Investors looking for all of the hottest stock market news are in the right place. TipRanks is home to the latest stock market stories worth reading about on Wednesday!
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- Cracker Barrel (CBRL) stock rebounded after the company revoked plans to change its logo.
- Nio (NIO) stock gained alongside positive analyst ratings ahead of its Q2 earnings report.
- Cathie Wood’s ARK Invest ETFs (exchange-traded funds) increased their stakes in CRISPR Therapeutics (CRSP) and Intellia Therapeutics (NTLA).
- NovaBay Pharma (NBY) stock underwent a massive rally after it announced a special one-time cash dividend.
- UnitedHealth (UNH) stock slipped after the Department of Justice expanded its criminal probe.
- Azitra (AZTR) stock rocketed higher following a clinical trial update.
- Newmont Mining (NEM) stock lost its luster alongside reports of job cuts.
- Kohl’s (KSS) stock rallied after the company surprised investors with an earnings beat.
- Disney (DIS) has kicked up a legal battle with EchoStar’s (SATS) Dish Network over its Sling TV bundles.
- Abercrombie & Fitch (ANF) stock was in the news after it posted Q2 results that were just above estimates.
- ByteDance, the owner of TikTok, saw its valuation reach $330 billion.
- Aspen Insurance (AHL) stock surged after it agreed to be acquired by Japan’s Sompo Holdings for $3.5 billion.
- PayPal (PYPL) stock slipped on reports of bank freezes in Germany due to fraud complaints.
- Cronos (CRO) surged after Trump Media and Technology Group (DJT) picked it for a new crypto strategy.
- Home Depot (HD) stock rose after the largest-ever theft scam targeting the retailer was busted.
- Canada Goose (GOOS) stock experienced a major rally alongside reports it will be taken private.
- Circle (CRLC) announced a new partnership to enhance cross-border payments.
- Advanced Micro Devices (AMD) stock held steady alongside reports of a new graphics processing unit (GPU).
- Target (TGT) stock was up as one retail expert said it needed “a little kick in the ass.”
- Walmart (WMT) plans to offer AI tools to sellers to boost its e-commerce business.
- Apple (AAPL) has teamed up with TuneIn to expand its music streaming exposure.
- Apple stock also gained alongside new rumors about its upcoming iPhone.
- Eli Lilly (LLY) stock received an upgrade from HSBC analysts following a weight loss pill update.
- Amazon (AMZN) has revealed plans to expand its benefits to Whole Foods workers.
- Epic Games CEO Tim Sweeney defended Unreal Engine 5 and blamed developers for poor optimization.
Read more of the biggest stock market stories at TipRanks!