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The Latest Breaking News from Nasdaq

The Valens Company Posts 67% Higher Loss, Provides Strong 2023 Guidance With Revenue Of CA$225M

The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS) reported its fourth quarter and fiscal year financial results for the period ended November 30, 2021.

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Tesla Rival Lucid Cuts 2022 Production Target By Up To 40% Due To Extraordinary Supply Chain Issues

Luxury electric vehicle startup Lucid Group Inc (NASDAQ: LCID) on Monday significantly lowered production targets for this year, citing extraordinary supply chain and logistics challenges.

Benzinga

The Daily Biotech Pulse: Legend Biotech, CTI Biopharma Receive FDA Approvals, AbbVie Announces Delay In Skyrizi Review, Editas Gains On CRISPR Patent Resolution

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

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27 Stocks Moving in Tuesday's Pre-Market Session

Gainers Avenue Therapeutics, Inc. (NASDAQ: ATXI) rose 123.4% to $0.76 in pre-market trading after jumping 36% on Monday.

Benzinga

Here's Why Verizon, BlackRock Collaborated

Verizon Communications Inc (NYSE:VZ) looks to build a private 5G network for BlackRock Inc at its new Hudson Yards headquarters, juicing up rivalry with AT&T Inc (NYSE:T) and T-Mobile US Inc (NASDAQ:TMUS). Verizon said that the new 5G wireless technology could replace Wi-Fi and give BlackRock the ability to use applications like virtual reality and edge computing that require…

Benzinga

US Futures Flat, Oil Rises On Disruption Fear, Gold Underperforms — Is There A Crypto Decoupling Here?

U.S. stock futures were mostly flat Monday night ahead of the first trading day of March amid the ongoing Russia-Ukraine conflict. Futures Lie Flat: Dow Futures were up 0.03% at 33,850 while S&P and Nasdaq futures fell 0.04% and 0.23% to 4,366.25 and 14,194.73.

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Alibaba Dips While Tesla Rivals Li Auto, Xpeng Strike Gains In Mixed Hong Kong Market

Shares of U.S.-listed Chinese tech companies — with the exception of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) — traded higher in Hong Kong on Tuesday, even as the benchmark Hang Seng Index drifted lower after a positive start.

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PreMarket Prep Plus: Cybersecurity Stocks In Focus During Ukraine Conflict

From his position as head of the Benzinga Pro newsdesk, Brent Slava is at the center of the news and uses his unique perspective to generate trading and investment ideas for Benzinga readers.

Benzinga

Lidar Vs. Cameras In EVs: Tesla's Musk And His Followers Weigh In

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk is no fan of lidar, and in the past he has minced no words in expressing his dislike for the autonomous driving technology.

Benzinga

How Zoom Communication's Stock Looks Heading Into Q4 Earnings: Charting The Path Ahead

Zoom Video Communications, Inc (NASDAQ: ZM) was trading up about 5% at one point on Monday, as the company headed into its fourth-quarter earnings print after the market close.

Benzinga

Chart Wars: Between Apple And Microsoft, Which Tech Stock Offers Better Risk-Reward?

Apple, Inc (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) were trading up 1.62% and 1.44% off the open, respectively, early on Monday morning but began to sink slightly by midday following reports that the nego

Benzinga

Microsoft Looks To Use 5G Wireless To Make Cloud Faster

Microsoft Corp (NASDAQ:MSFT) looks to use the 5G equipment of partners like AT&T Inc (NYSE:T) to provide some processing power located even closer to some customers than regional datacenters, Bloomberg reports. AT&T aims to bring private 5G wireless networks to businesses, universities, and the public sector, using Microsoft technology. Microsoft partner Lockheed Martin Corp (NYSE:LMT) collaborated…

Benzinga

Why Bitcoin- And Ethereum-Related Stocks Are Rising

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ:

Benzinga

Insurance Stocks Moving In Monday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

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Mid-Day Market Update: Nasdaq Turns Positive; Renewable Energy Group Shares Spike Higher

U.S. stocks pared some of its losses with the Nasdaq turning positive midway through trading on Monday, amid the ongoing Russia-Ukraine conflict, which has led to increased US sanctions on Russia.

Benzinga

VQS: Expanding Product / Service Offerings; Strengthening Market Positions in Key Geographies

By M. Marin NASDAQ:VQS | TSX:VQS.TO READ THE FULL VQS RESEARCH REPORT

Benzinga

How The Collapse Of The Russian Ruble Could Impact Your Portfolio

The Russian ruble was trading as low as 119 per U.S. dollar on Monday morning, down from 84 per dollar on Sunday, a decline of nearly 30%. The precipitous fall of Russia's currency comes in response to international backlash and sanctions against Russia following its invasion of Ukraine last week.

Benzinga

Why Plug Power Stock Looks Like It's Making A Reversal

Plug Power Inc. (NASDAQ: PLUG) shares are trading higher Monday and have reclaimed a support level they once were able to hold.

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Benzinga

Medicinal Cannabis And Psychedelics Company Incannex Lists American Depositary Shares On Nasdaq

Medicinal cannabis and psychedelics company Incannex Healthcare Limited (NASDAQ: IXHL) (ASX:IHL) commenced trading of its American Depositary Shares representing its ordinary shares on the Nasdaq Global Market under the ticker symbol 'IXHL'.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For February 28, 2022

Upgrades

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Merger Arbitrage Mondays - Standard General Acquires Tegna For $8.6 billion Or $24 Per Share In Cash

Merger activity remained steady with five new deals announced, four deals completed and one deal terminated. Two of the five new deals announced were potential deals in the works. TEGNA Inc. (NYSE: TGNA)

Benzinga

Benzinga's Daily Brief On Trending Tickers For Feb. 28, 2022: VanEck Russia ETF, Palantir Technologies, GameStop And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to illustrate recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Benzinga

Signal Founder Details Messaging App's Superiority Over Telegram Amid Ukrainian Crisis; Elon Musk Chimes In With His Preferences

Tesla, Inc.'s (NASDAQ: TSLA) Elon Musk, who is very active on Twitter, has in the past recommended Signal, a privately-held encrypted messaging service,

Benzinga

EV Week In Review: Tesla Bets Big On China, Lucid Hit With Recall Woes, Li Auto Surprises With Quarterly Profit, Ford Puts to Rest Spin-off Talks And More

EV shares had a mixed ride in the week ending February 25, as the Ukrainian conflict kept risk aversion going in the markets. Market leader Tesla, Inc. (NASDAQ: TSLA) continued to bleed during the week, having dropped to a psychological support of around $700, its lowest level since August 2021.

Benzinga

PreMarket Prep Stock Of The Day: PayPal

The seismic shift in consumer sentiment in the last 48 hours has investors showing interest in the beaten-down growth technology sector. One of the poster children for this group is PayPal Holdings Inc. (NASDAQ: PYPL), which is the PreMarket Prep Stock of the Day.

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