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The Latest Breaking News from Nasdaq

Gitlab Shares Surge As Q1 Results Surpass Street Expectations

Gitlab Inc (NASDAQ: GTLB) reported first-quarter FY23 revenue growth of 75% year-over-year to $87.4 million, beating the consensus of $77.81 million.

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Rivian Unveils R2 Vehicle Roadmap And Company Highlights: What Did CEO RJ Scaringe Tell Investors?

The founder and CEO of electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) issued a shareholder letter Monday to share where the company has been and where it is headed. Here are the key takeaways from the letter.

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YTRA: Yatra Online Adjusted Revenues Rebounded 51% in 2022 and Could Double in 2023 as Travel Returns to India

By Lisa Thompson NASDAQ:YTRA READ THE FULL YTRA RESEARCH REPORT

Benzinga

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10 Of The Highest Volume Options Contracts On Monday

Trading volume is critical for small-window options traders, as it gives insight into how many contracts have been purchased on an options strike. A high-volume option can provide liquidity, giving investors a better opportunity to sell their contracts over those with lower volumes.

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Why Futu Holdings Stock Rose Today

Futu Holdings Ltd (NASDAQ: FUTU) shares traded higher Monday after the company reported financial results. Futu Holdings said first-quarter revenue decreased 25.6% year-over-year to $209.5 million. The company reported quarterly adjusted net income of $79.4 million.

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Proto Labs Picks Interim CFO Dan Schumacher As Finance Chief

Proto Labs Inc (NYSE:PRLB) has appointed Dan Schumacher as its new Chief Financial Officer (CFO), effective immediately. Schumacher, currently serving as interim CFO at Protolabs, has overseen the company's investor relations for nearly five years in various leadership roles. Related: Proto Labs Appoints Dan Schumacher To Interim Role As CFO John Way Resigns Before…

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Why FTC Solar Shares Are Rising

Shares of several solar-related companies, including FTC Solar Inc (NASDAQ: FTCI), are trading higher amid a report President Biden will issue a proclamation allowing the import of solar panels from several countries without tariffs for 24 months.

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Why Shoals Technologies Group Shares Are Rising

Shares of several solar-related companies, including Shoals Technologies Group Inc (NASDAQ: SHLS), are trading higher amid a report President Biden will issue a proclamation allowing the import of solar panels from several countries without tariffs for 24 months.

Benzinga

Descartes Acquires XPS Technologies For $65M

Descartes Systems Group (TSX: DSG) (NASDAQ: DSGX)

Benzinga

Why Affirm Stock Is Falling During Apple's 2022 WWDC

Affirm Holdings Inc (NASDAQ: AFRM) shares are trading lower Monday after Apple Inc (NASDAQ: AAPL) unveiled a new buy now, pay later program at its 2022 Worldwide Developers Conference.

Benzinga

Why SolarEdge Technologies Are Rising

Shares of several solar-related companies, including SolarEdge Technologies Inc (NASDAQ: SEDG), are trading higher amid a report President Biden will issue a proclamation allowing the import of solar panels from several countries without tariffs for 24 months.

Benzinga

12 Stocks Moved By Traders On 'Fast Money: Halftime Report'

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

Benzinga

Apple WWDC 2022: 8 New iOS 16 Features For The iPhone

Apple Inc (NASDAQ: AAPL) kicked off its annual Worldwide Developers Conference (WWDC) on Monday, unveiling a variety of new features and upgrades to popular iPhone apps as part of iOS 16. Here are some of the highlights of what the new operating system will offer users:

Benzinga

SVB Leerink Sees Over 600% Upside For This Penny Biotech Stock

SVB Leerink initiated Selecta Biosciences Inc (NASDAQ:SELB) coverage with an Outperform rating and a price target of $7. The analysts view ImmTOR's approach to mitigate ADAs as de-risked by early clinical data from SEL-212 and believe that the ability to tame the immune response bodes well for ImmTOR's clinical potential in combination with…

Benzinga

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Rosenblatt Slashes Price Targets On Charter Communication, Comcast - Read Why

Rosenblatt analyst Barton Crockett reiterated Charter Communications, Inc (NASDAQ: CHTR) with a Buy but reduced the price target by 17% to $607.

Benzinga

Mid-Afternoon Market Update: Dow Turns Lower; DiDi Global Shares Surge

U.S. stocks pared gains, with the Dow Jones turning lower toward the end of trading on Monday.

Benzinga

Here's How RBC Capital Views Cyxtera

RBC Capital analyst Jonathan Atkin maintained Cyxtera Technologies Inc (NASDAQ:CYXT) with an Outperform and raised the price target from $14 to $16. Atkin's recent fireside chat and meetings with CFO Carlos Sagasta at RBC's Global Communications Infrastructure conference touched on multiple financial, strategic, and operating topics. Atkins updated his model and increased the price target…

Benzinga

Citigroup Looks To Hire Over 4K Tech Specialists To Tap Pandemic Induced Digital Boom

Citigroup, Inc (NYSE:C) looks to hire over 4,000 tech staff to help shift its institutional clients online following the pandemic, Bloomberg quoted from an interview with Jonathan Lofthouse. The head of markets and enterprise risk technology acknowledged that over 1,000 recruits would join the market technology team under an aggressive growth strategy. It…

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Benzinga

H.C. Wainwright Predicts Yatra Online Stock Price To Double

H.C. Wainwright & Co analyst Scott Buck maintained its Buy rating on the shares of Yatra Online Inc (NASDAQ: YTRA), with a price target of $4. The analyst said though Q4 results were negatively impacted by the Omicron variant in January, demand was at 90.0% of pre-COVID levels across both leisure and corporate travel as…

Benzinga

Raymond James Lowers BRP Price Target As Supply Chain Snags

Raymond James analyst Joseph Altobello lowered the price target on BRP Inc (NASDAQ: DOOO) (TSX: DOO) to C$135 from C$146 and maintained a Strong Buy rating on the shares.

Benzinga

As Sunrun Reaps The Rewards Of New Biden Policy, Here's What Bulls, Bears Want To See

Sunrun, Inc (NASDAQ: RUN) surged up 15% off Friday’s close at one point on Monday before retracing to trade about 9% higher.

Benzinga

10 Consumer Discretionary 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.

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10 Information Technology Stocks With Whale Alerts In Today's Session

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Where GDS Holdings Stands With Analysts

Within the last quarter, GDS Holdings (NASDAQ:GDS) has observed the following analyst ratings:

Benzinga

What 9 Analyst Ratings Have To Say About Caesars Entertainment

Caesars Entertainment (NASDAQ:CZR) has observed the following analyst ratings within the last quarter:

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