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The Latest Breaking News from Nasdaq

Microsoft Joins Peers In Hiring Slowdown Amid Economic Volatility

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…

Benzinga

Google Maps Contract Workers Lock Horns With Management Over Returning To Office Policy

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Maps contract workers are amid a standoff with their vendor Cognizant Technology Solutions Corp (NASDAQ:CTSH) on resuming back office, Bloomberg reports. The workers who are paid an hourly rate of $16 - $28 and do not enjoy the same perks as direct employees are also subject to the company's…

Benzinga

Workers Rebel Against China's Major Apple Supplier, Question Country's Covid Decree

Shanghai Apple Inc (NASDAQ:AAPL) supplier, Quanta Computer Inc's (OTC:QUCPY) low-wage workers, rebelled against their supervisors, demanding more freedom, Bloomberg reports. The workers locked down by government ruling and isolated from the outside world for almost two months were a part of violent clashes, mounting infections, and vacant factory floors. During the April lockdown, Quanta had…

Benzinga

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Tesla, Other EV Makers Said To Have Asked Biden For Heavy-Duty Truck Charging Investments

Tesla Inc (NASDAQ: TSLA) — alongside other electric vehicle companies and environmental groups — has asked President Joe Biden’s administration to invest in charging infrastructure for electric buses, trucks and other medium- and heavy-duty vehicles, The<

Benzinga

4 Stocks Under $1 Insiders Are Aggressively Buying

The Nasdaq Composite jumped over 300 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or…

Benzinga

Recap: Viomi Technology Co Q1 Earnings

Viomi Technology Co (NASDAQ:VIOT) reported its Q1 earnings results on Friday, May 27, 2022 at 05:30 AM. Here's what investors need to know about the announcement. Earnings Viomi Technology Co reported an EPS of $-0.09.

Benzinga

Apple CEO Tim Cook Donates $100,000 To His High School's Band; Director Says 'We Are Speechless'

Apple Inc (NASDAQ: AAPL) CEO Tim Cook has donated $100,000 to help his high school’s band, in Alabama, to purchase new instruments.

Benzinga

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Cavco Industries Q4 Earnings Surpass Street View

Cavco Industries Inc (NASDAQ:CVCO) reported fourth-quarter FY22 revenue growth of 64.9% year-over-year to $505.48 million, beating the consensus of $435.50 million. The gross profit jumped 82.9% Y/Y to $129.6 million, with the margin contracting 250 basis points to 25.6%. Selling, general and administrative expenses rose 35.9% to $59.7 million. The operating margin was…

Benzinga

20 Stocks Moving in Friday's Pre-Market Session

Gainers Adicet Bio, Inc. (NASDAQ: ACET) rose 16% to $11.90 in pre-market trading after reporting positive clinical update from ADI-001 Phase 1 Trial in relapsed/refractory Non-Hodgkin’s Lymphoma.

Benzinga

Why Red Robin Gourmet Burgers Shares Are Surging Today

Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) reported first-quarter FY22 revenue growth of 21.2% year-over-year to $395.60 million, beating the consensus of $381.18 million. Restaurant sales rose 19.4% Y/Y, and comparable restaurant revenue increased 19.7%. Restaurant-level operating profit margin decreased by 170 basis points to 14%, driven primarily by commodity and labor cost inflation,…

Benzinga

A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Economic Reports

Pre-open movers

Benzinga

Elon Musk And Twitter Both Sued By Shareholders Over 'Chaotic Deal'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and Twitter Inc (NYSE: TWTR) are being sued by the microblogging company’s shareholders over an ongoing chaotic $44 billion t

Benzinga

88 Biggest Movers From Yesterday

Gainers Creatd, Inc. (NASDAQ: CRTD) shares jumped 58.5% to close at $1.28 on Thursday. Creatd’s board approved a rights offering of up to $40 million for 20 million shares at $2 per unit.

Benzinga

5 Stocks To Watch For May 27, 2022

Some of the stocks that may grab investor focus today are:

Benzinga

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Benzinga

Brace For 'Bear Market Tech Rally:' Munster Predicts When Stock Market Could Actually Hit A Bottom

U.S.

Insider UK

2021 Scottish deal tables revealed

2022 brings further uncertainty following last year's transaction bounce-back

Benzinga

Cathie Wood's Ark Invest Makes Nvidia Re-Entry After 7 Months With $44M Buy

Benzinga

Elon Musk Wishes Jack Dorsey Stayed On Twitter Board, But That Horse Has Already Bolted

When Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, who is attempting to take over Twitter Inc (NYSE: TWTR), noted that the company’s founder Jack Dorsey had quit the social media firm&rsq

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Evening Standard

World Economic Forum: Elites descend but does Davos still have clout?

It’s a playground of power, privilege and blue-sky thinkers — but with the world in turmoil, it wasn’t quite business as usual when the 0.1 per cent met in the mountains this week. By Anne McElvoy

Benzinga

'The Sims 4' Now Lets You Choose Custom Genders

Electronic Arts Inc (NASDAQ: EA) real-life simulator game "The Sims" will now allow users to add custom pronouns to their characters.

Benzinga

'Politicians Or Billionaires:' Elon Musk Asks Twitter Users Who They Trust Less

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday started a new poll on the microblogging site Twitter Inc (NYSE: TWTR), a platform he has bid to take private in a $44 billion deal or le

Benzinga

Can Kim Kardashian Save The Beyond Meat Brand? Two Historical Comparisons Give Us The Answer

On May 24th, 2022 it was announced that Reality Star, Real Life Elle Woods and Billionaire, Kim Kardashian would be Beyond Meat’s (NASDAQ:BYND) Chief Taste Consultant. What that entails exactly is unknown.

Benzinga

7 Stocks Most Likely To Be Impacted By iPhone 14 Delays

As the largest tech company in the world, Apple Inc (NASDAQ: APPL) has a global reach, unlike any other company.

Benzinga

7 Nvidia Analysts Break Down Long-Term Story, New Products, Data Center Growth After Q1 Print

Several NVIDIA Corporation (NASDAQ: NVDA) reacted to the chipmaker's first-quarter report with lower price targets. Here's what they had to say.

Benzinga

Ulta Beauty Shares Soar Afterhours On Solid Q1 Results, Raised FY22 Guidance

Ulta Beauty Inc (NASDAQ: ULTA) reported first-quarter sales growth of 21% year-over-year to $2.35 billion, beating the consensus of $2.12 billion.

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