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The Latest Breaking News from NYSE

Alibaba's Cloud Was Born Out Of 'Necessity,' Says Chairman Joe Tsai — Dependence On US Vendors Threatened 'All Of Our Profits'

Speaking at the HKU Business School Edward K Y Chen Distinguished Lecture, Alibaba Group Holdings (NYSE:BABA) chairman Joe Tsai said the company built its cloud business out of urgent need—not strategy—as rising reliance on U.S. technology vendors put its future profitability at risk.

Benzinga

Auto Industry Faces 'EV Winter' Amid Policy Shifts and Supply Chain Woes

The US auto industry is currently facing a myriad of obstacles that are posing a threat to the expansion of electric vehicles (EVs). Changes in policy, tariffs, and disruptions in the supply chain have automakers worried about a “winter” for EVs, compelling automakers to rethink their strategies, with a renewed…

Benzinga

Uber CEO Dara Khosrowshahi Says The App Will Offer High-Paying AI Gigs To Drivers And PhDs, Calling It 'A Platform For Work'

Uber Technologies Inc. (NYSE:UBER) is turning its app into more than a ride or delivery tool — it's becoming a gateway to high-paying AI jobs.

Benzinga

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SEC Opens Civil Probe Into Jefferies Over $12B First Brands Collapse

The U.S. Securities and Exchange Commission is investigating Jefferies Financial Group Inc. (NYSE:JEF) over whether the investment bank adequately informed investors about its exposure to First Brands Group, the now-bankrupt car parts supplier whose collapse triggered widespread scrutiny across the private credit sector.

Benzinga

Black Friday 2025: 2 Retail Stocks That Louis Navellier Recommends This Holiday Season

As Black Friday is here, investors are sifting through a mixed macroeconomic picture marked by conflicting signals on inflation and consumer resilience. While the broader market anticipates a holiday spending surge, Louis Navellier, founder and CIO of Navellier Associates, is advocating for a highly concentrated portfolio strategy.

Benzinga

10 Retail Stocks To Watch As Holiday Season Begins

With Thanksgiving just hours away, investors are bracing for the most pivotal stretch of the retail calendar, as Black Friday launches a high-stakes holiday season shaped by shifting consumer behavior, sticky inflation and growing divides in household spending — factors likely to separate retail stock winners from losers.

Benzinga

Grayscale Dogecoin ETF Logs The First $1.8M Inflow As Bitwise Launches Rival DOGE ETF

Bitwise launched its new Dogecoin (CRYPTO: DOGE) ETF on Wednesday, while Grayscale's Dogecoin ETF (NYSE:GDOG) finally posted $1.80 million in inflows after a flat debut.

Benzinga

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3 Stocks at Fresh 52-Week AND Record Highs to Buy Now

Both the NYSE and Nasdaq had more stocks hitting new 52-week highs than lows yesterday. Among the many choices were three stocks also hitting all-time highs. All three have the potential to maintain momentum in the near and long term.

Barchart

Medicare Announces Price Cuts For 15 Drugs— Novo Nordisk's Wegovy And Ozempic To Cost $274 A Month

The U.S. Centers for Medicare and Medicaid Services (CMS) on Tuesday announced that it has secured lower prices for 15 of its highest‑cost medications, resulting in substantial annual savings on prescription expenses.

Benzinga

Alibaba's Cloud, E-Commerce Engines Hit Full Throttle In Q2

Alibaba Group Holding (NYSE:BABA) shares climbed on Tuesday following its fiscal second-quarter results, as the e-commerce giant co-founded by Jack Ma reported revenue and earnings that exceeded analyst expectations.

Benzinga

Taiwan Semiconductor Doubles Down On 2nm Chips As AI Frenzy Fuels Billion-Dollar Buildout

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is expanding its cutting-edge 2-nanometer facilities from seven to ten sites to meet the artificial intelligence frenzy.

Benzinga

Cathie Wood Drops $32 Million On CoreWeave Stock, Buys Bitcoin Dip Via ARKB — Ark Invest Also Picks Shares Of This George Soros-Backed Company

On Monday, Cathie Wood-led Ark Invest executed significant trades, notably acquiring shares in CoreWeave Inc. (NASDAQ:CRWV), ARK 21Shares Bitcoin ETF (BTS: ARKB), Bullish (NYSE:BLSH), and Kodiak AI Inc. (NASDAQ:KDK). These trades reflect Ark’s strategic positioning in emerging technologies and digital assets.

