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The Latest Breaking News from NYSE

OpenAI's Unprecedented Cash Burn Poses Massive Challenge To $300 Billion Oracle Deal: 'No Company In History Has Ever…'

The future of OpenAI has been thrown into uncertainty as the company reportedly lacks the funds to honor its $300 billion deal with Oracle Corporation (NYSE:ORCL).

Benzinga

Oracle 'Will Reshape Industries And Change The World': Gene Munster On What OpenAI Deal Means

Gene Munster says Oracle Corp‘s (NYSE:ORCL) $300 billion deal with OpenAI highlights just how early the company—and others—are in the AI race, sending shares soaring last week despite a quarterly report that missed Street estimates.

Benzinga

Stock Of The Day: Will Occidental Petroleum Break Out Of Triangle Pattern?

Trading in Occidental Petroleum Corporation (NYSE:OXY) is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it.

Benzinga

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Agri-Science Giant Corteva Eyes Breakup To Shield Seed Unit From Future Risks: Report

Corteva Inc. (NYSE:CTVA) is reportedly considering a major restructuring that would split its seed and pesticide operations into two separate entities. The pure-play agriculture company, valued at roughly $50 billion, could announce its plans soon if negotiations stay on track.

Benzinga

XPeng Joins Forces With Magna To Build EVs In Austria

XPeng Inc. (NYSE:XPEV) has partnered with Magna International Inc. (NYSE:MGA) to assemble two electric vehicle models in Europe.

Benzinga

Gold Miners Cut Direct Emissions, But ESG Intensity Worsens, Report

Global gold producers cut combined Scope 1 and 2 greenhouse-gas emissions to below 30-million tons of CO₂ equivalent in 2024, the lowest level in a decade. With gold prices reaching fresh all-time highs, the environmental, social, and governance (ESG) awareness for the mining sector is one of the metrics in…

Benzinga

Lockheed Martin Counters Boeing's F-47 Victory With Cost-Effective F-35 Upgrade Using Sixth-Gen Technology

Lockheed Martin Corp. (NYSE:LMT) is countering Boeing Co.‘s (NYSE:BA) F-47 sixth-generation fighter victory with a cost-effective F-35 upgrade using sixth-generation technology.

Benzinga

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Tariffs Loom, But US Auto Dealers Hold Firm: Watch Lithia & Driveway And AutoNation

With tariff headwinds building and EV credits rolling off, U.S. Franchise Auto Dealerships maintain solid momentum on disciplined OEM pricing and balanced inventories; investors often gravitate to Lithia Driveway (NYSE:LAD) and AutoNation (NYSE:AN).

Benzinga

AT&T Joins Forces With Gigs to Launch Embedded Phone Plans

Gigs, a mobile services platform, announced Friday a strategic alliance with ATT Inc. (NYSE:T), the nation’s largest wireless network.

Benzinga

Popular AMC Series Like Orphan Black And Walking Dead Spin‑Offs Coming To Netflix (CORRECTED)

Editor’s Note: The original story incorrectly tagged AMC Entertainment ticker instead of AMC Networks

Benzinga

Crane NXT Moves To Acquire Antares Vision In Bold Expansion Push

Crane NXT Co. (NYSE:CXT) said Friday it reached an agreement to acquire a stake in Antares Vision S.p.A., (OTC:ANTVF) with plans to take the Italian technology firm private. The move expands Crane NXT’s reach into life sciences and food and beverage markets.

Benzinga

Kroger Q2 FY2025 Earnings Call Transcript

Kroger Company (NYSE:KR) shares traded higher on Thursday after reporting second-quarter earnings. The company reported second-quarter adjusted earnings per share of $1.04, beating the analyst consensus estimate of 99 cents. Quarterly sales of $33.94 billion, marginally missing the consensus view of $34.102 billion. Below are the transcripts from the Q2 earnings call. This…

Benzinga

De Minimis Shock Morphs Into De Majoris Challenge For UPS And FedEx

United Parcel Service Inc. (NYSE:UPS) and FedEx Corp. (NYSE:FDX) are bracing for fresh turbulence as the end of U.S. de minimis exemptions tightens trade flows, threatening parcel volumes and raising costs just as the critical peak shipping season approaches.

