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The Latest Breaking News from Nasdaq

Mid-Day Market Update: Crude Oil Rises 1%; Rigel Pharmaceuticals Shares Slide

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite adding around 50 points on Wednesday.

What Are Whales Doing With Rivian Automotive

What Are Whales Doing With Rivian Automotive

A whale with a lot of money to spend has taken a noticeably bullish stance on Rivian Automotive. Looking at options history for Rivian Automotive (NASDAQ:RIVN) we detected 12 strange trades.

50 Stocks Moving In Wednesday's Mid-Day Session

50 Stocks Moving In Wednesday's Mid-Day Session

Gainers HeartCore Enterprises, Inc. (NASDAQ: HTCR) shares gained 81% to $1.8503 after the company authorized a $3.5 million buyback.

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TriMas Aerospace Bags Boeing T-7A Defense Contract

TriMas Corp (NASDAQ:TRS) has secured multi-year contracts from Boeing Co (NYSE:BA). The financial terms were not disclosed. TriMas Aerospace's RSA Engineered Products (RSA) business was awarded several components used in fluid conveyance applications, more specifically within the air ducting system, by Boeing for its T-7A Red Hawk training jet program. "We are proud…

What To Watch On Meta Platforms After Company Launches Roblox-Like Platform

Meta Platforms Inc (NASDAQ: FB) was trading more than 2% higher on Wednesday, breaking up from a triple inside bar on the daily chart.

Here's Why This Analyst Found MongoDB Well-Positioned For Further Share Gains

The financial analyst day, product sessions, and customer discussions at MongoDB, Inc (NASDAQ:MDB) World in New York increased confidence in Piper Sandler analyst Brent A. Bracelin. Bracelin found MDB well-positioned for further share gains within the $78 billion+ database management systems market. The combination of new product enhancements, including Atlas Serverless, Relational Migrator tool, and…

Why This Novavax Analyst Remains Bearish After COVID Vaccine Panel Vote

A Bank of America analyst remains bearish on Novavax, Inc (NASDAQ: NVAX) after a regulatory panel approved Novavax’s Emergency Use Authorization request fo

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Capstone Bags Two EaaS Contracts From Cryptocurrency Mining Company

Capstone Bags Two EaaS Contracts From Cryptocurrency Mining Company

Capstone Green Energy Corp (NASDAQ:CGRN) distributor for the Mid-Atlantic and Southeastern U.S. and the Caribbean, E-Finity Distributed Generation, secured two new 36-month Energy-as-a-Service (EaaS) contracts from a cryptocurrency mining company. Financial terms were not disclosed. Capstone said it focuses on growing the EaaS business model as it provides higher margins and more constant…

Key Takeaways From Baidu's First EV Launch

Key Takeaways From Baidu's First EV Launch

Baidu, Inc (NASDAQ:BIDU) electric vehicle arm Jidu Auto launched a "robot" concept car via an online press conference held on Baidu's metaverse-themed app Xirang. It is the first vehicle to be revealed by a Chinese internet company. The concept car is free of door handles and is fully controlled via voice recognition, Reuters reports.…

6 Analysts Have This to Say About Bed Bath & Beyond

6 Analysts Have This to Say About Bed Bath & Beyond

Within the last quarter, Bed Bath & Beyond (NASDAQ:BBBY) has observed the following analyst ratings:

SELLAS Life Sciences's Galinpepimut/Opdivo Combo Shows Increased Survival In Mesothelioma Patients

SELLAS Life Sciences's Galinpepimut/Opdivo Combo Shows Increased Survival In Mesothelioma Patients

SELLAS Life Sciences Group Inc (NASDAQ:SLS) announced updated data from a Phase 1 clinical trial of galinpepimut-S (GPS), combined with Bristol-Myers Squibb Co's (NYSE:BMY) nivolumab (Opdivo) in with malignant pleural mesothelioma (MPM). The trial included patients who were either refractory or relapsed after at least one line of the standard of care therapy. Data from…

This Is What Whales Are Betting On Palo Alto Networks

This Is What Whales Are Betting On Palo Alto Networks

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). 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.

