The Latest Breaking News from Nasdaq

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

U.S. stock futures traded higher this morning on Thursday after closing slightly higher on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Gainers Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) shares climbed 75.2% to close at $2.19 after the company announced it has developed a non-invasive blood sensor designated to alert real-time change in patients' clinical condition.

Raymond James analyst Simon Leopold downgraded VMware, Inc (NYSE:VMW) from Outperform to Market Perform. The re-rating reflects the expiry of the "Go Shop" period with no other bidders. He expects Broadcom Inc (NASDAQ:AVGO) deal to win approval but will take about a year to close. Leopold views Broadcom's bid of $61 billion, or $142.50 per share…

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) surprised many with an announcement that it would reduce its workforce by 10%.

BWS Financial analyst Hamed Khorsand rated Xperi Holding Corp (NASDAQ:XPER) as a Top Pick, reiterating its Buy rating with a price target of $26. He saw Xperi accelerating its presence within connected TVs with the acquisition of Vewd Software.  Two weeks after XPER raised guidance for cash flow from operations, the Company is putting its cash to work by…

Ayala Pharmaceuticals Inc (NASDAQ:AYALA) reported data from Part A of its Phase 2 (RINGSIDE) trial evaluating AL102 in patients with desmoid tumors on Tuesday.  At 16 weeks, one of 13 patients treated with AL102 demonstrated an unconfirmed partial response, which HC Wainwright believes signals encouraging initial activity.  HC Wainwright reiterated the Buy rating on the…

AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) has entered into a definitive agreement for a convertible debt facility of an initial principal amount of $14.025 million and up to an additional principal amount of $33 million with accredited institutional investors. The initial conversion price of the Notes is $2.22 per share.  Under the agreement, the…

Leading software development company Heartcore Enterprises, Inc (NASDAQ:HTCR) launched "truRes-12K", the world's first 12k-compatible real-time 360° virtual reality camera. HeartCore developed the first-ever 12K VR camera that provides users with higher-quality VR and AR images by combining a camera, chipset, stitching processing technology, and compression technology.  HeartCore aims to market and sell its truRes-12K…