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The Latest Breaking News from Nasdaq

Q1 Miss, FY22 Outlook Cut, CFO Departure: Lots Going On With Ollie's Bargain Outlet

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) reported a first-quarter FY22 sales decline of 10.1% year-on-year to $406.67 million, missing the consensus of $417.24 million. Comparable store sales decreased 17.3% in Q1 versus an 18.8% increase last year. Gross profit fell 22.6% Y/Y to $141.3 million, with the margin contracting 560 basis points to…

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Expert Ratings for Plug Power

Plug Power (NASDAQ:PLUG) has observed the following analyst ratings within the last quarter:

Benzinga

What 7 Analyst Ratings Have To Say About The RealReal

Analysts have provided the following ratings for The RealReal (NASDAQ:REAL) within the last quarter:

Benzinga

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Amazon To Cease Gig Economy Delivery Service In Second Largest Market

Amazon.com Inc (NASDAQ: AMZN) looks to shut down its gig economy delivery service in Germany, its second-largest market after the U.S., for undisclosed reasons,

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Moderna's Updated COVID-19 Shot Boosts Omicron Protection

Moderna Inc (NASDAQ: MRNA) has

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The Daily Biotech Pulse: FDA Adcomm Backing For Novavax's COVID-19 Shot, New Data On Moderna's Omicron Vaccine, DBV Tech's Encouraging Peanut Allergy Trial Data

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

Benzinga

Why Cyren Stock Is Soaring Today

CYREN Ltd (NASDAQ: CYRN) shares are trading higher Wednesday after the company entered into an agreement with Content Services Group to sell all equity interests in its legacy secure email gateway business.

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Why Lovesac Shares Are Plunging Today

Lovesac Co (NASDAQ:LOVE) reported first-quarter FY23 sales growth of 56% year-on-year to $129.4 million, beating the consensus of $115.02 million. Comparable sales grew 42.2%. The gross profit rose 43.5% Y/Y to $66.1 million, with the margin contracting 450 basis points to 51.1%. The operating expenses climbed 44.8% Y/Y to $63.5 million. The operating…

Benzinga

EXCLUSIVE: Top 100 Insurer In Pact With SOBRsafe For Sponsored Customer Pilots

SOBR Safe Inc (NASDAQ: SOBR) has signed an agreement with a Top 100 Property & Casualty insurance company to conduct two pilot tests with last-mile fleet customers, as paid for by the insurer.

Benzinga

Amazon Calls For Support From Third-Party Sellers Against Antitrust Legislation

Amazon.com, Inc (NASDAQ: AMZN) is urging its third-party sellers to oppose an antitrust bill, which it says could “jeopardize” the company’s ability to operate its service.

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Is Tesla Warming To Radar Once Again?

Tesla, Inc. (NASDAQ: TSLA), which has shunned radar and instead pledged allegiance to camera vision, is seemingly rethinking its strategy.

Benzinga

Why DocuSign Stock Is Rising Today

DocuSign Inc (NASDAQ: DOCU) shares are trading higher Wednesday after the company announced an expanded partnership with Microsoft Corp (NASDAQ: MSFT).

Benzinga

Kingsoft Cloud Tops Q1 Aided By Growth In Gross Billings From Core Cloud Services; Issues Cautious Outlook

Kingsoft Cloud Holdings Limited (NASDAQ:KC) reported first-quarter FY22 revenue growth of 19.9% year-on-year to $342.9 million, beating the consensus of $312.2 million. Revenues from public cloud services remained stable Y/Y at $217.8 million, and enterprise cloud services increased 88.7% Y/Y to $125 million. EPS loss was $(0.02) or RMB(0.15) versus EPS of RMB0.11…

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Morning Brief: Top Financial Stories Dominating on Wednesday, June 8

CNBC

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CNBC's Final Trades: Starbucks, Johnson & Johnson, Union Pacific And This Way To Gain Exposure To Gold

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Starbucks Corporation’s (NASDAQ: SBUX) U.S.

Benzinga

Executives Sell More Than $61M Of 4 Stocks

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

You Could Soon Get A Cheaper Chromecast From Google

A new device, illustrated in a Federal Communications Commission filing, by Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) could be a cheaper version of Chromecast.

Benzinga

Walmart Expands Transportation Partnerships To Reduce Emissions

Walmart Inc (NYSE:WMT) said it is transforming its transportation fleet through collaborations with manufacturers of three different fuel types – renewable natural gas, hydrogen, and electric. The retail giant will partner with Cummins Inc (NYSE:CMI) and will receive new 15-liter Natural Gas Engines and add them to a few of its trucks. It has also…

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Kingsoft Cloud: Q1 Earnings Insights

Kingsoft Cloud Holdings (NASDAQ:KC) reported its Q1 earnings results on Wednesday, June 8, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Benzinga

Lovesac: Q1 Earnings Insights

Lovesac (NASDAQ:LOVE) reported its Q1 earnings results on Wednesday, June 8, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Lovesac reported an EPS of $0.12.

Benzinga

Apple, Tesla Supplier TSMC Forecasts Strong 2022 Growth

Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM), which supplies chips to the likes of Apple, Inc. (NASDAQ: AAPL) and Tesla, Inc.

Benzinga

DBV Technologies Shares Jump On Positive Data From Peanut Allergy Trial In Toddlers

DBV Technologies SA's (NASDAQ:DBVT) pivotal Phase 3 EPITOPE trial of Viaskin Peanut 250 µg for peanut-allergic toddlers ages 1 to 3 years met its primary endpoint. Viaskin Peanut demonstrated a statistically significant treatment effect, with 67.0% of subjects in the Viaskin Peanut arm meeting the treatment responder criteria after 12 months, compared…

Benzinga

Read What It Will Take For Alibaba's Most Accurate Analyst To Reverse His Sell Recommendation

DZ Bank AG's Manuel Muehl remained adamant on his sell recommendation on Chinese stocks, including Alibaba Group Holding Ltd (NYSE: BABA), amid hints toward possible ease in the regulatory crackdown.

Benzinga

Western Digital Weighed Strategic Alternatives Including Business Split

Western Digital Corp (NASDAQ:WDC) had weighed strategic alternatives, including splitting its businesses focused on traditional hard drives for computers and flash memory. Western Digital settled with activist investor Elliott Management Corp calling for the $19 billion company to consider splitting into two, the Wall Street Journal reports. Previously Elliott disclosed a 6% stake in Western…

Benzinga

Elon Musk Says SpaceX's Starlink Unlikely To Go Public Until This Happens

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned SpaceX’s high speed, satellite-based internet service Starlink is not likely to go public until 2025 or later, CNBC

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