The Latest Breaking News from NYSE

Alibaba Group Holdings, Ltd (NYSE: BABA) opened lower on Wednesday but surged over 7% off the open at one point intraday to trade up about 3.8% off Tuesday's closing price.

A whale with a lot of money to spend has taken a noticeably bullish stance on Marathon Petroleum. Looking at options history for Marathon Petroleum (NYSE:MPC) we detected 11 strange trades.

U.S. electric vehicle (EV) manufacturer Fisker Inc. (NYSE: FSR) stock has had its ups and downs in the past two-years. Shares peaked at $31.96 highs in March of 2021 and fell as low as $7.95 in June of 2022.

In general, real estate investment trusts (REITs) are failing to beat the market as a whole so far this year. 

Exxon Mobil Corporation (NYSE: XOM) was trading flat on Wednesday after a big bullish day on Tuesday saw the stock gap up 1.53% and rally an additional 2.56% intraday.

Gainers Bright Minds Biosciences Inc. (NASDAQ: DRUG) shares jumped 77% to $2.35. Bright Minds priced overnight marketed offering of 2.858 million units at $1.40 per unit.

In uncertain times, investors often gravitate toward income-producing stocks. While it’s difficult to forego the opportunity for substantial appreciation that non-dividend stocks provide, the tradeoff for income stocks is reduced risk on the downside, as well as the regular monthly or quarterly dividend.

U.S. stocks extended gains midway through trading, with the Dow Jones gaining more than 100 points on Wednesday.

Wedbush analyst Alicia Reese maintains AMC Entertainment Holdings Inc. (NYSE: AMC) with an Underperform rating and lowered the movie theater chain's price target from $4 to $2.