The Latest Breaking News from NYSE

Uber Technologies Inc (NYSE: UBER) shares are trading lower Wednesday after Amazon.com Inc (NASDAQ: AMZN) acquired a 2% stake in competitor company Grubhub.

Meta Platforms, Inc (NASDAQ:META) prosecuted Octopus Data, the U.S. subsidiary of a Chinese national high-tech enterprise Shenzhen Vision Information Technology Co. Octopus Data allegedly offered data scraping services for Facebook and Instagram. Meta also prosecuted a Turkey-based individual, Ekrem Ateş, for allegedly setting up automated Instagram accounts to scrape data from 350,000 Instagram…

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he doesn’t like companies that are not making money, when asked about Cloudflare, Inc. (NYSE: NET).

CNBC Ben & Jerry’s Sues Parent Unilever On Israeli business Sale

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

UBS cut Moelis & Company (NYSE: MC) price target from $54 to $40. Moelis shares rose 3% to close at $40.84 on Tuesday.

Amazon.com Inc (NASDAQ: AMZN) agreed to acquire a 2%

Walmart Inc (NYSE:WMT) is planning to levy a new fee for some of its suppliers to transport goods to its warehouses and stores, Reuters reported. The move, effective from August, is in response to the soaring fuel and transportation costs. Walmart will charge a "collect pickup charge" which is a percentage of…

Through its wholly-owned subsidiary Domtar Corporation, the Paper Excellence Group has agreed to acquire Resolute Forest Products Inc (NYSE:RFP). Fairfax Financial Holdings Limited, a significant stockholder of Resolute with a 40% stake, has supported the acquisition. The transaction brings complementary capabilities in lumber and pulp to Paper Excellence. Resolute will become a wholly-owned subsidiary of…