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The Latest Breaking News from Nasdaq

Polestar Goes Public On Nasdaq Via SPAC Merger, Raises $890 Million

Polestar says it will use the $890 million raised from the deal to fund its three-year plan to expand the product lineup and eventually become profitable.

InsideEVs

After Maryland Store Votes To Unionize, Apple Prepares To Negotiate With Workers: Report

Apple, Inc. (NASDAQ: AAPL) Store in Maryland became the first Apple location to unionize, and it now appears that Cupertino might be willing to extend an Olive branch.

Benzinga

Cathie Wood's Ark Is Now Completely Out Of This Entertainment Giant's Stock

Cathie Wood-led Ark Investment Management shed its remaining exposure in Walt Disney Co (NYSE: DIS) on Friday, a stock the firm first started buying in May of last year.

Benzinga

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Johnny Depp's Lawyer Described As 'Wonder Woman' After Helping An Elderly Airline Passenger In Distress

Camille Vasquez, who shot to fame as the attorney who successfully argued the case for Johnny Depp in the defamation lawsuit that he brought against his ex-wife Amber Heard, is once again in the news, this t

Benzinga

Benzinga Bulls And Bears Of The Week: Apple, Tesla, Netflix, Chevron And This Leading Chipmaker

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

Benzinga

Tesla's Giga Shanghai Plant To Shut Down, Ford European Manufacturing Plans, Toyota Stumbles Upon Launch: Week's Top News From EV Industry

The return of risk appetite to the market helped electric vehicle stocks rebound in the week ending June 24. Most stocks, barring some second-rung EV manufacturers, posted strong gains. The gains were led by the Chinese trio as they extended their rally amid an inflection in sentiment toward Chinese stocks in…

Benzinga

Are We In A Recession? Google Searches Hitting Record Level For Financial Term

The S&P 500 recently entered market correction territory with a 20% drop from all-time highs. The new debate is if the U.S. could enter a recession in 2022, or to some if we are already in a recession. Searches for the word recession are hitting huge levels, suggesting people are…

Benzinga

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3 Best Performing REITs On Friday

Most REITs got back on track this week with good upside movement as the stock market took on a more bullish tone in general. There were some real estate investment trusts that really came back with Friday gains that easily outdistanced others in the sector.

Benzinga

If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,200 Today

Activision Blizzard (NASDAQ:ATVI) has outperformed the market over the past 20 years by 9.84% on an annualized basis producing an average annual return of 17.16%. Currently, Activision Blizzard has a market capitalization of $60.94 billion.

Benzinga

The Companies Paying For Abortion Travel: Tesla, Zillow And Many More

The overturning of Roe v. Wade Friday — and resulting end to a half-century of federal abortion rights in the U.S. — is expected to lead to the procedure becoming illegal or restricted in about half of states.

Benzinga

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

ASML Holding (NASDAQ:ASML) has outperformed the market over the past 20 years by 11.07% on an annualized basis producing an average annual return of 18.37%. Currently, ASML Holding has a market capitalization of $205.89 billion.

Benzinga

Marvell Tech Whale Trades For June 24

A whale with a lot of money to spend has taken a noticeably bearish stance on Marvell Tech. Looking at options history for Marvell Tech (NASDAQ:MRVL) we detected 35 strange trades.

Benzinga

$100 Invested In Amgen 15 Years Ago Would Be Worth This Much Today

Amgen (NASDAQ:AMGN) has outperformed the market over the past 15 years by 3.97% on an annualized basis producing an average annual return of 10.41%. Currently, Amgen has a market capitalization of $130.40 billion.

Benzinga

Stocks Rebound From 2022 Lows As Market Digests Fed Chair Powell's Congressional Testimony

The SPDR S&P 500 ETF Trust (NYSE: SPY) bounced back from its recent weakness in a holiday-shortened trading week, with all major indexes trading higher.

Benzinga

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Benzinga

Terran Orbital Installs CAPSTONE Aboard Rocket Lab Electron Rocket

Terran Orbital Corp (NYSE:LLAP) revealed the successful integration of the CAPSTONE spacecraft aboard the Rocket Lab USA, Inc (NASDAQ:RKLB) Rocket Lab Electron rocket. Terran Orbital designed and built satellite is flying a pathfinding mission to the moon in support of NASA's Artemis program. LLAP's team produced CAPSTONE's hardware, assembled and tested the spacecraft, and integrated…

Benzinga

Here's Why American Airlines Stock Looks Ready For Takeoff

American Airlines Group, Inc (NASDAQ: AAL) was flying about 7% higher on Friday, in tandem with the S&P 500, which was surging about 2.4% higher.

Benzinga

Meta's Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase

TikTok parent ByteDance Ltd's gaming foray exudes promise as spending across its mobile titles grew over the past year, according to Sensor Tower. The report highlighted TikTok owner generated $1 billion of player spending across its mobile games as of the year ended June 20, 2022, up 16% year-on-year. ByteDance had set…

Benzinga

Nasdaq Surges 300 Points; USA Truck Shares Spike Higher

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining 300 points on Friday.

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Benzinga

Futu Bull-Bear Debate: Does The Recent Rally In Chinese Stocks Have Legs?

Chinese online brokerage platform Futu Holdings Ltd (NASDAQ: FUTU) is understandably a polarizing topic among analysts and investors.

Benzinga

Is Advanced Micro Devices Headed For Gap Fill Or Will This Bearish Pattern Dominate?

Advanced Micro Devices, Inc. (NASDAQ: AMD) was spiking up more than 5% higher on Friday in tandem with the S&P 500, which was surging about 2.5% higher.

Benzinga

Where Pear Therapeutics Stands With Analysts

Within the last quarter, Pear Therapeutics (NASDAQ:PEAR) has observed the following analyst ratings:

Benzinga

Craig-Hallum Cuts Apogee Enterprises Price Target By ~9%

Craig-Hallum analyst Eric Stine lowered the price target for Apogee Enterprises Inc (NASDAQ:APOG) to $43 (2.7% upside) from $47 while maintaining the Hold rating on the shares. The analyst noted the company had a good start to FY23, with Q1 surpassing expectations. Stine expressed optimism about Apogee's operational progress. Meanwhile, the analyst specified that certain market…

Benzinga

10 Communication Services Stocks Whale Activity 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.

Benzinga

10 Information Technology Stocks With Whale Alerts In Today's Session

Benzinga

Looking At Activision Blizzard's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Activision Blizzard (NASDAQ:ATVI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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