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The Latest Breaking News from Nasdaq

Why Bitcoin- And Ethereum-Related Stock BitNile Is Diving Today

Bitnile Holdings Inc (NASDAQ: NILE) shares are trading lower by 12.65% at $0.27. The company reported first quarter sales results were higher year-over-year during Monday’s after-hours session.

Mid-Morning Market Update: Markets Open Lower; Best Buy Cuts FY23 Forecast

Mid-Morning Market Update: Markets Open Lower; Best Buy Cuts FY23 Forecast

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 100 points on Tuesday.

4 Analysts Have This to Say About Icon

4 Analysts Have This to Say About Icon

Analysts have provided the following ratings for Icon (NASDAQ:ICLR) within the last quarter:

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Expert Ratings for Jack In The Box

Analysts have provided the following ratings for Jack In The Box (NASDAQ:JACK) within the last quarter:

What 4 Analyst Ratings Have To Say About RAPT Therapeutics

Analysts have provided the following ratings for RAPT Therapeutics (NASDAQ:RAPT) within the last quarter:

Benzinga's Top Ratings Upgrades, Downgrades For May 24, 2022

Cannabis Movers & Shakers: Mind Medicine, 22nd Century Group, Grown Rogue International

Mind Medicine Names New CEO Mind Medicine Inc. (NASDAQ: MNMD) (NEO: MMED) has hired Schond L. Greenway to oversee its finance department.

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Atlas Air Worldwide Hldgs's Return On Capital Employed Insights

Atlas Air Worldwide Hldgs's Return On Capital Employed Insights

Pulled from Benzinga Pro data, Atlas Air Worldwide Hldgs (NASDAQ:AAWW) posted Q1 earnings of $81.51 million, an increase from Q4 of 53.88%. Sales dropped to $1.04 billion, a 10.82% decrease between quarters.

CommScope Holding Co's Return On Capital Employed Overview

CommScope Holding Co's Return On Capital Employed Overview

CommScope Holding Co (NASDAQ:COMM) brought in sales totaling $2.23 billion during Q1 according to data provided by Benzinga Pro. However, earnings decreased 60.8%, resulting in a loss of $139.90 million.

AnaptysBio's Return On Capital Employed Insights

AnaptysBio's Return On Capital Employed Insights

Benzinga Pro data, AnaptysBio (NASDAQ:ANAB) reported Q1 sales of $970.00 thousand. Earnings fell to a loss of $36.26 million, resulting in a 11.42% decrease from last quarter.

Looking Into European Wax Center's Return On Capital Employed

Looking Into European Wax Center's Return On Capital Employed

Pulled from Benzinga Pro data, European Wax Center (NASDAQ:EWCZ) showed a loss in earnings since Q4, totaling $4.03 million. Sales, on the other hand, increased by 0.7% to $45.43 million during Q1.

Galapagos In-licenses Inflammatory Bowel Disease Drug Targets From Scipher Medicine

Galapagos In-licenses Inflammatory Bowel Disease Drug Targets From Scipher Medicine

Scipher Medicine announced that Galapagos (NASDAQ:GLPG) has exercised its option to in-license novel drug targets for inflammatory bowel disease (IBD) discovered by Scipher's Spectra platform. In August 2020, Galapagos and Scipher Medicine agreed to jointly validate a suite of novel IBD targets discovered by Spectra. Galapagos has the exclusive option to in-license certain validated preclinical targets…

Genocea Closes Shop, Delists From NASDAQ

Genocea Closes Shop, Delists From NASDAQ

Genocea Biosciences Inc's (NASDAQ:GNCA) board has voted to wind down the company's ongoing operations and terminate the remaining employees except those deemed necessary to complete an orderly wind down. Yesterday, the company delivered formal notice to The Nasdaq Stock Market Inc of its intent to delist voluntarily and its plans to file a…

Ocugen Diversifies Its Pipeline With New Cell Therapy Platform

Ocugen Diversifies Its Pipeline With New Cell Therapy Platform

Ocugen Inc (NASDAQ:OCGN) says it is diversifying its pipeline by introducing a Phase 3 cell therapy platform technology called NeoCart (autologous chondrocyte-derived neocartilage). Recently, the FDA granted a Regenerative Medicine Advanced Therapy (RMAT) designation to NeoCart to repair full-thickness lesions of the knee cartilage in adults. NeoCart is a three-dimensional tissue-engineered disc of…

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Snap's Warning Has Implications For These 6 Stocks

Snap set early alarm bells ringing for social media companies with its warning concerning second-quarter performance. An analyst at KeyBanc Capital Markets sees a read-across for these six companies.

