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The Latest Breaking News from Nasdaq

Karyopharm Therapeutics' Shares Slide After Biogen Terminates 2018 Asset Purchase Agreement

Biogen Inc. (NASDAQ:BIIB) has informed Karyopharm Therapeutics Inc (NASDAQ:KPTI) that it has opted to terminate the companies' Asset Purchase Agreement dated January 24, 2018, as amended. As per the agreement, Karyopharm sold rights of its oral Selective Inhibitor of Nuclear Export compound KPT-350 and certain related assets to Biogen. KPTI received an upfront payment…

Benzinga

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $4,800 Today

Regeneron Pharmaceuticals (NASDAQ:REGN) has outperformed the market over the past 10 years by 6.25% on an annualized basis producing an average annual return of 17.08%. Currently, Regeneron Pharmaceuticals has a market capitalization of $61.64 billion.

Benzinga

Lucid Gr Whale Trades For June 15

A whale with a lot of money to spend has taken a noticeably bearish stance on Lucid Gr. Looking at options history for Lucid Gr (NASDAQ:LCID) we detected 24 strange trades.

Benzinga

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Dow Jones Closes Up 301 Points After Fed Rate Hike Decision; Oil Stocks Fall On Biden Warning

The Dow Jones closed higher after a key decision from the Federal Reserve to raise rates by 75 basis points, the largest move since 1994.

Investors Business Daily

Here's How Much You Would Have Made Owning Palo Alto Networks Stock In The Last 5 Years

Palo Alto Networks (NASDAQ:PANW) has outperformed the market over the past 5 years by 20.63% on an annualized basis producing an average annual return of 30.1%. Currently, Palo Alto Networks has a market capitalization of $49.17 billion.

Benzinga

Bill Gates Still Moved To Tears By Warren Buffett Philanthropy: Here's How Many Berkshire Hathaway Shares Were Donated

One of the most philanthropic billionaires of all time is Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett. The CEO recently made his annual gift to the Gates Foundation.

Benzinga

Why Amazon Stock Jumped 5% Today

Amazon.com Inc (NASDAQ: AMZN) shares surged Wednesday following the Federal Reserve's rate hike announcement.

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High Tide: 'Continued Progress, But More Operational Leverage Needed,' Analyst Says

The Analyst Pablo Zuanic from Cantor Fitzgerald remained ‘Neutral' on High Tide Inc. (NASDAQ: HITI) and lowered the stock 12-month price target to C$4.45 from C$7 “given overall sectoral derating.”

Benzinga

Why Nvidia Stock Is Rising

NVIDIA Corp (NASDAQ: NVDA) shares are trading higher Wednesday as the overall market rises following the Federal Reserve's rate hike announcement.

Benzinga

Why Microsoft Stock Is Surging Today

Microsoft Corp (NASDAQ: MSFT) shares are trading higher Wednesday as the overall market rises following the Federal Reserve's rate hike announcement.

Benzinga

Read What Needham Thinks About Blink Charging's SemaConnect Deal

Needham analyst Vikram Bagri raised the price target for Blink Charging Co (NASDAQ:BLNK) to $27 (an upside of 78%) from $25 while maintaining the Buy rating on the shares after the company acquired SemaConnect. The analyst sees eligibility for NEVI funding from newfound eligibility under the Buy America requirement as the biggest near-term deal benefits,…

Benzinga

Mid-Afternoon Market Update: Dow Jumps Over 300 Points; Fed Boosts Interest Rates by 0.75%

U.S. stocks traded higher toward the end of trading, after the Federal Reserve raised interest rates by 0.75%.

Benzinga

Ford Looks To Beat Tesla And GM In Race To Electric Pickup Truck Domination

Ford Motor Co. (NYSE: F) looks to steer the electric vehicle narrative away from Tesla Inc. (NASDAQ: TSLA).

Benzinga

Ryanair Discontinues Afrikaans Test Following Outcry In South Africa

Ryanair Holdings plc (NASDAQ:RYAAY) has eliminated a requirement for South African travelers to confirm their nationality before flying by passing an Afrikaans test following a backlash from South Africans, Reuters reported. Last week, the South African government expressed shock at Ryanair's intention to oblige U.K.-bound travelers with South African passports to take…

Benzinga

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Benzinga

Why ACADIA Pharmaceuticals Shares Are Trading Higher Today?

Ahead of Acadia Pharmaceuticals Inc's (NASDAQ:ACAD) FDA AdComm meeting on Friday, the agency officials released their briefing documents, revealing a mixed bag of opinions. The company's resubmitted supplemental New Drug Application for pimavanserin for hallucinations and delusions associated with Alzheimer's disease psychosis (ADP) has a target action date of August 4. Initially, the FDA…

Benzinga

Why Adaptive Biotechnologies Shares Are Rising

Adaptive Biotechnologies Corp (NASDAQ: ADPT) shares are trading higher by 12.58% to $7.25 after the company launched T-Detect Lyme, to help diagnose early lyme disease.

Benzinga

Farmmi Wins Repeat Order For England Export

Farmmi Inc (NASDAQ:FAMI) has bagged a repeat order from a long-term customer, which will export to England. The financial terms were not disclosed. The order is for Farmmi's dried Shiitake mushrooms. "Our core pillars of product excellence and availability combined with our established global logistics network are enabling us to drive sales," said Chairwoman…

Benzinga

Microsoft Fixes Flaw Exploited By State-Backed Hackers

Microsoft Corp (NASDAQ:MSFT) released a fix for Windows zero-day flaw exploited by state-backed hackers. However, cybersecurity firm Sophos noted that the fix did not feature on the list of patches included in the release. However, it confirmed the mitigation of Follina. Microsoft strongly recommended that customers install the updates for complete protection from the vulnerability. Also…

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Benzinga

The Original 'Is A Great Movie': Here's The 2022 Film Elon Musk Is 'Looking Forward' To Seeing

Many people love to hear favorite books, movies and television shows of celebrities and the world’s richest people. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk shared some more insight into movies on Wednesday.

Benzinga

Who Needs TV Commercials? Tesla China Shows Off Camp Mode In New Video On Social Media

Electric vehicle giant Tesla Inc (NASDAQ: TSLA) is notorious for not airing television commercials and spending minimal on the marketing of its products.

Benzinga

This Is What Whales Are Betting On Marvell Tech

A whale with a lot of money to spend has taken a noticeably bullish stance on Marvell Tech. Looking at options history for Marvell Tech (NASDAQ:MRVL) we detected 20 strange trades.

Benzinga

If You Invested $100 In This Stock 20 Years Ago, You Would Have $4,100 Today

O'Reilly Automotive (NASDAQ:ORLY) has outperformed the market over the past 20 years by 13.63% on an annualized basis producing an average annual return of 20.51%. Currently, O'Reilly Automotive has a market capitalization of $39.33 billion.

Benzinga

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $12,000 Today

Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 10 years by 17.76% on an annualized basis producing an average annual return of 28.52%. Currently, Old Dominion Freight Line has a market capitalization of $27.60 billion.

Benzinga

10 Communication Services Stocks Whale Activity In Today's Session

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.

Investors Business Daily

Stock Market Pares Gains After Fed Raises Rate Three-Quarters Of Point

The Fed put the target range for the federal funds rate at 1.5% to 1.75%, adding that it "anticipates that ongoing increases in the target range will be appropriate."

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