The Latest Breaking News from Nasdaq

Western Digital Corp (NASDAQ:WDC) had weighed strategic alternatives, including splitting its businesses focused on traditional hard drives for computers and flash memory. Western Digital settled with activist investor Elliott Management Corp calling for the $19 billion company to consider splitting into two, the Wall Street Journal reports. Previously Elliott disclosed a 6% stake in Western…

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned SpaceX’s high speed, satellite-based internet service Starlink is not likely to go public until 2025 or later, CNBC

Gainers Cyren Ltd. (NASDAQ: CYRN) rose 31.1% to $2.32 in pre-market trading after the company entered into an agreement with Content Services Group to sell all equity interests in its legacy secure email gateway business.

Phoenix Motor Inc (NASDAQ:PEV) has priced its initial public offering of 2.1 million shares at $7.50 per share. The offer price falls around the low end of its predicted range of $7 - $9 per share. Phoenix Motor is a California-based company that designs, assembles, and integrates electric drive systems and light and medium-duty…

Twitter Inc (NYSE: TWTR) is reportedly pushing back against demands from a committee probing the Jan. 6 Capitol riots to hand over its internal communications about moderation on its platform.

Pre-open movers

  Companies Reporting Before The Bell • Immunovant (NASDAQ:IMVT) is expected to report earnings for its fourth quarter.

Gainers AeroClean Technologies, Inc. (NASDAQ: AERC) gained 154.7% to settle at $12.10 on Tuesday on continued strength after the FDA granted clearance for the company's pūrgo technology, classifying it as a class II medical device.

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday advised an electric vehicle owner to avoid using the cabin recirculation mode as the range advantage is small.