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The Latest Breaking News from Nasdaq

Why Bed Bath & Beyond Shares Are Falling

Bed Bath & Beyond Inc (NASDAQ: BBBY) shares are trading lower Wednesday morning after the company reported worse-than-expected top-line results.

Benzinga

Up 12% in the Past Month, Will Liquid Media Group Continue to Rally?

The stock of Liquid Media (YVR) has lost significant momentum over the past year as investors remain concerned about the company’s poor profitability. In addition, Nasdaq recently issued a notice of deficiency to the company due to its noncompliance with the exchange's listing rules. So, is it worth betting on…

StockNews.com

Bed Bath & Beyond Shares Plunge On Q4 Earnings Miss

Bed Bath & Beyond Inc (NASDAQ:BBBY) reported a fourth-quarter FY21 sales decline of 22% year-on-year to $2.05 billion, missing the consensus of $2.08 billion. Adjusted core sales fell 14%, and the adjusted comparable sales declined 12%. Adjusted gross margin contracted 400 basis points to 28.8%. Adjusted EBITDA loss was $(30) million, with the…

Benzinga

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Is Apple Planning A Crypto Foray? Job Posting Sets Off Rumors

A job posting by Apple, Inc. (NASDAQ: AAPL) has given rise to speculation that the company could be interested in cryptocurrencies.

Benzinga

The Daily Biotech Pulse: GlaxoSmithKline And Halozyme Go Shopping, Mylan's Insulin Glargine Recall, Turning Point Shares Lung Cancer Data And More

Here's a roundup of top developments in the biotech space over the last 24 hours. Stocks In Focus Halozyme Buys Specialty Product Company Antares In $960M Deal

Benzinga

Bitcoin Miami 2022 Showed An Institutional Shift, Says Analyst

Following the conclusion of the 2022 Bitcoin (CRYPTO: BTC) conference held in Miami, Florida, an analyst at Needham shared his key takeaways.

Benzinga

GlaxoSmithKline Scoops Up Rare Cancer-Focused Sierra Oncology In $1.9B Cash Deal

GlaxoSmithKline plc (NYSE:GSK) has agreed to acquire Sierra Oncology Inc (NASDAQ:SRRA) for $55 per share in cash, representing an approximate total equity value of $1.9 billion (£1.5 billion). Sierra's momelotinib complements GSK's Blenrep (belantamab mafodotin), building on GSK's commercial and medical expertise in hematology. If momelotinib is approved, GSK expects momelotinib will contribute to GSK's growing…

Benzinga

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Halozyme Buys Antares In $960M Deal To Create One Drug Delivery, Specialty Product Entity

Halozyme Therapeutics Inc (NASDAQ:HALO) will acquire Antares Pharma Inc (NASDAQ:ATRS) for $5.60 per share, valuing Antares at approximately $960 million. The transaction is expected to be accretive to Halozyme's 2022 revenue and adjusted earnings and accelerate top-and bottom-line growth through 2027, with multiple growth drivers beyond 2027. Antares' suite of FDA-approved and partner products utilizing…

Benzinga

'Diamond-Handed' Shiba Inu Holders Fetch Rewards With Robinhood Listing

Long-term Shiba Inu (CRYPTO: SHIB) holders were rewarded for their patience after a Robinhood Markets Inc (NASDAQ: HOOD) listing sent the meme-coin soaring on Tuesday.

Benzinga

24 Biggest Movers From Yesterday

Gainers

Benzinga

Tesla Said To Battle Bill That Could See Direct Sales, OTA Updates Banned In Oklahoma

Tesla Inc (NASDAQ: TSLA) is reaching out to supporters to push against a bill that would prohibit direct sales and close both service centers and showrooms in Oklahoma, electric vehicle news portal Teslarati

Benzinga

A Peek Into The Markets: US Stock Futures Move Back Up Following High Inflation Data

Pre-open movers U.S. stock futures traded upwards in early trade after the Nasdaq Composite index closes at 13,371.57, a marginal dip of around 40 points. After witnessing a dip in the first two days of the week, stock futures are inching towards recovery.

