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The Latest Breaking News from Nasdaq

What 14 Analyst Ratings Have To Say About Advanced Micro Devices

Within the last quarter, Advanced Micro Devices (NASDAQ:AMD) has observed the following analyst ratings:

Benzinga

Better Tips For Uber Drivers, Consider Getting A Tesla

Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well.

Benzinga

Duck Creek Technologies Shares Crack After Q3 Results, Lowers FY22 Revenue Guidance

Duck Creek Technologies Inc (NASDAQ: DCT) reported

Benzinga

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Corcept Therapeutics Commences Late-Stage Ovarian Cancer Study

Corcept Therapeutics (NASDAQ: CORT) has initiated pivotal Phase 3 clinical trial of relacorilant plus nab-paclitaxel in patients with platinum-resistant ovarian cancer.

Benzinga

Chart Wars: Does Marathon Digital Or Riot Blockchain Have More Strength As Bitcoin, Ethereum Fall

Marathon Digital Holdings, Inc (NASDAQ: MARA) and Riot Blockchain, Inc (NASDAQ: RIOT) were plunging about 10% and 7%, respectively, on Wednesday, in exaggeration to Bitcoin (CRYPTO:

Benzinga

SMART Global Shares Plummet After Q3 Results, Guides Q4 Below Consensus

SMART Global Holdings Inc. (NASDAQ:SGH) reported third-quarter sales growth of 5.7% year-over-year to $463 million, beating the consensus of $455.17 million. Adjusted EPS of $0.87 (+24% Y/Y) beat the consensus of $0.75. The gross margin expanded by 540 bps to 24.7%, and the adjusted gross margin was up 380 bps to 25.7%.…

Benzinga

'It's Game Over': Loop Capital Analyst Warns That Bed Bath & Beyond's Days Are Limited

Bed Bath & Beyond Inc (NASDAQ: BBBY) shares hit 52-week lows on Wednesday after the company reported weak earnings results and announced a CEO transition. One analyst believes the pain is just getting started.

Benzinga

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After-Hours Action: Why Ammo (POWW) Shares Are Surging

AMMO Inc (NASDAQ: POWW) shares are trading higher in Wednesday's after-hours session after the company announced strong financial results that were significantly higher year-over-year.

Benzinga

McDonald's To $278? Analysts Just Raised Their Price Targets On These 5 Stocks

Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession.

Benzinga

Peloton Stock Dipped Today: Here's What We Know

Peloton Interactive Inc (NASDAQ: PTON) shares are trading lower Wednesday. What's going on?

Benzinga

Tigress Financial Lists Reasons Behind Bullishness On Amazon

Tigress Financial analyst Ivan Feinseth reiterated Amazon.com Inc (NASDAQ:AMZN) with a Buy and maintained a $232 price target. He saw ongoing momentum in Prime Membership, increasing traction with third-party sellers, strength in AWS, and growth and share price gains. He believed that growth in Prime membership, ongoing momentum in AWS, and increasing advertising revenue growth…

Benzinga

Here's Why Volkswagen CEO Thinks Tesla Is Weakening Itself Right Now

The battle for dominance in the electric vehicle market is heating up and Volkswagen AG (OTC: VWAGY) believes it can pass Tesla Inc (NASDAQ: TSLA) in the coming years.

Benzinga

This Analyst Believes Seagen Is Evaluating Strategic Alternatives

Raymond James initiated coverage on Seagen Inc (NASDAQ:SGEN) at Outperform with a $220 target price. Citing the recent departure of the long-time Seagen CEO, Raymond James thinks that the Board of Directors is likely evaluating strategic alternatives for the company. The relationship with Merck & Company, Inc. (NYSE:MRK) has been long-standing. With Keytruda losing its patent…

Benzinga

Analysts Still Believe Verrica's Ycanth Is Approvable Despite FDA Response Letter

Verrica Pharmaceuticals Inc (NASDAQ:VRCA) held a Type A meeting with the FDA regarding the path forward for the resubmission and potential approval of Ycanth (VP-102) for molluscum contagiosum. HC Wainwright says VP-102 was approvable, and at the time of the Complete Response Letter (CRL), Verrica had already engaged a potential alternate solution supplier. It reiterates…

Benzinga

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What SVB Says On Axsome's Strategy Review On Sunosi For Sleeping Disorder

Axsome Therapeutics Inc (NASDAQ: AXSM) held an investor event to review its strategy with Sunosi, which is indicated for excessive daytime sleepiness (EDS) in narcolepsy and obstructive sleep apnea (OSA). SVB Leerink says its view on Sunosi has not changed.

Benzinga

Rosenblatt Points Out How Intel's Price War Could Prove Costly For AMD

Rosenblatt analyst Hans Mosesmann shared salient articles in the last week specific to AI, Bandwidth, and Compute that are important and merely interesting regarding key secular themes.

Benzinga

KeyBanc Endorses Pinterest, Disney's CEO Transition - Key Takeaways

KeyBanc hailed the CEO successions in two significant companies citing different reasons.

Benzinga

Ryan Cohen Throws Shade Following Mark Tritton's Bed Bath & Beyond Dismissal: 'I'm Sick Of Seeing Failed Executives'

Mark Tritton is no longer CEO of Bed Bath & Beyond Inc (NASDAQ: BBBY) — and Ryan Cohen might be one reason why.

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Benzinga

1stdibs Divests Design Manager To Performant Capital

1stdibs.Com, Inc. (NASDAQ:DIBS) has sold Design Manager to the Chicago-based private equity firm Performant Capital for an undisclosed sum. Design Manager is a project management and accounting software company for the interior design industry. Design Manager offers software workflow solutions, and clients use the platform to manage design projects totaling $2 billion in billings…

Benzinga

Why Shares Of Allena Pharmaceuticals Are Skyrocketing Today

Shares of small-cap penny stock Allena Pharmaceuticals (NASDAQ: ALNA) shares are trading higher after the company announced it has terminated its previously announced at-the-market offering.

Benzinga

$100 Invested In Keurig Dr Pepper 10 Years Ago Would Be Worth This Much Today

Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 10 years by 6.9% on an annualized basis producing an average annual return of 17.64%. Currently, Keurig Dr Pepper has a market capitalization of $50.93 billion.

Benzinga

Needham's Developer Checks For Wix.com Highlight Continued Funnel Weakness

Needham analyst Bernie McTernan reiterated a Buy rating and $85 price target on Wix.com Ltd (NASDAQ:WIX) following a round of web developer checks. He spoke with 22 developers in the WIX Marketplace to shed light on the broader funnel. They did not indicate any improvement. Failure of the funnel to return puts his 2H'22E and…

Benzinga

Dow Jumps 150 Points; Icosavax Shares Plunge

U.S. stocks turned higher toward the end of trading, with the Dow Jones gaining around 150 points on Wednesday.

Benzinga

Here's What Rosenblatt Expects From Micron's Upcoming Quarterly Results

Micron Technology, Inc (NASDAQ: MU) reports May quarter earnings on June 30, after market close.

Benzinga

Why AMD And Nvidia Shares Are Dipping Today

Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (NASDAQ: NVDA) shares are trading lower after B of A Securities maintained bullish ratings on the stock but lowered its price targets.

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