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The Latest Breaking News from Nasdaq

Jim Cramer Likes This Stock Over Olaplex

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he prefers Danaher Corporation (NYSE: DHR) over InMode Ltd. (NASDAQ: INMD).

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Why Lands' End Shares Are Sliding Today

Lands' End Inc (NASDAQ:LE) reported a first-quarter FY22 sales decline of 5.5% year-on-year to $303.67 million, missing the consensus of $327.97 million. Global eCommerce revenue decreased 15.7% Y/Y. Net revenue in U.S. eCommerce fell 14.1%, and International eCommerce declined 21.7%, reflecting delayed receipts of key products due to global supply chain and macroeconomic challenges.…

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Recap: SecureWorks Q1 Earnings

SecureWorks (NASDAQ:SCWX) reported its Q1 earnings results on Thursday, June 2, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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10 Biggest Price Target Changes For Thursday

Morgan Stanley cut S&P Global Inc. (NYSE: SPGI) price target from $419 to $401. S&P Global shares fell 0.1% to $331.84 in pre-market trading.

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Morning Brief: Top Financial Stories Dominating on Thursday, June 2

Reuters

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Apple Could Make iPads Out Of China For The 1st Time Ever — In This Country

As the Chinese lockdown caused trouble for Apple Inc (NASDAQ: AAPL), the tech giant is now reportedly mulling moving some of its iPad production out of the country.

Benzinga

Rivian Backer Eyes India's Two and Three Wheeler EV Market

Abdul Latif Jameel, an early Rivian Automotive, Inc (NASDAQ:RIVN) backer, committed to investing up to $220 million (₹17 billion) in India's battery-powered two and three-wheeler vehicles through EV maker Greaves Electric Mobility. The Saudi family-owned group will initially pay $150 million (₹11.6 billion) for a 35.8% stake in India's Greaves Cotton Ltd subsidiary to foray…

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Here's Why Apple Beat Its Chinese Peers Amid China's Slowdown, Covid Resurgence

China, the biggest smartphone market, will likely shrink by 38 million units in 2022, down 11.5% from 2021 and accounting for about 80% of the global reduction in shipment volume thanks to the economic slowdown as global markets drop by 3.5%, the IDC reports. IDC previously saw the global market growing…

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Cathie Wood Scoops Up $1.2M More In This Crypto-Linked Fintech On The Dip

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) as it scooped up 17,382 shares, estimated to be worth $1.19 million, in the cryptocurrency exchange.

Benzinga

China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon.com, Inc (NASDAQ:AMZN) looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account. China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed. Also Read: Microsoft Brings Down Curtains On LinkedIn…

Benzinga

Pfizer Seeks FDA Approval For Three Covid Vaccine Doses For Children Below Five

Partners Pfizer, Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) urged the FDA to authorize three vaccine doses for children below five, the Wall Street Journal reports. The companies previously asserted that three doses of the shot were 80% effective at preventing symptomatic Covid-19 with robust immune response in children between six months to five years. After mixed results…

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Duluth Holdings: Q1 Earnings Insights

Duluth Holdings (NASDAQ:DLTH) reported its Q1 earnings results on Thursday, June 2, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

24 Stocks Moving in Thursday's Pre-Market Session

Gainers Immix Biopharma, Inc. (NASDAQ: IMMX) rose 42.2% to $2.63 in pre-market trading after declining around 14% on Wednesday. Immix Biopharma, last month, announced positive interim data from an animal study in Soft Tissue Sarcoma (STS).

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A Peek Into The Markets: US Stock Futures Gain Ahead Of Economic Reports; Crude Oil Down Over 2%

Pre-open movers

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62 Biggest Movers From Yesterday

Gainers Missfresh Limited (NASDAQ: MF) jumped 51.1% to close at $0.2450 on Wednesday.

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Apple's AR/VR Headset: Watch For These Updates At WWDC Next Week

As Apple, Inc.'s (NASDAQ: AAPL) reality headset launch timeline polarizes people, Bloomberg columnist Mark Gurman has reiterated his view that neither the hardware nor the reality operating system would be announced at next week's annual Worldwide Developers Conference.

Benzinga

Ford Spends $2000 More Per Car Than Tesla On This — CEO Farley Isn't Happy

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday the legacy automaker has a far higher relative price for distribution than electric vehicle maker Tesla Inc (NASDAQ:

Benzinga

Twitter Says Bye, Bye To TweetDeck: 4 Alternatives For Mac Users

Twitter Inc’s (NASDAQ: TWTR) said it is saying “goodbye” to its TweetDeck app for Apple Inc (NASDAQ: AAPL) computers beginning July 1.

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Short Seller Jim Chanos Calls Coinbase 'Tremendously Overvalued'

Wall Street short seller Jim Chanos has shared his rationale behind what made Coinbase Global Inc (NASDAQ: COIN) such an appealing short.

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After Facebook, Could Politics Be Next For Sheryl Sandberg?

Ever since Sheryl Sandberg said she would be stepping down as Facebook parent Meta Platforms, Inc's (NASDAQ:

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5 Stocks To Watch For June 2, 2022

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

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Government's Plan To Tackle Amazon, Walmart Dominance In India Begins To Take Shape

In a bid to break Amazon Inc (NASDAQ: AMZN) and Walmart Inc's (NYSE: WMT) duopoly in the country's e-commerce sector, India is lining up banks and other key players to set up its own "buyer platforms.&quo

Benzinga

Elon Musk Touts Tesla's Perfect LGBTQ Equality Score — Faces Flak Over 'Personal Choice' Comment

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk touted the automaker’s perfect LGBTQ equality score for a seventh year in running on Wednesday.

Benzinga

Google Is Merging Its Video Conferencing Apps

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOGL) subsidiary Google says it is merging its Meet and Duo video conferencing applications.

Benzinga

Crypto Billionaire Joins Elon Musk, Bill Gates In Pledging Majority Of Wealth To Charity

Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX, has pledged to give away the majority of his wealth to charitable organizations.

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