The Latest Breaking News from Nasdaq

U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 350 points on Wednesday.

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future. 

By Lisa Thompson NASDAQ:OIIM READ THE FULL OIIM RESEARCH REPORT

  Rocky Brands, Inc. (NASDAQ: RCKY) dipped 21.6% to $26.62 after the company reported worse-than-expected Q2 EPS results.

 

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

Here's a roundup of top developments in the biotech space over the last 24 hours:

U.S stocks traded higher on Wednesday, with the Dow Jones gaining more than 200 points. Investors, meanwhile, focused on some notable insider trades.

Tesla, Inc.'s (NASDAQ: TSLA) annual shareholder meeting is scheduled to be held on Thursday at 5:30 p.m. ET. This will be a hybrid event, allowing limited in-person attendance at the company’s Giga Austin facility, while any shareholder as of June 6 could join the meeting virtually.

Although US stocks closed mostly lower on Tuesday, there were a few notable insider trades.

Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM) release preliminary unaudited financial results for its second quarter ended June 30, 2022, revealing net sales estimated between $96.0 million to $97.5 million, as compared to $133.8 million for the three months ended June 30, 2