The Latest Breaking News from NYSE

Someone with a lot of money to spend has taken a bearish stance on JPMorgan Chase (NYSE:JPM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Gainers

The following real estate investment trusts (REITs) are interesting because each one bears a balance sheet not too different from those considered desirable in Benjamin Graham’s classic “The Intelligent Investor.” Graham, of course, is deemed the father of value investing and greatly influenced Warren Buffett, his student at Columbia University.

Wall Street Journal

One of the most well-known CEOs is having a rough year, with the stock of the company he founded losing more than half its value since the beginning of 2022. 

A Tesla Inc. (NASDAQ: TSLA) Megapack battery installed at utility PG&E Corporation’s (NYSE: PCG) California storage facility caught fire early on Tuesday, said reports.

Gainers Ampio Pharmaceuticals, Inc. (NYSE: AMPE) rose 17.8% to $0.0942 in pre-market trading after declining around 5% on Tuesday.

Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade on Wednesday after recording losses on Tuesday. The Dow Jones closed lower by more than 300 points, while the Nasdaq Composite fell over 100 points in the previous session.

Gainers