The Latest Breaking News from NYSE

Late investor Jim Simons‘ fund, Renaissance Technologies LLC, executed a major shake-up of its technology holdings in the second quarter, doubling down on streaming and consumer electronics while completely exiting major chipmaker stocks.

Editor's Note: This article has been updated to clarify details of Uber's EV incentive program.

Advanced Micro Devices, Inc. (NYSE:AMD) shares are trading higher on Wednesday. The company recently reported its earnings. But the move may have temporarily stalled out. The stock has run into resistance at a former peak.

Ryde Group Ltd. (NYSE:RYDE) has joined forces with Concorde International Group Ltd. (NASDAQ:CIGL) in a strategic collaboration set to expand job opportunities for drivers in Singapore’s facilities management and security services sector.

Brinker International, Inc. (NYSE:EAT) will release earnings results for the fourth quarter before the opening bell on Wednesday, Aug. 13.

Global electric vehicle sales grew over 21% year-on-year in July and crossed 10.7 million units sold globally, a 27% year-to-date increase as China continues to be in the driver's seat of global EV growth.

International Business Machines Corp. (NYSE:IBM), Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google, Amazon.com Inc. (NASDAQ:AMZN) and Microsoft Corp. (NASDAQ:MSFT) are intensifying their pursuit of industrial-scale quantum computers, with recent breakthroughs bringing the decades-old dream within reach by 2030.

Resideo Technologies, Inc. (NYSE:REZI) ended its long-standing Honeywell International Inc. (NASDAQ:HON) indemnification with a $1.59 billion buyout, removing a major overhang and clearing the way for cleaner earnings and an ADI Global separation.

Ford Motor Co. (NYSE:F) has issued a recall for over 103,000 F-150 pickup trucks, manufactured between 2023-2025, with a damaged rear axle bolt.