Tiziana Life Sciences Shares Jump After Multiple Sclerosis Data From Second Patient

Tiziana Life Sciences Shares Jump After Multiple Sclerosis Data From Second Patient

Tiziana Life Sciences (NASDAQ: TLSA) reported clinical results from the second patient with Secondary Progressive Multiple Sclerosis (SPMS) in the ongoing study as part of an expanded access program.

Check Out What Whales Are Doing With PYPL

Check Out What Whales Are Doing With PYPL

A whale with a lot of money to spend has taken a noticeably bearish stance on PayPal Holdings. Looking at options history for PayPal Holdings (NASDAQ:PYPL) we detected 11 strange trades.

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Expert Ratings for Carlyle Group

Within the last quarter, Carlyle Group (NASDAQ:CG) has observed the following analyst ratings:

Farmmi Wins Export Order For Canada

Farmmi Inc (NASDAQ:FAMI) has won a new sales order for its dried Shiitake mushrooms for export to Canada. The financial terms were not disclosed. “We are capitalizing on our many active, long-term customer engagements to help convert new customers in our target geographic markets worldwide,” said Chairwoman and CEO Yefang Zhang. Farmmi is…

Sypris Bags Follow-On Contract For Electronic Warfare System Upgrade

Sypris Solutions Inc (NASDAQ:SYPR) subsidiary, Sypris Electronics LLC, has bagged a multi-year, follow-on award from a U.S. Department Of Defense contractor to produce and test multiple power supply modules. Terms of the agreement were not disclosed. Sypris will produce power supply modules to upgrade the electronic warfare suite for an important U.S.…

Formula One Excitement Bodes Well For Shareholders As Rights Deal, Brad Pitt Film Move Forward

Shareholders of Liberty Formula One (NASDAQ: FWONA)(NASDAQ: FWONK) could soon be excited as the global racing league continues to expand and grow its viewership across the U.S.

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news in one place.

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Elon Musk's Financing Efforts For Twitter Deal On Hold Amid Uncertainty: Report

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s fundraising efforts for his $44 billion Twitter Inc (NYSE: TWTR) take-private bid have been put on hold due to uncertainty ov

Why Nikola Shares Are Rising

Nikola Corporation (NASDAQ: NKLA) shares are trading higher after Walmart Inc. (NYSE: WMT) announced a proof of concept with the company to expand its transportation partnerships to reduce emissions.

Daktronics Clocks 39% Sales Growth In Q4; Warns On Volatile Supply Chain, Labor Conditions

Daktronics, Inc. (NASDAQ:DAKT) reported fourth-quarter FY22 net sales growth of 38.8% year-over-year to $162.2 million, beating the consensus of $146.10 million. Orders for the quarter increased 67% Y/Y. The gross margin was 18.5% for Q4 compared to 23.6% a year earlier, and the operating margin was breakeven, compared to 1% for 4Q21. EPS…

Spirit Airlines Postpones Vote On Frontier Merger Following JetBlue's New Takeover Bid

Spirit Airlines Inc. (NYSE: SAVE) has abruptly postponed its Friday stockholder vote on its merger with Frontier Group Holdings (NASDAQ: ULCC) after JetBlue Airways (NASDAQ:

Why Loyalty Ventures Shares Are Getting Hammered Today

Loyalty Ventures Inc (NASDAQ: LYLT) shares are trading lower by 49.68% at $5.54 after the company said it will reevaluate its 2022 revenue and EBITDA guidance and said its AIR MILES reward program and AIR MILES sponsor Sobeys were unable to align on extension terms.

Rave Restaurant Promotes Mike Burns To EVP & COO

Rave Restaurant Group Inc (NASDAQ:RAVE) has appointed Mike Burns as Executive Vice President and Chief Operating Officer, effective June 27, 2022. Burns previously served as Rave's Chief Operations Officer (COO). Before joining Rave, Burns served as VP of Operations for Pei Wei, and led a team of multi-unit operators responsible for 80 restaurants.…

Cantourage And Clever Leaves Intensify Partnership For Distribution Of Medical Cannabis In Germany

Cantourage GmbH and Clever Leaves Holdings Inc. (NASDAQ: CLVR) (NASDAQ: CLVRW) have continued to intensify their strategic partnership for the distribution of medical cannabis flowers throughout Germany.

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