The Latest Breaking News from Nasdaq

GAINERS: Intelgenx Technologies (OTC:IGXT) shares closed up 1.37% at $0.27 LOSERS:

GAINERS: MGC Pharmaceuticals (OTC:MGCLF) shares closed up 28.38% at $0.02

Sonos Inc (NASDAQ: SONO) shares are trading higher in Wednesday's after-hours session after the company announced 

Amdocs (NASDAQ:DOX) reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Amdocs beat estimated earnings by 30.51%, reporting an EPS of $1.54 versus an estimate of $1.18.

Sonos (NASDAQ:SONO) reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Sonos beat estimated earnings by 271.43%, reporting an EPS of $0.26 versus an estimate of $0.07.

Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) looks to bid for the broadcast rights of the Indian Premier League, Bloomberg reports.  Google's interest in India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest, trailing only the Premier League and the National Football League in terms…

Activists have warned against Zoom Video Communications, Inc's (NASDAQ:ZM) analyzing emotion and engagement feature of triggering bias and violating personal privacy, Bloomberg reports. Zoom introduced Zoom IQ, a post-call analysis of speaker sentiment powered by artificial intelligence for salespeople. Zoom IQ offered metrics like engagement or patience to improve future communication and deal-making.…

ICU Medical Inc (NASDAQ:ICUI) reported Q1 sales of $543.1 million vs. Raymond James' estimate of $530 million.  Core ICU beat by $7 million, while newly acquired Smiths Medical missed by $5 million.  With an Outperform rating, the analysts lowered the price target from $265 to $235. Adjusted EPS was $1.82, down from Raymond James' estimate…

U.S. indices finished Wednesday's trading session lower. Markets were highly volatile following the April CPI report, which showed worse-than-expected inflation. The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist estimates of 8.1%. Prior to 2022, the CPI hadn't risen 8.3% in any month since…

Within the last quarter, Western Digital (NASDAQ:WDC) has observed the following analyst ratings:

Within the last quarter, Lordstown Motors (NASDAQ:RIDE) has observed the following analyst ratings: