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The Latest Breaking News from NYSE

Mid-Day Market Update: Dow Edges Higher; Data Storage Shares Surge

U.S. stocks traded mixed midway through trading, with the Dow Jones gaining around 20 points on Monday.

Benzinga

Here's Why JPMorgan Upgraded Alibaba, Other Chinese Stocks Months After Calling Them 'Uninvestable'

JP Morgan Chase & Co (NYSE:JPM) upgraded multiple Chinese internet companies, including Alibaba Group Holding Limited (NYSE: BABA) and Tencent Holding Ltd (OTC: TCEHY), to Overweight, Bloomberg reports. JPM also upgraded shares of Meituan (OTC: MPNGY), NetEase, Inc (NASDAQ: NTES), and Pinduoduo Inc (NASDAQ: PDD). "Significant uncertainties facing the sector should begin to abate on the back of recent regulatory announcements," the firm added. Also Read: Alibaba And…

Benzinga

Why Clear Secure Shares Are Surging Today

Clear Secure, Inc (NYSE:YOU) reported first-quarter FY22 revenue growth of 79.1% year-on-year to $90.5 million, beating the consensus of $88.3 million. Clear Secure saw a continuation of the strong travel trends experienced in the fourth quarter, driving both membership growth and net retention, leading to better than expected Total Bookings growth. Total Cumulative…

Benzinga

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Check Out What Whales Are Doing With AMC

Someone with a lot of money to spend has taken a bullish stance on AMC Entertainment (NYSE:AMC). 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

Merck, Athenex Join Forces To Evaluate Oraxol/Keytruda Combo In Lung Cancer

Athenex Inc (NASDAQ:ATNX) announced a clinical trial collaboration and supply agreement with Merck Co & Inc (NYSE:MRK). The agreement applies to the expansion phase of the Phase 1 clinical trial evaluating Athenex's oral paclitaxel combined with Merck's Keytruda (pembrolizumab) for certain NSCLC patients. The agreement will support the trial's expansion phase to investigate further the…

Benzinga

41 Stocks Moving In Monday's Mid-Day Session

Gainers Data Storage Corporation (NASDAQ: DTST) shares jumped 51.1% to $3.4750 after the company reported better-than-expected Q1 financial results.

Benzinga

eBay, FedEx Extend Alliance In Canada - Read Why

eBay Inc (NASDAQ:EBAY) and FedEx Corp (NYSE:FDX) extend their alliance in Canada for shipping labels platform integration. The partnership will enable Canadian sellers to access FedEx shipping services directly through eBay Labels. "With this extended FedEx alliance, we're making shipping even easier and more cost-effective for our eBay sellers, which in turn allows them to…

Benzinga

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This Is What Whales Are Betting On Taiwan Semiconductor

Someone with a lot of money to spend has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). 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

4 Analysts Have This to Say About Nordstrom

Nordstrom (NYSE:JWN) has observed the following analyst ratings within the last quarter:

Benzinga

Peering Into Delta Air Lines's Recent Short Interest

Delta Air Lines's (NYSE:DAL) short percent of float has risen 17.14% since its last report. The company recently reported that it has 20.97 million shares sold short, which is 3.28% of all regular shares that are available for trading.

Benzinga

Analyst Ratings for Duke Realty

Duke Realty (NYSE:DRE) has observed the following analyst ratings within the last quarter:

Benzinga

Is Disney Bringing Back Johnny Depp To 'Pirates Of The Caribbean' Franchise? What You Need To Know

Walt Disney Co. (NYSE: DIS) has not released a film in its popular “Pirates of the Caribbean” franchise in five years, and the series’ producer Jerry Bruckheimer hinted a new entry may be on the horizon.

Benzinga

4 Bullish Catalysts Ahead For Nio

Nio Inc - ADR (NYSE: NIO) shares traded higher by 4% on Monday after one Wall Street analyst upgraded the stock. The Analyst: Bank of America analyst Ming Hsun Lee upgraded Nio from Neutral to Buy and raised his price target from $25 to $26.

Benzinga

What's Going On With Alibaba Stock Today?

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading slightly lower despite a bullish call from JPMorgan on Monday.

Benzinga

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news in one place.

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Benzinga

This Is What Whales Are Betting On Unity Software

A whale with a lot of money to spend has taken a noticeably bearish stance on Unity Software. Looking at options history for Unity Software (NYSE:U) we detected 13 strange trades.

Benzinga

Bette Midler Panned For Breastfeeding Remark In Wake Of Baby Formula Shortage

Singer and actress Bette Midler received a round of boos on Twitter Inc (NYSE: TWTR) after volunteering the idea that American women impacted by the ongoing baby formula shortage turn to breastfeeding.

Benzinga

The Final Call: Time To Buy These Undervalued Stocks

On CNBC's "The Final Call," Carter Worth named Intuit Inc. (NASDAQ: INTU). Shares of the company have lost more than 40% year to date.

Benzinga

What 4 Analyst Ratings Have To Say About Mister Car Wash

Mister Car Wash (NYSE:MCW) has observed the following analyst ratings within the last quarter:

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news in one place.

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Benzinga

Check Out What Whales Are Doing With CVX

Someone with a lot of money to spend has taken a bullish stance on Chevron (NYSE:CVX). 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

What 8 Analyst Ratings Have To Say About Asana

Over the past 3 months, 8 analysts have published their opinion on Asana (NYSE:ASAN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Earnings Outlook For Sea

Sea (NYSE:SE) is set to give its latest quarterly earnings report on Tuesday, 2022-05-17. Here's what investors need to know before the announcement. Analysts estimate that Sea will report an earnings per share (EPS) of $-1.17.

Benzinga

Looking Into Valero Energy's Recent Short Interest

Valero Energy's (NYSE:VLO) short percent of float has fallen 8.06% since its last report. The company recently reported that it has 9.32 million shares sold short, which is 2.28% of all regular shares that are available for trading.

Benzinga

This Foreboding Sign Looms Over Robert Half International's Chart

If history is any guide, there may be trouble ahead for shares of Robert Half International (NYSE:RHI). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

This Foreboding Sign Looms Over HCA Healthcare's Chart

If history is any guide, there may be trouble ahead for shares of HCA Healthcare (NYSE:HCA). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

This Foreboding Sign Looms Over Boston Scientific's Chart

If history is any guide, there may be trouble ahead for shares of Boston Scientific (NYSE:BSX). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

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