Stories That Matter

BHP In $25B Settlement; 5E Advanced Materials Begins Boric Acid Production; GoldMining Reduces Crucero Royalty And More: Monday's Top Mining Stories
US Treasury To Borrow $243B More This Spring: Dollar Climbs, Stocks Trim Gains
MedMen's Epic Bankruptcy: The Bigger They Come ($1.7B), The Harder They Fall
US Treasury To Borrow $243B More This Spring: Dollar Climbs, Stocks Trim Gains
MedMen's Epic Bankruptcy: The Bigger They Come ($1.7B), The Harder They Fall
Musk's 'Twitter Sitter' Stays On Duty: Supreme Court Snubs Free Speech Appeal
ON Semiconductor At 'Cyclical Trough' After Q1 Earnings Beat, Analyst Sees 25% Upside

Stories That Matter Recent News

First Quantum Minerals Closes Ravensthorpe Nickel Mine, Cuts 330 Jobs
First Quantum Minerals is shutting down the Ravensthorpe nickel mine in Western Australia. BHP shuttered the mine in 2009.
TikTok Ban: Courts Must Decide Whether National Security Concerns Trump Freedom Of Expression
TikTok will try to argue the ban runs against its own First Amendment rights and those of its 170 million U.S. users.
AstraZeneca Admits Its COVID-19 Vaccine May Cause Blood Clotting Side Effect In Very Rare Case, But Causal Mechanism Unknown
Discover the latest on AstraZeneca's Covid vaccine lawsuit. Allegations of serious side effects, including fatalities and brain injuries, spark legal battles. Learn about the controversy and potential ramifications.
Japan Intervenes To Support Struggling Yen: Why Did It Trigger Nikkei 225 Futures Dip? 4 Charts To Watch (CORRECTED)
The Bank of Japan intervened to boost the weakening yen, causing it to recover 3% before falling to 156.80. This negatively impacted Japanese equities.
Dick's Sporting Goods' Investment Spree Could Spoil The Game For Investors, Analyst Says
BofA analyst cuts DKS price target to $225, reflecting limited earnings upside due to planned investments and expenses.
US Stocks Kick Off The Week In The Green, Tesla Rockets On China's FSD Approval, Yen Rallies: What's Driving Markets Monday?
U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc.
Boeing To Raise $10B Via Bond Sale Amid Credit Rating Downgrade - Will Investors Show Confidence?
Boeing plans a $10 billion bond sale amid financial challenges. Moody's downgrade reflects strain, but CFO emphasizes commitment to stability. Long-term bonds yield 2.25% higher than Treasuries.
Domino's Pizza Has Displayed A Strong Start To 2024, Says Analyst
Discover why TD Cowen analyst Andrew Charles upholds a Buy rating on Domino's Pizza Inc (NYSE:DPZ) with a $550 price target, despite challenges. DPZ's Q1 FY24 sales soar 6%, hitting $1.085 billion, outstripping projections. The EPS of $3.58 surpasses expectations, thanks to supply chain enhancements and reduced expenses, despite losses from DPC Dash investment adjustments.
Why Is Alzheimer's-Focused Annovis Bio Stock Nosediving On Monday?
Annovis Bio faces setbacks in Phase 2/3 Alzheimer's study, revealing minimal change in patients' conditions. Despite slight improvements in mild cases, results show no significant difference in treatment groups.
Microsoft, Meta, and Alphabet Ramp Up AI Investments, Spend Over $32B in Q1
Microsoft, Meta Platforms, Google, and other tech giants are investing heavily in AI infrastructure, signaling a shift to AI plumbing with billions of dollars being spent on data centers and other capital expenses.
Colgate-Palmolive Has Strong Brand-Building And Analytics-Driven Marketing Strategy, Says Analyst
BofA Securities analyst Bryan Spillane boosts Colgate-Palmolive's target to $100, citing impressive growth metrics. CL started the year strong with +9.8% organic sales and EPS of $0.86, beating estimates. Pricing surged +8.5%, driving a significant margin expansion. Hyperinflation in select regions fueled performance, while North America saw notable market share gains, a testament to Colgate's marketing prowess.
AMD Q1 Earnings Preview: Analysts Bullish, But Warn Of Factors That 'Can Derail The Semiconductor Industry'
AMD stock is up over 80% in the last year. An analyst sees potential gains in CPU ahead of the first quarter financial results.
Coca-Cola Q1 Earnings Preview: Will Beverage Giant Beat Revenue Estimates For 13th Straight Quarter?
Coca-Cola has beaten revenue estimates from analysts in 12 straight quarters. The company's Q1 report on April 30 could provide a barometer on consumer spending.
What's Going On With WEC Energy Shares Monday?
WEC Energy to acquire 90% ownership of Delilah I Solar Energy Center for $459 million. Commercial operation expected by June. Exciting addition to clean energy portfolio.
Why Polysilicon Company Daqo New Energy's Shares Are Diving Monday
Daqo New Energy missed Q1 estimates, with lower EPS and sales. The company expects Q2 2024 total polysilicon production volume to be approximately 60,000 MT to 63,000 MT, similar to that of Q1 2024 as the company maintains full production.
Bridging Gaps: Women Lead Change In Cannabis
Dr. Chanda Macias, CEO of National Holistic Healing Center, highlighted the role of diversity and women in the cannabis industry at Benzinga Cannabis Capital Conference. She emphasized global expansion and the importance of international cooperation.
Music Producer, Crypto Creator Illmind Joins Benzinga's Future of Digital Assets Event
Convene at 225 Liberty Street will host Benzinga's Future of Digital Assets event on Nov 19, 2024. Illmind will speak about using digital assets in music.
AI Data Centers Drive Electricity Demand: Goldman Sachs Picks 16 Stocks To Play The Trend
Goldman Sachs predicts significant growth in US power demand due to AI data centers, leading to $50B investment in power generation by 2030.
Why Burgers In California Cost More Than Other States?
Amid California's minimum wage hike, restaurants statewide witness a 10% menu price surge, eclipsing other regions. Chipotle Mexican Grill leads with a 6% to 7% increase in its nearly 500 California locations.
What Does Web3 Mean For Your Wallet? Anthony Scaramucci Explains
Anthony Scaramucci will lead a discussion at Benzinga's upcoming Crypto Revolution: Web3 and the Future of Finance event on April 30.
'Paper-Handed Small-Time Traders' Hold Spot Bitcoin ETFs, Not Institutions, Analyst Says: 'Here Come The Boomers' Is A Myth
Jim Bianco warns of potential selling pressure ahead for spot Bitcoin ETFs, citing a lack of institutional investment and small trade sizes.
Why Is Cancer Focused Deciphera Pharmaceuticals Stock Skyrocketing On Monday?
ONO Pharmaceutical to acquire Deciphera Pharmaceuticals for $2.4B in cash. Deciphera brings specialized R&D in kinase drug discovery, commercial platforms, and a pipeline of cancer drugs including QINLOCK. Acquisition expected to close Q3 2024.
FDA Approves X4 Pharmaceuticals' Mavorixafor As First Therapy For Rare Immunodeficiency Disorder
FDA approves Xolremdi capsules for WHIM syndrome, boosting neutrophil & lymphocyte counts. First therapy for this rare immunodeficiency disorder. Potential sales forecasted at $54.6M in 2024, rising to $450.9M by 2027.