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The Latest Breaking News from Nasdaq

Here's Why BofA Calls Roblox 'Category Leader' In The Emerging Metaverse Media Category

BofA analyst Omar Dessouky reinstated coverage of Roblox Corp (NYSE:RBLX) with a Buy rating and $84 price target, calling the company the "category leader" in the emerging "Metaverse" media category. The price target implies an upside of 20.8%. Roblox has no "old media" businesses to cannibalize and invests 100% of its resources exclusively towards leadership…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For February 14, 2022

Benzinga

Amazon Offers First Glimpse Of Footage From New 'Lord Of The Rings' Series

Amazon (NASDAQ: AMZN) has begun to offer the first glimpses of its upcoming Prime Video series “The Lord of the Rings: The Rings of Power,” with a 60-second trailer that premiered during Sunday night’s Super Bowl broadcast and an extended spread in Vanity Fair that provides more depth to t

Benzinga

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GCL-Poly Eyes More Debt Reduction With Potential STAR Market Listing

Key Takeaways: GCL-Poly says it is studying the possibility of a secondary listing on the Chinese mainland Such a listing would most likely occur on the Nasdaq-style STAR Market, which has rewarded such secondary listings with high valuations By Doug Young

Benzinga

AMD Completes Xilinx Acquisition: All You Need To Know

Advanced Micro Devices Inc (NASDAQ:AMD) completed the acquisition of Xilinx Inc (NASDAQ:XLNX) in an all-stock transaction. Xilinx stockholders received 1.7234 shares of AMD and cash in place of any fractional shares of AMD for each share of Xilinx. Xilinx will no longer trade on the NASDAQ. Related Content: AMD, Xilinx Stockholders Approve Acquisition AMD had initially announced the…

Benzinga

Why Are Splunk Shares Popping Today?

Cisco Systems Inc (NASDAQ: CSCO) made a takeover offer worth more than $20 billion for software maker Splunk Inc (NASDAQ: SPLK),

Benzinga

Intel Says Jack Dorsey's Block Is A 'First Customer' For Its New Bitcoin Mining Chip

Global technology giant Intel Corporation (NASDAQ: INTC) has unveiled more details about its upcoming Bitcoin (CRYPTO: BTC) mining microchip.

Benzinga

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It Won't Be The Same Tesla In The Future: Elon Musk And Others Weigh In

Tesla, Inc. (NASDAQ: TSLA) has a thriving EV manufacturing business, thanks to CEO Elon Musk's vision and its early mover advantage. Indications from the Tesla chief suggest that a few years from now, the company may not look anything like it currently does.

Benzinga

Coinbase Trading Vulnerability Exposed By White-Hat Hacker; Service Now Restored

On Friday, an anonymous white-hat hacker named @Tree_of_Alpha managed to suspend trading on cryptocurrency exchange platform Coinbase Global Inc (NASDAQ: COIN) by hacking its advanced trading platform.

Benzinga

EV Week In Review: Musk Finally Gets Biden's Mention, XPeng Zooms Into More European Markets Ahead Of Nio, Ford Ropes In Another Tesla Executive And More

EV stocks closed the week ending Feb. 11 on a mixed note amid the broader market volatility. Tesla Inc (NASDAQ: TSLA) continued to be haunted by recalls, but CEO Elon Musk scored a victory in his pursuit of an endorsement from President Joe Biden.

Benzinga

PreMarket Prep: Sean Udall Talks Affirm Holdings Fundamentals As Stock Spirals Down

With the insane price action in Affirm Holdings Inc (NASDAQ: AFRM) over the last few days, investors could be distracted from the actual fundamentals of the company.

Benzinga

'We Understand Street Frustration': 3 Affirm Analysts React To Noisy Q2 Earnings Report

Shares of Affirm Holdings Inc (NASDAQ: AFRM) tumbled another 20% on Friday after a big Thursday sell-off as the company's revenue guidance disappointed the market.

Benzinga

Why This Activist Peloton Investor Wants The Company Put Up For Sale

Activist investor Blackwells Capital is calling on Peloton Interactive Inc (NASDAQ: PTON) to seek a buyout rather than restructure its struggling business internally.

Benzinga

20 Electric Vehicle Stocks To Choose From: Which One Is For You?

Electric vehicles stocks have been emerging as a popular play with investors. And like other stocks, they will sometimes trade in sympathy with each other. (For those who don't know, a sympathy play is a trade or investment that can be made in order to capture similar exposure to a theme or sector.)

Benzinga

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Benzinga

EEIQ: Optimistic About New Pathways Model, O&O Initiative, Other Growth Plans

By M. Marin NASDAQ:EEIQ READ THE FULL EEIQ RESEARCH REPORT Expanding in key markets

Benzinga

Benzinga's Daily Brief On Trending Tickers For Feb. 11, 2022: Cassava Sciences, Cleveland Cliffs, 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 highlight 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

Mid-Day Market Update: Nasdaq Drops 100 Points; Bloom Energy Shares Jump

The Nasdaq turned lower during the mid-day session, with the tech-laden index falling 100 points on Friday.

Benzinga

41 Stocks Moving In Friday's Mid-Day Session

Gainers Modular Medical, Inc. (NASDAQ: MODD) shares climbed 34.5% to $4.99 following its recent uplisting to the Nasdaq Capital Market on Thursday.

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Benzinga

Metacrine To Slash Its Workforce By 50%

Metacrine Inc (NASDAQ: MTCR) will ax half of its staff to conserve cash as it makes a last-stand drug development effort.

Benzinga

This Theme Park Stock Has A Better 1-Year Return Than Tesla, Ford, Microsoft, Apple, Disney, Netflix And Amazon

Since 1959, SeaWorld Entertainment Inc (NYSE: SEAS) has entertained millions of families, and over the last year, has been the home of marked returns for investors.

Benzinga

Why Astra Space Shares Are Falling Today

Astra Space Inc (NASDAQ: ASTR) is trading lower Friday after the company experienced an issue with a flight that resulted in payloads not being delivered to orbit.

Benzinga

Why Zillow Shares Are Trading Higher Today

Zillow Group Inc (NASDAQ: Z) (NASDAQ: ZG) is trading higher Friday morning after the company announced strong fourth-quarter financial results.

The Guardian - UK

SoftBank’s Arm flotation hopes hit by legal fight in China

News of dispute comes as London Stock Exchange seeks to persuade SoftBank to reconsider its Nasdaq choice

Benzinga

11 Communication Services Stocks Moving In Friday's Pre-Market Session

Benzinga

Tesla Looks To Add A Design Center In Beijing As It Increases Focus On The Growing Chinese EV Market

Tesla Inc (NASDAQ: TSLA) plans to open a design center in Beijing, indicating the region's growing importance for the Elon Musk-led company, Reuters

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