Benzinga

Novo Nordisk's Stock Slump Shows The GLP‑1 Trade's Side Effect: ETF Concentration Risk

Novo Nordisk’s (NYSE:NVO) nearly 11% pre-market drop on Monday and subsequent 9% dip at market open, in the aftermath of disappointing topline results from its evoke/evoke+ Alzheimer’s trials, is more than a pipeline setback. It’s a stress test for healthcare ETFs that have quietly become GLP-1 momentum vehicles. With two…

Benzinga

Alibaba Q2 Preview: Qwen's 10 Million Milestone Highlights 'Historic Opportunities' In AI, Cloud

Chinese e-commerce giant Alibaba Group Holding (NYSE:BABA) could highlight the growth of its AI products and new initiatives when it reports second-quarter financial results on Tuesday before the market opens.

Benzinga

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Benzinga

Samsung's Chip Ramp-Up Revives Talk Of Closing The Taiwan Semiconductor Gap

Samsung Electronics Co., Ltd. (OTC:SSNLF) is accelerating its comeback in the chip manufacturing race, boosting 2-nanometer output and winning major new clients in a push to narrow its long-standing gap with Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE:TSM).

Benzinga

Tyson Foods To Shut Down Major Beef Plant In Nebraska Weeks After Trump Launched Probe On Meatpackers

Tyson Foods Inc. (NYSE:TSN) has announced the closure of its beef plant in Lexington, Nebraska, to “position” itself for long-term success.

Benzinga

On Running Shoes Won't Be Running Black Friday Deals Despite 'Price-Competitive Environment'

Swiss footwear company On Holding (NYSE:ONON) will offer no Black Friday deals in an effort to solidify itself as a premium brand, company officials recently said.

Benzinga

Consumer Tech News (Nov 17-21): U.S. Jobs Surge in September, Trump Considers Delaying Semiconductor Tariffs & More

The U.S. labor market posted an unexpectedly strong rebound in September, reviving growth optimism and casting fresh uncertainty over whether the Federal Reserve will deliver another rate cut in December.

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news in one place.

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Benzinga

Walmart Looks Ready To Win The Holidays And Carry Strength Into 2026

Walmart Inc. (NYSE:WMT) stock fell Friday even after the retail giant topped quarterly profit expectations and lifted its outlook for the year ahead.

Benzinga

GSK Unit Tesaro Sues AnaptysBio, Threatening Key Cancer Drug Jemperli Royalties

GSK plc (NYSE:GSK) subsidiary, Tesaro Inc., has initiated litigation against AnaptysBio, Inc. (NASDAQ:ANAB) in the Delaware Chancery Court.

Benzinga

MDU Resources Unveils $3.4 Billion Plan To Transform Energy Infrastructure

MDU Resources Group, Inc. (NYSE:MDU) laid out a $3.4 billion capital investment roadmap covering 2026 through 2030.

International Business Times UK

Walmart Nasdaq Move Sends Walmart Stock Soaring Amid AI Hype

Walmart posted strong Q3 fiscal 2026 results and announced its move to the tech-heavy Nasdaq.

Benzinga

Walmart Makes Historic Move To Join NASDAQ In Tech-Forward Retail Push

Walmart Inc. (NYSE:WMT) has made a historic move by transferring its listing from the New York Stock Exchange (NYSE) to the NASDAQ on Thursday, citing a tech-focused strategy and the role of artificial intelligence (AI) in its operations.

Benzinga

Cathie Wood Dumps AMD Shares, Loads Up On Nvidia With $17 Million Buy Amid Earnings Buzz: Ark Scoops Up These Crypto Stocks As Bitcoin, Ethereum Crash

On Thursday, Cathie Wood-led Ark Invest executed significant trades, including buying shares of Nvidia Corp (NASDAQ:NVDA) and selling shares of Advanced Micro Devices Inc. (NASDAQ:AMD) . Ark also purchased shares of Bitmine Immersion Technologies Inc, (NYSE:BMNR), Bullish (NYSE:BLSH) and Circle Internet Group Inc. (NYSE:CRCL).

Benzinga

ZIM Q3 Revenue Falls On Lower Freight Rates Amid Global Trade Volatility

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) reported a third-quarter sales decline of 36% year over year (Y/Y) to $1.78 billion, beating the consensus of $1.77 billion.

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