The Latest Breaking News from Nasdaq

Someone with a lot of money to spend has taken a bearish stance on Tesla (NASDAQ:TSLA). 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.

Key Takeaways: Reuters reported Tencent might sell some or all of its Meituan holdings this year, though Tencent called the report ‘inaccurate’ Some think Tencent might sell other stakes in its more than 70 U.S.- and Hong Kong-listed portfolio companies to raise funds to buy back its shares By Fai…

CNBC Top Amazon Seller Succumbs To Economic Meltdown

Gainers Bird Global, Inc. (NYSE: BRDS) shares rose 25.2% to $0.54 in pre-market trading. Bird secured permit extensions and expanded to new U.S. cities.

  Companies Reporting Before The Bell • CNFinance Hldgs (NYSE:CNF) is estimated to report quarterly earnings at $0.03 per share on revenue of $69.74 million.

Pre-open movers

Gainers

Electric-vehicle stocks plunged in Hong Kong on Wednesday morning, with Tesla Inc (NASDAQ: TSLA) rival XPeng Inc tumbling over 10% after posting a quarterly net loss that more than doubled.

Video communications company Zoom Video Communications Inc (NASDAQ: ZM) reported earnings per share (EPS) that beat Street estimates and revenue which missed Street estimates on Monday. Analysts sized up the latest quarterly report and the company’s guidance.