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The Latest Breaking News from Nasdaq

Tesla Price Hikes, Lay-Offs, Rising EV Lead Times: How Does It All Connect In A 'Tough June Quarter?'

Tesla, Inc. (NASDAQ: TSLA) recently announced another round of price hikes for its electric vehicles. This comes against the backdrop of a "tough June quarter" call from CEO Elon Musk.

Benzinga Before The Bell: Tesla's Cybertruck Update, Twitter's New Feature, Netflix's Ad-Tier And Other Top Financial Stories Thursday, June 23

Benzinga Before The Bell: Tesla's Cybertruck Update, Twitter's New Feature, Netflix's Ad-Tier And Other Top Financial Stories Thursday, June 23

CNBC Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities

Xenon's Epilepsy Candidate Rapidly Reduces Focal Onset Seizure Frequency

Xenon's Epilepsy Candidate Rapidly Reduces Focal Onset Seizure Frequency

Xenon Pharmaceuticals Inc (NASDAQ:XENE) announced new efficacy data supporting the Phase 3 development of XEN1101. XEN1101 rapidly reduced focal onset seizure frequency within one week for all doses compared with placebo. At Week 1, the median percent reduction in monthly focal onset seizure frequency was 55.4% in the 25 mg group, 41.5% (20…

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Tesla Supplier CATL Becomes First Non-Korean Firm To Ship EV Batteries To Kia

Tesla Inc (NASDAQ: TSLA) China supplier CATL has shipped electric vehicle batteries to South Korea’s Kia Corp, a subsidiary of Hyundai Motor Company, Reuters

Aurora Cannabis Announces More Layoffs, Here's Why

Aurora Cannabis Inc. (NASDAQ: ACB) continues to trim its workforce as it seeks to achieve profitability.

EXCLUSIVE: Smart for Life Accelerates Manufacturing Of Milk Dust Lactation Products Amid Baby Formula Shortage

Smart for Life Inc's (NASDAQ: SMFL) Doctors Scientific Organica division has accelerated production of Milk Dust to increase milk supply, nourish the postpartum body, and help combat sugar cravings.

Leisuretown: Diplo And Rob Dyrdek's New Cannabis Seltzers Launch In California Via Agreement With HERBL

Thomas Wesley Pentz, better known for his artistic name, Diplo, partnered with California cannabis beverage company Leisuretown, professional skateboarder Rob Dyrdek and cannabis supply chain company HERBL, to launch a new line of cannabis drinks under the Leisuretown brand name.

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Recap: Redhill Biopharma Q1 Earnings

Recap: Redhill Biopharma Q1 Earnings

Redhill Biopharma (NASDAQ:RDHL) reported its Q1 earnings results on Thursday, June 23, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Redhill Biopharma reported an EPS of $0.03.

Apogee Enterprises: Q1 Earnings Insights

Apogee Enterprises: Q1 Earnings Insights

Apogee Enterprises (NASDAQ:APOG) reported its Q1 earnings results on Thursday, June 23, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Meta Abruptly Ends Sponsorship Of US Event Struck With Controversy

Meta Abruptly Ends Sponsorship Of US Event Struck With Controversy

Meta Platforms, Inc (NASDAQ:META) terminated its sponsorship agreement with the organization planning the federal government’s commemoration of the 250th anniversary of the U.S., the Wall Street Journal reports. Meta did not disclose the reasons for the pullout. Internal battle and a discrimination lawsuit filed by ex-female executives plagued the project, WSJ wrote.…

10 Biggest Price Target Changes For Thursday: Alcoa, Travelers And More

10 Biggest Price Target Changes For Thursday: Alcoa, Travelers And More

Morgan Stanley cut Westinghouse Air Brake Technologies Corporation (NYSE: WAB) price target from $113 to $94. Westinghouse Air Brake Technologies shares fell 1.7% to $82.36 in pre-market trading.

Netflix Flirts With NBCUniversal, Google To Beat Subscriber Slowdown

Netflix Flirts With NBCUniversal, Google To Beat Subscriber Slowdown

Comcast Corp's (NASDAQ: CMCSA) NBCUniversal and Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google emerged as top conten

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

American Airlines Group Inc (NASDAQ:AAL) plans to discontinue service to four U.S. cities from September. The cities will lose scheduled commercial air service entirely, reported CNBC. AAL blamed the service restrictions on a regional pilot shortage. The report further noted American Airlines, United Airlines Holdings Inc (NASDAQ:UAL), and Delta Air Lines, Inc (NYSE:DAL) have reduced service…

Rockwell Medical Receives Additional FDA Feedback On Anemia Candidate

Rockwell Medical Receives Additional FDA Feedback On Anemia Candidate

Last week, Rockwell Medical Inc (NASDAQ:RMTI) closed the second $7.5 million tranche of the previously announced DaVita Inc (NYSE:DVA) stock purchase agreement of up to $15 million in convertible preferred stock in two tranches. This investment, in addition to the recently announced $15 million financings, brings the total gross amount raised by Rockwell this quarter to $30 million. …

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Tesla Said To Be Planning 2-Week Halt At Giga Shanghai In July

Tesla Inc (NASDAQ: TSLA) plans to halt most of its production at Giga Shanghai in the first two weeks of July to upgrade the site, Reuters reported on Wednesday, citing an internal memo.

Tesla Bull Cuts Price Target On EV Maker: Here's Why

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk sounded out a tough June quarter and this does not come as a

Here's Why Alibaba Shares Are Trading Higher Premarket

Alibaba Group Holding Limited (NYSE:BABA) founder Jack Ma's Ant Group Co is likely to apply for a critical financial license by June, Bloomberg reports. The move signals the fintech giant is getting closer to satisfying China's financial regulators, who quashed its listing ambitions in 2020. It followed a broader crackdown that erased over $1 trillion in…

Rivian R1 EVs Will Be Powered By Giant Turbine For 1st Charge

Rivian Automotive Inc (NASDAQ: RIVN) said on Wednesday it plans to install a large-scale wind turbine at its Normal, Illinois, manufacturing campus that will power its R1 vehicles for their first charge.

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22 Stocks Moving in Thursday's Pre-Market Session

Gainers WISeKey International Holding AG (NASDAQ: WKEY) rose 74.4% to $2.32 in pre-market trading. WISeKey International recently issued 2022 first-half revenue guidance for its IoT segment.

Red Robin Gourmet Burgers CEO To Retire At 2022-End

Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) said Paul Murphy, President and Chief Executive Officer, has informed the Board of his intent to retire at the end of 2022. Murphy will be assisting the Board in their search to identify a successor. He will also remain as a special advisor until March 31, 2023,…

US Stock Futures Mixed Ahead Of Jobless Claims, Powell Testimony

Pre-open movers

Earnings Scheduled For June 23, 2022

Companies Reporting Before The Bell • Jerash Holdings (US) (NASDAQ:JRSH) is projected to report quarterly earnings at $0.07 per share on revenue of $30.14 million.

76 Biggest Movers From Yesterday: Ocean Bio-Chem, Athira Pharma And More

Gainers Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares climbed 117.2% to close at $12.86 on Wednesday after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.

Twitter Launching This New Feature Is 'Most Significant Update' In 5 Years, Says Analyst

Twitter, Inc. (NYSE: TWTR) is testing a new feature called Notes to allow lengthier tweets.

Coinbase Phasing Out 'Pro' Exchange: What You Need To Know

Major cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) plans to phase out Coinbase Pro, its trading platform targeted at more advanced traders. What Happened: Coinbase said it plans to wind down its Pro service by the end of the year.

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