The Latest Breaking News from Nasdaq

Amid fears of inflation, the best mutual funds bet $1.9 billion on NDAQ stock, topping investments in Apple.

Reuters

Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.

Akero Therapeutics (NASDAQ:AKRO) revealed topline data from HARMONY, a 24-week Phase 2b study evaluating the efficacy and safety of its lead product candidate efruxifermin (EFX) in patients with pre-cirrhotic nonalcoholic steatohepatitis (NASH), the study met its primary endpoint for both the 50mg and 28mg EFX dose groups. Akero Therapeutics shares…

Merger and acquisition activity in the cannabis space has accelerated in 2022 and looks poised to continue to pick up with markets trending lower on continued inflation concerns.

WM Technology Inc (NASDAQ: MAPS) is best known for its online cannabis marketplace Weedmaps, but the company is also working hard on providing business solutions for brands and retailers across the cannabis market.

Actor Ashton Kutcher made a name for himself starring in shows like “That ‘70s Show,” “Punk’d” and “Two and a Half Men” along with movies like “Dude, Where’s My Car?” and “Just Married.”

The stock market sold off Tuesday as a hot inflation report spurred calls for the biggest Fed rate hike since the early 1980s. Apple, Tesla, Nvidia skidded.

Someone with a lot of money to spend has taken a bearish stance on Atlassian Corp (NASDAQ:TEAM). 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.