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The Latest Breaking News from Nasdaq

Why Alibaba, Xpeng And Other Stocks Are Rising In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index to its highest level in almost two months.

Benzinga

ASX rallies as resources stocks boosted by China rate cut and higher commodity prices

The ASX pared its losses after miners and energy stocks rose after China cut interest rates again and the unemployment rate fell. The Nasdaq Composite index falls 10 per cent from its peak.

ABC News

2 New Titles For Netflix Games: What Investors Need To Know

Netflix Inc (NASDAQ: NFLX) announced Tuesday the company is expanding its mobile gaming lineup with the addition of two new games.

Benzinga

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Why AMD Shares Fell Sharply This Week

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares traded lower by 6.67% to $63.36 this week amid overall market weakness and a rise in the 10-year treasury yield, which is hovering around a decade high of 4%.

Benzinga

6 Analysts Dissect Microsoft's Activision Blizzard Deal: 'A Call Option On Numerous Metaverse Plays'

Microsoft Corporation (NASDAQ: MSFT) announced Tuesday its biggest-ever acquisition by agreeing to buy Activision Blizzard, Inc.

Benzinga

Plug Power Drops Below A Key Support Level; Can Bulls Reenergize The Stock?

Plug Power Inc. (NASDAQ: PLUG) shares were trading lower Wednesday, dropping below a level that has held as support in the past. Breaking below support is a potentially bearish sign and shows buyers are not being found where they once were.

Benzinga

Fire & Flower Marijuana Retailer Prepares For NASDAQ Listing, Files 40-F With SEC

Marijuana retailer Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) announced the filing of its Form 40-F Registration Statement with the US Securities and Exchange Commission (SEC) in preparation for the company to list its shares on the Nasdaq Stock Marke

Benzinga

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35 Stocks Moving In Wednesday's Mid-Day Session

Gainers Zogenix, Inc. (NASDAQ: ZGNX) shares jumped 67.1% to $26.15 after the company announced it will be acquired by UCB for approximately $1.9 billion.

Benzinga

Rimini Street Shares Gain On Roth Capital Upgrade

Roth Capital analyst Richard Baldry upgraded Rimini Street Inc (NASDAQ:RMNI) to Buy from Neutral with an $8 price target, suggesting an upside of 53%. The shares are down 57% versus their highs and trading at only 1.1-times run-rate revenues. The analyst does believe recent staccato growth results are likely to continue to temper a return…

Benzinga

Why This Tesla Analyst Is Projecting Sharp Drop In Market Share, Benefits For Legacy Automakers

Tesla, Inc. (NASDAQ: TSLA), which has a commanding position in the U.S. electric vehicle market, could see an erosion in market share in the medium term, according to a BofA Securities analyst.

Benzinga

ChemoCentryx's Avacopan Scores European Approval For ANCA-Associated Vasculitis

The European Union has approved ChemoCentryx Inc's (NASDAQ: CCXI) Tavneos (avacopan) for ANCA-associated vasculitis.

Benzinga

Stocks That Hit 52-Week Lows On Wednesday

During Wednesday's morning trading, 400 companies set new 52-week lows.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For January 19, 2022

Upgrades

Benzinga

Why Zogenix Shares Are Soaring Today

Zogenix Inc (NASDAQ: ZGNX) is trading significantly higher Wednesday morning after the company announced it received a proposal to be acquired by UCB for approximately $1.9 billion.

Benzinga

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Benzinga

Morgan Stanley Bumps Up Alphabet Price By 7.2%

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares to $3,430 from $3,200 and reiterated an Overweight rating on the shares. The price target implies an upside of 25.8%. Nowak updated his models and rolled forward valuations among his Internet sector coverage. Heading into 2022, Nowak said he remains…

Benzinga

Intel Will Be Manufacturing An Energy-Efficient Bitcoin Mining Chip: Report

The world’s largest microchip manufacturer Intel Corporation (NASDAQ: INTC) plans to unveil an energy-efficient Bitcoin (CRYPTO: BTC) mining chip.

Benzinga

The Daily Biotech Pulse: Gamida Gains On Positive Regulatory Development, Orphazyme & ADMA Preannouncements, ImmunityBio & Leap Present Positive Data

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

Benzinga

10 Biggest Price Target Changes For Wednesday

Raymond James cut DexCom, Inc. (NASDAQ: DXCM) price target from $618 to $538. DexCom shares rose 1.1% to $434.60 in pre-market trading.

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Benzinga

Here's Why Goldman Sachs Downgraded Cisco

Goldman Sachs analyst Rod Hall downgraded Cisco Systems Inc (NASDAQ:CSCO) to Neutral from Buy with an unchanged price target of $65, suggesting an upside of 8.82%. The analyst says the shares are approaching the price target while his fundamental outlook "is now in line with consensus." Hall continues to see Cisco's ongoing Cat 9K refresh…

Benzinga

20 Stocks Moving in Wednesday's Pre-Market Session

Gainers Zogenix, Inc. (NASDAQ: ZGNX) shares rose 56.1% to $24.41 in pre-market trading after UCB announced plans to acquire the company.

Benzinga

Here's Why KeyBanc Sees 39% Upside In Nutanix

KeyBanc analyst Thomas Blakey initiated coverage of Nutanix Inc (NASDAQ:NTNX) with an Overweight rating and a $39 price target, suggesting an upside of 38.74%. The recent acceleration, new product cross-sell, and go-to-market partnerships have influenced his above-Street revenue and ACV billings outlook. Blakey further notes that he sees potential rerating with about 50% of…

Benzinga

UCB to Buy Epilepsy-Focused Zogenix In $1.9B Deal: See The Highlights

Belgian-based UCB SA (OTC: UCBJF) has agreed to buy Zogenix Inc (NASDAQ: ZGNX), a U.S.

Benzinga

65 Biggest Movers From Yesterday

Gainers Brickell Biotech, Inc. (NASDAQ: BBI) shares jumped 58.6% to settle at $0.33 on Tuesday after HC Wainwright & Co initiated coverage on the stock with a Buy rating and $2 price target.

Benzinga

What's Going On With SoFi Stock?

SoFi Technologies Inc (NASDAQ: SOFI) shares traded 1% higher at $12.18 in after-hours trading on Tuesday. What’s Moving? On Tuesday, in the regular session, SoFi shares closed 8.6% lower at $12.06.

Benzinga

Interactive Brokers' Thomas Peterffy Weighs In On Q4 Results, Robinhood Competition

Interactive Brokers Group Inc (NASDAQ: IBKR) traded lower Tuesday after the company announced its fourth-quarter financial results.

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