Merrill Lynch

Economist David Rosenberg, president of Rosenberg Research said that the volatile nature of cryptocurrencies like Bitcoin (CRYPTO: BTC) makes them akin to gambling rather than sound investing. What happened: Drawing a comparison to more conventional investments, Rosenberg said in a morning note on...

What keeps a 12-year financial markets infrastructure entrepreneur up at night? It’s the fear of complacency and not having the wherewithal to keep up with innovation. “You can never get complacent,” Jarrod Yuster, the chairman, founder and co-CEO of Pico told Benzinga...

Benzinga is providing the opportunity to interact with leaders in the retail and institutional trading space at its stocks and options Benzinga Boot Camp on Friday, May 29. Featured speakers include Adam Johnson, founder at Bullseye Brief; Anne-Marie Baiynd, chief technical...

Before the COVID-19 coronavirus became a global pandemic, markets were in an unrelenting uptrend. However, soon after world governments began introducing stay-at-home orders, forcing the closure of non-essential businesses and unemployment of millions, financial markets experienced a historic...

Modulus, a U.S.-based developer of ultra-high performance trading and market surveillance tech, formally announced this week its M5 exchange platform will allow digital asset brokers the ability to offer margin trading and lending. This development comes after Modulus worked to become a leader in...

The Brazilian economy is teetering, and the global macroeconomic conditions are not quite enthusing. Yet investors who are willing to make a bold bet can keep an eye on this Brazilian company that provides software solutions to retailers. The IPO Terms Sao Paulo, Brazil-based Linx S.A. (NYSE: LINX...

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On Nov. 9, 1998, a federal judge ordered 37 domestic brokerages to pay Nasdaq investors $1.03 billion for price fixing. Where Was The Market The S&P 500 closed around $1,130.20, and...

Magna International Inc. (USA) (NYSE: MGA) announced a multiyear partnership with Lyft this week — and a $200-million investment in the ride-hailing service — to develop and manufacture self-driving systems at scale. The strategy puts the companies on pace to commercialize and...

Hunter Harrison had barely served nine months of his four contracted years at CSX Corporation (NASDAQ: CSX) before taking a medical leave mid-December. On Saturday, the company announced his death. The CEO’s significance to the firm was seen in an 8-percent stock pullback, representing a $4-...

Here we have it: the largest deal of 2017. CVS Health Corp (NYSE: CVS) confirmed Monday its agreement to acquire Aetna Inc (NYSE: AET) as a standalone business unit for about $207 per share. The parties intend to close the deal in the second half of 2018 to yield $750 million in near-term synergies...

There’s a lot of Street uncertainty surrounding the relative position of General Motors Company (NYSE: GM). While analysts mostly agree the automaker merits Buy or Hold ratings, there is no consensus on the firm’s place in the autonomous vehicle and fleet race. Some expect further...

Bloomin’ Brands Inc (NASDAQ: BLMN) caught the eye of Jana Partners — the activist investor renowned for pressuring Whole Foods Market’s sale to Amazon.com, Inc. (NASDAQ: AMZN). But Jana’s 8.7-percent stake and expressed intent to push strategic alternatives haven't...

Urban Outfitters, Inc. (NASDAQ: URBN) traded up as much as 4 percent Tuesday after analysts touted its third-quarter earnings beat. The retailer posted better-than-expected comps growth; reduced selling, general and administrative expenses; and positive sales trends in all three of its brands for...

The long-delayed unveiling of Tesla Inc (NASDAQ: TSLA)’s semi-truck is finally here, and hype surrounding the Thursday event already catalyzed a 4-percent run in the stock. Tesla Semi Truck unveil to be webcast live on Thursday at 8pm! This will blow your mind clear out of your skull and into...

Heading into its Wednesday earnings report, Facebook Inc (NASDAQ: FB) is decidedly well liked. The firm’s 42 Buy ratings are tempered by just two Sells and one Hold, according to TipRanks, which records an average price target of $191.33 with a range of $98 to $235. Recent trends back the...