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The Latest Breaking News from Nasdaq

Jim Cramer's 5 Takeaways From His Meeting About The Metaverse With Meta Platform's Mark Zuckerberg

The newly formed metaverse, according to Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg, could be home to billions of users. What Happened: Zuckerberg met with CNBC's Jim Cramer to discuss this.

Rocket Lab Stock Gains On NASA's CAPSTONE Mission Launch Preparations

Rocket Lab Stock Gains On NASA's CAPSTONE Mission Launch Preparations

Rocket Lab USA Inc (NASDAQ:RKLB) is preparing to launch a microwave oven-sized CubeSat dubbed CAPSTONE to a never-before-flown orbit around the Moon for NASA as soon as June 27th. The launch will take place from Rocket Lab Launch Complex 1 on New Zealand’s Mahia Peninsula. The Cislunar Autonomous Positioning System Technology Operations and…

CalAmp Shares Slide After Q1 Results Miss Estimates, Revenue Dips ~19%

CalAmp Shares Slide After Q1 Results Miss Estimates, Revenue Dips ~19%

CalAmp Corp. (NASDAQ:CAMP) reported a first-quarter revenue decline of 18.8% year-over-year to $64.73 million, missing the consensus of $69.43 million. Adjusted EPS was $(0.10), missing the consensus of $(0.03). Software and Subscription Services (S&SS) revenue was $39.6 million, compared to $35 million in the same quarter a year ago. Total S&SS subscribers…

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What's Going On With Smith & Wesson Brands Stock After Hours?

Smith & Wesson Brands Inc (NASDAQ: SWBI) shares are flat in Thursday's after-hours session. Although the company announced better-than-expected financial results, moderate demand for firearms led to lower revenue year-over-year.

Netflix Cuts 300 From Workforce, Continuing 2022 Layoffs After Subscriber Loss: What Investors Should Know

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

Citi's Key Takeaways On Amazon's Recent Management Reshuffle

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 Re-Rates Ambarella Following Its Extended Relationship With This Autonomous Driving Truck Technology Company

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…

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Here's Why Analysts Deem Zscaler Well-Positioned For Growth

Here's Why Analysts Deem Zscaler Well-Positioned For Growth

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 Supplier Challenges EV Maker's Powerful Battery With Latest Launch

Tesla Supplier Challenges EV Maker's Powerful Battery With Latest Launch

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…

Nasdaq Jumps Over 100 Points; Applied Therapeutics Shares Plummet

Nasdaq Jumps Over 100 Points; Applied Therapeutics Shares Plummet

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

Is Netflix Stock Inflation-Resistant? Why Josh Brown Says 'A Lot Of The Risk Has Come Out'

Is Netflix Stock Inflation-Resistant? Why Josh Brown Says 'A Lot Of The Risk Has Come Out'

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 Secures $5M In Environmental Consulting Projects

NV5 Secures $5M In Environmental Consulting Projects

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…

Why Did HC Wainwright Downgrade Addex Therapeutics

Why Did HC Wainwright Downgrade Addex Therapeutics

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…

This Investor Is Confident In Tesla Stock After Morgan Stanley Trims Q2 Estimates: Here's Why

This Investor Is Confident In Tesla Stock After Morgan Stanley Trims Q2 Estimates: Here's Why

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

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Where MKS Instruments Stands With Analysts

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

Stocks Sniffing A Bear Market Rally

Summary & Key Takeaways

Why Shares Of Smart For Life Are Trading Higher Today

Shares of small-cap penny stock Smart For Life (NASDAQ: SMFL) shares are trading higher after the company announced it will be ramping up manufacturing of Milk Dust lactation products amid the baby formula shortage.

Raymond James Upgrades Frontier Group - Read Why

Raymond James analyst Savanthi Syth upgraded Frontier Group Holdings Inc (NASDAQ:ULCC) to Outperform from Market Perform while maintaining the same price target of $14 (an upside of 45%). The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity…

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10 Communication Services Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Vicinity Motor Bags Orders For Electric Buses

Vicinity Motor Corp (NASDAQ:VEV) has received orders for six Vicinity Lightning electric buses from Nieuport Aviation and shuttle bus service provider TOK Group. The move is a part of initiatives Nieuport Aviation is taking to reduce its environmental impact as part of its sustainability plan. The buses will replace the current diesel-powered shuttle…

Where Scholar Rock Holding Stands With Analysts

Scholar Rock Holding (NASDAQ:SRRK) has observed the following analyst ratings within the last quarter:

Why Booking Holdings Shares Are Trading Lower

Booking Holdings Inc (NASDAQ: BKNG) shares are trading lower Thursday after Morgan Stanley cut its price target on the stock.

Blade Agrees To Provide Helicopter Airport Transfers To JetBlue's TrueBlue Members

Blade Air Mobility Inc (NASDAQ:BLDE) has established an agreement to integrate its Airport service into JetBlue Airways Corp's (NASDAQ:JBLU) TrueBlue loyalty program through 2023. Blade will be adding an additional route of continuous daily service between BLADE Lounge East, located at East 34th Street in Manhattan, and John F. Kennedy International Airport (JFK) starting June…

RedHill Biopharma Shares Trading Higher On Improved Q1 Profitability

RedHill Biopharma Ltd (NASDAQ:RDHL) plans announced a cost reduction plan expected to generate operational cost savings of approximately $50 million over the next 18 months. Most of these savings result from an approximately one-third reduction of the U.S. commercial team workforce, streamlined operational expenditure, including SG&A expenses, and refining the company's R&D…

Housing Beat: Mortgage Rates Spike As Median Rental Housing Prices Break Records

This week in the housing and mortgage industries saw the continued rise of mortgage rates, the continued slump in existing home sales and rental housing costs reaching record-breaking highs.

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