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The Latest Breaking News from Nasdaq

5 Stocks To Watch For June 11, 2022

Some of the stocks that may grab investor focus today are:

Benzinga

Elon Musk Can't Stop Loving This Drink: 'Don't Care If It Lowers My Life Expectancy'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday professed his love for Coca-Cola Co’s (NYSE: KO) sugar-free carbonated drink Diet Coke.

Benzinga

Fidelity CEO Says Bear Market Is The Time To Go 'Extra Hard' Into Crypto

Fidelity Investments CEO and Chairman Abigail Johnson is unfazed by the downturn in the cryptocurrency market, reported CoinDesk on Thursday.

Benzinga

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Apple Retail Chain Once Owned By GameStop To Shut Down

Apple Inc (NASDAQ: AAPL) authorized retailer and service provider Simply Mac is reportedly ending operations and letting go of all its employees.

Benzinga

Bitcoin, Ethereum, Dogecoin Fall: Volatile Market Frays Investor Nerves Ahead Of Inflation Data

Bitcoin and Ethereum traded in the red on Thursday evening, as the global cryptocurrency market cap remained nearly flat at $1.2 trillion at press time.

Benzinga

Twitter Will Soon Alert You About New Product Drops: How It Works

Twitter Inc (NYSE: TWTR) says it is launching a new feature that will send notifications when sellers drop new products. What Happened: “Product Drops” was announced by the Jack Dorsey-founded company in a blog post on Wednesday.

Benzinga

Cathie Wood Adds $2.3M More Of This Gaming Stock On The Dip

Cathie Wood-led Ark Investment Management on Thursday raised its exposure in Roblox Corp (NYSE: RBLX) stock on the dip.

Benzinga

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JetBlue Now Flying Nonstop To Vancouver, Its First Canadian Destination

JetBlue Airways Corporation (NASDAQ: JBLU) is now flying nonstop from New York’s John F. Kennedy International Airport (JFK) to Vancouver International Airport (YVR), with the first flight arriving in British Columbia tonight.

Benzinga

Here's Why More Pain Looks Likely For Tilray Bulls

Tilray Inc (NASDAQ: TLRY) slipped to a new 52-week low on Thursday as the stock continued in a consistent 16-month downtrend that began in February 2021.

Benzinga

If You Invested $100 In This Stock 10 Years Ago, You Would Have $700 Today

Charter Communications (NASDAQ:CHTR) has outperformed the market over the past 10 years by 9.22% on an annualized basis producing an average annual return of 20.98%. Currently, Charter Communications has a market capitalization of $80.95 billion.

Benzinga

Looking At Zoom Video Comms's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Zoom Video Comms. Looking at options history for Zoom Video Comms (NASDAQ:ZM) we detected 44 strange trades.

Benzinga

Here's How Much $100 Invested In Cadence Design Sys 5 Years Ago Would Be Worth Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 24.85% on an annualized basis producing an average annual return of 35.27%. Currently, Cadence Design Sys has a market capitalization of $42.97 billion.

Benzinga

Comtech Telecomm Shares Crash After Q3 Results - Read To Know Details

Comtech Telecomm. Corp. (NASDAQ:CMTL) reported a third-quarter sales decline of 12.4% year-over-year to $122.1 million, missing the consensus of $122.44 million. The gross margin expanded 12 bps to 38.2%. The company recorded an operating loss of $(566) thousand, compared to an income of $2.35 million a year ago. Adjusted EPS was $(0.06),…

Benzinga

Why Stitch Fix Shares Are Sliding After Q3 Results?

Stitch Fix Inc (NASDAQ:SFIX) reported a third-quarter revenue decline of 8% year-over-year to $492.9 million, missing the consensus of $493.26 million. Q3 Active clients stood at 3,907,000, a decrease of 5% Y/Y. Net revenue per active client (RPAC) increased 15% Y/Y to $553. The gross margin declined 338 bps to 42.6%. The…

Benzinga

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Benzinga

TAT Technologies Bags New Contract With Estimated $50M Revenue Contribution

TAT Technologies Ltd. (NASDAQ:TATT) has secured a significant new contract from a large global airline to provide Repair, Maintenance and Overhaul (MRO) services to the airline's Auxiliary Power Units (APU). The contract is exclusive for 5 years, during which Piedmont, TAT's North Carolina subsidiary, will maintain all of the airline's APUs of a…

Benzinga

Analyst Ratings for AGNC Investment

Within the last quarter, AGNC Investment (NASDAQ:AGNC) has observed the following analyst ratings:

Benzinga

$100 Invested In Biogen 20 Years Ago Would Be Worth This Much Today

Biogen (NASDAQ:BIIB) has outperformed the market over the past 20 years by 2.47% on an annualized basis producing an average annual return of 9.5%. Currently, Biogen has a market capitalization of $30.05 billion.

Benzinga

What 4 Analyst Ratings Have To Say About Wintrust Finl

Wintrust Finl (NASDAQ:WTFC) has observed the following analyst ratings within the last quarter:

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Benzinga

How Is The Market Feeling About Activision Blizzard?

Activision Blizzard's (NASDAQ:ATVI) short percent of float has fallen 6.93% since its last report. The company recently reported that it has 18.67 million shares sold short, which is 2.55% of all regular shares that are available for trading.

Benzinga

Two Psychedelics Drug Development Companies Work To Produce Novel Plant-Based Compounds For Mental Health Disorders

Filament Health Corp. (OTCQB: FLHLF) and Jaguar Health, Inc. (NASDAQ: JAGX) have signed a letter of intent for a collaboration agreement.

Benzinga

Truist Turns Bullish On Shoals Technologies - Read Why

Truist Securities analyst Bronson Fleig upgraded Shoals Technologies Group Inc (NASDAQ:SHLS) to Buy from Hold and raised the price target to $25 (an upside of 33%) from $16. The analyst specified that the two-year tariff exemption on solar imports from countries providing critical U.S. supply provides much improved near-term visibility for the company's core solar…

Benzinga

Here's Why Needham Is Bullish On This Pet Retailer

Needham analyst Anna Andreeva said she does not see any trade down in Petco Health And Wellness Company Inc (NASDAQ: WOOF) as it continues to pass through inflation successfully.

Benzinga

Mid-Afternoon Market Update: Skillsoft Falls After Q1 Results; Applied UV Shares Spike Higher

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 1% on Thursday.

Benzinga

Franchise Group To Avail Loan From Apollo For Kohl's Buyout: New York Post

Franchise Group Inc (NASDAQ:FRG) is considering taking more than $2 billion in loan from Apollo Global Management, Inc. (NYSE:APO) to acquire Kohl’s Corp (NYSE:KSS), New York Post reported. Kohl’s board recently confirmed negotiations with Franchise Group over a $60 per share bid. The report noted Apollo is considering lending money to fund the buyout at less than three…

Benzinga

NHTSA Expands Probe Of Tesla Crashes Involving Emergency Vehicles

The National Highway Traffic Safety Administration published a notice Thursday announcing the expansion into its ongoing investigation regarding crashes involving Tesla (NASDAQ: TSLA) electric vehicles and s

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