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The Latest Breaking News from NYSE

Clorox Claims Cognizant Handed Credentials To Hacker, Ignored Security Protocols (UPDATED)

Editor’s Note: The story has been updated with statement from Cognizant

Benzinga

Americans Are Turning To DIY Weight Loss Injections to Dodge $1,000+ Monthly Drug Costs

Demand for glucagon-like peptide-1 weight-loss drugs — such as Ozempic, Zepbound and Wegovy — coupled with limited insurance coverage has fueled a risky but growing “gray” market for purchasing active ingredients from China, Reuters reported recently.

Benzinga

Bill Ackman Supports Capital Reform That Could Bring Fannie And Freddie Back To NYSE

Hedge-fund billionaire Bill Ackman has voiced his support for a proposal to restructure the capital requirements of government-sponsored enterprises (GSEs), Federal National Mortgage Association (OTC:FNMA), Fannie Mae, and Federal Home Loan Mortgage Corporation (OTC:FMCC), Freddie Mac.

Benzinga

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Fiserv Stock Tumbles As Outlook Softens Despite Deal With TD

Fiserv, Inc (NYSE:FI) stock tumbled Wednesday after it reported fiscal second-quarter 2025 results.

Benzinga

Morgan Stanley Probed By FINRA Over Money Laundering Risks Tied To Wealth Clients, Foreign Politically Exposed Figures: Report

Morgan Stanley (NYSE:MS) is reportedly under investigation by the Financial Industry Regulatory Authority (FINRA) for potential money laundering risks associated with its clients.

Benzinga

Elon Musk 6 Months Ago Said SoftBank Doesn't Have The Money To Power $500 Billion Stargate Project — Now OpenAI Says 5GW With Oracle Will 'Exceed' The 'Initial' Commitment Made With Trump

Oracle Corporation (NYSE:ORCL) has partnered with OpenAI to expand the Stargate data center capacity in the U.S. by 4.5 gigawatts. This strategic investment aims to bolster the U.S.’s AI leadership and foster industrial growth.

Benzinga

AT&T's Discount Bundles Fuel Subscriber Gains, Tax Savings To Supercharge Fiber Expansion

ATT Inc. (NYSE:T) announced strong financial results for its fiscal second quarter of 2025 on Wednesday, surpassing analyst expectations for both revenue and earnings.

Benzinga

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PNC, Coinbase Partnership Aims To Revolutionize Crypto Banking Infrastructure

PNC Financial Services Group, Inc. (NYSE:PNC) unit PNC Bank and Coinbase Global Inc. (NASDAQ:COIN) announced on Tuesday a strategic alliance to broaden secure cryptocurrency offerings and extend banking services for retail and institutional clients.

Benzinga

Stock Of The Day: Turning Point For Coterra Energy?

Could Coterra Energy Inc. (NYSE:CTRA) be on the brink of a surprising turnaround? As the stock approaches a key support level, traders are watching closely for signs that history might repeat itself in favor of a bullish reversal.

Benzinga

How To Earn $500 A Month From AT&T Stock Ahead Of Q2 Earnings

ATT Inc. (NYSE:T) will release earnings results for the second quarter, before the opening bell on Wednesday, July 23.

Benzinga

Is KBR About To Land An $8 Billion Indonesia Deal?

Indonesian Economic Minister Airlangga Hartarto reportedly told business leaders during a closed-door briefing on Monday that sovereign wealth fund Danantara plans to finalize an $8 billion engineering, procurement, and construction agreement with KBR Inc. (NYSE:KBR) to build 17 modular refineries.

Benzinga

JPMorgan Chase Shakes Up Quantum Computing Division, Recruits State Street's Rob Otter As Marco Pistoia, Charles Lim Exit

JPMorgan Chase Co. (NYSE:JPM) has revamped the leadership of its internal research group, responsible for quantum computing and other advanced technologies. The bank has appointed a former State Street Corp. (NYSE:STT) executive to lead the team.

Benzinga

Worried About A Recession? These 10 States Have The Strongest, Most Recession-Proof Economies

As we reach the midpoint of the year, recession fears are slowly abating. In May, J.P.Morgan lowered the probability of a recession occurring in 2025 from 60% to 40%. However, it still warned that a period of subpar growth could lie ahead, especially if tariffs remain high.

