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The Latest Breaking News from NYSE

$1.2 Million Bet On Darden Restaurants? 3 Stocks Insiders are Buying

Although US stocks closed lower on Thursday, there were a few notable insider trades.

XPeng Records 133% Growth In June Deliveries

XPeng Records 133% Growth In June Deliveries

XPeng Inc (NYSE:XPEV) has delivered 15,295 Smart EVs in June 2022, representing a 133% increase year-over-year and a 51% growth over May 2022. The company’s second-quarter delivery jumped 98% Y/Y to 34,422 vehicles. As of June 30, 2022, year-to-date total deliveries reached 68,983 units, a 124% increase Y/Y. Beginning in mid-May, XPeng resumed double-shift…

FDA Expert Panel Favors COVID-19 Boosters Targeting Omicron BA.4, BA.5 Subvariants

FDA Expert Panel Favors COVID-19 Boosters Targeting Omicron BA.4, BA.5 Subvariants

The FDA's independent experts voted to include a SARS-CoV-2 omicron component in COVID-19 vaccines that would be used for boosters in the U.S. beginning in fall 2022. The panel has advised manufacturers to develop modified vaccines that add an omicron BA.4/5 spike protein component to the current vaccine composition to create a…

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Benzinga Before The Bell: Kohl's Deal Talks Cancellation, Tesla's Racial Discrimination Lawsuit, Nio's Strong June Deliveries And Other Top Financial Stories Friday, July 1

CNBC Why Kohl’s Shares Are Plunging Today

Amazon, AT&T, Disney Paying For Abortion Travel Costs Had Also Contributed To Anti-Abortion Campaigns: Bloomberg

Amazon.com Inc (NASDAQ: AMZN), AT&T Inc (NYSE: T), and Walt Disney Company (NYSE: DIS), pledging to pay for e

Atlantic City Casino Workers Seal Labor Pacts With MGM, Caesars

The Atlantic City, New Jersey, casino workers union has reached an agreement with MGM Resorts International (NYSE:MGM) and Caesars Entertainment Inc (NASDAQ:CZR). The agreements reached are likely to prevent strikes at MGM Resorts’ Borgata casino and Caesars Entertainment’s Caesars, Harrah’s, and Tropicana properties. Unite Here Local 54 union organizers have been asking for a pay raise…

BNP Paribas Exits US Commodities Finance Business: Bloomberg

BNP Paribas (OTC:BNPQY) is set to exit its commodity finance business in the U.S., following previous retreats in other parts of the world, reported Bloomberg. “The decision to exit this business was in line with our approach at EMEA,” the bank stated. “The impact is limited, and BNP Paribas remains deeply committed…

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Wolverine Worldwide Sells Champion Trademarks To HanesBrands For $90M Cash

Wolverine Worldwide Sells Champion Trademarks To HanesBrands For $90M Cash

Wolverine World Wide Inc (NYSE:WWW) subsidiary, Keds LLC, has sold Champion trademarks for footwear in the U.S. and Canada to its longtime licensee, HanesBrands Inc (NYSE:HBI), for $90 million in cash. Under the agreement, Wolverine Worldwide will retain a perpetual license to continue using the Champion trademark on certain footwear, including the Keds Champion sneaker.…

Citigroup Negotiating With Local Bidders For Its Russian Operations: FT

Citigroup Negotiating With Local Bidders For Its Russian Operations: FT

Citigroup Inc (NYSE:C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and insurance company Reso-Garantia for the divestiture, the report said.…

California Goes Ahead With Lithium Tax Despite Protests From EV Suppliers

California Goes Ahead With Lithium Tax Despite Protests From EV Suppliers

California has approved a plan to tax the electric vehicle battery metal lithium to generate revenue for environmental remediation projects, Reuters reports. The tax is structured as a flat-rate per tonne and will go into effect in January. Funds generated from the tax will help restore the Salton Sea region from…

Akebia Therapeutics And 20 Stocks Moving Premarket

Akebia Therapeutics And 20 Stocks Moving Premarket

Gainers Quoin Pharmaceuticals, Ltd. (NASDAQ: QNRX) rose 83.2% to $0.8250 in pre-market trading after dropping 10% on Thursday.

NIO Shares Gain As June Deliveries Jump By Over 60% Y/Y Reflecting Recovery

NIO Shares Gain As June Deliveries Jump By Over 60% Y/Y Reflecting Recovery

NIO Inc (NYSE: NIO) reported its June and sec

Why Kohl's Shares Are Plunging Today

Why Kohl's Shares Are Plunging Today

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

Akerna Shares Dip 53%, Here's 78 Biggest Movers From Yesterday

Akerna Shares Dip 53%, Here's 78 Biggest Movers From Yesterday

Gainers Revelation Biosciences, Inc. (NASDAQ: REVB) surged 77.4% to close at $1.11 on Thursday after jumping 27% on Wednesday. Revelation Biosciences recently announced completion of dosing for Phase 1b CLEAR clinical study of REVTx-99b for the treatment of allergic rhinitis.

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Bearish on The Semiconductor Sector? This Inverse ETF Offers 3X Leverage

Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) gained ground in Thursday's session after gapping up to start Wednesday’s trading day and rallying 3% off the open.

12 Information Technology Stocks Moving In Thursday's After-Market Session

Gainers VIA optronics (NYSE:VIAO) stock moved upwards by 19.8% to $2.54 during Thursday's after-market session. The market value of their outstanding shares is at $57.5 million. The company's, Q1 earnings came out yesterday.

Where Physicians Realty Trust Stands With Analysts

Within the last quarter, Physicians Realty Trust (NYSE:DOC) has observed the following analyst ratings:

Analyst Ratings for CubeSmart

Analysts have provided the following ratings for CubeSmart (NYSE:CUBE) within the last quarter:

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$1000 Invested In ServiceNow 10 Years Ago Would Be Worth This Much Today

ServiceNow (NYSE:NOW) has outperformed the market over the past 10 years by 23.03% on an annualized basis producing an average annual return of 33.7%. Currently, ServiceNow has a market capitalization of $94.93 billion.

What 4 Analyst Ratings Have To Say About Spirit Realty Cap

Spirit Realty Cap (NYSE:SRC) has observed the following analyst ratings within the last quarter:

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $4,500 Today

Nike (NYSE:NKE) has outperformed the market over the past 10 years by 5.38% on an annualized basis producing an average annual return of 16.01%. Currently, Nike has a market capitalization of $160.15 billion.

Where Douglas Emmett Stands With Analysts

Douglas Emmett (NYSE:DEI) has observed the following analyst ratings within the last quarter:

Expert Ratings for Ventas

Ventas (NYSE:VTR) has observed the following analyst ratings within the last quarter:

Analyst Ratings for EastGroup Props

Analysts have provided the following ratings for EastGroup Props (NYSE:EGP) within the last quarter:

Expert Ratings for American Tower

Within the last quarter, American Tower (NYSE:AMT) has observed the following analyst ratings:

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