AI Generated

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories. U.S. markets ended the week mixed as weak labor data underscored slowing momentum. August payrolls rose by only 22,000 jobs, with prior months revised lower, adding to...

Wells Fargo & Co (NYSE:WFC) shares are trading lower on Friday, caught in a wider market downturn spurred by a surprisingly weak August jobs report that has stoked fears of an economic slowdown. The major indices retreated from recent record highs as investors digested the unsettling labor...

Health Secretary Robert F. Kennedy Jr. is preparing to release a report suggesting that the use of a common over-the-counter pain reliever during pregnancy may be tied to a higher risk of autism. Tylenol-maker KVUE stock is dropping. See the price action here. Tylenol-Autism Link? The report...

Lululemon Athletica Inc. (NASDAQ:LULU) fell over 15% at last check on Friday after the retailer trimmed its full-year sales and profit targets. The athletic apparel company topped second-quarter earnings expectations, but it still grappled with softer U.S. trends. Investors are now grappling with a...

Peraso Inc. (NASDAQ:PRSO) moved higher in premarket trading on Friday after Mobix Labs Inc. (NASDAQ:MOBX) sweetened its acquisition proposal by including a cash component in addition to stock. The updated offer, according to company executives, aims to provide shareholders both immediate value and...

Rivian Automotive Inc (NASDAQ:RIVN) shares are dropping on Thursday afternoon. The decline follows a Wall Street Journal report that the company is cutting less than 1.5% of its workforce. The layoffs are an effort to reduce costs and increase efficiency before the launch of its more affordable R2...

Gap, Inc. (NYSE:GAP) shares traded higher Thursday as the company revealed a bold push into beauty and accessories, aiming to build on its repositioning strategy and extend its reach beyond apparel. The retailer said its latest initiatives reflect momentum from the past two years, when it...

SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower on Tuesday afternoon amid overall market weakness. The decline is mainly affecting growth stocks, which are under pressure from a surge in Treasury yields and investor concerns that high interest rates will hurt future earnings. SOFI...

Palo Alto Networks (NASDAQ:PANW) confirmed a data breach after attackers used stolen OAuth tokens from the Salesloft Drift compromise to access its Salesforce Inc (NYSE:CRM) system. PANW is trading near recent highs. See what is driving the move here. The attackers exfiltrated business contact...

Uber Technologies, Inc. (NYSE:UBER) shares are trading lower on Tuesday. The firm said it has teamed up with Best Buy Co. Inc. (NYSE:BBY) to bring same-day delivery of electronics and small appliances to the Uber Eats app from over 800 Best Buy locations nationwide. The partnership adds Best Buy's...

Warren Buffett criticized the planned break-up of The Kraft Heinz Company (NASDAQ:KHC) on Tuesday, saying he is "disappointed" with a move that effectively unravels the 2015 merger he helped engineer. Shares of the packaged-food giant slipped following his remarks. Buffett told CNBC that while the...

Spirit Airlines has filed for bankruptcy protection for the second time in less than a year, underscoring the company's continued financial The ultra-low-cost carrier said deeper restructuring measures are now unavoidable. Spirit's return to bankruptcy court reflects ongoing challenges tied to high...

On Monday, Nestlé unexpectedly removed its CEO, Laurent Freixe, after he failed to disclose a romantic involvement with an employee who reported directly to him. Nestle CEO Removed The Swiss company, which produces well-known brands like KitKat and Nesquik, announced that seasoned executive...

The Duane Arnold nuclear plant, located northwest of Cedar Rapids in Iowa, is moving forward with efforts to reopen by the late 2020s after it closed in 2020 due to financial challenges. Nuclear Comeback The plant is the third—and probably the last—U.S. nuclear reactor that is still in good enough...

Attorney General Pam Bondi dismissed a Justice Department paralegal on Friday after allegations that the employee made an obscene gesture toward National Guard personnel stationed in the nation's capital. Bondi disclosed the firing in a post on X, writing, "If you oppose our mission and disrespect...