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The Latest Breaking News from Nasdaq

Analyst Ratings for Marvell Tech

Analysts have provided the following ratings for Marvell Tech (NASDAQ:MRVL) within the last quarter:

Benzinga

Amazon Explores Service That Could Reduce Its Capex

Amazon.com Inc (NASDAQ:AMZN) tested a service using its sprawling network of gig drivers to fetch packages from mall-based retailers and deliver them to customers, Bloomberg reports. Amazon can entertain shoppers seeking same-day or quicker shipping with a local mall store products struggling to remain relevant as shoppers flocked online. The program will…

Benzinga

Here's How Analysts View Nvidia Ahead Of Its Quarterly Results

Wells Fargo analyst Aaron Rakers maintained NVIDIA Corp (NASDAQ: NVDA) with an Overweight

Benzinga

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New FDA 510(k) Clearance Expands Anika's Sports Medicine Soft Tissue Portfolio

Anika Therapeutics Inc (NASDAQ:ANIK) has received FDA 510(k) clearance for the X-Twist Knotless Fixation System, a platform of suture anchors designed to be mechanically robust, easy to use, and support healing for critical repairs such as rotator cuff repair. According to SmartTRAK, nearly 670,000 rotator cuff procedures were performed in 2021, mainly in…

Benzinga

BridgeBio Partnered Protein Replacement Therapy Shows Promising Action In Painful Skin Blistering Disorder

BridgeBio Pharma Inc (NASDAQ:BBIO) and affiliate company Phoenix Tissue Repair announced data from the Phase 2 trial of PTR-01 in recessive dystrophic epidermolysis bullosa (RDEB). PTR-01 is an intravenously-administered recombinant collagen 7 (rC7) protein replacement therapy. RDEB is one of the most severe forms of epidermolysis bullosa, characterized by severe and painful skin…

Benzinga

4 Ross Analysts React To Q1 Earnings Miss, Guidance Cut, Execution Missteps

Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers.

Benzinga

Why Novavax Shares Are Diving Today

Novavax, Inc. (NASDAQ: NVAX) shares are trading lower by 14.20% at $50.14. Bank of America's Alec Stranahan initiated coverage of Novavax with an Underperform rating and a price target of $35.

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H.C. Wainwright Bumps Up Price Target On This Dry Bulk Shipping Company - Read Why

H.C. Wainwright analyst Magnus Fyhr raised the price target for Golden Ocean Group Ltd (NASDAQ:GOGL) to $18 (an upside of 17%) from $13 and maintained the Neutral rating on the shares. The analyst stated that GOGL trades at a premium to the drybulk peer group. Its shares are fairly valued trading at 7.5x 2022E EV/EBITDA…

Benzinga

Here's Why Citi Remains Bullish On Amazon Despite Knocking It Off Focus List

Citi analyst Ronald Josey considers Amazon.com Inc (NASDAQ: AMZN) vulnerable to softening consumer spending trends.

Benzinga

Here's Why Apple Remains Top Pick For Wedbush Amid Odds

Apple Inc's (NASDAQ: AAPL) iPhone demand is "better than expected" for the quarter, and its supply chain is proving "surprisingly resilient," Wedbush's Dan Ives said:

Benzinga

Looking At Marvell Tech's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Marvell Tech. Looking at options history for Marvell Tech (NASDAQ:MRVL) we detected 12 strange trades.

Benzinga

Rivian Automotive Whale Trades For May 20

Someone with a lot of money to spend has taken a bearish stance on Rivian Automotive (NASDAQ:RIVN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Mid-Afternoon Market Update: Dow Dips Over 500 Points; Ross Stores Shares Slide

U.S. stocks extended losses toward the end of trading, with the Dow Jones dropping more than 500 points on Friday.

Benzinga

9 Stocks Moved By Traders On 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

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Senmiao To Provide Online Ride-Hailing Services For This Travel Agency In China

Senmiao Technology Ltd (NASDAQ:AIHS) said its wholly-owned subsidiary Hunan Xixingtianxia Technology Co Ltd has entered into an agreement with a subsidiary of Trip.com Group Limited (NASDAQ:TCOM). Under the agreement, Hunan Xixingtianxia will provide online ride-hailing services for clients of Trip.com. Hunan Xixingtianxia will have access to customers utilizing Trip.com's online platforms, including www.ctrip.com, www.trip.com, and other related…

Benzinga

10 Of The Highest Volume Options Contracts On Friday

Trading volume is critical for small-window options traders, as it gives insight into how many contracts have been purchased on an options strike. A high-volume option can provide liquidity, giving investors a better opportunity to sell their contracts over those with lower volumes.

Benzinga

10 Industrials Stocks Moving In Friday's Intraday Session

Benzinga

DA Davidson Maintains Buy Rating for Applied Materials: Here's What You Need To Know

DA Davidson has decided to maintain its Buy rating of Applied Materials (NASDAQ:AMAT) and lower its price target from $185.00 to $170.00. Shares of Applied Materials are trading down 5.08% over the last 24 hours, at $105.11 per share.

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Benzinga

PayPal Holdings Whale Trades For May 20

Someone with a lot of money to spend has taken a bearish stance on PayPal Holdings (NASDAQ:PYPL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Barclays Maintains Overweight Rating for MongoDB: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of MongoDB (NASDAQ:MDB) and lower its price target from $410.00 to $330.00. Shares of MongoDB are trading up 1.26% over the last 24 hours, at $248.41 per share. A move to $330.00 would account for a 32.84% increase from the current share…

Benzinga

Citigroup Maintains Buy Rating for Autodesk: Here's What You Need To Know

Citigroup has decided to maintain its Buy rating of Autodesk (NASDAQ:ADSK) and lower its price target from $286.00 to $264.00. Shares of Autodesk are trading down 1.6% over the last 24 hours, at $190.62 per share. A move to $264.00 would account for a 38.5% increase from the current share…

Benzinga

XpressSpa Boosts Stock Buyback Plan

XpressSpa Group Inc (NASDAQ:XSPA) Board of Directors has authorized a 10 million share increase to its existing stock repurchase program. The board had extended the share buyback program through September 15, 2023. XSPA had 3.2 million shares remaining in the original stock repurchase program, announced in August 2021 for 15 million shares. The company…

Benzinga

What's Going On With Tesla Stock Today

Tesla Inc (NASDAQ: TSLA) shares are trading lower amid overall market weakness. The weakness is also possibly on continued volatility amid economic uncertainty and uncertainty surrounding Elon Musk’s Twitter deal.

Benzinga

Read How China Index Fared In Q1

China Index Holdings Limited (NASDAQ:CIH) reported a first-quarter FY22 revenue decline of 11.4% year-on-year to RMB118.5 million, primarily due to the broad macro-environment challenges. Information and analytics services (SaaS) revenues were RMB56.6 million, down 11.2% Y/Y. Revenues from marketplace services were RMB61.9 million, down 11.6% Y/Y. Operating income was RMB45.3 million, down 25.5%…

Benzinga

Mid-Day Market Update: Dow Tumbles 200 Points; TherapeuticsMD Shares Jump

U.S. stocks traded lower midway through trading, with the Dow Jones dropping around 200 points on Friday.

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