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The Latest Breaking News from Nasdaq

Qualcomm Chief Sees Prospects In High-End Smartphones, Meta Partnership Thanks To Augmented and Virtual Reality

In an interview at the World Economic Forum, Qualcomm Inc (NASDAQ:QCOM) CEO Cristiano Amon talked about growth as consumers increasingly chased "better phones," Reuters reports. Qualcomm's share with devices like the Samsung Galaxy grew from 40% share to over 75%. Qualcomm's technology powers augmented and virtual reality devices, including those made by Facebook…

Morning Brief: Top Financial Stories Dominating on Thursday, May 26

Morning Brief: Top Financial Stories Dominating on Thursday, May 26

CNBC Two Major Tech Deals Come Under UK Government Scrutiny

Meta And 3 Other Stocks Insiders Are Selling

Meta And 3 Other Stocks Insiders Are Selling

US crude oil futures traded higher this morning on Thursday. Investors, meanwhile, focused on some notable insider trades.

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Why Baidu Shares Are Gaining Today

Baidu, Inc (NASDAQ:BIDU) reported first-quarter FY22 revenue growth of 1% year-on-year to $4.48 billion, beating the consensus of $4.18 billion. Segments: Baidu's Core revenue increased 4% Y/Y to $3.37 billion; Online marketing revenue declined 4% Y/Y to $2.47 billion, and Non-online marketing revenue jumped 35% Y/Y to $903 million, driven by cloud and other AI-powered businesses.…

Elon Musk Says Earth Is 'Basically Empty' And City Folks Are Just Living In Illusion

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk expanded on his previous commentary on the human population on Wednesday. What Happened: Musk said on Twitter that “[Humans] are absurdly concentrated on a tiny percentage of Earth’s surface.”

Recap: Destination XL Group Q1 Earnings

Destination XL Group (NASDAQ:DXLG) reported its Q1 earnings results on Thursday, May 26, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Nvidia's Data Center Sales Zip Past Gaming Business For The First Time In 7 Quarters

Graphics chip maker Nvidia Corp’s (NASDAQ: NVIDIA) data center unit’s quarterly revenue surpassed that of its gaming business for the first time in seven quarters, the company filings showed on Wednesday.

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Groupon And 2 Other Stocks Insiders Are Buying

Groupon And 2 Other Stocks Insiders Are Buying

Although the Nasdaq Composite gained 1.5% on Wednesday, there were a few notable insider trades.

Another Chinese Car Tech Company Aspires To Go Public Via SPAC Merger After DiDi's Debacle

Another Chinese Car Tech Company Aspires To Go Public Via SPAC Merger After DiDi's Debacle

Billionaire Li Shufu-backed car technology company Ecarx Holdings Inc looks to go public via a special purpose acquisition company (SPAC) merger with Cova Acquisition Corp (NASDAQ:COVA). Ecarx, founded in 2017 by Geely Automobile Holdings Ltd's (OTC:GELYY) Shufu and Ziyu Shen, develops software and hardware like digital cockpit and infotainment systems for cars, Bloomberg reports. Ecarx serves both combustion-powered vehicles…

Britain Competition Watchdog Launches Second Probe On Google

Britain Competition Watchdog Launches Second Probe On Google

Britain's competition regulator launched its second probe into the advertising practices of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google for allegedly distorting competition and illegally favoring its services, Reuters reports. The Competition and Markets Authority examined three critical parts of the ad tech stack chain, services that mediate ad tech since Google owned the largest…

Why NRX Pharmaceuticals Shares Are Trading Lower During Premarket On Thursday?

Why NRX Pharmaceuticals Shares Are Trading Lower During Premarket On Thursday?

