The Latest Breaking News from Nasdaq

The adoption of electric vehicles is progressing at a faster-than-expected rate, given automakers’ thrust to EV transitioning, governments’ mandates to ban ICE vehicles, and huge capital infusion into the space sector, an analyst at Needham said in a note.

Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.

An ad-supported plan coming later this year from streaming platform Netflix Inc (NASDAQ: NFLX) could add additional subscribers and revenue. Here’s a look at just how many subscribers Netflix thinks it can add with its new plan.

The U.S. Food and Drug Administration (FDA) has granted fast track designation for the development of TRACON’s (NASDAQ:TCON) lead asset envafolimab (KN035) for patients with locally advanced, unresectable or metastatic undifferentiated pleomorphic sarcoma (UPS) and myxofibrosarcoma (MFS) who have progressed on one or two prior lines of chemotherapy. TRACON shares…

Since October 2021, the communications sector has been lagging behind the S&P 500, and is down roughly 34% year-to-date, as of Sept. 9. As the economy braces for a potential recession, TV station operators hope to generate revenues through advertisers and subscribers.

A market sell-off on the heels of Consumer Price Index (CPI) inflation data Tuesday saw the broader U.S. markets post their worst day year-to-date in 2022. Here’s a look at how the market collapse impacted the wealth of the richest people in the world.

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.

With the launch of the new iPhone 14, tech giant Apple (NASDAQ: AAPL) launched iOS 16 for public for all iOS 16 eligible devices. The update is available in all countries across all eligible devices. This new operating system has some features that are not only useful but also fun to…

The old adage for media companies is “content is king,” and the world of streaming platforms has put sports media rights in focus. Live sports continue to generate huge viewership and command premium advertising dollars, but one league was rejected by a major streaming platform.

U.S. stocks pared gains toward the end of trading, with the Dow Jones dropping around 80 points on Wednesday.

A majority of Benzinga readers, 63.5%, expect the S&P 500 to hit a new low in September, according to a recent survey. More than 36% say it won't.