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The Latest Breaking News from Nasdaq

Rhythm Pharma Secures Non-Dilutive Financing Of $100M To Use Of This...

Rhythm Pharmaceuticals Inc (NASDAQ:RYTM) entered into a Revenue Interest Financing Agreement with HealthCare Royalty Partners for a total investment of $100 million. Rhythm intends to use the proceeds to support global commercialization efforts for its newly approved Imcivree (setmelanotide) and ongoing clinical development. With this new approval, Imcivree is indicated for chronic weight management…

Benzinga

Arrival Partners With Enel X For Bus Trials In Italy

Arrival SA (NASDAQ:ARVL) and Enel Group's global business line, Enel X, have entered into a partnership to test the zero-emission battery-electric bus in Italy. The collaboration aims to foster the growth of electrified public transport globally through high-performance and competitive solutions. The tests will be carried out by Enel X in Italy, at the…

Benzinga

Advantage AMD: Analyst Flags Delay In Intel Server Chip Shipment

Intel Corp's (NASDAQ: INTC) product misstep woes are likely to return to haunt the company, casting more clouds over its turnaround efforts.

Benzinga

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Is Tesla Sending Untrained Workers To Service Centers?

Tesla Inc (NASDAQ: TSLA) is sending untrained employees to service centers to address issues as its customer fleet grows much faster than the service infrastructure, Electrek.com

Benzinga

21 Stocks Moving in Friday's Pre-Market Session

Gainers Athersys, Inc. (NASDAQ: ATHX) rose 48.5% to $0.4755 in pre-market trading after dropping more than 12% on Thursday.

Benzinga

US Stock Futures Higher Following Thursday's Sell-Off

Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones dipped more than 700 in the previous session. The Federal Reserve raised interest rates by 0.75% on Wednesday.

Benzinga

Twitter-Backed Social Media Platform Also Gets Google Backing In $255M Funding Round

Indian social media app ShareChat, which counts Twitter Inc (NYSE: TWTR) and Snap Inc (NYSE: SNAP) among its investors, recently raised $520 million in a multi-tranche funding round.

Benzinga

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Alibaba Could Suffer Fallout As Top Rival Plans Foray In Food Delivery Service

Beijing-headquartered e-commerce giant JD.com Inc (NASDAQ: JD) is mulling a possible foray into the food delivery business, posing an intense competition for its Chinese peers Meituan (OTC: MPNGF) and Alibaba Group

Benzinga

63 Biggest Movers From Yesterday

Gainers Advent Technologies Holdings, Inc. (NYSE: ADN) shares surged 244% to close at $3.99 on Thursday after the company announced it received notification of euro 782.1 million of funding from the Greek State for the IPCEI Green HiPo project.

Benzinga

Elon Musk Mulls SpaceX-Like Pay Structure For Twitter Staff

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk clarified how Twitter Inc (NYSE: TWTR) employees would receive compensation and benefits after his takeover of the social media

Benzinga

Cathie Wood Adds Tesla For 7th Time This Month With $3.3M Buy

Cathie Wood-led Ark Invest Investment Management added more Tesla Inc (NASDAQ: TSLA) shares to its portfolio on Thursday, raising its exposure to the electric vehicle maker for the seventh time this month.

Benzinga

Apple Supplier To Get Access To World's Most Advanced Chipmaking Tool In 2024: Report

Apple Inc (NASDAQ: AAPL) supplier Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) will get its hands on Netherlands-based ASML Holding NV's (NASDAQ:

Benzinga

Bitcoin, Ethereum, Dogecoin Tumble: Analysts Search For Crypto Bottom As Recession Fears Grip Markets

Bitcoin, Ethereum and other major coins traded sharply lower Thursday evening as the global cryptocurrency market cap fell 8.7% to $886.54 billion.

Benzinga

Google's New AI Is Not Conscious: Firm's AI Engineer Explains Why

Numerous recent reports speculated about Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) natural langua

Benzinga

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Benzinga

What Are Whales Doing With Activision Blizzard

Someone with a lot of money to spend has taken a bearish stance on Activision Blizzard (NASDAQ:ATVI). 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.

Benzinga

LYTUS TECHNOLOGIES HOLDINGS PTV. LTD. Stock Down 14.95% Since IPO

LYTUS TECHNOLOGIES HOLDINGS PTV. LTD. (NASDAQ:LYT) opened up its shares for public trading for the first time since it filed for IPO in April 2021. The company agreed to initially offer 2.61 million shares to the public at a $4.75 per share.

Benzinga

Heart Test Laboratories, Inc. Stock Down 54.67% Since IPO

Heart Test Laboratories, Inc. (NASDAQ:HSCS) opened up its shares for public trading for the first time since it filed for IPO in May 2022. The company agreed to initially offer 1.50 million shares to the public at a $4.25 per share.

Benzinga

$100 Invested In Atlassian Corporation 5 Years Ago Would Be Worth This Much Today

Atlassian Corporation (NASDAQ:TEAM) has outperformed the market over the past 5 years by 28.04% on an annualized basis producing an average annual return of 36.56%. Currently, Atlassian Corporation has a market capitalization of $41.65 billion.

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Benzinga

Analyst Ratings for Alphabet

Analysts have provided the following ratings for Alphabet (NASDAQ:GOOGL) within the last quarter:

Benzinga

A Look At Needham's Top FinTech Picks

After another earnings season and coming off the 17th Annual NTMC, Needham analyst Mayank Tandon received updates from its entire coverage universe in recent weeks.

Benzinga

Credit Suisse Sees Microsoft Azure Narrow Revenue Gap To Amazon Web Services And Widen Gap To Google Cloud, Alibaba Cloud

Credit Suisse expects Microsoft Corp (NASDAQ: MSFT) Azure, as the “enterprise cloud,” to disproportionately benefit from this accelerated shift to the public cloud.

Benzinga

Wendy's Partners With Advertising Platform Tiger Pistol

Wendy's Co (NASDAQ:WEN) has partnered with Tiger Pistol, an advertising platform delivering local activation at scale. Under the partnership, Tiger Pistol will power Wendy's national-to-local social advertising programs. "Tiger Pistol strengthens the level of collaboration between Wendy's, our regional agencies, and our restaurants, enabling high-performing social advertising at the community level," said…

Benzinga

Apple Enters BNPL Sector, Unveils Apple Pay Later

Apple Inc. (NASDAQ: AAPL) is planning to offer buy now, pay later (BNPL) services in the US despite concerns of a potential market squeeze as more providers have a crack at the sector amid growing consumer borrowing and spending.

Benzinga

Mid-Afternoon Market Update: Dow Dips 900 Points; AC Immune Shares Slide

U.S. stocks traded lower toward the end of trading, after the Federal Reserve raised fed funds rates by 0.75% to a new target range of between 1.5% and 1.75% on Wednesday.

Benzinga

'That Made Me Look Closer': Why This Adobe Investor Is Cautious Ahead Of Q2 Earnings

Adobe Inc (NASDAQ: ADBE) is set to announce its quarterly results after the bell Thursday, and one investor sees warning signs ahead of the report.

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