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The Latest Breaking News from Nasdaq

Acutus Medical (NASDAQ:AFIB) reported its Q4 earnings results on Wednesday, March 30, 2022 at 04:01 PM. Here's what investors need to know about the announcement.

Benzinga

Here's How Much Intel CEO Pat Gelsinger Earned Versus Average Worker Compensation In 2021

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger has earned 1,711 times as much as the average worker at the U.S. chipmaker since he joined in February 2021. Former CEO Bob Swan had earned 217 times more than the average Intel employee in 2020. Gelsinger earned $178.6 million in 2021, with stock awards accounting for 79% of…

Benzinga

CVS Health, Teva Settle Florida State's Opioid-Related Claims: Report

Florida has reached more than $878 million in settlements with CVS Health Corp (NYSE: CVS) and three drug companies to resolve claims and avert a trial next month over their roles in fueling an opioid epidemic.

Benzinga

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FDA Rejects Akebia Therapeutics' Vadadustat For CKD-Associated Anemia

The FDA has issued a complete response letter (CRL) to Akebia Therapeutics Inc's (NASDAQ:AKBA) marketing application (NDA) for vadadustat for anemia due to chronic kidney disease (CKD). Vadadustat is an investigational oral hypoxia-inducible factor prolyl hydroxylase (HIF-PH) inhibitor. The FDA issues a CRL to indicate that the review cycle for an application is complete…

Benzinga

Why Bed Bath & Beyond Shares Are Falling After Five Below's Fourth-Quarter Earnings Report

Shares of retail and apparel companies, including Bed Bath & Beyond Inc. (NASDAQ: BBBY), are trading lower in possible sympathy with Five Below Inc (NASDAQ: FIVE), which fell following fourth-quarter earnings and so

Benzinga

EMA Starts Review Of Sanofi-GlaxoSmithKline's COVID-19 Vaccine

The European Medicines Agency has started reviewing Sanofi SA (NASDAQ:SNY) and its partner GlaxoSmithKline Plc's (NYSE:GSK) application seeking conditional authorization for their COVID-19 vaccine. The vaccine candidate, Vidprevtyn, was already being evaluated under a rolling review by EMA. The drugmakers had earlier said that they would seek regulatory approval for their COVID-19 vaccine to be…

Benzinga

Where LHC Group Stands With Analysts

Within the last quarter, LHC Group (NASDAQ:LHCG) has observed the following analyst ratings:

Benzinga

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Why Did Truist Lower IGM Biosciences' Price Target?

Truist has lowered the price target on IGM Biosciences Inc (NASDAQ:IGMS) to $74 from $80. The analyst Asthika Goonewardene says that the lower price target reflects the Company's Q4 results, deal financials, and increased cost to IGM Biosciences in its Sanofi SA (NASDAQ:SNY) collaboration deal. Related: IGM Biosciences Shares Surge After Oncology / Immunology Pact With Sanofi.…

Benzinga

Cisco Systems Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Cisco Systems (NASDAQ:CSCO). 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.

Benzinga

Expert Ratings For ACV Auctions

Within the last quarter, ACV Auctions (NASDAQ:ACVA) has observed the following analyst ratings:

Benzinga

Zoom Video Comms Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Zoom Video Comms (NASDAQ:ZM). 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.

Benzinga

$1000 Invested In Etsy 5 Years Ago Would Be Worth This Much

Etsy (NASDAQ:ETSY) has outperformed the market over the past 5 years by 52.02% on an annualized basis producing an average annual return of 66.3%. Currently, Etsy has a market capitalization of $17.29 billion.

Benzinga

What's Going On With AMD, Nvidia And Applied Materials Shares?

Shares of semiconductor companies, including Advanced Micro Devices, Inc. (NASDAQ: AMD), NVIDIA Corporation (NASDAQ: NVDA) and Applied Materials, Inc. (NASDAQ:

Benzinga

Here's How Much You Would Have Made Owning Marathon Digital Holdings Stock In The Last 5 Years

Marathon Digital Holdings (NASDAQ:MARA) has outperformed the market over the past 5 years by 1.55% on an annualized basis producing an average annual return of 15.83%. Currently, Marathon Digital Holdings has a market capitalization of $3.16 billion.

Benzinga

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Benzinga

Disney Roped In Google Veteran As Streaming CTO

The Walt Disney Co (NYSE:DIS) roped in Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google veteran Jeremy Doig as the new CTO of its streaming organization, Variety reports. Disney Streaming, a part of Disney Media & Entertainment Distribution, helps to monetize content from Disney’s studios and networks. From April, Doig would lead the global technology teams that…

Benzinga

Analysts Bump Up Price Target On This Sporting Goods Company - Read Why

Stephens analyst Daniel Imbro raised the price target on Academy Sports and Outdoors Inc (NASDAQ:ASO) to $70 from $68 and maintained an Overweight rating on the shares. The revised price target implies a 75% upside. The analyst cites the company's Q4 as another quarter of solid margin leverage. The analysts added that the current valuation…

Benzinga

Here's Why This Analyst Is Cautious On Amazon

BNP Paribas Exane gave an Underperform rating to Amazon.com Inc (NASDAQ:AMZN), citing a bumpy ride ahead due to surging inflation and higher expenses. Analyst Stefan Slowinski said investments during the pandemic to build fulfillment centers for faster deliveries and employee bonuses to keep its warehouses staffed in a tight U.S. labor market may eat…

Benzinga

Mid-Afternoon Market Update: Dow Drops 100 Points; Adagio Therapeutics Shares Spike Higher

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping 100 points on Wednesday.

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Robinhood Analyst: Trading App Could Be Gen Z's Charles Schwab, But Faces These Near-Term Pressures

Robinhood Markets, Inc. (NASDAQ: HOOD) shares rallied Tuesday after the trading app announced an extension of trading hours for customers.

Benzinga

Goodyear Ventures Invests In Nova Labs

Goodyear Tire & Rubber Co (NASDAQ:GT) said its venture capital arm, Goodyear Ventures, recently participated in Nova Lab's series D financing round. The financial details of the investment were not disclosed. The investment allows Goodyear to collaborate on efficient and accessible connectivity solutions, as connected mobility plays a vital role in the future…

Benzinga

What 22 Analyst Ratings Have To Say About PayPal Holdings

Over the past 3 months, 22 analysts have published their opinion on PayPal Holdings (NASDAQ:PYPL) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Here's How Much $100 Invested In Microvision 5 Years Ago Would Be Worth Today

Microvision (NASDAQ:MVIS) has outperformed the market over the past 5 years by 3.91% on an annualized basis producing an average annual return of 18.18%. Currently, Microvision has a market capitalization of $864.46 million.

Benzinga

What 6 Analyst Ratings Have To Say About 2U

Analysts have provided the following ratings for 2U (NASDAQ:TWOU) within the last quarter:

Benzinga

How Is The Market Feeling About Lucid Diagnostics Inc. - Common Stock?

Lucid Diagnostics Inc. - Common Stock's (NASDAQ:LUCD) short percent of float has fallen 4.35% since its last report. The company recently reported that it has 378.70 thousand shares sold short, which is 6.6% of all regular shares that are available for trading.

Benzinga

Cal-Maine Foods To Invest $82M For Cage-Free Egg Production Expansion

Cal-Maine Foods Inc (NASDAQ:CALM) said its Board of Directors has approved new capital projects to expand its cage-free egg production capabilities. The company plans to fund the proposed projects for an estimated $82 million through a combination of available cash on hand, investments, and operating cash flow. The projects will include Cal-Maine Foods'…

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