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The Latest Breaking News from Nasdaq

Why Microsoft Stock Is Moving Lower Today

Microsoft Corp (NASDAQ: MSFT) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

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5 Short Squeeze Candidates To Watch This Week: TherapeuticsMD Tops List While This Arts And Crafts Retailer Joins The Leaderboard

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.

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Looking Into Xenon Pharmaceuticals's Return On Capital Employed

According to Benzinga Pro data, during Q1, Xenon Pharmaceuticals (NASDAQ:XENE) posted sales of $8.77 million. Earnings were up 23.06%, but Xenon Pharmaceuticals still reported an overall loss of $19.67 million.

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InnovAge Holding Earnings Perspective: Return On Invested Capital

Benzinga Pro data, InnovAge Holding (NASDAQ:INNV) reported Q3 sales of $177.36 million. Earnings fell to a loss of $3.16 million, resulting in a 385.53% decrease from last quarter.

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Hydrofarm Holdings Group's Return on Invested Capital Insights

Benzinga Pro data, Hydrofarm Holdings Group (NASDAQ:HYFM) reported Q1 sales of $111.38 million. Earnings fell to a loss of $23.30 million, resulting in a 110.9% decrease from last quarter.

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Why Nvidia Stock Is Falling

NVIDIA Corp (NASDAQ: NVDA) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

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Why Apple Shares Are Sliding

Apple Inc (NASDAQ: AAPL) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

Benzinga

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RBC Upgrades Tesla: EV Competition 'Doesn't Overly Concern Us'

Tesla Inc (NASDAQ: TSLA) shares dropped 3.3% on Monday despite the company landing an upgrade on Wall Street. The Analyst: RBC Capital Markets analyst Joseph Spak upgraded Tesla from Sector Perform to Outperform and cut his price target from $1,175 to $1,100.

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Endo Inks US Pact For Osteoarthritis Pain Injectable

TLC BioSciences has entered a commercialization agreement with Endo International plc (NASDAQ:ENDP) for the U.S. rights of TLC599, a proprietary BioSeizer sustained-release injectable in Phase 3 development for osteoarthritis pain. Under the agreement signed with Endo's subsidiary Endo Ventures Limited (EVL), TLC will primarily be responsible for developing the product, and EVL for obtaining regulatory…

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Gracell Reveals Encouraging Data From Pretreated Multiple Myeloma Patients

Gracell Biotechnologies Inc (NASDAQ:GRCL) announced the updated clinical data on GC012F, an autologous CAR-T therapeutic candidate dual-targeting B-cell maturation antigen (BCMA) and CD19, for relapsed/refractory multiple myeloma (RRMM). From October 2019 to January 2022, 29 heavily pretreated patients were enrolled and treated with a single infusion of GC012F at three dose levels (DL).…

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Why Shares Of Astra Space Are Trading Lower

Astra Space, Inc. (NASDAQ: ASTR) shares are trading lower after the company failed to deliver NASA payloads to orbit.

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Mid-Morning Market Update: Markets Open Lower; Dow Drops 600 Points

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 600 points on Monday.

Benzinga

Here's The Bull, Bear Case For Microsoft Stock As Recession Fears Grip The Tech Sector

Microsoft Corporation (NASDAQ: MSFT) was trading about 2.5% lower in the premarket on Monday, in sympathy with the futures market, which was declining about 2.4%.

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Why Electric Last Mile Solutions Stock Is Plunging

Electric Last Mile Solutions Inc (NASDAQ: ELMS) shares are trading significantly lower Monday after the company announced that it plans to file for bankruptcy.

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Here's How Amazon Aims To Evade EU's Hefty Antitrust Penalties

Amazon.com, Inc (NASDAQ: AMZN) looks to share marketplace data with sellers and boost the visibility of rival products on its platform, Reuters reports.

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Electro-Sensors Shares Pop On Its Merger With Mobile X Global

Industrial monitoring systems firm Electro-Sensors, Inc (NASDAQ:ELSE) and Mobile X Global, Inc, a connectivity-as-a-service company, agreed to merge and re-name the combined company Mobile X Global, Inc. Mobile X Global, Inc will launch Mobile X, a new wireless brand positioned to disrupt the wireless industry. Shares of the company will likely trade on the…

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Why This Qualcomm Analyst Is Raising Their Price Target For The Chipmaker

Qualcomm, Inc. (NASDAQ: QCOM) shares have shed close to 27% year-to-date amid a broader market sell-off led by tech stocks. An analyst at KeyBanc Capital Markets is bracing up for more upside in the stock over the next 12 months.

Benzinga

GlobalFoundries-STMicro Discuss Partnering For Chip Plant In France

GlobalFoundries Inc (NASDAQ:GFS) and STMicroelectronics N.V. (NYSE:STM) are amid discussions to build a semiconductor factory in France with the help of government funds, Bloomberg reports. The European Commission looks to produce 20% of the world’s chips by 2030. The European Union executive arm proposed the 43 billion euro ($45.3 billion) Chips Act earlier to…

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5 Analysts Have This to Say About First Solar

Analysts have provided the following ratings for First Solar (NASDAQ:FSLR) within the last quarter:

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5 Analysts Have This to Say About TG Therapeutics

Analysts have provided the following ratings for TG Therapeutics (NASDAQ:TGTX) within the last quarter:

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4 Analysts Have This to Say About Fulcrum Therapeutics

Within the last quarter, Fulcrum Therapeutics (NASDAQ:FULC) has observed the following analyst ratings:

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Why Lensar Shares Are Trading Higher Today

The FDA granted 510(k) clearance to Lensar Inc's (NASDAQ:LNSR) next-generation ALLY Adaptive Cataract Treatment System (ALLY System). ALLY is the first FDA-cleared platform to enable cataract surgeons to complete the femtosecond-laser-assisted cataract surgery (FLACS) procedure seamlessly in a single, sterile environment. The company plans to deliver the first ALLY Systems to surgeons in Q3…

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Why Hillstream BioPharma Shares Are Trading Higher Today?

Hillstream BioPharma Inc (NASDAQ:HILS) shares are trading higher after it authorized a share repurchase program to acquire up to $1 million in common stock. As of March 31, Hillstream had approximately $11.1 million in cash and 11.4 million shares of common stock. "We have demonstrated strong execution and, as a result, have seen significant advancement…

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What's Next For NRx Pharma As FDA Denies Breakthrough Therapy Tag For COVID-19 Therapy

The FDA has denied NRx Pharmaceuticals Inc's (NASDAQ:NRXP) Breakthrough Therapy designation (BTD) request for Zyesami (aviptadil). The request for BTD was submitted based on a post-hoc subgroup analysis of patients who, in addition to aviptadil or placebo, were also treated with Gilead Sciences Inc's (NASDAQ: GILD) remdesivir and whose respiratory failure due to critical COVID-19 continued…

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Analyst Ratings for CRISPR Therapeutics

CRISPR Therapeutics (NASDAQ:CRSP) has observed the following analyst ratings within the last quarter:

1 … 367 368 369 370

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