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The Latest Breaking News from Nasdaq

Benzinga Before The Bell: Executive Shakeup At Amazon, Boeing Supply Chain Warning, Apple's Tim Cook Says 'Stay Tuned' On AR/MR And Other Top Financial Stories Wednesday, June 22

CNBC Moderna To establish New Vaccine Facility In Britain

Benzinga

Why Athira Pharma Stock Is Plunging

Athira Pharma Inc (NASDAQ: ATHA) shares are falling Wednesday after the company announced topline results from its exploratory ACT-AD Phase 2 study of fosgonimeton in patients with mild-to-moderate Alzheimer's disease.

Benzinga

Athira Pharma Shares Fall To 52-Week Low - Read Why

Athira Pharma Inc (NASDAQ:ATHA) shares are falling to 52-week lows after announcing disappointing topline results from its exploratory ACT-AD Phase 2 study of fosgonimeton (ATH-1017) in mild-to-moderate Alzheimer's disease (AD). The study did not meet the primary endpoint of a statistically significant change in ERP P300 Latency for the modified intent to treat…

Benzinga

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The Valens Company Signs Exclusive Cannabis Partnership With Coldhaus Distribution

The Valens Company Inc. (NASDAQ: VLNS) (TSX: VLNS) has secured an exclusive cannabis partnership with Coldhaus Distribution to provide integrated logistics solutions for Valens-branded cannabis products across Ontario, Alberta, and British Columbia.

Benzinga

Why Precision BioSciences Shares Are Surging Today

Precision BioSciences Inc (NASDAQ:DTIL) has entered into an exclusive worldwide in vivo gene editing research and development collaboration and license agreement with Novartis AG (NYSE:NVS) Precision will develop a custom ARCUS nuclease that will be designed to insert, in vivo, a therapeutic transgene at a "safe harbor" location in the genome as a potential one-time…

Benzinga

Dow Jones Rises, Techs Lead As Fed Chief Powell Minimizes Recession Risks

Stocks turned mixed as Fed chief Jerome Powell minimized recession risks before Congress. But crude oil and bond yields tumbled.

Investors Business Daily

Meta, Microsoft, Alibaba, Others Form Metaverse Governing Body; Apple's Name Missing

Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), Alibaba Group Holding Limited (NYSE:BABA), and other tech giants striving to build the emerging metaverse concept have formed a group to foster the development of industry standards. The initiatives look to make the companies' nascent digital worlds compatible. The Metaverse Standards Forum includes leading companies working in the space, from…

Benzinga

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Moderna To establish New Vaccine Facility In Britain

Moderna Inc (NASDAQ:MRNA) announced an agreement with the United Kingdom government to establish an mRNA Innovation and Technology Center in the U.K. Additionally, Moderna plans to expand its presence in the U.K. through investments in R&D activities. Moderna is collaborating with the National Institute for Health Research on a Phase 3 study…

Benzinga

EXCLUSIVE: Pasithea Expands Its Core Therapeutic Pipeline With This Acquisition

Pasithea Therapeutics Corp (NASDAQ: KTTA) has acquired Alpha-5 integrin LLC, a privately-held preclinical-stage company developing a monoclonal antibody (mAbs) for amyotrophic lateral sclerosis (ALS) and other neuroinflammatory disorders.

Benzinga

Elon Musk Sees Threat To Starlink From Alleged 'Super Shady And Unethical' Moves From These Companies

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday called out broadband companies Dish Network Corp (NASDAQ: DISH) and&nbs

Benzinga

Kraft's Macaroni And Cheese Gets New Name & Look

Kraft Heinz Co (NASDAQ:KHC) said its famous comfort food, Kraft Macaroni and Cheese is being renamed Kraft Mac & Cheese. The new brand identity also includes an updated logo and noodle smile. The blue box will now feature just a single-color hue of blue. “We know that people aren't turning to comfort food…

Benzinga

21 Stocks Moving in Wednesday's Pre-Market Session: Revlon, La-Z-Boy, Houston American, Ovintiv And More

Gainers Codex DNA, Inc. (NASDAQ: DNAY) rose 64.5% to $3.52 in pre-market trading after declining 10% on Tuesday.

Benzinga

Galapagos Bets €225M On CellPoint Marking Its Entry Into CAR-T Field

Galapagos (NASDAQ:GLPG) agreed to acquire CellPoint and AboundBio in an all-cash transaction propelling into next-generation cell therapy while significantly broadening its portfolio and capabilities. Galapagos will pay an upfront amount of €125 million for CellPoint, an additional €100 million to be paid upon achieving certain milestones, and $14 million for AboundBio. Galapagos said…

Benzinga

NaaS Partners With State Grid Changzhi Electric Power Supply For EV Charging Stations

NaaS Technology Inc (NASDAQ:NAAS) has signed a partnership agreement with State Grid Changzhi Electric Power Supply Company to build new electric vehicle (EV) charging stations. The move is aimed at enhancing the local charging services in Changzhi, Shanxi Province. Under the agreement, State Grid Changzhi Electric Power Supply Company will provide construction sites…

Benzinga

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Benzinga

Sabre, Cathay Pacific Airways Extend Partnership On NDC Content

Sabre Corp (NASDAQ:SABR) has extended its partnership with Cathay Pacific Airways Ltd (OTC:CPCAF) for New Distribution Capability (NDC) content. The partnership will allow Saber-connected travel agencies to access dynamic New Distribution Capability (NDC) content from Cathay Pacific through the Sabre travel marketplace. The deal enables Cathay Pacific to create additional airline retailing opportunities. “NDC is…

Benzinga

Meta Facing AR/VR Slowdown: Analayst Updates Expectations On Quest 2 Pro Headset Launch

Meta Platforms, Inc. (NASDAQ: META), which changed its name and ticker to reflect its pivot toward the metaverse, is not seeing much traction on that front, according to tech analyst Ming-Chi Kuo.

Benzinga

Earnings Scheduled For June 22, 2022

Companies Reporting Before The Bell • Korn Ferry (NYSE:KFY) is expected to report quarterly earnings at $1.55 per share on revenue of $680.71 million.

Benzinga

US Stock Futures Down; Powell Testimony In Focus

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones gained more than 600 points in the previous session.

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Benzinga

67 Biggest Movers From Yesterday

Gainers Convey Health Solutions Holdings, Inc. (NYSE: CNVY) shares jumped 138.4% to close at $10.30 as the company agreed to be taken private by TPG Capital.

Benzinga

Tim Cook Opens Up At Last About Apple's AR/MR Project: 'Stay Tuned To See What We Have to Offer'

Apple Inc (NASDAQ: AAPL) remained tight-lipped about rumors of its augmented reality/mixed reality (AR/MR) project at its

Benzinga

Amazon Lost 2 Key Black Executives This Week: What You Need To Know

Amazon.com, Inc (NASDAQ: AMZN) has reportedly lost two key Black executives, including one on its core team.

Benzinga

Joe Biden Calls Chevron CEO 'Sensitive,' Invites Target Chief's Ire Amid Gas Price Debate

Joe Biden's spat with American corporate executives intensified this week as he traded barbs with the CEO of Chevron Corp (NASDAQ: CVX), while Target Corp's (NYSE: T

Benzinga

Elon Musk Reacts To Prediction Of Volkswagen Overtaking Tesla By 2024

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday dismissed a recent Bloomberg Intelligence forecast that estimates Germany’s Volkswagen Group (OTC:

Benzinga

Cathie Wood Loads Up $1M More Of This Self-Driving Trucking Firm As Shares Drop 80% YTD

Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its first buy in the San Diego, California-based start

Benzinga

Bill Clinton Takes A Shot At Donald Trump: Here's What He Said

A former president took a shot at another former president when asked a question on a late-night talk show. What Happened: In an appearance on last week’s “Late Late Show With James Corden,” former President Bill Clinton was a featured guest.

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