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The Latest Breaking News from Nasdaq

Traders Bet On More Gains For APA Corp

Shares of APA Corp (NASDAQ: APA), the holding company for Apache, have rallied more than 60% year to date.

Benzinga

Hertz Announces New $2B Buyback: What Investors Need To Know

Shares of vehicle rental service company Hertz Global Holdings Inc (NASDAQ: HTZ) are moving higher Wednesday after the company announced a buyback.

Benzinga

Hexo Q3 2022 Net Loss Grows Staggering 638% To CA$152.7M, Are There Profits?

HEXO Corp (NASDAQ: HEXO) (TSX:HEXO) revenue grew 101% in Q3 2022 to CA$45.57 million ($35.26 million) compared to CA$22.66 in Q3 2021.

Benzinga

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Cisco And 2 Other Stocks Insiders Are Selling

US stock futures traded higher this morning on Wednesday ahead of the key interest rate decision from the Federal Reserve. Investors, meanwhile, focused on some notable insider trades.

Benzinga

10 Biggest Price Target Changes For Wednesday

Jefferies raised Tapestry, Inc. (NYSE: TPR) price target from $30 to $45. Tapestry shares rose 2.2% to close at $31.60 on Tuesday.

Benzinga

Why 180 Life Sciences Shares Are Plunging Today

180 Life Sciences Corp (NASDAQ:ATNF) received a written response from the U.K.'s regulatory agency and U.S. FDA related to questions submitted in a Type C meeting request for anti-TNF treatment, adalimumab, to treat early-stage Dupuytren's disease. Dupuytren's disease is a progressive fibrotic condition of the hand that causes the fingers to curl irreversibly…

Benzinga

4 Stocks Under $2 Insiders Are Aggressively Buying

US gold futures traded higher this morning on Wednesday. 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

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Omega Therapeutics Submits IND For Liver Cancer Candidate

Omega Therapeutics, Inc. (NASDAQ: OMGA) submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) for its lead product candidate, OTX-2002, for the treatment of hepatocellular carcinoma (HCC).

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, June 15

Reuters Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Benzinga

Zendesk Explores Settlement Discussions With Activist Investor Jana Partners

Customer engagement software solutions portfolio provider Zendesk, Inc (NYSE:ZEN) is exploring settlement options with activist investor Jana Partners LLC, days after the software company failed to divest itself, the Wall Street Journal reports. The truce could call for the exit of CEO Mikkel Svane and director Carl Bass. Bass, the former CEO of Autodesk Inc (NASDAQ:ADSK),…

Benzinga

L3Harris Technologies Eyes Israeli Spyware Firm NSO: Reports

L3Harris Technologies Inc (NYSE:LHX) is planning to acquire Israeli spyware firm NSO Group, Reuters reported, citing U.S. and Israeli media. The deal is expected to be finalized after being approved by Israel, the U.S., and L3Harris’ board of directors. A separate report published by Intelligence Online has shed light on the White House’s…

Benzinga

Cathie Wood Loads Up On Tesla Stock For 6th Time This Month

Cathie Wood-led Ark Invest Investment Management added more Tesla Inc (NASDAQ: TSLA) shares to its portfolio on Tuesday, raising its exposure to the electric vehicle maker for the sixth time this month.

Benzinga

Bill Gates Slams Crypto, NFTs: Shams Based On 'Greater Fool Theory'

Microsoft Corp (NASDAQ: MSFT) co-founder Bill Gates has launched a barge of criticism against cryptocurrencies and non fungible tokens (NFTs) on Tuesday.

Benzinga

Elon Musk Votes Republican For 1st Time — Prefers This Candidate To Be Next US President

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk has been sounding out recently that he has shifted his allegiance to the Republican party.

Benzinga

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Benzinga

How Many Subscribers Disney Could Lose Due To Setback In India

In the e-auction for the multi-year rights to the Indian Premier League cricket tournament, a joint venture between Paramount Global (NASDAQ: PARA) and Mukesh Ambani's Reliance Industries won the streaming rights, outbidding incumbent holder Walt Disney Company (N

Benzinga

EXCLUSIVE: Armada Acquisition Partner Rezolve Scoops ANY Lifestyle Marketing Firm In Germany

Rezolve (NASDAQ: ZONE), a mobile commerce and engagement company, had acquired ANY Lifestyle Marketing GmbH, the exclusive marketer for all commercial activities of Radio Group in Germany. The financial terms of the transaction remain undisclosed.

Benzinga

Qualcomm Wins EU Antitrust Lawsuit Which Has An Apple Connection

Qualcomm Inc (NASDAQ:QCOM) clinched victory against a €997 million ($1.05 billion) penalty slapped by EU antitrust regulators, Reuters reports. The EU imposed the fine four years back for paying Apple Inc (NASDAQ:AAPL) to use only its chips and block out rivals like Intel Corp (NASDAQ:INTC). Also Read: Qualcomm Agrees To Work With Europe's Foundry Partners: Reuters The European Commission…

Benzinga

iQIYI Shares Trade Lower On Reports Of Possible Stake Sale

Baidu, Inc (NASDAQ:BIDU) is exploring selling its controlling stake in iQIYI, Inc (NASDAQ:IQ) at a potential valuation of ~$7 billion, Reuters reports. Baidu, which owns 53% of iQIYI and holds over 90% of its shareholder voting rights, looks to sell all its holdings in China's Netflix, Inc (NASDAQ:NFLX) counterpart. Baidu's targeted valuation of $7 billion represents…

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Benzinga

Alibaba Goes Amazon Way To Develop In-House Silicon

Alibaba Group Holding Limited (NYSE: BABA) offered a glimpse at its in-house silicon called Cloud Infrastructure Processing Units (CIPUs) at its annual summit this week,

Benzinga

Insiders Buy Around $81M Of 4 Stocks

Although the Dow Jones dropped around 150 points on Tuesday, there were a few notable insider trades.

Benzinga

BRP Boosts Credit Facility

BRP Inc (NASDAQ:DOOO) (TSX:DOO) has increased total available commitments under its revolving credit facility by C$400 million to reach C$1.5 billion in total. The company has also obtained an incremental $100 million term loan from existing lenders under its term loan credit agreement. The costs of borrowing under the revolving credit agreement will…

Benzinga

Warner Bros Discovery To Undergo Major Global Ad Sales Team Restructuring

Warner Bros. Discovery, Inc (NASDAQ:WBD) could downsize up to 30% or nearly 1,000 jobs in its global advertising sales team, Reuters reports. Warner offered members of its U.S. advertising sales team an option to leave the company voluntarily. The global advertising sales team has ~3,000 members. Also Read: Warner Bros. Discovery Registers 15%…

Benzinga

Elon Musk Sees These 2 Prominent EV Makers Headed Toward Bankruptcy

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday he believes that electric vehicle startups Rivian Automotive Inc (NASDAQ: RIVN) and

Benzinga

24 Stocks Moving in Wednesday's Pre-Market Session

Gainers Boxed, Inc. (NYSE: BOXD) rose 38.3% to $1.95 in pre-market trading. Boxed reported that Director Andrew Pearson bought 150,000 shares at an average price of $1.82 per share.

The Guardian - UK

Owner of UK chip designer Arm may float some of firm’s shares in London

Japan’s SoftBank still likely to conduct IPO in New York but could secure secondary listing

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