Top Stories

Tesla Inc (NASDAQ: TSLA)’s “services and other” gross margins have dropped from positive 5 percent in late 2016 to negative 45 percent early this year. One analyst said the numbers and narrative don’t add up. The Rating Bernstein analyst Toni Sacconaghi Jr. maintained a...

IN THE NEWS Viacom, Inc. (NASDAQ: VIAB) is taking an unexpected risk to compete in an evolving sector: Link Camping World Holdings Inc (NYSE: CWH) CEO Marcus Lemonis offers advice and capital to struggling small businesses on the CNBC show “The Profit.” On Thursday, he did the same for...

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling the Peaks (Stocks hitting 52-week highs on June 21) Aerie Pharmaceuticals Inc (NASDAQ: AERI) FibroGen Inc (NASDAQ: FGEN) Heron Therapeutics Inc (NASDAQ: HRTX)(announced its pain treatment candidate HTX...

BlackBerry Ltd (NYSE: BB)’s non-GAAP revenue of $217 million and adjusted earnings per share of 3 cents beat $209.03 million and breakeven estimates, respectively. The stcok was trading up about 1.2 percent at $11.85 in Friday's pre-market session. Here are some of the other takeaways:...

The cryptocurrency cooled further on Thursday, with most major cryptocurrencies trading down less than 1 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today — and which currencies were on the move. Headlines The Colorado Sun and...

Camping World Holdings Inc (NYSE: CWH) CEO Marcus Lemonis offers advice and capital to struggling small businesses on the CNBC show “The Profit.” On Thursday, he did the same for two of Detroit’s youngest entrepreneurs. Brothers Undra and Austin Mack, 12 and 11, respectively, were...

Goldman Sachs issued Thursday a slew of rating changes on media and telecom service stocks, including Verizon Communications Inc. (NYSE: VZ), Charter Communications Inc (NASDAQ: CHTR), DISH Network Corp (NASDAQ: DISH) and Sirius XM Holdings Inc (NASDAQ: SIRI). The Ratings Goldman’s Brett...

Viacom, Inc. (NASDAQ: VIAB)’s taking an unexpected risk to compete in an evolving sector. Beginning with Nickelodeon, the firm’s networks will soon produce content for Netflix, Inc. (NASDAQ: NFLX), according to The Information. “In the wake of all these mergers and...

E*TRADE Financial Corp. (NASDAQ: ETFC) said Wednesday it added 46 exchange traded funds to commission-free platform. With the latest additions, E*TRADE now offers more than 250 ETFs on a commission-free basis. The 46 newly added funds come from six issuers: Direxion, iShares, Janus Henderson,...

Micron Technology, Inc. (NASDAQ: MU) stock was trading 2.5 percent higher Thursday afternoon following a slew of bullish ratings from Wall Street. The company posted a third-quarter earnings beat and guidance for the fourth quarter above consensus estimates. The Street Weighs In Despite...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 48 years ago, Penn Central filed for bankruptcy. Where The Market Was The Dow closed at 716.11. The S&P 500 traded at around 76.64. Today, the Dow is trading at 24,657....

The markets sold off sharply Thursday after the U.S. Supreme Court ruled that states could impose sales taxes on out-of-state online retailers. Why It’s Important The decision on South Dakota v. Wayfair, a win for President Donald Trump, was not entirely expected. In April, the Supreme Court...

Intel Corporation (NASDAQ: INTC) CEO Brian Krzanich resigned Thursday and was immediately supplanted by CFO Robert Swan as interim CEO. After five years in leadership, Krzanich, who also resigned from the board of directors, had been found to have violated Intel policy by having a past consensual...

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling the Peaks (Stocks hitting 52-week highs on June 20) Agios Pharmaceuticals Inc (NASDAQ: AGIO)(announced initiation of Phase 3 ACTIVATE study, which evaluated its AG-348 in patients with Pyruvate kinase...

In a widely anticipated move, the Canada Senate passed a law legalizing adult use of marijuana on a federal scale. The legislation establishes the basic criteria to allow and regulate the growth, distribution, sale and consumption of cannabis. Details will be left to provinces and territories. Many...