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The Latest Breaking News from Nasdaq

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…

Benzinga

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.

Benzinga

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…

Benzinga

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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.

Benzinga

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.

Benzinga

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…

Benzinga

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…

Benzinga

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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."

Benzinga

Where MKS Instruments Stands With Analysts

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

Benzinga

Stocks Sniffing A Bear Market Rally

Summary & Key Takeaways

Benzinga

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.

Benzinga

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…

Benzinga

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.

Benzinga

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…

Benzinga

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Where Scholar Rock Holding Stands With Analysts

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

Benzinga

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.

Benzinga

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…

Benzinga

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…

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Benzinga

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.

Benzinga

Dow Jones Turns Lower; F-star Therapeutics Shares Spike Higher

U.S. stocks pared gains midway through trading, with the Dow Jones dropping 100 points on Thursday.

Benzinga

44 Stocks Moving In Thursday's Mid-Day Session: F-star Therapeutics, Revlon And More

Gainers Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ: BHAT) rose 83.8% to $1.3824. Blue Hat Interactive terminated its previously proposed shelf takedown offering.

Benzinga

AstraZeneca's ALXN1840 Shows Promising Action Against Copper Metabolism Disorder

AstraZeneca Plc (NASDAQ:AZN) announced detailed results from the positive FoCus Phase 3 trial of ALXN1840 in Wilson's disease, an inherited condition in which the body's pathway for removing excess copper is compromised. The data showed that ALXN1840 met its primary endpoint demonstrating three-times greater copper mobilization from tissues compared to the standard of…

Benzinga

Where MACOM Technology Solns Stands With Analysts

MACOM Technology Solns (NASDAQ:MTSI) has observed the following analyst ratings within the last quarter:

Benzinga

Analyst Ratings for Paylocity Holding

Paylocity Holding (NASDAQ:PCTY) has observed the following analyst ratings within the last quarter:

Benzinga

Check Out What Whales Are Doing With MAR

Someone with a lot of money to spend has taken a bearish stance on Marriott Intl (NASDAQ:MAR). 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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