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The Latest Breaking News from Nasdaq

Here's Why UBS Is Cautious On Microsoft, Alibaba

UBS painted a cautious picture of Microsoft Corp (NASDAQ: MSFT) and Alibaba Group Holding Ltd (NYSE: BABA).

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Fortnite Maker Clocks $32B Valuation After Raising Funds From Sony, Lego

Fortnite maker Epic Games raised $2 billion from Sony Group Corp (NYSE:SONY) and the family-owned holding company behind the Lego Group, reaching a valuation of $31.5 billion, Reuters reports. Sony, an existing investor, and the Kirkbi investment company invested $1 billion to help Epic accomplish its metaverse ambitions. Epic Games essentially lost a trial in…

Benzinga

Former Intel Executive Founded Chipmaker Confidentially Files For US IPO

Former Intel Corp (NASDAQ:INTC) President founded chipmaker Ampere Computing has confidentially filed for a U.S. initial public offering, Reuters reports. Founder Renee James, who serves as Ampere's CEO, also is a board member of Citigroup Inc (NYSE:C) and Oracle Corp (NYSE:ORCL). Chip demand surged during the pandemic with the shift to remote work with GLOBALFOUNDRIES Inc (NASDAQ:GFS) making its public debut. However,…

Benzinga

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Eton Pharmaceuticals Names James Gruber Finance Chief

Eton Pharmaceuticals Inc (NASDAQ:ETON) has appointed James Gruber as Chief Financial Officer effective immediately. He succeeds Wilson Troutman, who is retiring. Mr. Troutman will remain with the company through May to ensure a smooth transition. Mr. Gruber, most recently, was the U.S. Controller at Horizon Therapeutics (NASDAQ:HZNP) for seven years, where he oversaw…

Benzinga

Why Veru Shares Are Rising After Hours

Veru Inc (NASDAQ: VERU) shares are trading higher in Monday's after-hours session on continued momentum from the regular session.

Benzinga

3 Stocks That Could Benefit From The Record-Breaking Weekend Of 'Sonic The Hedgehog 2'

The highly anticipated sequel “Sonic the Hedgehog 2” was the box office leader for the weekend and posted some record-breaking numbers. Here are three stocks that could enjoy the success of “Sonic the Hedgehog 2.”

Benzinga

Markets Fall Amid New 2-Year High For 10-Year Treasury Note

U.S. indices fell Monday in anticipation of expected Fed rate hikes this year as the Fed seeks to curb inflation. A rise in bond yields has pressured technology and growth stock valuations. The 10-year Treasury yield hit an intraday and 2-year high of 2.784% Monday morning before dipping to around…

Benzinga

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Apple Begins Manufacturing iPhone In India, Marking Setback For China

Apple Inc (NASDAQ:AAPL) has started manufacturing the iPhone 13 in India, Reuters reports. Apple produced the iPhone at a local plant of Apple's Taiwanese contract manufacturer Hon Hai Precision Industry Co Ltd (OTC:HNHAF), operating as Foxconn in Sriperumbudur in Southern Tamil Nadu. Also Read: China's Smartphone Shipment Plunges By 32% In February, Here's Why Apple Could…

Benzinga

What 4 Analyst Ratings Have To Say About Baker Hughes

Analysts have provided the following ratings for Baker Hughes (NASDAQ:BKR) within the last quarter:

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What 8 Analyst Ratings Have To Say About SBA Communications

SBA Communications (NASDAQ:SBAC) has observed the following analyst ratings within the last quarter:

Benzinga

Germany Inks COVID-19 Vaccine Deal With CureVac, GSK Until 2029

Germany has signed a contract with CureVac BV (NASDAQ:CVAC) and its partner GlaxoSmithKline plc (NYSE:GSK) for domestically produced mRNA vaccines to bolster supplies for pandemic preparedness. The five-year contract allows for the production of up to 80 million doses at short notice until 2029, CureVac said, adding that those doses could be for the remainder of…

Benzinga

Honeywell Looks For More Suppliers To Support Boeing, Airbus Aircraft Targets: Reuters

Honeywell International Inc (NASDAQ:HON) is exploring adding more suppliers as it prepares to meet higher demand from Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSY), which are ramping up production to cater to a surge in air travel, Reuters reported. Honeywell, which manufactures everything from engines to cockpit components, is working to diversify its supplier base of…

Benzinga

These 8 Stocks Are Seeing Massive Volume Today

Trading volume is a simple way to measure how much of a security is being traded over a period of time. A high trading volume indicates high buying pressure if the stock is moving higher, or high selling pressure if the stock is moving lower.

Benzinga

Blink's European Subsidiary Obtains Grant For Energy Management Development

Blink Charging Co (NASDAQ:BLNK) (NASDAQ:BLNKW) European subsidiary, Blue Corner, has secured a €450,000 grant to develop its energy management services from Flanders Innovation and Entrepreneurship (VLAIO). VLAIO is a government agency that finances strategic and industrial research. The grant is a part of the Hub for Urban Mobility and Renewable Energy (HUME) project…

Benzinga

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Here's Why Enphase Energy Shares Are Falling

Shares of Enphase Energy Inc (NASDAQ: ENPH) are trading lower. Weakness in the stock may be related to a pullback in oil prices, which could lower demand for alternative energy names.

Benzinga

Expert Ratings for Accolade

Within the last quarter, Accolade (NASDAQ:ACCD) has observed the following analyst ratings:

Benzinga

What 4 Analyst Ratings Have To Say About NVIDIA

Within the last quarter, NVIDIA (NASDAQ:NVDA) has observed the following analyst ratings:

Benzinga

Where Navient Stands With Analysts

Over the past 3 months, 4 analysts have published their opinion on Navient (NASDAQ:NAVI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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news in one place.

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Analyst Ratings for Ross Stores

Over the past 3 months, 10 analysts have published their opinion on Ross Stores (NASDAQ:ROST) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Microsoft Stock Feeds The Bears But Here's Where To Watch For The Bounce

Microsoft Corporation (NASDAQ: MSFT) gapped down 1.7% lower on Monday when the market opened and was falling an additional 1.5% intraday, in sympathy with the S&P 500, which was trading down over 1% lower.

Benzinga

After Leukemia Trial, FDA Puts Partial Hold On Curis' Lymphoma Study

The FDA has placed a partial clinical hold on Curis Inc's (NASDAQ:CRIS) TakeAim Lymphoma study. The TakeAim Lymphoma study is a Phase 1/2 open-label dose-escalating clinical trial investigating emavusertib in patients with B-cell malignancies. This week's notification extends the partial hold across both lymphoma and leukemia studies. As previously announced, the Company had…

Benzinga

Why Altamira Therapeutics Stock Is Soaring

Altamira Therapeutics Ltd (NASDAQ: CYTO) shares are trading higher Monday after the company announced a peer-reviewed publication on positive in vitro data with its Bentrio drug-free nasal spray against the SARS-CoV-2 delta variant.

Benzinga

Here's Why Applied Materials And Lam Research Shares Are Falling

Shares of companies in the broader technology and semiconductor sectors, including Applied Materials, Inc. (NASDAQ: AMAT) and Lam Research Corporation (NASDAQ: LRCX), are trading lower amid a rise in US T

Benzinga

Expert Ratings for CoStar Gr

CoStar Gr (NASDAQ:CSGP) has observed the following analyst ratings within the last quarter:

Benzinga

Expert Ratings for Rubius Therapeutics

Over the past 3 months, 5 analysts have published their opinion on Rubius Therapeutics (NASDAQ:RUBY) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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