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The Latest Breaking News from Nasdaq

The Bull, Bear Case For Tesla Stock And How Big Tech Prepares For A Recession

Tesla, Inc (NASDAQ: TSLA) was trading over 3% lower on Wednesday after a bearish day in the general markets caused the stock to close Tuesday’s session down 5%.

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways: Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise…

Lilium Picks Astronics For Electrical Power Distribution System

Lilium Picks Astronics For Electrical Power Distribution System

Lilium N.V. (NASDAQ:LILM) has selected Astronics Corp (NASDAQ:ATRO) to design, develop, and build its electrical power distribution system. Financial terms not disclosed. The supplier agreement follows over a year of collaborative work between the parties. Astronics will be responsible for the secondary power distribution units (SPDUs) and charging power distribution units (CPDUs). Lilium Jets…

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U.S. Stocks Turn Negative; 2U Shares Spike Higher

U.S. stocks pared gains midway through trading, with all the three major indices turning lower on Wednesday.

Why Is Allena Pharmaceuticals Jumping By 207%? 45 Stocks Moving In Wednesday's Mid-Day Session

Gainers Allena Pharmaceuticals, Inc. (NASDAQ: ALNA) jumped 207% to $0.3650 after the company announced it has terminated its previously announced at-the-market offering.

Here's How Much $100 Invested In IDEXX Laboratories 15 Years Ago Would Be Worth Today

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 15 years by 3.0% on an annualized basis producing an average annual return of 9.28%. Currently, IDEXX Laboratories has a market capitalization of $30.26 billion.

Helbiz Expands Presence Across US Markets

Helbiz Inc (NASDAQ:HLBZ) has been chosen as a new micro-mobility vendor in Tampa, Florida, replacing existing operators. Initially, Helbiz will be permitted to launch 1,500 e-scooters, equipped with sidewalk detection. In addition, the company has decided to double and upgrade its fleet in the Miami Lakes area with features like GPS technology. Helbiz…

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NV5 Bags $7M Wastewater Recycling Project In California

NV5 Bags $7M Wastewater Recycling Project In California

NV5 Global, Inc. (NASDAQ:NVEE) has been selected by the City of Oceanside, California, for an ~$7 million contract to provide owner consultant services for a wastewater reclamation and recycling project. The three-year project is part of the City's program to decommission the aging La Salina Water Treatment Plant. NV5 will provide program…

Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

Walmart Inc (NYSE: WMT) agreed to acquire Memomi, an augmented reality (AR) optical tech company. The financial terms of the transaction remain undisclosed. Memomi is a leading technology provider for enhancing virtual optical try-on experiences, helping customers virtually "try on" eyewear in real-time for a seamless, easy, and fun omnichannel experience. Since 2019, Memomi…

Shopify Stock Begins Trading On Split-Adjusted Basis: What You Need To Know

Shopify Stock Begins Trading On Split-Adjusted Basis: What You Need To Know

No, Shopify Inc (NYSE: SHOP) shares aren't down 90%. The stock began trading on a split-adjusted basis Wednesday.

What 4 Analyst Ratings Have To Say About Verisk Analytics

What 4 Analyst Ratings Have To Say About Verisk Analytics

Verisk Analytics (NASDAQ:VRSK) has observed the following analyst ratings within the last quarter:

Commercial Vehicle Group Predicts Favorable Impact From New Pricing & Business

Commercial Vehicle Group Predicts Favorable Impact From New Pricing & Business

Commercial Vehicle Group Inc (NASDAQ:CVGI) said it had finalized the renegotiation of new pricing agreements with several of its customers. The company expects the new pricing, effective July 1, to increase run-rate profits by more than $30 million and increase the cash flow as well. CVGI anticipates 2H22 to immediately benefit from…

What To Know About B of A Securities's Downgrade of Texas Instruments

What To Know About B of A Securities's Downgrade of Texas Instruments

B of A Securities downgraded its rating of Texas Instruments (NASDAQ:TXN) to Neutral with a price target of $175.00, changing its price target from $190.00 to $175.00. Shares of Texas Instruments are trading down 0.93% over the last 24 hours, at $152.72 per share.

Sanofi Lowers Out-Of-Pocket Insulin Cost For Uninsured Patients

Sanofi Lowers Out-Of-Pocket Insulin Cost For Uninsured Patients

Sanofi SA (NASDAQ:SNY) said that uninsured diabetes patients in the U.S. will pay no more than $35 for a 30-day supply of insulin, down from $99. Sanofi said the new price would be effective from July 1. The announcement from Sanofi follows House passage (232-193) of the monthly cap in March, with just 12…

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The Daily Biotech Pulse: Eli Lilly Modifies COVID-19 Treatment Pact, Oyster Point Outlines Restructuring Plan, Icosavax Posts Interim RSV Vaccine Data

Here's a roundup of top developments in the biotech space over the last 24 hours:

Short Seller Jim Chanos Betting Against This Booming Tech Sector: 'This Is Our Big Short'

Famed short seller Jim Chanos has a new industry he’s targeting with bets against a high growth area. Here’s why, despite the growing industry, Chanos sees pain for the market leaders.

Why Morgan Stanley Is 'Incrementally Negative' On Upstart

Credit performance and interest rates, both tailwinds for Upstart Holdings Inc. (NASDAQ: UPST) in 2021, have transformed into headwinds in 2022.

Why EVgo Stock Is Plunging Today

EVgo Inc (NASDAQ: EVGO) shares are trading lower Wednesday after Fuzzy Panda Research issued a bearish report on the EV charging company.

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If You Invested $1000 In This Stock 15 Years Ago, You Would Have $3,100 Today

Honeywell Intl (NASDAQ:HON) has outperformed the market over the past 15 years by 1.58% on an annualized basis producing an average annual return of 7.88%. Currently, Honeywell Intl has a market capitalization of $117.89 billion.

Why Shares Of Bitcoin Miner Marathon Digital Are Falling

Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading lower Wednesday after the company provided an update on its Bitcoin (CRYPTO: BTC) mining operations in Montana.

Analyst Ratings for Intel

Analysts have provided the following ratings for Intel (NASDAQ:INTC) within the last quarter:

Analyst Ratings for Axsome Therapeutics

Analysts have provided the following ratings for Axsome Therapeutics (NASDAQ:AXSM) within the last quarter:

Analyst Ratings for O'Reilly Automotive

Analysts have provided the following ratings for O'Reilly Automotive (NASDAQ:ORLY) within the last quarter:

Analyst Ratings for Take-Two Interactive

Take-Two Interactive (NASDAQ:TTWO) has observed the following analyst ratings within the last quarter:

Short Volatility Alert: HTG Molecular Diagnostics, Inc.

On Tuesday, shares of HTG Molecular Diagnostics, Inc. (NASDAQ: HTGM) experienced volatile short activity. After the activity, the stock price went up +52.17% to $0.84. The overall sentiment for HTGM has been Bearish.

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