The Latest Breaking News from NYSE

What Are Whales Doing With EOG Resources

A whale with a lot of money to spend has taken a noticeably bearish stance on EOG Resources. Looking at options history for EOG Resources (NYSE:EOG) we detected 16 strange trades.

Benzinga · Jul 5, 2022

Rosenblatt Lists Its Internet Media Favourites Whose Performance Seem To Be Driven By Recession Concerns

Rosenblatt analyst Barton Crockett noted that Internet, Media, and Experiential equities underperformed the S&P 500 in 2Q22 and 1H22 of generationally high stock pressures (the worst S&P 500 start since 1970). 

Benzinga · Jul 5, 2022

Needham Slashes Revenue, Earnings Projections, Price Targets of Majority Semiconductor Stocks: Key Takeaways

Needham analyst N. Quinn Bolton saw a slowdown in demand across most end markets coupled with several quarters of inventory purge is likely to significantly decrease semiconductor sales in C2H22 and 2023 from original base case estimates. 

Benzinga · Jul 5, 2022

Read How Analysts Reacted To Kohl's Conclusion Of Strategic Review Process

Telsey Advisory Group analyst Dana Telsey has lowered the price target on Kohl's Corp (NYSE:KSS) to $35 (19% upside) from $55 and kept the Market Perform rating on the shares. Kohl's abandoned its negotiations with Franchise Group, considering the challenges in the current retail and financing environment. Also, the retail chain has cut its Q2 sales guidance on ongoing inflationary…

Benzinga · Jul 5, 2022

What's Going On With Palantir Stock?

Palantir Technologies Inc (NYSE: PLTR) shares are trading higher Tuesday amid a drop in yields.

Benzinga · Jul 5, 2022

S&P Global Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on S&P Global (NYSE:SPGI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Jul 5, 2022

Why Symbotic Shares Are Surging Today

Raymond James analyst Brian Gesuale initiated coverage of Symbotic Inc. (NASDAQ:SYM), an automation technology company, at Outperform, with a price target of $18, implying an upside of 23%. Symbotic developed an AI software platform and proprietary hardware to provide an end-to-end automation solution for large warehouse and distribution centers. Walmart Inc (NYSE:WMT) is Symbotic’s strategic…

Benzinga · Jul 5, 2022

Institutions Traded Millions In Oracle, Coca-Cola Stock This Morning: What Investors Need To Know

At 8:54 a.m.

Benzinga · Jul 5, 2022

Jeff Bezos Goes To Disneyland: Here's Why Fans Are Mocking Amazon Founder

The cost of going to Disneyland has gone up over the years. The world’s second-richest person is likely unfazed by the higher cost to go to the theme park labeled the “happiest place on Earth.” Here’s what Bezos did at Disneyland and why some people are poking fun at photos…

Benzinga · Jul 5, 2022

Chevrolet NFT That Included Physical Corvette Fails To Rev Up Bids At GM Auction

Many large companies enter the non-fungible token (NFT) sector with varying levels of success, hoping new collections serve as a way to engage fans and consumers, while also highlighting a new sector.

Benzinga · Jul 5, 2022