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The Latest Breaking News from Nasdaq

With Founder Fading Out, JD.com Moves to Collective Leadership

Key takeaways: JD.com’s founder Richard Liu is stepping down from his CEO role but will remain as the company’s chairman focused on long-term strategy Some analysts believe China internet companies face greater risk from regulation at home and abroad than from changes in their top ranks By Ken Lo

Novavax's COVID-19 Vaccine Approved In Switzerland

Novavax's COVID-19 Vaccine Approved In Switzerland

Swissmedic, the Swiss Agency for Therapeutic Products, has granted conditional marketing authorization for Novavax Inc's (NASDAQ:NVAX) Nuvaxovid COVID-19 Vaccine for individuals 18 years of age and older. The vaccine, also known as NVX-CoV2373, is the first protein-based vaccine authorized for use in Switzerland. The Swissmedic decision was based on two pivotal Phase 3 clinical…

Sidus Space Names Former Tupperware Brands Executive Teresa Burchfield As CFO

Sidus Space Names Former Tupperware Brands Executive Teresa Burchfield As CFO

Sidus Space Inc (NASDAQ:SIDU) has appointed Teresa Burchfield as its Chief Financial Officer, effective April 11, 2022. Burchfield brings over 30 years of finance and accounting experience. Before her appointment with Sidus Space, she had a 19-year tenure with Tupperware Brands Corp (NYSE:TUP), where she served in several key financial and management roles. Burchfield…

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Looking At American Airlines Group's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on American Airlines Group (NASDAQ:AAL). 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.

Analyzing Texas Instruments Incorporated's Short Interest

Texas Instruments Incorporated's (NASDAQ:TXN) short percent of float has fallen 9.3% since its last report. The company recently reported that it has 14.41 million shares sold short, which is 1.56% of all regular shares that are available for trading.

Another Analyst Sets Bullish Tone On NVIDIA, Sees Considerable Upside

New Street analyst Pierre Ferragu upgraded NVIDIA Corp (NASDAQ:NVDA) to Buy from Neutral with a price target of $280 (30.2% upside). Ferragu saw an attractive valuation, greater visibility on the "crypto-winter risk," and the company's robust data center outlook. Ethereum's hash rate quadrupled between October 2020 and January 2022, likely boosting Nvidia's FY22 gaming revenues…

Escalade Earnings Preview

Escalade (NASDAQ:ESCA) is set to give its latest quarterly earnings report on Thursday, 2022-04-14. Here's what investors need to know before the announcement. Analysts estimate that Escalade will report an earnings per share (EPS) of $0.28.

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A Bearish Sign Appears On SS&C Technologies Hldgs's Chart

A Bearish Sign Appears On SS&C Technologies Hldgs's Chart

If history is any guide, there may be trouble ahead for shares of SS&C Technologies Hldgs (NASDAQ:SSNC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

A Look Into Industrials Sector Value Stocks

A Look Into Industrials Sector Value Stocks

What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Sierra Oncology Stock Is Soaring: Here's Why

Sierra Oncology Stock Is Soaring: Here's Why

Sierra Oncology Inc (NASDAQ: SRRA) shares are trading significantly higher Wednesday after the company announced it will be acquired by GlaxoSmithKline PLC (NYSE: GSK) for $55 per share in cash, representing an a

What Are Whales Doing With Lululemon Athletica

What Are Whales Doing With Lululemon Athletica

A whale with a lot of money to spend has taken a noticeably bullish stance on Lululemon Athletica. Looking at options history for Lululemon Athletica (NASDAQ:LULU) we detected 16 strange trades.

Check Out What Whales Are Doing With Micron Technology

Check Out What Whales Are Doing With Micron Technology

Someone with a lot of money to spend has taken a bearish stance on Micron Technology (NASDAQ:MU). 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.

