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The Latest Breaking News from NYSE

Pfizer To Sell 23 Patented Drugs, Vaccines At Lower Prices To Poorer Countries

Pfizer Inc (NYSE:PFE) will sell over 20 patent-protected drugs and vaccines at not-for-profit prices to 45 of the world's poorest countries. Under the program, Pfizer will begin shipping the medicines first to Ghana, Malawi, Rwanda, Senegal, and Uganda before the end of this year, Chief Executive Albert Bourla said in an interview. This will…

Benzinga

WeWork Co-founder Raises $70M For Crypto Carbon-Credit Startup

WeWork Inc (NYSE:WE) cofounder Adam Neumann raised $70 million from venture capitalists and others for his co-founded carbon-credit startup Flowcarbon, Bloomberg reports. The startup raised traditional funding from backers like Andreessen Horowitz’s crypto arm, General Catalyst, and Samsung Next. Flowcarbon also raised money by selling its token, called the Goddess Nature Token. Neumann,…

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Stripe Resumes Crypto Push Drawing Inspiration From Block, PayPal

Payments company Stripe Inc looks to give customers access to Bitcoin (CRYPTO: BTC)four years after suspending support for the cryptocurrency, Bloomberg reports. Stripe collaborated with crypto startup OpenNode to help its customers to accept Bitcoin payments through a new app. Stripe customers will be able to convert incoming payments and any amount of…

Benzinga

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CVS Health To Stop Filling Controlled Substances Prescriptions For Cerebral, Done Health

CVS Health Corp (NYSE: CVS) will stop

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Nike Yet To Renew Franchise Agreements In Russia: Report

Nike Inc (NYSE:NKE) has not renewed agreements with its largest franchisee in Russia, Reuters reported, quoting Vedomosti daily newspaper. The U.S. sportswear maker suspended its Russia operations temporarily in March due to Russia's invasion of Ukraine. The head of Inventive Retail Group (IRG), which operates Nike-branded stores in Russia, reportedly said Nike…

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Caleres Q1 Earnings Beat Street View, Raises FY22 Outlook

Caleres Inc (NYSE:CAL) reported first-quarter FY22 sales growth of 15.1% year-over-year to $735.12 million, beating the consensus of $677.28 million. Net sales in the Famous Footwear segment declined 3.4% Y/Y, and the Brand Portfolio segment rose 46.1%. The gross profit increased 19% Y/Y to $327 million, with the margin expanding 144 points to…

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21 Stocks Moving in Wednesday's Pre-Market Session

Gainers The Singing Machine Company, Inc. (NASDAQ: MICS) shares rose 47.3% to $4.05 in pre-market trading.

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A Peek Into The Markets: US Stock Futures Edge Lower; Fed Minutes In Focus

Pre-open movers

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71 Biggest Movers From Yesterday

Gainers CynergisTek, Inc. (NYSE: CTEK) shares surged 100% to close at $1.18 on Tuesday after the company entered into a definitive agreement to be acquired by Clearwater Compliance for roughly $17.7 million.

Benzinga

Snapchat Has An Apt Filter For Investors 'Shook' By Its Stock Crashing

Snap Inc (NYSE: SNAP), the parent of Snapchat, saw its shares plummet a whopping 43.1% on Tuesday, bringing down the Nasdaq with it. Investors may discover that the multimedia messaging app has just the right filters for them to express their feelings.

Benzinga

Did Terra (LUNA) Have A 'Kill Switch?' Why Do Kwon's Comments From 2021 Are Going Viral

A video of Terra (CRYPTO: LUNA) founder Do Kwon describing a “kill switch” for Terraform Labs has resurfaced and is going viral on Twitter Inc (NYSE: TWTR)'s social media platform.

Benzinga

Blink And Miss: PlayStation 5 Restocking Doesn't Last Long

Sony Group Corporation (NYSE: SONY) provided ardent gaming fans with an enticing offer and it appears that consumers were quick to lap it up.

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5 Stocks To Watch For May 25, 2022

Some of the stocks that may grab investor focus today are:

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Cathie Wood Continues To Show Faith In Bitcoin, Ethereum: Loads Up On 2 Crypto-Linked Stocks

Cathie Wood-led Ark Investment Management on Tuesday scooped up more shares in cryptocurrency-linked companies Coinbase Global Inc (NASDAQ: COIN) and Block Inc (NYSE: SQ) on the dip. &

Benzinga

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'Are You Serious?' Alibaba Exec Draws Flak Over Highlighting New Tech To Track What Individuals Are Eating, Where They Are Traveling

An Alibaba Group Holding Ltd. (NYSE: BABA) executive faced flak after his individual carbon footprint tracker comments at the World Economic Forum (WEF) summit in Davos, Switzerland.

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Why Alibaba, Nio And Other Stocks Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Wednesday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu Inc (NASDAQ: <

Benzinga

Cathie Wood Laps Up $16M In Tesla, Marking 2nd Straight Buy As Stock Slumps Another 7%

Cathie Wood-led Ark Invest scooped up more shares in Tesla Inc (NASDAQ: TSLA) on Tuesday, a day after the money managing firm resumed buying shares in the Elon Musk-led company.

Benzinga

$1000 Invested In Archer-Daniels Midland 20 Years Ago Would Be Worth This Much

Archer-Daniels Midland (NYSE:ADM) has outperformed the market over the past 20 years by 2.68% on an annualized basis producing an average annual return of 9.4%. Currently, Archer-Daniels Midland has a market capitalization of $49.41 billion.

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Analyst Ratings for Sunnova Energy Intl

Analysts have provided the following ratings for Sunnova Energy Intl (NYSE:NOVA) within the last quarter:

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Why Bill Ackman's Got A Bone To Pick With The Fed

One hedge fund manager took to Twitter Inc (NYSE: TWTR) on Tuesday to express serious inflation concerns and the potential consequences of inaction.

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Toll Brothers Shares Soar Afterhours On Solid Q2 Results Beat

Toll Brothers Inc (NYSE:TOL) reported second-quarter revenue increased by 18% year-over-year to $2.28 billion, beating the consensus of $2.06 billion. EPS was $1.85, above the consensus of $1.54. The gross margin of home sales improved to 24.1% from 21.9% in 2Q21. The adjusted margin was 26.1% versus 24.4%. The operating income increased…

Benzinga

Why Nordstrom Stock Is Rising Afterhours Today

Nordstrom, Inc. (NYSE: JWN) reported first-quarter sales growth of 18.

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Norwegian Cruise Line And Caesars Entertainment Lead The S&P 500 Lower: Today's Winners And Losers

U.S. indices finished Tuesday's trading session lower amid a continued sell-off in stocks.

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Wells Fargo Lists Its Picks In the Fintech Universe - See Which Stocks Made the Cut

Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc (NYSE: WEX), FleetCor Technologies, Inc (NYSE: FLT), Fidelity National Information Service

Benzinga

Piper Sandler Lists What Could Go Right For Bill.Com

Piper Sandler analyst Brent Bracelin maintained Bill.Com Holdings, Inc (NYSE:BILL) with an Overweight and lowered the price target from $300 to $205 (92.4% upside). After six months of fielding investor questions, Piper Sandler published a new 'what could go right?' report series. The report involved in-person meetings with senior leadership to understand better how different cloud business…

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