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The Latest Breaking News from Nasdaq

Array Technologies Stock Surges After Q4 Results, Guides FY22 Revenue Above Consensus

Array Technologies Inc (NASDAQ:ARRY) reported a fourth-quarter revenue increase of 22% year-over-year to $219.9 million, beating the consensus estimate of $213.82 million. Adjusted EPS was $(0.06), missing the consensus of $(0.03). The gross margin decreased to 4.7% from 19.6%, driven by higher raw material and freight costs. ARRY recorded a loss from…

Benzinga

Here's How Much Elon Musk's Wealth Increased In Just One Day

The world’s richest person added to his wealth Monday thanks to a stake in a company he was recently critical of. Here are the details.

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Why SMART Global Holdings Shares Are Falling After Hours

SMART Global Holdings Inc (NASDAQ: SGH) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued guidance.

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This Is What Whales Are Betting On CrowdStrike Holdings

A whale with a lot of money to spend has taken a noticeably bearish stance on CrowdStrike Holdings. Looking at options history for CrowdStrike Holdings (NASDAQ:CRWD) we detected 41 strange trades.

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Looking Into United Airlines Holdings Inc's Recent Short Interest

United Airlines Holdings Inc's (NASDAQ:UAL) short percent of float has fallen 6.65% since its last report. The company recently reported that it has 13.61 million shares sold short, which is 4.21% of all regular shares that are available for trading.

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Why Spirit Airlines Shares Are Taking Off

Spirit Airlines (NYSE: SAVE) shares are trading higher following an NYT report suggesting JetBlue Airways Corp (NASDAQ:

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MindMed Appoints Francois Lilienthal As New CCO

With over twenty years of experience in the biopharmaceutical industry, Francois Lilienthal, MD, has joined Mind Medicine Inc. (NASDAQ:MNMD) as chief commercial officer (CCO). He had been serving as a consultant for the company for the last six months. Lilienthal has a long trajectory with pharmaceutical companies—in 1997, he was…

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As AirPods 3 Demand Stutters, Could Apple Discontinue AirPods Pro?

Apple, Inc.'s (NASDAQ: AAPL) experiential learning with the AirPods 3 has made the company cautious regarding the launch of the upcoming AirPods Pro 2

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Nasdaq-Listed Field Trip Gets First Patent Approved For Improved Psychedelic Drug

Field Trip Health Ltd. (NASDAQ:FTRP), a biotech and care delivery company in the psychedelics space, has been granted its first patent by the U.S. Patent and Trademark Office. The patent covers claims around FT-104, the company’s flagship proprietary psychedelic molecule, for composition of matter, use and manufacturing of the compound…

Benzinga

This Is What Whales Are Betting On Coinbase Global

A whale with a lot of money to spend has taken a noticeably bullish stance on Coinbase Global. Looking at options history for Coinbase Global (NASDAQ:COIN) we detected 40 strange trades.

Benzinga

Survey: US Travel Demand On The Rise, And Airbnb Could Benefit

The global travel industry was crushed during the pandemic, but the latest travel survey from Bank of America suggests Airbnb Inc (NASDAQ: ABNB) could be a big winner from a rebound in travel demand this year.

Benzinga

See Why COVAX, African Union Refuse To Buy More Moderna's COVID-19 Vaccine

COVAX, the global project to share COVID-19 vaccines, and the African Union have declined options to buy additional doses of Moderna Inc (NASDAQ:MRNA) COVID-19 vaccine despite the low immunization rate as developing nations struggle to allocate supplies. The African Union and Covax decided not to obtain more of the vaccine as developing nations struggle…

Benzinga

Farmmi Wins Multi-Product Order For Canada Export

Farmmi Inc (NASDAQ:FAMI) said one of its long-term customers placed a multi-product order for export to Canada's largest Asian supermarket group. The financial terms were not disclosed. The order is for Farmmi's dried Shiitake mushrooms and black Mu Er mushrooms. "North America continues to be one of the world's largest markets for fungi and…

Benzinga

This Is What Whales Are Betting On Broadcom

Someone with a lot of money to spend has taken a bullish stance on Broadcom (NASDAQ:AVGO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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What's Going On With Novavax Shares Today?

Novavax Inc (NASDAQ: NVAX) shares are trading significantly lower Tuesday. According to data from Benzinga Pro, Tuesday's trading volume is in line with Novavax's average trading volume over a 100-day period.

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Why Celsion Stock Is Surging Today

Celsion Corp (NASDAQ: CLSN) shares are trading higher Tuesday as traders circulate a Zacks Small-Cap Research note with a $37 valuation target on the stock.

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As Elon Musk Joins Twitter Board, Analyst Sees 'Strategic Initiatives' Ahead; This Is 'Just Start of Musk's Involvement'

After disclosing a passive stake in Twitter, Inc. (NASDAQ: TWTR) on Monday, Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk showed that he means business.

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Why Collegium Pharmaceutical's Shares Are Trading Higher Today

Collegium Pharmaceutical Inc (NASDAQ:COLL) updated financial guidance for FY22 to include the expected impact of the BioDelivery Sciences International Inc (BDSI) acquisition. "Near-term, we are laser-focused on seamless integration of BDSI, maximizing the potential of the portfolio, renegotiation of Xtampza ER contracts to ensure <65% gross-to-nets by January 2023, and allocating capital to…

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Mid-Afternoon Market Update: Dow Falls 150 Points; Cognyte Software Shares Drop

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 150 points on Tuesday.

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REE Automotive Appoints Josh Tech As Operations Chief

REE Automotive (NASDAQ:REE) has appointed Josh Tech as the company's chief operations officer (COO). Josh previously served on Tesla Inc's (NASDAQ:TSLA) Operations Leadership Team as Head of the New Product/Manufacturing Introduction group. Josh Tech replaces Michael Charlton, who will serve as a strategic advisor on manufacturing. As REE's COO, Josh will be based in the…

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12 Health Care Stocks Moving In Tuesday's Intraday Session

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12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session

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10 Information Technology Stocks Moving In Tuesday's Intraday Session

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Alphabet And 2 Other Stocks Insiders Are Selling

Although the Nasdaq Composite dropped around 2% on Tuesday, there were a few notable insider trades.

Benzinga

Apple Stock Pulls Back Into This Pattern: Is The Stock Still Headed Over $200?

Apple, Inc (NASDAQ: AAPL) was trading about 1.7% lower on Tuesday in sympathy with the S&P 500, which was retracing about 0.7%. Apple’s decline was taking place completely within Monday’s price action, which has caused the stock to develop inside bar patterns on the daily chart.

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