The Latest Breaking News from Nasdaq

Someone with a lot of money to spend has taken a bearish stance on Activision Blizzard (NASDAQ:ATVI). 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.

Advanced Micro Devices (NASDAQ:AMD) has outperformed the market over the past 5 years by 35.35% on an annualized basis producing an average annual return of 45.28%. Currently, Advanced Micro Devices has a market capitalization of $140.52 billion.

Last week, Splunk Inc (NASDAQ: SPLK) held its annual conference, during which it made several products and partner announcements. 

Applied Materials (NASDAQ:AMAT) has outperformed the market over the past 5 years by 8.36% on an annualized basis producing an average annual return of 18.27%. Currently, Applied Materials has a market capitalization of $84.32 billion.

Credit Suisse analyst Dan Levy maintained Tesla Inc (NASDAQ:TSLA) with an Outperform and cut the price target from $1,125 to $1,000 (37% upside). Levy expected Tesla's 2Q deliveries of 242,000, missing the consensus of ~280,000 due to the Shanghai COVID shutdown.  Moreover, given the lower delivery outlook, the associated margin impact, and an expected Bitcoin impairment, he…

Yesterday, Amryt Pharma plc (NASDAQ:AMYT) received European approval for Filsuvez for partial thickness wounds associated with dystrophic and junctional Epidermolysis Bullosa (EB) in patients six months and older.  Filsuvez becomes the first approved treatment for EB.  HC Wainwright notes that the Medicines and Healthcare products Regulatory Agency in the U.K. is expected to grant authorization…

Intellia Therapeutics Inc (NASDAQ:NTLA) and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) announced additional interim data from the Phase 1 study of NTLA-2001, in vivo genome editing candidate for transthyretin (ATTR) amyloidosis.  Intellia had said that at the highest dose level (1.0mg/kg), six patients had shown a 93% mean reduction in the toxic protein. In the new data,…

United Airlines Holdings Inc (NASDAQ:UAL) pilots have voted to approve a tentative agreement (TA) on modified terms for their collective bargaining agreement. The United Master Executive Council represents 14,000 UAL pilots, as represented by the Air Line Pilots Association, Int’l (ALPA). The tentative agreement highlights three pay rate increases totaling more than 14.5%…

Autodesk (NASDAQ:ADSK) has outperformed the market over the past 10 years by 7.71% on an annualized basis producing an average annual return of 19.01%. Currently, Autodesk has a market capitalization of $40.66 billion.