The Latest Breaking News from Nasdaq

U.S. indices finished higher again Tuesday as stocks continued to rebound from recent weakness. Stocks have experienced volatility this year amid Federal Reserve policy tightening measures.

AstraZeneca plc (NASDAQ:AZN) moved to bolster its COVID-19 portfolio of antibodies with a $157 million licensing deal for experimental therapies developed by newly-launched UK-based biotech, RQ Biotechnology Ltd. In addition to the initial sum, AstraZeneca will pay possible royalty payments as part of the exclusive license to develop pre-clinical COVID antibodies engineered by RQ…

China's top economic official offered an unusually public show of support for digital platform companies hinting toward possible ease in the ongoing crackdown, Bloomberg reports. The latest comments may inject much-needed confidence into the capital markets. Tencent Holding Ltd (OTC:TCEHY) and Alibaba Group Holding Limited (NYSE:BABA) combined lost over $1 trillion in market value post…

Shares of companies in the broader consumer staples sector, including Veru Inc (NASDAQ: VERU), are trading higher as stocks rebound from recent weakness. Stocks have experienced volatility this year amid Fed policy tightening measures.

Microsoft Corp (NASDAQ:MSFT) launched a new offering called Microsoft Cloud for Sustainability to improve its carbon footprint. Salesforce, Inc (NYSE:CRM), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and International Business Machines Corp (NYSE:IBM) made similar endeavors, the TechCrunch reports. Microsoft's solution looks to use a set of measuring devices to collect the data and exploit Microsoft's cloud-based data collection services to…

Shares of several companies in the broader technology sector, including NVIDIA Corporation (NASDAQ: NVDA), are trading higher amid overall market strength as stocks rebound from recent weakness. The semiconductor sector has also experienced volatility amid rate hike concerns.

Plug Power Inc (NASDAQ:PLUG) has secured an order to deliver one gigawatt (GW) electrolyzer to hydrogen company H2 Energy Europe. The financial terms were not disclosed. The company noted that this is the world's largest capacity electrolyzer installation, planned for green hydrogen manufacturing plant in Denmark. Swiss-headquartered H2 Energy Europe is a JV…

Video game company Take-Two Interactive Software (NASDAQ: TTWO) reported fiscal fourth-quarter financial results Monday. Analysts weighed in with their thoughts on the report and the pipeline of games ahead.

Tarena International Inc (NASDAQ:TEDU) reported first-quarter FY22 sales growth of 16.8% year-on-year, to $98.4 million, beating the consensus of $58.85 million. Revenue from childhood & adolescent quality education business increased 27.2% Y/Y, and adult professional education businesses climbed 5.5%. The gross profit increased 43.6% Y/Y to $56.6 million, and the margin expanded 1,080…

Twitter, Inc (NYSE: TWTR) was spiking up over 3% on Tuesday after falling almost 28% beginning on May 5 to reach a $36.85 low, putting Tesla, Inc (NASDAQ: TSLA) CEO Elon Musk in the red on the 9.2%

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Monday the U.S. is probably in a recession— and added that it could get worse and last up to a year-and-a-half.