Benzinga

Hooker Furnishings' Q4 Bottom-Line Misses Estimate As Inflation Bites

Hooker Furnishings Corp (NASDAQ:HOFT) reported a fourth-quarter FY22 sales decline of 13.2% to $134.81 million, beating the consensus of $131.55 million. Net sales from Home Meridian fell 23.7%, and Domestic Upholstery gained 13.5%. The gross profit declined 51.2% Y/Y to $16.4 million, and the margin contracted 948 basis points to 12.2%. The operating…

Benzinga

Agrify To Introduce Its Cultivation Technology To This Emerging European Cannabis Market, Plans To Provide 190 Vertical Farming Units

Agrify Corporation (NASDAQ:AGFY) has signed a definitive agreement with BioCann Pharmaceutical Company, LDA, a prominent cannabis cultivator located on the island of Madeira, in Funchal, Portugal.

Benzinga

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Benzinga

BTAI: IGALMI™ Approved by the FDA…

By David Bautz, PhD NASDAQ:BTAI READ THE FULL BTAI RESEARCH REPORT

Benzinga

Bear Luxe Japan Inks New Deal With Sabre To Increase Geographic Reach

Sabre Corp (NASDAQ:SABR) has signed an agreement with Japan-specific luxury travel platform and business-to-business membership portal Bear Luxe Japan. Bear Luxe will use Sabre's services to better connect its hoteliers to global markets. The partnership will cement Sabre's footprint in Japan and open up further access for Bear Luxe member hoteliers consisting of independent…

Benzinga

Walmart Appoints PayPal CFO John Rainey As Finance Head

Walmart Inc (NYSE:WMT) has appointed John Rainey as its Executive Vice President and Chief Financial Officer (CFO), effective June 6, 2022. Rainey joins the company from PayPal Holdings Inc (NASDAQ:PYPL), where he currently serves as the CFO and EVP, Global Customer Operations. After almost seven years at PayPal, Rainey is leaving the company to join Walmart. He…

Benzinga

Taiwan Suffers Fallout From China COVID-19 Lockdowns As 11 Firms Said To Suspend Production

As the COVID-19 lockdown continues in China's financial center Shanghai, more and more companies have been forced to halt production.

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news in one place.

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Benzinga

Apple's Much-Awaited Mixed-Reality Headset May Not Launch This Year

Apple, Inc.'s (NASDAQ: APPL) much-awaited mixed reality headset, having AR/VR capabilities, has long been in the works. With Cupertino tightlipped about the product and the launch timeline, the Street is awash with speculation concerning the headset.

Benzinga

Why Tesla Rivals Nio, Xpeng Are Struggling In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc. (NYSE: NIO), Xpeng Inc. (NYSE: XPEV), and Li Auto Inc. (NASDAQ: LI) struggled in Hong Kong on Wednesday.

Benzinga

Shiba Inu Rallies 35% After Robinhood Listing

Shiba Inu (CRYPTO: SHIB) saw its price spike after being listed by Robinhood Markets Inc (NASDAQ: HOOD) on Tuesday.

Benzinga

Elon Musk Sued By Former Twitter Shareholders Over Late Stake Disclosure: Report

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk was on Tuesday sued by former Twitter Inc (NYSE: TWTR) shareholders for failing to r

Benzinga

If You Invested $100 In Shiba Inu At The First Robinhood Rumor, Here's How Much You'd Have Now

A meme-based cryptocurrency with a large following received one of its biggest wishes Tuesday with the listing on Robinhood Markets Inc (NASDAQ: HOOD).

Benzinga

Etsy Strike: Why Are Sellers Protesting And What Could It Mean For The Stock

Benzinga

10 Industrials Stocks Moving In Tuesday's After-Market Session

Gainers Sentage Holdings (NASDAQ:SNTG) stock moved upwards by 8.3% to $0.89 during Tuesday's after-market session. The company's market cap stands at $12.4 million.

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