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The Latest Breaking News from Nasdaq

Olaplex Clocks 58% Top-Line Growth In Q1; Affirms FY22 Forecast

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…

Norwegian Central Bank Substantially Reduces Stakes In Alibaba And This Chipmaker: Here's What Norges Bought Instead

Norwegian Central Bank Substantially Reduces Stakes In Alibaba And This Chipmaker: Here's What Norges Bought Instead

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

EVgo Q1 Results Miss Street View; Affirms FY22 Outlook

EVgo Q1 Results Miss Street View; Affirms FY22 Outlook

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)…

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Gene Munster Turns Cautious On Tech Stocks, But Not Apple Or Tesla: Here's Why

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

What To Watch On Rivian's Stock Heading Into Q1 Earnings

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.

Mid-Day Market Update: Crude Oil Surges 6%; Kornit Digital Shares Plummet

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

Redbox Gets Acquired With Bizarre Takeunder Financing: What You Need To Know

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.

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Stocks That Hit 52-Week Lows On Wednesday

Stocks That Hit 52-Week Lows On Wednesday

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

52 Stocks Moving In Wednesday's Mid-Day Session

52 Stocks Moving In Wednesday's Mid-Day Session

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 Urges Panasonic To Fast-Track Development Of Next-Gen Batteries

Tesla Urges Panasonic To Fast-Track Development Of Next-Gen Batteries

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…

Short Volatility Alert: Urban One

Short Volatility Alert: Urban One

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.

Short Volatility Alert: Meta Materials

Short Volatility Alert: Meta Materials

On Tuesday, shares of Meta Materials Inc. (NASDAQ: MMAT) experienced volatile short activity. After the activity, the stock price moved down 2.48% to $1.18. The overall sentiment for MMAT has been Bearish.

Short Volatility Alert: Upstart Holdings

Short Volatility Alert: Upstart Holdings

On Tuesday, shares of Upstart Holdings, Inc. (NASDAQ: UPST) experienced volatile short activity. After the activity, the stock price moved down -56.42% to $33.61. The overall sentiment for UPST has been Bearish.

Here's Why Meta And AMD Collaborated

Here's Why Meta And AMD Collaborated

Facebook parent Meta Platforms Inc (NASDAQ:FB) and chipmaker Advanced Micro Devices, Inc (NASDAQ:AMD) collaborated on a mobile internet infrastructure program. The partnership would decrease base station costs to make broadband more accessible worldwide. AMD's radio chip, Xilinx Zynq UltraScale RFSoC, will be used in the Evenstar radio units. Also Read: Intel Fires Up Rivalry With Nvidia, TSMC…

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Earnings Outlook For HTG Molecular Diagnostics

HTG Molecular Diagnostics (NASDAQ:HTGM) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that HTG Molecular Diagnostics will report an earnings per share (EPS) of $-0.71.

Earnings Preview For Qumu

Qumu (NASDAQ:QUMU) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that Qumu will report an earnings per share (EPS) of $-0.21.

Earnings Preview: Eyenovia

Eyenovia (NASDAQ:EYEN) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that Eyenovia will report an earnings per share (EPS) of $-0.23.

Salarius Pharmaceuticals's Earnings: A Preview

Salarius Pharmaceuticals (NASDAQ:SLRX) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that Salarius Pharmaceuticals will report an earnings per share (EPS) of $-0.09.

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Where Rackspace Tech Stands With Analysts

Rackspace Tech (NASDAQ:RXT) has observed the following analyst ratings within the last quarter:

X4 Pharmaceuticals's Earnings Outlook

X4 Pharmaceuticals (NASDAQ:XFOR) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that X4 Pharmaceuticals will report an earnings per share (EPS) of $-0.61.

Marchex's Earnings Outlook

Marchex (NASDAQ:MCHX) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that Marchex will report an earnings per share (EPS) of $-0.02.

A Preview Of Where Food Comes From's Earnings

Where Food Comes From (NASDAQ:WFCF) is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement. Analysts estimate that Where Food Comes From will report an earnings per share (EPS) of $0.05.

6 Analysts Have This to Say About Plains All American

Analysts have provided the following ratings for Plains All American (NASDAQ:PAA) within the last quarter:

Oppenheimer Maintains Outperform Rating for IAC/InterActive: Here's What You Need To Know

Oppenheimer has decided to maintain its Outperform rating of IAC/InterActive (NASDAQ:IAC) and lower its price target from $155.00 to $135.00. Shares of IAC/InterActive are trading up 2.34% over the last 24 hours, at $80.94 per share.

Needham Maintains Buy Rating for GLOBALFOUNDRIES: Here's What You Need To Know

Needham has decided to maintain its Buy rating of GLOBALFOUNDRIES (NASDAQ:GFS) and lower its price target from $87.00 to $70.00. Shares of GLOBALFOUNDRIES are trading down 5.06% over the last 24 hours, at $50.06 per share. A move to $70.00 would account for a 39.83% increase from the current share…

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