The Latest Breaking News from Nasdaq

Lordstown Motors Corp (NASDAQ:RIDE) and Lucid Group Inc (NASDAQ:LCID) shares are hitting the brakes Wednesday after the EV startups failed to dazzle investors with their quarterly results. 

Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to c

Someone with a lot of money to spend has taken a bullish stance on Advanced Micro Devices (NASDAQ:AMD). 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.

U.S. stocks traded lower toward the end of trading , with the Nasdaq Composite dropping 200 points on Wednesday.

FTX co-founder Sam Bankman-Fried was riding high for several years with his company rapidly growing market share in the cryptocurrency space. The increase in valuation for FTX helped Bankman-Fried’s wealth increase and also led to partnerships and deals with sports teams and athletes around the world.

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.

Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly

Gainers

Congressman Pete Sessions (R-TX) has served in the U.S. House of Representatives for 11 terms, and has made more than 80 trades in the past three years, per Capitol Trades.

U.S. stocks traded lower midway through trading as investors focused on the outcome of the midterm elections.

U.S. stocks traded lower, with the Nasdaq dropping more than 100 points on Wednesday. Here are some big stocks recording gains in today’s session.