The Latest Breaking News from Nasdaq

A leading streaming company is cutting more employees after posting a net loss of subscribers in the first quarter. Here are the details.

Citi analyst Ronald Josey revisited Amazon.com Inc's (NASDAQ:AMZN), naming veteran executive Doug Herrington as CEO of Worldwide Amazon Stores (renamed from Worldwide Consumer) and promoting John Felton as its new head of Operations.  Given this announcement comes ~2 weeks post Dave Clark's resignation, Josey expected minimal disruption to store operations. While Josey recognized the challenges…

Rosenblatt analyst Kevin Cassidy noted that Inceptio Technology, an autonomous driving truck technology, and operation company, selected Ambarella, Inc's (NASDAQ:AMBA) edge AI system-on-chip to deliver Level 3 automated driving. Ambarella's AI SoC included surround camera and front ADAS perception with AI compute using two of Ambarella's CV2FS and CV2AQ SoCs. Inceptio confirmed that their…

Zscaler, Inc (NASDAQ: ZS) held its primary tradeshow event in Las Vegas, including numerous breakouts on product and technology, keynotes from management, customers, and partners, and an analyst breakout session with management. 

Tesla, Inc (NASDAQ:TSLA) supplier Contemporary Amperex Technology Co Ltd launched an electric-car battery with a range of over 1,000 kilometers (620 miles) on a single charge. CATL claimed that the battery was 13% more potent than Tesla's 4680 battery to be made by Panasonic Holdings Corp (OTC:PCRFY), the Bloomberg reports. The Qilin battery has an energy density…

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Thursday.

Netflix Inc (NASDAQ: NFLX) shares have been crushed since the start of the year, trading down by more than 70% year-to-date, but one investor says the stock may be better positioned than the market seems to think.

NV5 Global Inc (NASDAQ:NVEE) has secured $5 million contracts to provide environmental consulting services. A large public school district in Southern California selected NV5 for two contracts totaling ~$3 million to provide asbestos and lead consulting. Both contracts are three-year awards with options for two one-year renewals. The New Mexico Department of Game…

Last week, Addex Therapeutics Ltd (NASDAQ:ADXN) terminated the Phase 2b/3 study evaluating dipraglurant as a potential treatment for dyskinesia associated with Parkinson's disease (PD-LID) due to the slow rate of patient recruitment.  Addex is suspending its financial guidance. Hence HC Wainwright downgraded its rating to Neutral from Buy without a price target, as dipraglurant…

Tesla Inc (NASDAQ: TSLA) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report."

Analysts have provided the following ratings for MKS Instruments (NASDAQ:MKSI) within the last quarter: