga editorial board. As the unrest in Hong Kong continues to escalate, investors are eyeing up an alternative financial capital in Asia, which is Tokyo - a city that is considered a bastion of stability in the region and is vying...

Nintendo Ltd/ADR (OTC: NTDOY) had its best ever sales week for its Switch game consoles in the United States, selling 830,000 of them during the period that included Black Friday. Sales were bolstered during the Nov. 24-30 period, the company said, by a bundle deal that gave purchasers of the...

The new $25 billion media empire that emerged from the remarriage of CBS and Viacom began trading Thursday, but questions remain about how the combined company will compete in an increasingly crowded landscape of companies beaming content into America's homes and phones. CBS and Viacom...