The Latest Breaking News from Nasdaq

Palo Alto Networks's (NASDAQ:PANW) short percent of float has fallen 7.3% since its last report. The company recently reported that it has 7.57 million shares sold short, which is 7.87% of all regular shares that are available for trading.

Johnson Outdoors Inc (NASDAQ:JOUT) reported a second-quarter FY22 sales decline of 8% year-on-year to $189.62 million, missing the consensus of $202.32 million. EPS of $0.97 missed the analyst consensus of $1.85. The gross margin contracted 903 basis points Y/Y to 36.2%, primarily due to increased materials and inbound freight costs driven by supply…

Concentrix Corporation (NASDAQ:CNXC) agreed to acquire customer journey experience company ServiceSource International, Inc (NASDAQ:SREV) in an all-cash transaction of $1.50 per share.  The purchase price represents a 47% premium to ServiceSource's unaffected closing stock price on May 6. Concentrix is a leading provider of customer experience (CX) services and technologies. "We are delighted to join…

Microsoft and Nvidia fell to the lowest since last June as techs again sold off.

When we enter a period of economic uncertainty, the phrase "recession-proof stocks" is tossed about, but really the only certainty is that recession-proof stocks do not exist. On the other hand, recession-resistant companies are what a savvy investor searches for during the absence of a bull market, as we are now.

The Fed’s recent interest rate hike of 0.5% is the most significant in over 20 years. Chairman Jerome Powell expects several additional rate hikes through the end of 2022 and into 2023 amid the highest inflation the United States has seen since December 1981.

On Friday, shares of Hudson Technologies, Inc. (NASDAQ: HDSN) saw unusual short activity. After the short activity, the stock price moved up 2.54% to $9.29. 

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

A whale with a lot of money to spend has taken a noticeably bearish stance on Amgen. Looking at options history for Amgen (NASDAQ:AMGN) we detected 21 strange trades.