The Latest Breaking News from NYSE

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 48 strange trades.

Upgrades

Reuters US Lawmakers Plan Hearing On Kroger, Albertsons' $25B Merger

Passive income is about producing income from a source other than an employer or contractor. The Internal Revenue Service (IRS) identifies passive income as stemming from either rental property or a non-participatory business or investment such as book royalties or stock dividends.

Investors seeking income are often attracted to high-yielding dividend stocks. With recent sell-offs on real estate investment trust (REIT) stocks, many of them now sport much higher yields than a year ago.

The U.S. index futures point to a higher opening by stocks on Wednesday following the strong runup seen in the previous two sessions.

Gainers SenesTech, Inc. (NASDAQ: SNES) shares rose 65.8% to $0.3847 in pre-market trading after declining over 3% on Tuesday.

Pre-open movers U.S. stock futures traded mixed in early pre-market trade on Wednesday after closing higher in the previous session. The Dow Jones jumped by more than 300 points on Tuesday extending gains from Monday.

Gainers COMSovereign Holding Corp. (NASDAQ: COMS) shares jumped 170.1% to close at $0.1194 on Tuesday after gaining 4% on Monday.

“Deterioration in market conditions, a bloated cost structure, and high cash burn” are causing Wedbush analysts to foresee a darker future for used car dealer Carvana Co. (NYSE: CVNA).

The major real estate investment trusts (REITs) started to rally after the Oct. 13, 2022, consumer price index report from the U. S. Bureau of Labor Statistics, despite the slightly hotter-than-expected September inflation number of 8.2% year-over-year figure versus the expected 8.1% year-over-year. The previous month had come in at…