The Latest Breaking News from Nasdaq

Olaplex Holdings Inc (NASDAQ:OLPX) reported first-quarter FY22 sales growth of 57.6% year-on-year to $186.2 million, beating the consensus of $172.46 million. The gross profit increased 50.9% Y/Y to $141.2 million and the gross margin contracted 340 basis points to 75.8%. Selling, general and administrative expenses increased 97.8% to $22.3 million. The operating margin…

Amid the ongoing tech rout, Norges Bank made some cosmetic moves on its tech investments, barring a few liquidations and stake builds.

EVgo Inc (NASDAQ:EVGO) reported first-quarter FY22 sales growth of 86% year-on-year to $7.7 million, missing the consensus of $8.73 million. EVgo's network throughput for the quarter was 8.0 Gigawatt-hours (GWh), a 95% Y/Y growth. Adjusted EBITDA loss was $(18.2) million versus $(9.8) million last year. Gross loss for the quarter narrowed to $(0.6)…

Loup Ventures' Gene Munster is cautious on the broader technology sector, but there are two big tech names he remains bullish on.

Rivian Automotive, Inc (NASDAQ: RIVN) was falling over 7% lower on Wednesday as the electric vehicle manufacturer headed into its first-quarter earnings print, which is expected after the market close.

U.S. stocks traded mixed midway through trading, with the Dow Jones jumping more than 100 points on Wednesday.

DVD rental and streaming company Redbox Entertainment Inc (NASDAQ: RDBX) was the subject of a takeover offer Wednesday, or what some are calling a takeunder offer due to the acquisition price being less than the price of the stock. Here are the details.

  On Wednesday, 807 companies reached new 52-week lows.

Gainers Trecora Resources (NYSE: TREC) shares jumped 26.6% to $9.56 as the company agreed to be acquired by an affiliate of Balmoral Funds at $9.81 per share in cash or an enterprise value of $247 million.

Tesla, Inc (NASDAQ:TSLA) urged Panasonic Holdings Corporation (OTC:PCRFY) to speed up the development of its next-generation 4680 batteries, Bloomberg reports as per Panasonic CFO Hirokazu Umeda. Umeda disclosed ongoing robust demand for batteries at a post-results briefing, including the 2170 cells it supplies for Tesla’s electric vehicles. Umeda said, “We seeing continued strong demand from…

On Tuesday, shares of Urban One, Inc. (NASDAQ: UONE) experienced volatile short activity. After the activity, the stock price moved up 1.38% to $9.57.  The overall sentiment for UONE has been Bullish.