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The Latest Breaking News from NYSE

GM Lays Off Nearly 3,400 Workers Across EV Plants Amid $1.6 Billion Charge: Report

General Motors Co. (NYSE:GM) has reportedly laid off close to 3,400 workers at its production facilities in Ohio and Michigan as the company scales back EV efforts.

Benzinga

S&P 500 Tops 6,900 Ahead Fed Rate Move, Gold Reclaims $4,000: What's Moving Markets Wednesday?

A powerful surge in AI-related stocks — led by a 9% advance in NVIDIA Corp. (NASDAQ:NVDA) over the past two sessions — propelled the SP 500 above the 6,900 mark and lifted the Nasdaq 100 to 26,100 points, both breaking new records, as investors brace for the Federal Reserve's highly…

Benzinga

Three NYSE Stocks at 52-Week Lows That Look Worth a Closer Look

Fifty NYSE stocks hit new 52-week lows on Tuesday compared to 114 52-week highs. With the cyclically adjusted price-earnings multiple (CAPE) above 40 for only the second time in the past 25 years, these three stocks look promising.

Barchart

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Phillips 66 Q3 Earnings Beat, Record Refining Utilization At 99%

Phillips 66 (NYSE:PSX) shares traded higher premarket on Wednesday after the company delivered a strong third-quarter performance, surpassing Wall Street forecasts.

Benzinga

VZ Stock Update: Verizon Shares Rise Despite Revenue Miss; New CEO Signals Turnaround Effort

Verizon Communications Inc. (NYSE: VZ) shares edged higher Wednesday after the telecom giant reported stronger-than-expected third-quarter earnings and subscriber growth, even as revenue fell short of Wall Street expectations.

International Business Times

Cockroaches In The Vault? 3 Regional Banks Quality Scores Scurry Lower After Jamie Dimon's Warning

Three regional banks, once perched among the sector's strongest, have seen their quality rankings collapse into the bottom decile, just days after JPMorgan Chase Co. (NYSE:JPM) CEO Jamie Dimon warned of "cockroaches" lurking in U.S. credit markets.

Benzinga

Bloom Energy Stock Surges Nearly 17% In Wednesday Pre-Market: What's Going On?

Shares of Bloom Energy Corp (NYSE:BE) soared 16.83% in pre-market trading on Wednesday, after surpassing analyst expectations for the third quarter.

Benzinga

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Amazon, UPS And Intel Lead The Way With Layoffs: Consumer Confidence Takes A Beating As Thousands Of Jobs Face The Ax

There has been a surge in layoffs across leading U.S.-based companies in recent weeks, signaling growing stress and cracks in the domestic labor market.

Benzinga

Nvidia CEO Jensen Huang Delivers Stark Message In Washington — US Can't Win AI Battle By Shutting Out China's Developers: 'It Hurts Us More'

On Tuesday, Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang warned that the push to isolate China from advanced AI chips could go wrong.

Benzinga

Larry Ellison Saw His Bomber Pilot Father's Blind Trust As A Weakness And Learned Early On To Question Everything: Perfect Example Of 'How Not To Be'

Oracle Corp (NYSE:ORCL) co-founder Larry Ellison once revealed that his curiosity and skepticism have remained unchanged since childhood.

Benzinga

Stride Stock Plummets After Q3 Earnings Report: Here's Why

Stride, Inc. (NYSE:LRN) stock plunged after the company released its third-quarter earnings report after Tuesday's closing bell. Here's what to know:

Benzinga

Visa Q4 Earnings, Revenues Beat Estimates: Details

Visa, Inc. (NYSE:V) released its fourth-quarter earnings report after Tuesday's closing bell.

Benzinga

Amazon, UPS Slash Desk Jobs: AI Is Coming For Your Manager

Major corporations including Amazon.com, Inc. (NASDAQ:AMZN) and United Parcel Service, Inc. (NYSE:UPS) have recently announced significant layoffs, highlighting an accelerated shift toward AI-driven automation that is transforming corporate structures.

