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The Latest Breaking News from Nasdaq

Werewolf Therapeutics Shares Jump On Cancer Product Pact With Jazz Pharma

Jazz Pharmaceuticals plc (NASDAQ:JAZZ) has acquired exclusive global development and commercialization rights to Werewolf Therapeutics Inc's (NASDAQ:HOWL) WTX-613. WTX-613 is a differentiated, conditionally-activated interferon-alpha (IFNα) INDUKINE molecule. "We believe WTX-613 has the potential to minimize the toxicity associated with systemic IFNα therapy, preferentially delivering IFNα to tumors, and thereby expanding its clinical utility in treating…

Read What's On With Conduent Shares Today

Read What's On With Conduent Shares Today

Business process services and solutions provider Conduent Inc (NASDAQ:CNDT) looks to separate its Transportation business through a sale or a spin-off. The separation will enable Conduent's Commercial, Government, and Transportation businesses to benefit from more focused operating models and capital allocation priorities aligned with industry-specific dynamics in their respective markets. This separation will likely…

Tencent To Bring Down Curtains On Game Streaming Service

Tencent To Bring Down Curtains On Game Streaming Service

Tencent Holdings Ltd (OTC:TCEHY) looks to shut down its game streaming service citing a shift in its business strategy, Bloomberg reports. The streaming platform, called Penguin Esports, will terminate all services on June 7 after having already suspended new user registrations and in-app purchases. Tencent looks to compensate users by giving away…

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Here's Why Apple Could Shine Amid China's Covid Resurgence

China's recent surge in Covid cases jeopardizes the leading smartphone market, while Apple Inc (NASDAQ: AAPL) could still shine, analysts told CNBC. China reported over 20,000 Covid infections leading to a countrywide lockdown hindering logistics and consumer spending. China tried to keep the factories running to reduce disruption. Also Read: Apple iPhones Led Smartphone Sales As 5G…

Applied UV: Q4 Earnings Insights

Applied UV (NASDAQ:AUVI) reported its Q4 earnings results on Wednesday, April 6, 2022 at 05:30 PM. Here's what investors need to know about the announcement.

Why CDK Global Shares Are Soaring Today

Brookfield Business Partners, together with institutional partners, agreed to acquire CDK Global Inc (NASDAQ:CDK) for a total enterprise value of $8.3 billion. Brookfield will initiate a tender offer to acquire all of the outstanding shares of CDK. CDK shareholders will receive $54.87 per share in cash, implying a 30% premium to the February…

Recap: Resources Connection Q3 Earnings

Resources Connection (NASDAQ:RGP) reported its Q3 earnings results on Wednesday, April 6, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

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Simulations Plus: Q2 Earnings Insights

Simulations Plus: Q2 Earnings Insights

Simulations Plus (NASDAQ:SLP) reported its Q2 earnings results on Wednesday, April 6, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

What's Going On With SoFi Technologies Stock Today?

What's Going On With SoFi Technologies Stock Today?

SoFi Technologies Inc (NASDAQ: SOFI) shares are trading lower Thursday after the company cut its full-year 2022 revenue guidance below analyst estimates and maintained first-quarter guidance below analyst estimates.

There Could Be More Pain Ahead For PayPal

There Could Be More Pain Ahead For PayPal

Shares of PayPal Holdings Inc (NASDAQ: PYPL) Wednesday fell more than 4%. With this, the stock has shed more than 40% year to date.

Momentus Stock Skyrockets On Launch Agreements With Elon Musk's SpaceX

Momentus Stock Skyrockets On Launch Agreements With Elon Musk's SpaceX

Momentus Inc (NASDAQ:MNTS) has signed multiple launch agreements with Space Exploration Technologies Corp. (SpaceX), a Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-led company. These agreements were first revealed during Momentus's March earnings call. The agreements reserve slots for Momentus on four upcoming SpaceX Transporter missions, including the Transporter-6 mission targeted for October 2022, Transporter-7 targeted for January…

Why 'The Black Swan' Author Thinks Its A Good Idea To Be Rich, But A Bad One To Be 'Too Rich'

Why 'The Black Swan' Author Thinks Its A Good Idea To Be Rich, But A Bad One To Be 'Too Rich'

Former options trader and essayist Nassim Nicholas Taleb said on Twitter Wednesday that there is a lesson to be drawn from what is happening currently to the Russian oligarchs.

