The Latest Breaking News from NYSE

The return of risk appetite to the market helped electric vehicle stocks rebound in the week ending June 24. Most stocks, barring some second-rung EV manufacturers, posted strong gains. The gains were led by the Chinese trio as they extended their rally amid an inflection in sentiment toward Chinese stocks in…

The S&P 500 recently entered market correction territory with a 20% drop from all-time highs. The new debate is if the U.S. could enter a recession in 2022, or to some if we are already in a recession. Searches for the word recession are hitting huge levels, suggesting people are…

Terran Orbital Corp (NYSE:LLAP) revealed the successful integration of the CAPSTONE spacecraft aboard the Rocket Lab USA, Inc (NASDAQ:RKLB) Rocket Lab Electron rocket. Terran Orbital designed and built satellite is flying a pathfinding mission to the moon in support of NASA's Artemis program. LLAP's team produced CAPSTONE's hardware, assembled and tested the spacecraft, and integrated…

Piper Sandler cut Accenture plc (NYSE: ACN) price target from $368 to $305. Accenture shares gained 4.2% to trade at $297.69 on Friday.

The Dow Jones was up sharply in afternoon trading, along with the Nasdaq and S&P 500. Airbnb was a top gainer in the Nasdaq 100.

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

Analysts have provided the following ratings for Coterra Energy (NYSE:CTRA) within the last quarter:

American Tower (NYSE:AMT) has outperformed the market over the past 10 years by 2.78% on an annualized basis producing an average annual return of 14.08%. Currently, American Tower has a market capitalization of $121.13 billion.

As beverage companies compete to grow their non-carbonated drinks divisions, energy drink companies have often been subject to buyout rumors. A terminated distribution agreement between an energy drink company and a leading beverage company is leading to more merger and acquisition speculation in the industry.