Benzinga

Options Corner: United Parcel Service's Earnings Beat Opens The Door For A Quick Strike

United Parcel Service, Inc. (NYSE:UPS) saw its share price pop dramatically higher, with the logistics giant delivering a resounding earnings beat and forward guidance. Obviously, the news has been baked into UPS stock, which has moved up about 8% during Tuesday's afternoon session. However, what's not so obvious is a…

Benzinga

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Benzinga

Labcorp Positioned For Gradual Upside With Resilient Margins And Dividend Support

Laboratory Corp (NYSE: LH) reported third-quarter 2025 adjusted earnings per share of $4.18 on Tuesday, up from $3.50 a year ago, beating the consensus of $4.18.

Benzinga

Nasdaq 100 Hits 26,000, Gold Falls Below $4,000: What's Moving Markets Tuesday?

Tech stocks are extending their rally into a fourth straight session on Tuesday, with the Nasdaq 100 climbing 0.7% by midday to reach a new record high of 26,000 points, as optimism builds ahead of key earnings and a widely expected Federal Reserve rate cut.

Benzinga

Ken Paxton Alleges Johnson & Johnson Misled Mothers On Tylenol Safety

Texas Attorney General Ken Paxton has filed a lawsuit against Johnson Johnson (NYSE:JNJ) and Kenvue Inc (NYSE:KVUE), accusing the companies of misleading pregnant women about the safety of Tylenol despite evidence suggesting its active ingredient, acetaminophen, may increase the risk of autism and attention disorders in children.

Benzinga

MSCI Clocks 9.5% Revenue Growth, Record Index And Analytics Sales Fuel Strong Quarter

MSCI Inc. (NYSE:MSCI) announced its fiscal 2025 third-quarter results on Tuesday.

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Benzinga

Sherwin-Williams Shines In Q3 Thanks To Strong Paint And Coatings Sales Despite Soft Demand

Sherwin-Williams Co (NYSE:SHW) shares are seeing blue skies on Tuesday after the company reported third-quarter FY25 results.

Benzinga

UPS CEO Promises Most Efficient Holiday Season Ever, Issues Strong Outlook

United Parcel Service, Inc. (NYSE:UPS) shares surged on Tuesday after the company announced third-quarter 2025 results that exceeded Wall Street estimates, signaling stronger operational momentum heading into the holiday season.

Benzinga

Jim Cramer Hails 'Nice Win' As AMD Inks $1 Billion AI Deal With US Department Of Energy

CNBC’s ‘Mad Money’ host Jim Cramer on Tuesday hailed a "nice win" for Advanced Micro Devices Inc. (NASDAQ:AMD) after the chipmaker secured a $1 billion partnership with the U.S. Department of Energy.

Benzinga

NHTSA Begins Probe Into 286,000 GM Trucks And SUVs Over Engine Failure Issue

NHTSA has announced it is launching a probe into thousands of General Motors Co. (NYSE:GM) trucks and SUVs over a possible engine failure issue.

Benzinga

Brookfield And Cameco Join US In $80 Billion Nuclear Push

Westinghouse Electric Company, Cameco Corporation (NYSE:CCJ), and Brookfield Asset Management (NYSE:BAM) stocks are trading higher premarket after the companies entered into a strategic partnership with the U.S. government to accelerate the construction of new nuclear reactors nationwide.

Benzinga

Taiwan Semiconductor Expands In Japan With New $14 Billion Chip Factory

Taiwan Semiconductor Manufacturing Co. Ltd.’s (NYSE:TSM) Japan arm, Japan Advanced Semiconductor Manufacturing (JASM), has signed an agreement with the government of Kikuyō Town in Kumamoto Prefecture to build its second wafer fabrication plant, which marks the start of construction.

Benzinga

'Merger Monday' Makes Comeback As US M&A Tops $80 Billion In 24 Hours

U.S. companies have struck more than $80 billion worth of deals in a span of 24 hours, in the latest sign that mergers and acquisitions (MA) are picking up after the tariff-induced cool-off earlier this year.

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