Benzinga

American Airlines Leverages Mastercard Analytics For New Era Of Customized Travel Rewards

American Airlines Group Inc. (NASDAQ:AAL) has extended its decades-long partnership with Mastercard Inc. (NYSE:MA), naming it the exclusive payment network for its co-branded AAdvantage credit cards. The renewed agreement aims to deliver more personalized travel benefits and enhanced digital payment capabilities.

Benzinga

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Verizon Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Verizon Communications Inc. (NYSE:VZ) will release earnings results for the second quarter, before the opening bell on Monday, July 21.

Benzinga

In-N-Out Billionaire Owner Lynsi Snyder Moves Family And HQ To Tennessee, Citing California's Regulations: 'Doing Business Is Not Easy Here'

The billionaire owner of the iconic burger chain In-N-Out, Lynsi Snyder, has announced that she is relocating her family and the company’s headquarters from California to Tennessee. Snyder cited the challenges of doing business and raising a family in California as the primary reasons for the move.

Benzinga

NYU Professor Warns Companies Against Moving Cash Into Bitcoin — Unless You're Strategy, PayPal, Or A Meme Stock: 'This Is A Bad Idea'

NYU finance professor Aswath Damodaran is urging caution regarding corporate Bitcoin holdings, which have gained traction in recent years, with just four notable exceptions.

Benzinga

Jack Dorsey's Block, With Over $1 Billion In Bitcoin Holdings, Set To Join S&P 500 — Shares Pop 8% In Overnight Trading

Block, Inc. (NYSE:XYZ) shares are soaring in overnight trading on Sunday ahead of the SP 500 debut of the Jack Dorsey-founded fintech company.

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Benzinga

A League Of His Own—Blackstone Bigwig Becomes First Person To Own Stake In Teams All 5 Major U.S. Men's Sports Leagues

There is a long tradition of high-profile businessmen owning professional sports franchises, but Blackstone (NYSE: BX) executive David Blitzer has taken that trend to a new level. According to Business Insider, Blitzer is the first person to own an equity share of a team in all five major U.S. men's…

Benzinga

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

In a pivotal moment for the energy sector, Chevron Corporation‘s (NYSE:CVX) has won a dispute with Exxon Mobil Corporation (NYSE:XOM) over Hess Corp’s (NYSE:HESS) offshore oil assets in Guyana.

Benzinga

Palmer Luckey Says 'There's A Chance' Anduril Launches American-Made Computers Soon, Rules Out Chance Of A Humanoid Robot

Anduril Industries founder Palmer Luckey says his defense‑tech company may one day launch an American‑made line of personal computers, reviving a capability that faded after giants such as Dell Technologies Inc. (NYSE:DELL) shuttered U.S. plants in the 2000s.

Benzinga

Apple's $500 Million Rare Earth Deal With MP Materials Pushes Deutsche Bank To Triple Price Target — Analyst Says Catalyst 'Priced In'

Deutsche Bank has significantly raised its stock price target for MP Materials Corp. (NYSE:MP) following a strategic investment from the Defense Department and a substantial contract with Apple Inc. (NASDAQ:AAPL).

Benzinga

Uber-Lucid Robotaxi Deal 'A Forced Marriage' By The Saudis, Says Ross Gerber — Slams It As A 'Weak Response' To Waymo, Tesla

Former Tesla Inc. (NASDAQ:TSLA) bull Ross Gerber is pushing back against a reported partnership between rideshare service Uber Technologies Inc. (NYSE:UBER) and automaker Lucid Group Inc. (NASDAQ:LCID).

Benzinga

Union Pacific Eyes $60 Billion Norfolk Southern In Railroad Mega-Merger

Union Pacific Corp. (NYSE:UNP) is in early-stage discussions to acquire Norfolk Southern Corp. (NYSE:NSC), sources said Thursday, in what would amount to a major merger within the railroad industry.

Benzinga

Stock Of The Day: Breakout In Johnson & Johnson

Johnson Johnson (NYSE:JNJ) stalled out at resistance around the $165 level. There tends to be resistance at price levels that had previously been resistance. As you can see on the chart below, that's the case here. This level was also resistance in March.

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