Market Overview

The Market In 5 Minutes

The Market In 5 Minutes



The day has come! Leading minds in fintech will be celebrating innovation across the world at the Benzinga Global Fintech Awards in New York City. Last-minute tickets are available: Link

There are many words to describe Sears Holdings Corp (NASDAQ: SHLD) current state of business: troubled, struggling, cash-strapped, unpopular. But don't use the coveted 'b' word to describe the business as it isn't going bankrupt, at least according to CEO Eddie Lampert: Link

Boeing Co (NYSE: BA) shares plummeted as much as 3 percent Wednesday as traders circulated reports that 737 MAX test flights were suspended for engine inspections: Link


The Trump administration and a bipartisan group of U.S. senators are working to address an issue that has gone unresolved for nearly a decade: how to overhaul Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC), the mortgage-finance giants the government took over in 2008: Link

In the weeks before President Donald Trump fired FBI Director James Comey, a federal investigation into potential collusion between Trump associates and the Russian government was heating up, as Mr. Comey became increasingly occupied with the probe: Link


German grocery chain Aldi Inc is trying to beat the world's biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Stores Inc (NYSE: WMT), according to Chief Executive Jason Hart: Link

Tesla Inc (NASDAQ: TSLA) on Wednesday began taking orders for its solar roof tiles, a cornerstone of Elon Musk's strategy to sell a fossil-fuel-free lifestyle under the brand name of its luxury electric vehicles: Link


For a guy who just lost about a quarter of his net worth, Snap Inc. (NYSE: SNAP) co-founder Evan Spiegel exuded confidence on his first earnings conference call, explaining away the company’s shortcomings and even throwing shade at his bigger -- and far more successful -- social media rival, Facebook Inc. (NASDAQ: FB): Link

From Michael Bloomberg: Congress needs to get serious about holding the president accountable: Link


If you’re mad as hell over your rising cable bill, blame programmers not your cable company, Liberty Media Chairman John Malone said in a take-no-prisoners interview Wednesday: Link


  • New York Federal Reserve Bank President William Dudley is set to speak in Mumbai, India at 6:25 a.m. ET.
  • Data in initial jobless claims for the latest week will be released at 8:30 a.m. ET.
  • The Producer Price Index for April is schedule for release at 8:30 a.m. ET.
  • The Energy Information Administration’s weekly report on natural gas stocks is schedule for release at 10:30 a.m. ET.
  • The Treasury is set to auction 30-year bonds at 1:00 p.m. ET.
  • Data on money supply for the recent week will be released at 4:30 p.m. ET.


  • Wells Fargo Upgraded Whole Foods (NASDAQ: WFM) from Market Perform to Outperform
  • Rosenblatt Upgraded Twenty-First Century Fox (NASDAQ: FOXA) From Neutral to Buy
  • Citi Upgrades Yelp (NYSE: YELP) From Neutral to Buy
  • Morgan Stanley Downgraded Acacia Communications (NASDAQ: ACIA) from Overweight to Equal-Weight
  • Morgan Stanley Downgraded Albany Molecular Research (NASDAQ: AMRI) from Overweight to Equal-Weight
  • Chardan Downgrades Caesarstone (NASDAQ: CSTE) From Buy to Neutral

This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here or email

Posted-In: Market in 5 minutesNews Global Top Stories Pre-Market Outlook Markets Best of Benzinga


Related Articles (AMRI + ACIA)

View Comments and Join the Discussion!

What Is Pepsi Doing At The Millennial 20/20 Conference?

From Comcast To Amazon: Companies Set To Win, Lose With FCC Agenda This Month