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The Latest Breaking News from Nasdaq

Morning Brief: Top Financial Stories Dominating on Friday, May 6

Reuters IHG Hotels & Resorts On Way To Recovery As Travel Booms

Closely Watched Bausch + Lomb IPO Priced Below Expectations

Closely Watched Bausch + Lomb IPO Priced Below Expectations

Bausch + Lomb Corp (NASDAQ:BLCO) has priced its initial public offering at $18/share, falling short of expectations as it became the first big company in months to try going public in a turbulent stock market, writes Wall Street Journal. Bausch Health Companies Inc (NYSE:BHC), the parent company, raised $630 million in the offering. According to…

FDA Limits Use of Johnson & Johnson's COVID-19 Vaccine to Certain Individuals - All You Should Know

FDA Limits Use of Johnson & Johnson's COVID-19 Vaccine to Certain Individuals - All You Should Know

The FDA said it was limiting the use of Johnson & Johnson's (NYSE:

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Here's Why Turtle Beach Shares Are Trading Lower Premarket

Turtle Beach Corporation (NASDAQ:HEAR) weighed a sales process as it considers ways to maximize value for shareholders. Some potential buyers broke off discussions due to Turtle Beach's dependence on console gaming headsets and cyclicality. Speculation has mounted about Turtle Beach's prospects due to its boardroom battle with hedge fund Donerail Group trying to oust all…

Intercept Pharmaceuticals: Q1 Earnings Insights

Intercept Pharmaceuticals (NASDAQ:ICPT) reported its Q1 earnings results on Friday, May 6, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Tesla Will Run Two Shifts At Shanghai Plant From May 16

Tesla, Inc (NASDAQ:TSLA) looks to run two shifts at its Shanghai plant from May 16, Reuters reports. The additional shift would enable the EV maker to return factory output to pre-lockdown levels. Tesla aims to churn out 2,600 electric cars from the Shanghai plant per day. Also Read: Tesla Shanghai Workers Forced To…

Immunogen: Q1 Earnings Insights

Immunogen (NASDAQ:IMGN) reported its Q1 earnings results on Friday, May 6, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

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A Brutal Reversal for the Stock Market...

A Brutal Reversal for the Stock Market...

The S&P 500 wiped out its post-FOMC gains in a brutal, bearish session on Thursday. Read on to find out the right gameplan for this market environment, including an endgame for the correction and a sector that continue to offer upside.

Elon Musk Linking Up Twitter Deal Funds With Larry Ellison, Others 'Smart And Strategic,' Says Analyst

Elon Musk Linking Up Twitter Deal Funds With Larry Ellison, Others 'Smart And Strategic,' Says Analyst

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s move to shore up $7.1 billion in new financing from 19 investors including Oracle Corp (NYSE: ORCL) founder Larry E

Apple May Not Like It But You Can Play Fortnite On iPhone, iPad Again Now: Here's How

Apple May Not Like It But You Can Play Fortnite On iPhone, iPad Again Now: Here's How

In what can only be described as an epic move, Fortnite is making its way back to Apple Inc (NASDAQ: AAPL) smartphones and tablets via Microsoft Corporation’s (NASDAQ: MSFT) Xbox Cloud Gaming service.

Cathie Wood Raises Stake In Robinhood, 2 Other Crypto-Linked Stocks On The Dip

Cathie Wood Raises Stake In Robinhood, 2 Other Crypto-Linked Stocks On The Dip

Cathie Wood-led Ark Investment Management on Thursday scooped up more shares in cryptocurrency-linked companies Robinhood Markets Inc (NASDAQ: HOOD), Coinbase Global Inc (NASDAQ: COIN<

ACM Research Misses Q1 Due To Shanghai Lockdown

ACM Research Misses Q1 Due To Shanghai Lockdown

ACM Research, Inc (NASDAQ:ACMR) reported a first-quarter FY22 revenue decline of 3.5% year-on-year to $42.2 million, missing the consensus of $51.8 million. The decline reflected lower revenue from single wafer wet cleaning tools, advanced packaging, and other back-end processing equipment due to COVID-19 restrictions in Shanghai. The Shanghai lockdown negatively impacted revenue from…

Recap: Interface Q1 Earnings

Recap: Interface Q1 Earnings

Interface (NASDAQ:TILE) reported its Q1 earnings results on Friday, May 6, 2022 at 05:30 AM. Here's what investors need to know about the announcement.

24 Stocks Moving in Friday's Pre-Market Session

24 Stocks Moving in Friday's Pre-Market Session

Gainers Vinco Ventures, Inc. (NASDAQ: BBIG) shares rose 35% to $3.47 in pre-market trading. Vinco Ventures set record date as May 18, 2022 For dividend of shares related to Cryptyde deal. The dividend is expected to be distributed on May 27, 2022.

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Digital Brands Shares Plummet On Pricing Equity Offering At 50% Discount

Digital Brands Group Inc (NASDAQ:DBGI) has priced its underwritten public offering of 37.4 million shares at $0.25 per share. The offer price represents a 50% discount on Digital’s closing price on May 5, 2022. The company has granted the underwriters a 45-day option to purchase up to 5.4 million additional shares of common…

Recap: Silvercrest Asset Mgmt Q1 Earnings

Silvercrest Asset Mgmt (NASDAQ:SAMG) reported its Q1 earnings results on Friday, May 6, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Lucid To Hike EV Prices From June, Sticks To Lowered 2022 Target As Supply Issues Linger

Lucid Group Inc (NASDAQ: LCID) said on Thursday it would increase the prices of its electric vehicles from June and stick to its lowered production target for 2022 that it had provided in March due to supply chain issues.

A Peek Into The Markets: US Stock Futures Down; Jobs Report In Focus

Pre-open movers

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Apple Will No Longer Accept Indian Debit, Credit Cards For App Purchases: Here's Why

Apple Inc (NASDAQ: AAPL) will no longer be accepting Indian debit and credit cards as a payment method for apps and subscriptions on the App Store.

Elon Musk's $400M Backing From a16z For Twitter Also Brings Facebook In The Picture

Andreessen Horowitz’s bid to join Tesla Inc (NASDAQ: TSLA) CEO Elon Musk in his takeover of Twitter Inc (NYSE: TWTR) could reportedly spur a conflict

83 Biggest Movers From Yesterday

Gainers Hudson Technologies, Inc. (NASDAQ: HDSN) shares jumped 26.9% to close at $9.06 on Thursday after the company reported better-than-expected Q1 EPS and sales results.

Earnings Scheduled For May 6, 2022

Companies Reporting Before The Bell • Brookfield Renewable (NYSE:BEP) is expected to report quarterly loss at $0.02 per share on revenue of $1.27 billion.

Tesla's India Team Shifts Focus To Wider APAC Region Amid Regulatory Woes

Tesla Inc (NASDAQ: TSLA) may now be headed to the larger Asia-Pacific (APAC) market as it continues to face regulatory challenges in India, according to an Economic Times

Come June, Facebook Will No Longer Tell You When Your Friends Are Nearby

Meta Platforms Inc (NASDAQ: FB) social media platform Facebook is reportedly pulling the plug on “Nearby Friends” and some other location-based features.

Tesla Battery Supplier CATL Said To Actively Explore Sites For US Manufacturing Plants

Tesla, Inc. (NASDAQ: TSLA) battery supplier CATL is reportedly considering setting up manufacturing plants in the United States.

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