The Latest Breaking News from Nasdaq

A battery pack caught on fire in the testing area of Rivian Automotive, Inc (NASDAQ: RIVN) factory in Normal, Illinois, on May 28, marking Rivian's third mishap since production began last fall, 

After more than doubling its warehouse space over the course of the COVID-19 pandemic, Amazon.com Inc (NASDAQ: AMZN) is dealing with overstaffing issues, but one analyst believes it's already priced into the stock.

Analysts have provided the following ratings for DraftKings (NASDAQ:DKNG) within the last quarter:

Facebook parent Meta Platforms Inc (NASDAQ:FB) looks to use Broadcom Inc's (NASDAQ:AVGO) custom chips to build its metaverse hardware, becoming the chipmaker's next billion-dollar ASIC customer, J.P. Morgan analysts said. The analysts saw application-specific integrated circuit chips drive approximately $2 billion to $2.5 billion in revenue for Broadcom in 2022, aided by its deals…

JanOne Inc (NASDAQ:JAN) sold all of the assets, and none of the liabilities, of GeoTraq Inc., its wholly-owned subsidiary, to SPYR Inc (OTC:SPYR) for an aggregate of $13.5 million. The purchase price is payable in cash and shares of SPYR's common stock. SPYR issued 30 million shares of its common stock and delivered a…

Pension funds invest in real estate so they can provide higher yields to their investors. Most of these investors are retirees living on a fixed income, making high, consistent yields even more important. Many real estate investments provide higher-than-average yields and act as a hedge against inflation.

U.S. stocks pared losses midway through trading, with the Nasdaq Composite turning higher on Tuesday.

Gainers TherapeuticsMD, Inc. (NASDAQ: TXMD) shares jumped 360.8% to $9.86 after the company announced it has entered into a definitive merger agreement to be acquired by an affiliate of EW Healthcare Partners.

Mullen Automotive Inc (NASDAQ:MULN) has put forth the results of its solid-state polymer battery testing with the Battery Innovation Center (BIC) in Indiana. "The battery has performed exceptionally well, and I'm pleased with the results from BIC in Indiana," said David Michery, CEO and chairman. Testing results from BIC show the solid-state polymer…

Robinhood Markets, Inc (NASDAQ HOOD) was outperforming the general market on Tuesday, holding slightly higher while the S&P 500 slid over 1% at one point.

On Friday, shares of American Software, Inc. (NASDAQ: AMSWA) experienced volatile short activity. After the activity, the stock price went up +3.43% to $17.50. The overall sentiment for AMSWA has been Bullish.