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The Latest Breaking News from Nasdaq

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

American Airlines Group Inc (NASDAQ:AAL) plans to discontinue service to four U.S. cities from September. The cities will lose scheduled commercial air service entirely, reported CNBC. AAL blamed the service restrictions on a regional pilot shortage. The report further noted American Airlines, United Airlines Holdings Inc (NASDAQ:UAL), and Delta Air Lines, Inc (NYSE:DAL) have reduced service…

Benzinga

Rockwell Medical Receives Additional FDA Feedback On Anemia Candidate

Last week, Rockwell Medical Inc (NASDAQ:RMTI) closed the second $7.5 million tranche of the previously announced DaVita Inc (NYSE:DVA) stock purchase agreement of up to $15 million in convertible preferred stock in two tranches. This investment, in addition to the recently announced $15 million financings, brings the total gross amount raised by Rockwell this quarter to $30 million. …

Benzinga

Tesla Said To Be Planning 2-Week Halt At Giga Shanghai In July

Tesla Inc (NASDAQ: TSLA) plans to halt most of its production at Giga Shanghai in the first two weeks of July to upgrade the site, Reuters reported on Wednesday, citing an internal memo.

Benzinga

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Tesla Bull Cuts Price Target On EV Maker: Here's Why

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk sounded out a tough June quarter and this does not come as a

Benzinga

Here's Why Alibaba Shares Are Trading Higher Premarket

Alibaba Group Holding Limited (NYSE:BABA) founder Jack Ma's Ant Group Co is likely to apply for a critical financial license by June, Bloomberg reports. The move signals the fintech giant is getting closer to satisfying China's financial regulators, who quashed its listing ambitions in 2020. It followed a broader crackdown that erased over $1 trillion in…

Benzinga

Rivian R1 EVs Will Be Powered By Giant Turbine For 1st Charge

Rivian Automotive Inc (NASDAQ: RIVN) said on Wednesday it plans to install a large-scale wind turbine at its Normal, Illinois, manufacturing campus that will power its R1 vehicles for their first charge.

Benzinga

22 Stocks Moving in Thursday's Pre-Market Session

Gainers WISeKey International Holding AG (NASDAQ: WKEY) rose 74.4% to $2.32 in pre-market trading. WISeKey International recently issued 2022 first-half revenue guidance for its IoT segment.

Benzinga

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Red Robin Gourmet Burgers CEO To Retire At 2022-End

Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) said Paul Murphy, President and Chief Executive Officer, has informed the Board of his intent to retire at the end of 2022. Murphy will be assisting the Board in their search to identify a successor. He will also remain as a special advisor until March 31, 2023,…

Benzinga

US Stock Futures Mixed Ahead Of Jobless Claims, Powell Testimony

Pre-open movers

Benzinga

Earnings Scheduled For June 23, 2022

Companies Reporting Before The Bell • Jerash Holdings (US) (NASDAQ:JRSH) is projected to report quarterly earnings at $0.07 per share on revenue of $30.14 million.

Benzinga

76 Biggest Movers From Yesterday: Ocean Bio-Chem, Athira Pharma And More

Gainers Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares climbed 117.2% to close at $12.86 on Wednesday after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.

Benzinga

Twitter Launching This New Feature Is 'Most Significant Update' In 5 Years, Says Analyst

Twitter, Inc. (NYSE: TWTR) is testing a new feature called Notes to allow lengthier tweets.

Benzinga

Coinbase Phasing Out 'Pro' Exchange: What You Need To Know

Major cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) plans to phase out Coinbase Pro, its trading platform targeted at more advanced traders. What Happened: Coinbase said it plans to wind down its Pro service by the end of the year.

Benzinga

Elon Musk Says 2 Tesla Giga Factories Are Losing Billions With 'Hardly Any Output'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said two of its recently opened manufacturing plants in Austin and Berlin are losing “billions of dollars” with “tonnes of expenses and hardly any output.”

Benzinga

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Benzinga

Cathie Wood Adds $329,000 More Of This Self-Driving Trucking Firm

Cathie Wood-led Ark Investment Management on Wednesday scooped up more shares in self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its second straight buy in the San Diego, California-based startup in over two months.

Benzinga

Elon Musk's 2024 Presidential Pick Beats Donald Trump In New Hampshire Popularity Poll

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s favorite pick to be U.S.

Benzinga

Why Alibaba, Nio, Most Chinese Peers Are Shooting Up In Hong Kong Today

Shares of major U.S.-listed Chinese companies traded mostly higher in Hong Kong on Thursday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), and Baidu Inc (NASDAQ:

Benzinga

Cathie Wood Nears Complete Exit From Disney And This Exercise Bike Maker

Cathie Wood led Ark Investment Management on Wednesday neared a complete exit from Walt Disney Co (NYSE: DIS) and Peloton Interactive Inc (NASDAQ: PTON) as it sold more of its remaining sh

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Benzinga

Elon Musk On Negative Articles About Tesla From 2017 To 2019: 'They Were Thumbing Through The Thesaurus For Bad Words'

Electric vehicle giant Tesla Inc (NASDAQ: TSLA) doesn’t spend money on traditional advertising like its peers and competitors.

Benzinga

Elon Musk Gives New Update On Tesla Cybertruck: Here's When The Vehicle Is Now Expected

A recent interview between Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and the Tesla Owners Silicon Valley Club highlighted a look at the highly anticipated electric pickup truck from the company.

Benzinga

Xenon Pharmaceuticals Shares Drop On Proposed Public Offering

Xenon Pharmaceuticals Inc (NASDAQ:XENE) announced an underwritten public offering of its common shares. Underwriters of the offering will be granted an option for a period of 30 days to purchase an additional 15% of common shares at the public offering price. Jefferies, J.P. Morgan, SVB Securities, and Stifel are acting as joint…

Bangkok Post

Global summit rings the bell for women

To open the market and mark the start of the three-day Global Summit of Women 2022 in Bangkok, female business leaders rang the opening bell at the Stock Exchange of Thailand. The summit examines the importance of women in the private sector and sheds light on gender diversity and equality…

Benzinga

This Is What Whales Are Betting On Lucid Gr

A whale with a lot of money to spend has taken a noticeably bearish stance on Lucid Gr. Looking at options history for Lucid Gr (NASDAQ:LCID) we detected 15 strange trades.

Benzinga

Rivian Automotive Whale Trades For June 22

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 18 strange trades.

Benzinga

Twitter Partners With Shopify For Shopping Ecosystem: What You Need To Know

Social media platform Twitter Inc (NYSE: TWTR) reported a new partnership Wednesday that could help its massive user base better monetize itself.

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