Based on the review of approximately 460 patients, Data Safety and Monitoring Board (DSMB) determined that the evaluation of NRx Pharmaceuticals Inc's (NASDAQ:NRXP) Zyesami (aviptadil) should cease due to futility. Aviptadil was the sole remaining investigational medicine in ACTIV-3b targeted at critical-ill COVID-19 patients. ACTIV-3b study evaluated Zyesami and Gilead Sciences Inc's (NASDAQ:GILD) Veklury (remdesivir)…

10 Biggest Price Target Changes For Thursday

10 Biggest Price Target Changes For Thursday

UBS cut The Kraft Heinz Company (NASDAQ: KHC) price target from $40 to $34. Kraft Heinz shares fell 3.1% to $38.66 in pre-market trading.

Apple Gives 10% Hike To Store Workers Amid Hot Inflation, Unionization Drive

Apple Gives 10% Hike To Store Workers Amid Hot Inflation, Unionization Drive

Apple, Inc. (NASDAQ: AAPL) has reportedly followed up on its February pay increases for its store employees with another.

Tilray Launches New CBD Lifestyle Brand, POLLEN Gummies & Drink Drops Available On Amazon UK

Tilray Brands, Inc. (NASDAQ: TLRY) (TSX: TLRY) announced the launch of POLLEN, a CBD lifestyle brand with a new approach to wellness, on Amazon UK.

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Hamilton Lane: Q4 Earnings Insights

Hamilton Lane (NASDAQ:HLNE) reported its Q4 earnings results on Thursday, May 26, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Titan Machinery: Q1 Earnings Insights

Titan Machinery (NASDAQ:TITN) reported its Q1 earnings results on Thursday, May 26, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Morgan Stanley Upgrades This Athletic Apparel Retailer - Read Why

Morgan Stanley analyst Kimberly Greenberger upgraded Lululemon Athletica Inc (NASDAQ:LULU) to Overweight from Equal Weight. The analyst reduced the price target from $339 to $303, implying a 16.24% upside. Though Lululemon is trading at a discount versus history, the analyst opined that risks seem priced in, and the business could prove more resilient. The analyst…

Google Docs Formatting Just Got A Whole Lot Quicker

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google said on Wednesday that its Google Docs application will now allow users to make multiple text selectio

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eBay Expands Refurbished Program In Canada

eBay Inc (NASDAQ:EBAY) has launched eBay Refurbished in Canada. The destination provides shoppers with deep discounts on refurbished items from brands like Apple Inc (NASDAQ:AAPL), Bose, and Miele. All inventory, sourced directly from premium brands or top-rated sellers, is vetted to meet eBay's performance standards, and comes with a one- or two-year warranty. "We're leaning…

Cathie Wood's Ark Invest Adds Tesla Stock For Third Time This Week

Cathie Wood-led Ark Invest added more Tesla Inc (NASDAQ: TSLA) stock to its portfolio on Wednesday, raising its exposure to the electric vehicle maker for the third time in a row this week.

20 Stocks Moving in Thursday's Pre-Market Session

Gainers TC Biopharm (Holdings) Plc (NASDAQ: TCBP) shares rose 51.2% to $0.9603 in pre-market trading after dipping 18% on Wednesday.

Nvidia Says 'Nominal' Crypto Mining Chip Sales Behind 52% Decline In 'OEM And Other' Revenue

Chip manufacturer NVIDIA Corporation (NASDAQ: NVDA) attributed its 52% decline in "OEM and Other" market platform revenue to a decline in Cryptocurrency Mining Processor (CMP) sales.

A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of GDP, Jobless Claims Data

Pre-open movers

Earnings Scheduled For May 26, 2022

Companies Reporting Before The Bell • American Woodmark (NASDAQ:AMWD) is likely to report quarterly earnings at $1.34 per share on revenue of $493.20 million.

88 Biggest Movers From Yesterday

Gainers The Very Good Food Company Inc. (NASDAQ: VGFC) shares jumped 118.2% to close at $0.2950 on Wednesday as the company announced it increased retail distribution across Canada with Loblaw Companies.

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