The Latest Breaking News from NYSE

In perhaps a sign that incremental progress on federal cannabis reform is afoot, some Wall Street analysts are increasingly coming around on the idea that reform can happen this year. Cantor Fitzgerald analyst Pablo Zuanic, a noted skeptic on SAFE Banking, now believes the legislation has a real chance of…

Speaker of the House Nancy Pelosi made headlines this week with a highly scruntinized visit to Taiwan, a move that led to crisis control from the White House and affect relations between China and the U.S. going forward.

Meta Platforms Inc (NASDAQ: META) has asked several banks to set up investor meetings for what would be the company's first-ever bond sale. Shares of Facebook's parent company appear to be responding well to the news. 

Gainers Helius Medical Technologies, Inc. (NASDAQ: HSDT) shares jumped 167% to $1.72 after dropping 13% on Tuesday.

Shares of Tupperware Brands Corporation (NYSE: TUP) gained 36% on Wednesday, while shares of SoFi Technologies Inc (NASDAQ: SOFI) jumped 24% after the two companies reported better-than-expected second-quarter earnings num

Safehold (NYSE: SAFE) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.

Brink's (NYSE: BCO) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.

U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 350 points on Wednesday.

Someone with a lot of money to spend has taken a bullish stance on Uber Technologies (NYSE:UBER). 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.

 

GameStop Corp. (NYSE: GME) was trading slightly higher in the premarket on Wednesday after regaining the 200-day simple moving average (SMA) on Tuesday.