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The Latest Breaking News from Nasdaq

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.

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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 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…

$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…

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

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

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…

Hostess Brands Appoints Travis Leonard As Finance Chief

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

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

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

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'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.

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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

Amazon's Business Practices Catches SEC's Attention

The SEC investigated Amazon.com Inc's (NASDAQ: AMZN) disclosure norms for some of its business practices, including how it uses third-party-seller data for its private-label business,

How To Attend East West Bancorp Q1 2022 Earnings Conference Call

East West Bancorp (NASDAQ:EWBC) will host a conference call at 11:30 AM ET on April 21, 2022, to discuss Q1 2022 earnings results.

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23 Stocks Moving in Thursday's Pre-Market Session

Gainers HTG Molecular Diagnostics, Inc. (NASDAQ: HTGM) rose 46.7% to $1.88 in pre-market trading after the company announced it has harmonized its miRNA Whole Transcriptome Assay with the HTG Transcriptome Panel.

Read How Analysts View System1 Post Q4 Results

Analysts lauded System1 Inc's (NYSE:SST) Q4 FY21 beat and FY22 guidance. Benchmark analyst Daniel Kurnos noted that shares of System1 closed up 23% on a volume of 32 million shares on April 6 post Q4 beat. Kurnos called System1 "more than a meme" and saw it ready for another year of outperformance in 2022. Kurnos has…

Apple's Largest Store In Korea To Serve As A Stage For K-Pop Artists

Apple, Inc. (NASDAQ: AAPL) is set to open the doors of its new — South Korea's largest — retail store in the center of Seoul on Saturday. The Myeongdong store will debut Apple's first-ever K-pop Today at the Apple Remix session featuring K-pop supergroup SEVENTEEN.

Apogee Enterprises: Q4 Earnings Insights

Apogee Enterprises (NASDAQ:APOG) reported its Q4 earnings results on Thursday, April 7, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Caesars Agrees To Revised Deal To Sell William Hill Non-US Assets To 888 Holdings

Caesars Entertainment Inc (NASDAQ:CZR) has altered the enterprise value to sell the non-U.S. assets of William Hill to the British gambling firm, 888 Holdings Plc, to £1.95 billion - £2.05 billion. The previously quoted agreement value for the deal in September 2021 was £2.2 billion. The revised agreement reflects a £250 million reduction in…

A Peek Into The Markets: US Stock Futures Mixed Ahead Of Jobless Claims, Fed Speakers

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BREAKING: Tesla Recalls 127,785 Model 3 Vehicles In China Over Manufacturing Defects

Elon Musk-led electric vehicle maker Tesla, Inc. (NASDAQ: TSLA) is recalling a total of 127,785 Model 3 vehicles — both imported and locally made — in China, the country's State Administration for Market Regulation has said, according to

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