Washington Attorney General Indicts Meta's Mark Zuckerberg For Alleged Role In Cambridge Analytica Scandal

The attorney general for Washington, D.C., charged Meta Platforms Inc (NASDAQ:FB) Facebook founder Mark Zuckerberg for allegedly participating in decision-making that led to the Cambridge Analytica data breach, the Wall Street Journal reports. The evidence shows Zuckerberg was personally involved in Facebook’s failure to protect the privacy and data of its users leading…

Why Elbit Systems Stock Is Sliding Today

Elbit Systems Ltd (NASDAQ:ESLT) reported first-quarter FY22 revenue growth of 21% year-over-year to $1.35 billion, with a significant part of the growth being organic, in addition to the contribution of Sparton. Adjusted gross margin declined 100 bps to 24.6%. Adjusted operating margin contracted to 4.9% from 8.3% in 1Q21. Adjusted EPS fell to…

Nvidia Announces New Liquid-Cooled GPUs: How It Will Double Data Center Computing Power

Nvidia Corporation (NASDAQ: NVDA) made a splash with its announcements at "Computex 2022," that is currently underway in Taiwan.

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Activision Blizzard Employees Proceed Towards Unionization

Twenty-two quality-assurance testers at Activision Blizzard, Inc (NASDAQ:ATVI) studios have voted in favor of unionizing with the Communications Workers of America, the Wall Street Journal reports. The workers took part in the vote at Middleton, Wisconsin-based Raven, on May 23 amid opposition from Activision management. The move followed years of complaints about excessive…

Why Petco Shares Are Gaining Today

Petco Health And Wellness Company Inc (NASDAQ:WOOF) reported first-quarter FY22 sales growth of 4.3% year-on-year, to $1.48 billion, beating the consensus of $1.46 billion. Comparable sales growth was 5.1%. The gross profit rose 2% Y/Y to $607.7 million with a margin of 41.2%. Selling, general and administrative expenses increased 2% to $557.7 million.…

Where Cytokinetics Stands With Analysts

Within the last quarter, Cytokinetics (NASDAQ:CYTK) has observed the following analyst ratings:

Why Zoom Shares Are Rising Today

Zoom Video Communications Inc (NASDAQ: ZM) shares are trading higher Tuesday morning after the company reported better-than-expected financial results and issued guidance above analyst estimates.

FDA Lifts Partial Hold On Alpine Immune's Davoceticept Combo Trial In Advanced Cancer

The FDA has removed the partial clinical hold placed on Alpine Immune Sciences Inc's (NASDAQ:ALPN) NEON-2 trial of davoceticept (ALPN-202) in advanced malignancies. Davoceticept is a first-in-class conditional CD28 costimulator and a dual checkpoint inhibitor. The partial clinical hold was prompted by Alpine's report of patient death in the NEON-2 trial. The trial is evaluating davoceticept…

Fintech Spotlight: FTX Floating Acquisitions Of Webull, Apex And Public.com

Fresh after CEO Sam Bankman-Fried disclosed a stake in Robinhood Markets Inc (NASDAQ: HOOD), FTX reportedly is in talks regarding acquisitions with large firms including Webull, Public.com, and Apex Clearing.

Expect More Musk-Related Fireworks At Twitter Shareholder Meeting This Week: Wedbush Analyst

Twitter Inc’s (NASDAQ: TWTR) special meeting with shareholders on Wednesday is expected to kick off some more fireworks between Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and the micr

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