The Latest Breaking News from Nasdaq

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Gainers Direct Digital Holdings, Inc. (NASDAQ: DRCT) shares surged 82.2% to $2.6787. Direct Digital Holdings said its supply-side advertising platform, Colossus SSP, reported a 540% year-over-year growth in revenue for the first quarter.

Nvidia Corporation (NASDAQ: NVDA) opened slightly lower on Wednesday but began to move higher intraday. The move is continues a bullish trading session on Tuesday that saw the chip-maker rally over 5%.

Coinbase Global, Inc. (NASDAQ: COIN) jumped 13.7% to $74.88 amid an increase in the price of Bitcoin and Ethereum.

A whale with a lot of money to spend has taken a noticeably bullish stance on Marvell Tech. Looking at options history for Marvell Tech (NASDAQ:MRVL) we detected 12 strange trades.

Enphase Energy, Inc. (NASDAQ: ENPH) is scheduled to report second-quarter 2022 results on Jul 26 after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 13.24%. Enphase Energy has a trailing four-quarter earnings surprise of 23.79%, on average.

A whale with a lot of money to spend has taken a noticeably bearish stance on PayPal Holdings. Looking at options history for PayPal Holdings (NASDAQ:PYPL) we detected 21 strange trades.

One of the most powerful tradable market events is a short squeeze, so traders are always on the lookout for the next short squeeze candidate. S3 Partners analyst Ihor Dusaniwsky has just released a list of potential short squeeze stocks based on S3's proprietary Squeeze Score rating

U.S. stocks traded mixed this morning, with the Dow Jones dropping more than 100 points on Wednesday.