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The Latest Breaking News from Nasdaq

Accolade Shares Slip After Q1 Results, Guides Q2 Revenue Below Consensus

Accolade Inc (NASDAQ:ACCD) reported first-quarter revenue growth of 44% year-over-year to $85.5 million, beating the consensus of $81.97 million. EPS was $(4.92), compared to $(0.84) in 1Q22. Adjusted gross profit increased by 63% Y/Y to $39 million, and margin expanded by 545 bps to 45.6%. Adjusted EBITDA loss widened to $(15.4) million…

Benzinga

What Joe Rogan, Elon Musk Have In Common: Their 2024 Presidential Pick

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and Spotify Technology SA (NYSE: SPOT) podcaster Joe Rogan are two of the most influential figures in pop culture today.

Benzinga

Which Mega-Cap Tech Stock Would You Buy First: Microsoft, Apple Or Amazon?

CNBC ran a survey Thursday asking investors which technology stock they would buy first at current levels. Here's a look at the results.

Benzinga

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What's Going On With PayPal Stock Today?

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower Thursday amid overall market weakness as investors continue to digest inflation concerns, Fed rate hikes and macro uncertainty. Concerns surrounding a potential economic slowdown have also weighed on growth stocks.

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Is Bed Bath & Beyond Worth Only $2 Per Share? Here's What 3 Analysts Are Saying

Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported first-quarter earnings and the departure of its CEO Mark Tritton on Wednesday.

Benzinga

What's Going On With Tesla Shares Today?

Tesla Inc (NASDAQ: TSLA) shares are trading lower by 1.26% to $676.86 Thursday afternoon. Shares of auto and auto manufacturers companies are trading lower during Thursday’s trading session after data showed a slowdown in U.S. consumer spending in May.

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J B Hunt Accelerates Overseas Transport Of New Containers

J B Hunt Transport Services Inc’s (NASDAQ: JBHT) cargo vessel Johnelle has docked at the Port of Everett in Washington, with more than 250 new containers reserved for the expansion of the intermodal fleet.

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What's Going On With Apple Shares Falling Today?

Apple Inc (NASDAQ: AAPL) shares are trading lower by 1.64% to $136.95 Thursday afternoon. Shares of retail and consumer discretionary companies are trading lower during Thursday’s trading session after data showed a slowdown in U.S. consumer spending in May.

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Nasdaq Down 100 Points; Angion Biomedica Shares Plummet

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping over 100 points on Thursday.

Benzinga

This Analyst Thinks Blueprint Medicines' Non-Dilutive Funding 'Deflates M&A Speculation'

Today Blueprint Medicines Corp (NASDAQ:BPMC) announced strategic financing agreements with Sixth Street and Royalty Pharma Plc (NASDAQ:RPRX) for up to $1.25 billion, including $575 million upfront upon deal closure. SVB Securities thinks the terms of the deals are fairly valued on the Sixth Street portion and favorable for Blueprint Medicines on the Royalty Pharma portion. "In addition,…

Benzinga

$1000 Invested In Micron Technology 15 Years Ago Would Be Worth This Much Today

Micron Technology (NASDAQ:MU) has outperformed the market over the past 15 years by 3.76% on an annualized basis producing an average annual return of 9.99%. Currently, Micron Technology has a market capitalization of $62.67 billion.

Benzinga

This Analyst Says US Government Buying More COVID-19 Vaccines At Higher Prices

Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced a new COVID-19 vaccine supply agreement with the U.S. government. SVB Leerink says that the new contract implies the price per Comirnaty dose is ~$30.50. Comirnaty U.S. pricing per dose has increased from $19.50 (2020 contracts), to $24 (+23%; 2021 contract), and now to ~$30.50 (+27%). The analysts…

Benzinga

Middleby Expands Offerings In Ice - Read How

Middleby Corp (NASDAQ:MIDD) has acquired Icetro, a maker of ice, soft serve, and slush machines used worldwide in commercial food service. Deal terms were not disclosed. Icetro has annual sales of ~$40 million and is headquartered in South Korea, with U.S. operations based in Anaheim, California. The acquisition furthers MIDD's Asian manufacturing…

Benzinga

Where Brilliant Earth Group Stands With Analysts

Over the past 3 months, 4 analysts have published their opinion on Brilliant Earth Group (NASDAQ:BRLT) 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.

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Analyst Ratings for Xcel Energy

Analysts have provided the following ratings for Xcel Energy (NASDAQ:XEL) within the last quarter:

Benzinga

What 13 Analyst Ratings Have To Say About SVB Finl Gr

Within the last quarter, SVB Finl Gr (NASDAQ:SIVB) has observed the following analyst ratings:

Benzinga

Here's How Much $100 Invested In Microsoft 20 Years Ago Would Be Worth Today

Microsoft (NASDAQ:MSFT) has outperformed the market over the past 20 years by 4.91% on an annualized basis producing an average annual return of 12.03%. Currently, Microsoft has a market capitalization of $1.93 trillion.

Benzinga

MamaMancini's Buys Stake In Chef Inspirational Foods

MamaMancini's Holdings Inc (NASDAQ:MMMB) has agreed to acquire a 24% minority interest in Chef Inspirational Foods, Inc. (CIF) for an investment of $1.2 million. The transaction implies an enterprise value for CIF of $5 million. Founded in 2008, CIF sells fresh and frozen prepared foods for the supermarket, club store, and distributor trade…

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Benzinga

Credit Suisse Reasons Why It Remains Bullish On Paychex Despite Selloff Post Q4 Beat

Credit Suisse analyst Kevin Mcveigh maintained Paychex, Inc (NASDAQ:PAYX) with an Outperform and cut the price target from $165 to $140. While his view remains overly bullish, he recognizes that the -4% selloff in the PAYX stock was likely due to macroeconomic uncertainty impacting the relative market amid decelerating growth, mainly due to tougher comparisons.…

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10 Information Technology Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga

Short Volatility Alert: Vera Bradley, Inc.

On Wednesday, shares of Vera Bradley, Inc. (NASDAQ: VRA) experienced volatile short activity. After the activity, the stock price went down -3.21% to $4.53. The overall sentiment for VRA has been Bearish.

Benzinga

Short Volatility Alert: B. Riley Financial, Inc.

On Wednesday, shares of B. Riley Financial, Inc. (NASDAQ: RILY) experienced volatile short activity. After the activity, the stock price went down -1.93% to $43.13. The overall sentiment for RILY has been Bearish.

Benzinga

Guardforce AI Partners With FLAIR On Robotics Solutions & AI Cloud Platforms

Guardforce AI Co Ltd (NASDAQ:GFAI) (NASDAQ:GFAIW) established a collaboration agreement with Hong Kong Industrial Artificial Intelligence and Robotics Centre Limited (FLAIR) to work together on developing Robotics-as-a-Service (RaaS) solutions and artificial intelligence (AI) cloud platforms worldwide. FLAIR, located at the Hong Kong Science Park, was founded by the Hong Kong Productivity Council (HKPC),…

Benzinga

Hot Stocks: Tickers Moved By Traders on 'Fast Money Halftime Report'

CNBC’s "Fast Money Halftime Report" delivers market-moving news to investors.

Benzinga

Find Out All About Mizuho's Top China Internet Sector Pick

Mizuho analyst James Lee recently hosted an investor call with Baidu, Inc (NASDAQ: BIDU) management. Firstly, Lee noted that the reopening has been orderly, and advertising is recovering faster than Cloud.

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