CNN's News Streaming Service Struggles To Attract Viewers, Casting Doubt Over Its Future

CNN's News Streaming Service Struggles To Attract Viewers, Casting Doubt Over Its Future

Fewer than 10,000 people have watched Warner Bros.Discovery Inc's (NASDAQ:WBD) streaming service CNN+ daily since its March 29 launch, CNBC reports. Warner Bros. Discovery looks to cut hundreds of millions of investment dollars for the service, given concern over its future. Incoming CNN chief Chris Licht will join Warner Bros. Discovery on May…

Jim Cramer Highlights The Missing Piece In PayPal CFO's Departure

Jim Cramer Highlights The Missing Piece In PayPal CFO's Departure

PayPal Holdings Inc (NASDAQ: PYPL) shares were trading lower Wednesday after the company announced the departure of CFO John Rainey.

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Lyft, Uber Face Flak For Initiating Surge After Dreadful Subway Attack; Look To Refund Riders

Lyft Inc (NASDAQ:LYFT) suspended its surge pricing citywide on April 12 after the horrific subway attack that injured at least 29 people, the New York Post reports. Larger rival Uber Technologies Inc (NYSE:UBER) restricted its suspension of demand-based rates to Brooklyn, where the shooting occurred. The shooting, around 8:30 a.m, had snapped train service…

Newell Brands Launches Multi-Purpose, Brick-And-Mortar Kitchen Space

Newell Brands Inc (NASDAQ:NWL) has launched Newell Creative Kitchen, its first multi-purpose, brick-and-mortar kitchen space located in Hoboken, New Jersey. The space aims to cater to virtual and in-person events and serves as a hub for content creation and food and kitchen trends. It will also showcase offerings of Newell's home and kitchen…

Which Brokers And Exchanges Are Going All-In On Crypto, And Which One is Staying On The Sidelines?

Bitcoin (CRYPTO: BTC) and other cryptocurrency prices have been under pressure in the past year as investors have rotated out of risk assets amid concerns about a potential economic slowdown and global geopolitical instability.

Warner Bros. Discovery Will Hit The Ground Running, BofA Says

Warner Bros. Discovery (NASDAQ: WBD) has a strong management team and is getting ready to execute on multiple levels, according to BofA Securities.

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Why Antares Pharma Stock Is Soaring Today

Antares Pharma Inc (NASDAQ: ATRS) shares are trading higher Wednesday after the company announced it will be acquired by Halozyme Therapeutics Inc (NASDAQ: HALO) for $5.60 per share in cash, valuing Antares at

India Funds Affordable COVID-19 Vaccine Candidate Using Dyadic's Platform

Dyadic International Inc's (NASDAQ:DYAI) licensee, Epygen Biotech PVD, LTD., has received funding from the Government of India to advance an affordable COVID-19 vaccine candidate through Phase 1 and Phase 2 trials. Epygen's COVID-19 vaccine utilizes Dyadic's C1 protein production platform. Epygen Biotech is an Indian Biopharmaceutical company engaged in research and manufacturing therapeutic proteins…

Stock Wars: Twitter Vs. Meta Platforms

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Coeptis Therapeutics Intends To Acquire Statera's TLR5 Agonist Platform

Coeptis Therapeutics Inc (OTC:COEP) has entered into a strategic agreement with Statera Biopharma Inc (NASDAQ:STAB) that gives Coeptis the right to acquire Statera'stoll-like receptor 5 (TLR5) agonist platform, including entolimod. Coeptis will agree to pay Statera Biopharma $6 million and revenue-based milestone payments to be defined in the definitive agreement. TLR5 is an innate immunity…

Lakeland Industries Adopts $5M Stock Buyback Program

Lakeland Industries Inc (NASDAQ:LAKE) Board of Directors has authorized a new stock repurchase program of up to $5 million of its shares. This new program will be effective after completing the current program, which has about $0.8 million remaining for repurchases. The new share repurchase program has no expiration date. Lakeland held $55.5…

PayPal Holdings Whale Trades For April 13

A whale with a lot of money to spend has taken a noticeably bearish stance on PayPal Holdings. Looking at options history for PayPal Holdings (NASDAQ:PYPL) we detected 11 strange trades.

How China's Zero-COVID Policy Is Taking A Toll On Its Economy

The more contagious omicron strain of COVID-19 is testing China’s zero-tolerance COVID-19 policy and while many signs underscore the strategy’s adverse impact on the country’s economic recovery, Beijing continues to stick to it, dismissing suggestions that China should learn to live with the virus as other nations do.

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