Benzinga

A Viral Video Shows Hailey Bieber Recreating A Fitting Legally Blonde Scene After Major Life Update, And Fans Are Loving It

OK, Elle Woods!

Cinemablend

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Benzinga

Disney Delays Debut Of First Asia Cruise Ship After Last Minute Setbacks

Walt Disney Co. (NYSE:DIS) has delayed the inaugural voyage of its first Asia-based cruise ship, the Disney Adventure, by three months, citing shipbuilding setbacks. Originally scheduled to sail from Singapore on December 15, the ship will now launch on March 10, 2026.

Benzinga

Jamie Dimon's Protege Unveils $4 Billion FirstBank Deal In Bid To Build Trillion-Dollar Banking Giant

The PNC Financial Services Group Inc. (NYSE:PNC) CEO Bill Demchak announced a $4 billion acquisition of Colorado-based FirstBank on Monday, marking a strategic push toward his ambitious goal of creating a trillion-dollar banking giant.

Benzinga

Oracle Surges In After-Hours Trading After Popping 36%, Larry Ellison Briefly Becomes Richest Person

Oracle Corp. (NYSE:ORCL) shares are trending on Thursday.

Benzinga

PayPal Crypto Executive Steve Everett Calls Startup's Stablecoin-Powered Agent Network A 'Killer Combination' For Global Commerce

PayPal (NASDAQ:PYPL) is betting that a "killer combination" of stablecoins and blockchain-based infrastructure can unlock a new machine-driven economy.

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Benzinga

GM, Pilot And EVgo Lead Rollout of 200 Highway Fast-Charging Sites

EVgo Inc. (NASDAQ:EVGO) traded steady on Wednesday after Pilot Company and General Motors Co. (NYSE:GM) said their joint highway fast-charging buildout has surpassed 200 locations across nearly 40 states.

Benzinga

AI Stocks Rally, Oracle Rockets On Best Day Since 1992: What's Moving Markets Wednesday?

AI-linked stocks rallied Wednesday, fueled by investor optimism that artificial intelligence will power earnings growth after Oracle Corp. (NYSE:ORCL) revealed a massive backlog of AI-related orders.

Benzinga

Uber App To Feature Blade Air Mobility Services In Joby's Next Big Step

Joby Aviation Inc. (NYSE:JOBY) said it will partner with Uber Technologies Inc. (NYSE:UBER) to integrate Blade flights into the Uber app beginning in 2026. Joby shares rose after the announcement.

Benzinga

Wolverine Expands Jordan Davis Partnership With Bold Lifestyle Collection

Wolverine, a division of Wolverine World Wide, Inc. (NYSE:WWW), announced Wednesday it is strengthening its foothold in the lifestyle market through an expanded partnership with award-winning country singer Jordan Davis.

Benzinga

Tepper's 1,300% Leap Into UnitedHealth Stock Chaos Looked Crazy—Until It Didn't

David Tepper's bold second-quarter buying spree in UnitedHealth Group Inc. (NYSE:UNH) is already paying off. The billionaire hedge fund manager's Appaloosa Management increased its stake in the health insurance giant by a staggering 1,300% last quarter, turning a once-minor position into his fund's second-largest holding.

Benzinga

ExxonMobil Sees EU Locking In US LNG Supply Under $750 Billion Pledge

ExxonMobil (NYSE:XOM) expects the European Union to sign multi-decade contracts for U.S. liquefied natural gas as part of a $750 billion pledge to buy American energy by 2028, underlining Europe’s long-term focus on fossil fuels.

Benzinga

3 Real Estate Stocks Flash Strong Momentum Signals As Fed Is Expected To Cut Rates

As the Federal Reserve approaches a possible interest rate cut, several real estate stocks have shown exceptional momentum shifts, propelling them into the top 10% percentile bracket among their peers.

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