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The Latest Breaking News from Nasdaq

Mersana Stock Gains On FDA Orphan Drug Designation For Gastric Cancer Drug

Mersana Therapeutics, Inc. (NASDAQ: MRSN) received orphan drug designation from the U.S. Food and Drug Administration (FDA) for its drug candidate XMT-2056 or the treatment of gastric cancer. The company is planning to start a clinical study evaluating XMT-2056 for gastric and other cancers.

The Daily Biotech Pulse: Valneva's COVID-19 Vaccine Filing Accepted By EMA, Enanta's RSV Candidate Fails, Orphan Drug Tag For Mersana's Gastric Cancer Candidate

The Daily Biotech Pulse: Valneva's COVID-19 Vaccine Filing Accepted By EMA, Enanta's RSV Candidate Fails, Orphan Drug Tag For Mersana's Gastric Cancer Candidate

Here's a roundup of top developments in the biotech space over the last 24 hours:

G Medical Warns On Missing Q1 Sales Guidance Of $30M

G Medical Warns On Missing Q1 Sales Guidance Of $30M

G Medical Innovations Holdings Ltd (NASDAQ:GMVD) said that it would not meet its forecast of $30 million in revenues in Q1 of 2022. The company said that the previously reported purchase orders from McDade Products LLC for 6 million co-branded LiveNow COVID-19 PCR Test Collection Kits (approximately $20 million in orders) have not materialized into…

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'Ridiculous,' 'Wacktivism:' Cathie Wood, Elon Musk React To Tesla's Removal From S&P 500 ESG Index

Popular money manager and Tesla Inc (NASDAQ: TSLA) bull Cathie Wood on Wednesday slammed the move to boot the EV maker from the S&P 500's ESG Index after its billionaire CEO Elon Musk called

Apple Faces Lawsuit Over Allegedly Forcing Workers To Attend Anti-Union Speeches

Apple, Inc. (NASDAQ: AAPL) seems to have ruffled the feathers of the largest union of communication workers in the U.S. even as it strives to win over its retail store employees.

More Bearish Bets For Costco Wholesale

Amid the broader retail bloodbath on Wednesday, shares of Costco Wholesale Corporation (NASDAQ: COST) tanked more than 12% in their worst performance since 2003.

Cramer Shares His Thoughts On BioNTech, Vertex Energy And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Veru Inc. (NASDAQ: VERU) is "up a great deal … we caught it much lower."

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Tesla Bull Cathie Wood Scoops Up $11.5M In Bill Gates-Backed Biotech's Stock

Tesla Bull Cathie Wood Scoops Up $11.5M In Bill Gates-Backed Biotech's Stock

Ark Investment Management, led by Tesla Inc.

Vietnam PM Met Apple CEO Tim Cook During Recent US Visit To Discuss Manufacturing

Vietnam PM Met Apple CEO Tim Cook During Recent US Visit To Discuss Manufacturing

During his recent visit to the United States, Vietnamese Prime Minister Pham Minh Chinh made a visit to Silicon Valley tech giants including Apple Inc (NASDAQ: AAPL) to discuss business, according to

24 Stocks Moving in Thursday's Pre-Market Session

24 Stocks Moving in Thursday's Pre-Market Session

Gainers Acorda Therapeutics, Inc. (NASDAQ: ACOR) shares rose 20.9% to $0.70 in pre-market trading after dropping 12% on Wednesday. Acorda Therapeutics recently posted a Q1 loss of $1.66 per share.

Netflix Said To Be Rapidly Losing Support From Longtime Subscribers

Netflix Said To Be Rapidly Losing Support From Longtime Subscribers

Netflix Inc's (NASDAQ: NFLX) troubles seem to be running deeper. The streaming giant is reportedly losing the support of its longtime subscribers as it tries to pull out all the stops to turn around its fortunes.

Jack Dorsey: Block's Entire Business Will Move Faster Thanks To Bitcoin

Jack Dorsey: Block's Entire Business Will Move Faster Thanks To Bitcoin

Jack Dorsey, CEO of Block Inc (NASDAQ: SQ), expects Bitcoin (CRYPTO: BTC) to be the driving force of the company’s business expansion across the globe,

This Hidden iPhone, iPad Feature Can Really Improve Your Audio, Video Calling Experience

This Hidden iPhone, iPad Feature Can Really Improve Your Audio, Video Calling Experience

The iPhone and other Apple, Inc. (NASDAQ: AAPL) devices have a not-so-conspicuous feature that can improve the quality of audio and video calls, the Verge reported.

Earnings Scheduled For May 19, 2022

Earnings Scheduled For May 19, 2022

Companies Reporting Before The Bell • Sociedad Quimica Y Minera (NYSE:SQM) is projected to report quarterly earnings at $1.28 per share on revenue of $1.28 billion.

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76 Biggest Movers From Yesterday

Gainers Bright Green Corp. (NASDAQ: BGXX) jumped 90.5% to close at $48.08 on Wednesday. Bright Green Corporation, went public on the NASDAQ Tuesday, becoming the first U.S. plant-touching company to list on a major U.S. stock exchange.

How You Can Score A Free 3-Month Xbox PC Game Pass

The PC Game Pass from Microsoft Corporation's (NASDAQ: MSFT) Xbox costs $9.99 per month, but there’s a way to access a three-month free trial.

Tesla Expands Supercharger Access To EVs Made By Other Companies In These Countries

Tesla Inc (NASDAQ: TSLA) has expanded access to its supercharger network to all electric cars in select locations in the United Kingdom and Europe, two months after making the service available in the Netherlands.

5 Stocks To Watch For May 19, 2022

Some of the stocks that may grab investor focus today are:

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Elon Musk's Tweets On Politics, ESG Ratings On Wednesday May Have Cost Him $12B

Tesla Inc (NASDAQ: TSLA) shares sank to their lowest level this year on Wednesday, wiping out $12.3 billion from CEO Elon Musk's net worth, Bloomberg News

Jeff Bezos Pulls An Elon Musk And Heaps Praise On Dogecoin Creator

It is routine to find Tesla Inc (NASDAQ: TSLA) CEO Elon Musk in the comments section of Dogecoin (CRYPTO: DOGE) co-creator Billy Markus' tweet but there's

A Decade From Facebook's IPO: Here's How Much $1,000 Invested In 2012 Is Worth Today Vs. Big Tech Peers

Meta Platforms Inc (NASDAQ: FB) made a high-profile Wall Street debut on May 18, 2012, when it was called Facebook. The initial public offering of 421.234 million shares was priced at $38 apiece, valuing the company at a whopping $104.12 billion.

SpaceX's Falcon 9 Sends Fleet Of 53 Starlink Satellites To Space

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned SpaceX on Wednesday successfully launched a fresh fleet of 53 Starlink satellites to earth’s low orbit from NASA's Kennedy Space Center in Florida.

Sector Rotation And 9 Stocks To Watch During A Recession

Is the United States heading toward a recession? This has been the looming question on the minds of Americans since inflation topped at 8.5% in March, matched with other indicators such as rising interest rates and the bond market’s inverted yield curve.

6 Stocks Halted In Wednesday's Session: Here's Why

A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.

Synopsys Stock Gains After Q2 Results Tops Estimates, Raised FY22 Guidance

Synopsys, Inc. (NASDAQ: SNPS) reported secon

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