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The Latest Breaking News from Nasdaq

Dead Man Reawakening? Defunct Rise Education Reborn as EV Charging Company

Key Takeaways: Shares of the former Rise Education soared as it completed a reverse takeover merger with the electric vehicle charging business of Newlink The new company, NaaS Technology, provides software to help China’s growing legions of EV owners use the country’s vast charging network more efficiently

KeyBanc Sees Trade Desk Gaining Out Of EU Crackdown On Alphabet, Meta

KeyBanc Sees Trade Desk Gaining Out Of EU Crackdown On Alphabet, Meta

Given continued scrutiny on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms Inc (NASDAQ:META), KeyBanc sees a higher probability of regulators requiring walled gardens to open up inventory to demand side platforms (DSPs). Analyst Justin Patterson sees a ~50% probability of Alphabet making concessions on AdTech to the EU, which could prompt similar actions by Meta. Also…

Rocket Travel Partners With T-Mobile - Read What's The Benefit

Rocket Travel Partners With T-Mobile - Read What's The Benefit

Booking Holdings Inc’s (NASDAQ: BKNG) online travel platforms provider, Rocket Travel, has partnered with T-Mobile US, Inc (NASDAQ:TMUS) to launch T-MobileTravel.com. The dedicated travel site will provide steep travel discounts exclusively for T-Mobile and Metro by T-Mobile customers. Through the arrangement, T-Mobile customers can save up to 40% on hotels or Pay Now rental cars. People can…

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Short Volatility Alert: 1stdibs.Com, Inc.

On Wednesday, shares of 1stdibs.Com, Inc. (NASDAQ; DIBS) experienced volatile short activity. After the activity, the stock price went up +2.18% to $5.62. The overall sentiment for DIBS has been Bearish. The signal from the volatility alert is trending Bearish. Therefore, the recommendation is to Increase Short Exposure.

$100 Invested In Ross Stores 15 Years Ago Would Be Worth This Much Today

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 15 years by 4.72% on an annualized basis producing an average annual return of 10.86%. Currently, Ross Stores has a market capitalization of $25.71 billion.

Why Starbucks Shares Are Sliding

Starbucks Corp (NASDAQ: SBUX) shares are trading lower Thursday amid overall market weakness as stocks move lower following Wednesday's Fed rate hike announcement.

Why Shares Of Etsy Are Nearing 52-Week Lows

Etsy, Inc. (NASDAQ: ETSY) shares are trading lower by 11.4% to $67.36 amid overall market weakness after the Federal Reserve on Wednesday raised its target fed funds rate by 75 basis points to a new range of between 1.5% and 1.75%, its largest interest rate hike in 28 years.

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Activision Blizzard's Independent Board Gives Its Officers Clean Chit Against Denial Of Harassment Claims

Activision Blizzard's Independent Board Gives Its Officers Clean Chit Against Denial Of Harassment Claims

Activision Blizzard, Inc's (NASDAQ:ATVI) Workplace Responsibility Committee of independent directors dismissed allegations of rebuttal of gender harassment claims by senior officials as alleged by different media reports. The gaming giant acknowledged some substantiated instances of gender harassment. However, it denied awareness and tolerance of harassment by the officials. Also Read: Activision Blizzard Registers 22% Revenue…

Why Airbnb Stock Is Falling Today

Why Airbnb Stock Is Falling Today

Airbnb Inc (NASDAQ: ABNB) shares are trading lower Thursday amid overall market weakness as stocks move lower following Wednesday's Fed rate hike announcement.

Why AMD Shares Are Falling Today

Why AMD Shares Are Falling Today

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares, among several companies in the broader technology and semiconductor sectors, are trading lower by 7.16% to $82.91 Thursday morning amid overall market weakness.

Analyst Ratings for Intellia Therapeutics

Analyst Ratings for Intellia Therapeutics

Over the past 3 months, 7 analysts have published their opinion on Intellia Therapeutics (NASDAQ:NTLA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Analyst Ratings for Outbrain

Analyst Ratings for Outbrain

Outbrain (NASDAQ:OB) has observed the following analyst ratings within the last quarter:

StoneCastle Financial's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

StoneCastle Financial's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

Monday marks the last chance for investors to receive the next dividend payout from StoneCastle Financial (NASDAQ:BANX).

HEXO Deal Could Be A Big Win For Tilray, This Analyst Tells Us Why

HEXO Deal Could Be A Big Win For Tilray, This Analyst Tells Us Why

On Wednesday HEXO Corp (NASDAQ: HEXO) reported a staggering loss of CA$152.7 million ($118 million) in the third quarter of 2022, representing a

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Why Amazon Shares Are Getting Hammered Today

Amazon.com, Inc (NASDAQ: AMZN) shares are down amid overall market weakness, trading lower by 3.91% to $103.46. The Federal Reserve Wednesday afternoon raised its target fed funds rate by 75 basis points to a new range of between 1.5% and 1.75%, its largest interest rate hike in 28 years.

What's Going On With Microsoft Shares Falling Today?

Microsoft Corporation (NASDAQ: MSFT) shares are getting hit Thursday morning amid overall market weakness, trading lower by 2.60% to $245.22.

Why Apple Shares Are Diving Today

Apple Inc (NASDAQ: AAPL) shares are trading lower by 3.19% to $131.11 Thursday morning amid overall market weakness. The Federal Reserve Wednesday afternoon raised its target fed funds rate by 75 basis points to a new range of between 1.5% and 1.75%, its largest interest rate hike in 28 years.

Why Tesla Stock Is Sliding Today

Tesla Inc (NASDAQ: TSLA) shares are trading lower Thursday after the company raised the prices of its vehicle models in the United States. The price hikes come as raw material costs surge amid global supply-chain disruptions.

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Amazon's 2022 Prime Day Is Back: Here's The Schedule And What You Need To Know

Amazon.com Inc.'s (NASDAQ: AMZN) annual Prime Day shopping event is slated to return in July.

Expert Ratings for Diversey Hldgs

Analysts have provided the following ratings for Diversey Hldgs (NASDAQ:DSEY) within the last quarter:

Benzinga's Top Ratings Upgrades, Downgrades For June 16, 2022

Petco Eyes Small Towns & Rural Communities - Check Out The New Location

Petco Health And Wellness Company Inc (NASDAQ:WOOF) has launched a new community-driven test concept to serve the wellness needs of pets and farm animals in small towns and rural communities. The company will open its first location under the concept on June 17 in Floresville, Texas. Related: Here's Why Needham Is Bullish On This Pet…

Here's How Much $1000 Invested In ON Semiconductor 5 Years Ago Would Be Worth Today

ON Semiconductor (NASDAQ:ON) has outperformed the market over the past 5 years by 21.25% on an annualized basis producing an average annual return of 29.98%. Currently, ON Semiconductor has a market capitalization of $24.31 billion.

The Daily Biotech Pulse: Roche's Alzheimer's Drug Fails, Advisors Back Pfizer, Moderna Shots For Youngest Kids, Valneva Settles COVID-19 Pact With UK

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

Looking Into OptiNose's Return On Capital Employed

Benzinga Pro data, OptiNose (NASDAQ:OPTN) reported Q1 sales of $14.76 million. Earnings fell to a loss of $25.33 million, resulting in a 62.14% decrease from last quarter.

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