The Daily Biotech Pulse: Pfizer Goes Shopping, AstraZeneca Inks Bispecific Antibody Deal, Aptinyx Faces Clinical Study Setback, Erytech Jumps On Data And More

The Daily Biotech Pulse: Pfizer Goes Shopping, AstraZeneca Inks Bispecific Antibody Deal, Aptinyx Faces Clinical Study Setback, Erytech Jumps On Data And More

Here's a roundup of top developments in the biotech space over the last 24 hours:

SemiLEDs Registers 49% Sequential Revenue Growth In Q2

SemiLEDs Registers 49% Sequential Revenue Growth In Q2

SemiLEDs Corp (NASDAQ:LEDS) reported second-quarter FY22 revenue growth of 48.5% quarter-on-quarter to $2.2 million. The developer and manufacturer of LED chips and components' gross margin expanded 1,000 bps Q/Q to 24%. The operating margin loss improved to (17)% from (67)% in 1Q22. EPS loss improved to $(0.04) from $(0.12) in 1Q22. SemiLEDs held…

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$100 Invested In Bitcoin During The 2021 Miami Conference Is Worth This Much Now

Bitcoin (CRYPTO: BTC) is the largest cryptocurrency by market capitalization and it is also the oldest. This year’s Bitcoin 2022 conference takes place from April 6-9 in Miami, Florida.

Vaxxinity Receives $9.25M Funding From CEPI To Support Pivotal COVID-19 Vaccine Trial

The Coalition for Epidemic Preparedness Innovations (CEPI) and Vaxxinity Inc (NASDAQ:VAXX) will co-fund the ongoing global Phase 3 trial of Vaxxinity's next-generation UB-612 COVID-19 vaccine candidate. The candidate is under development as a heterologous – or 'mix-and-match' – booster dose. CEPI will provide up to $9.25 million in funding. The Phase 3 trial, which began in…

Biophytis Shares Fall As It Stops Enrollment In Sarconeos COVID-19 Trial, Data Expected In Q3 2022

Biophytis SA (NASDAQ:BPTS) said that it is currently assessing FDA comments and recommendations and preparing to submit Phase 2-3 trial designs for sarconeos (BIO101) trial in sarcopenia. Enrollment is expected to start in 2H of 2022 in the SARA Phase 2 trial. In October 2021, sarconeos at the highest dose of 350 mg…

Why Erytech Pharma Shares Are Rising Today

Erytech Pharma SA (NASDAQ:ERYP) says that the results from the NOPHO sponsored Phase 2 trial of eryaspase in acute lymphoblastic leukemia (ALL) patients are published in the British Journal of Haematology. The Phase 2 NOR-GRASPALL-2016 trial evaluated the safety and pharmacological profile of eryaspase in ALL patients who had previously experienced hypersensitivity…

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Hostess Brands Appoints Travis Leonard As Finance Chief

Hostess Brands Inc (NASDAQ:TWNK) has appointed Travis Leonard as the Chief Financial Officer (CFO), effective May 11, 2022. Leonard will succeed interim CFO Mike Gernigin, who will remain with the company as Chief Accounting Officer. Leonard joins Hostess Brands with more than 25 years of global financial executive experience at companies including Cardinal Health Inc (NYSE:CAH).…

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

Secoo Holding Partners With Meta Media's ZiWU To Explore NFT Business

Luxury products and services-based platform Secoo Holding Ltd (NASDAQ:SECO) has entered into a partnership with Meta Media subsidiary ZiWU. The parties have agreed to integrate the industry chain through resource sharing and work together on collections and NFT (non fungible token). Secoo and ZiWU will explore the business model and value of digital arts and…

This Alibaba Rival's Founder Steps Down As CEO: What You Need To Know

JD.com (NASDAQ: JD), which has emerged as a potent rival to e-commerce giant Alibaba Group Holdings, Inc. (NYSE: BABA) is seeing a change of guard at the helm.

Flora Growth's CBD Products To Reach Airports Via JustCBD's Deal With OTG Management

Flora Growth Corp. (NASDAQ:FLGC) announced that its JustCBD brand, has signed a deal with airport distribution juggernaut OTG Management to sell their CBD products in airports.

India's Tata Group Goes Head On With Amazon, To Roll Out New Super App For All Shopping Needs

The Indian conglomerate Tata Group will roll out an all-in-one e-commerce app allowing users to buy everything from apparel to airline tickets, Bloomberg reported. Mumbai-based Tata Digital Pvt’s digital services platform, Tata Neu, will go live to consumers on April 7. The report noted Tata Neu is expected to give more power to…

EXCLUSIVE: Grove To Acquire Pet Care Company Via Amazon Aggregation Division, Upexi

Grove Inc (NASDAQ: GRVI) looks to acquire a pet care company, offering grooming and nutrition products through multiple sales channels, including business to business, eCommerce, and Amazon.com Inc (NASDAQ: A

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