Benzinga

Benzinga

Online Audio and Video Media

Detroit, MI 21,943 followers

Follow for financial news, data and education! 💸

About us

Follow for financial news, data and education! 💸

Industry
Online Audio and Video Media
Company size
51-200 employees
Headquarters
Detroit, MI
Type
Privately Held
Founded
2010
Specialties
Investing, Stocks, ETFs, Trading, News, Mutual Funds, Forex, Commodities, Big Data, Cloud Data, API, Trade Education, cryptocurrency, crypto, investments, finace, financial, and markets

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Employees at Benzinga

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    21,943 followers

    In a parallel universe, Tesla might have been a part of Apple’s empire, but this alternate reality hinges on a meeting between Elon Musk and Tim Cook that never took place. During Tesla’s most challenging period, Musk reached out to Apple about a potential acquisition, according to a 2020 tweet by Musk. It was the period of Tesla’s Model 3 production, a time fraught with financial strain and operational hurdles for the electric vehicle manufacturer. Musk sought to initiate a conversation with Cook about Apple acquiring Tesla. But according to Musk’s tweet, Cook declined the meeting. Months later, Cook provided his version of the events. According to IndiaTimes, Cook said, “You know, I’ve never spoken to Elon. And there are lots of companies out there that we could’ve bought from at different times, probably. But I feel really good about where we are today.” #tesla #elonmusk #timcook #apple

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    21,943 followers

    A Bitcoin wallet, inactive for nearly 12 years, has suddenly sprung into action, transferring millions worth of digital currency. On-chain tracking platform reported that a wallet transferred 1,000 Bitcoin, worth $60 million to two new wallets Sunday. The wallet received this stash way back in September 2012, when the price of one Bitcoin was a mere $12.06. Since then, no inbound or outbound activity has been reported from the wallet.

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    21,943 followers

    Valvoline Inc. What the bulls are saying: 🐂 #VVV is enjoying healthy growth, illustrated by its historical compound annual growth rate (CAGR) of +8.2% since 2016, with plans to accelerate this to between +7% to +10% year on year. The company's robust growth is supported by its blend of franchised and company-owned stores, and further bolstered by the practice of pricing flexibility that could spur additional growth. Furthermore, the +7.1% system-wide SSS (same-store sales) growth, a resilient quick lube industry emphasizing the importance of oil changes for vehicle longevity, and growing demand for 'do-it-for-me' services and add-on sales, all contribute to Valvoline's strong financial position. What the bears are saying: 🐻 Valvoline is facing challenges with stagnant growth as indicated by its main competitor, Jiffy Lube, and industry trends showing a decline in drivers choosing to service their vehicles at automotive maintenance establishments. The company's future pricing situation is also concerning as it is expected to be below their long-term growth target, mainly due to the substantial price hikes seen in previous years. Furthermore, the general underperformance of stocks in the auto-aftermarket sector, which includes companies like #DRVN, #MCW, and #MNRO, further casts a shadow on the outlook for Valvoline.

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    21,943 followers

    Looking for a new job? ✨ Check out this week's job round-up in partnership with Jobbio! 💼 OCC 💼Senior Associate, Corporate Compliance 🌎Dallas 📲https://lnkd.in/e7iXKNGp STERIS 💼Sr. Software Developer - Oracle Applications (Finance) 🌎Mentor 📲https://lnkd.in/eWmvDSyG Mastercard 💼Software Engineer, Applied Machine Learning (Semantic Search, Natural Language Processing (NLP), Large Language Models) – Priceless Platform 🌎San Francisco 📲https://lnkd.in/eSehVCSZ TD 💼Director, Fixed Income & Municipal Securities Compliance Advisory 🌎New York, NY 📲https://lnkd.in/e9Tkmz9A

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Funding

Benzinga 2 total rounds

Last Round

Series unknown

US$ 3.0M

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