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The Latest Breaking News from Nasdaq

Why Sonos Stock Is Surging After Hours

Sonos Inc (NASDAQ: SONO) shares are trading higher in Wednesday's after-hours session after the company announced

Benzinga

Amdocs: Q2 Earnings Insights

Amdocs (NASDAQ:DOX) reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Amdocs beat estimated earnings by 30.51%, reporting an EPS of $1.54 versus an estimate of $1.18.

Benzinga

Recap: Sonos Q2 Earnings

Sonos (NASDAQ:SONO) reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Sonos beat estimated earnings by 271.43%, reporting an EPS of $0.26 versus an estimate of $0.07.

Benzinga

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Google Looks To Tap India's Cricket Frenzy By Pitting Itself Against Amazon, Disney, Sony

Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) looks to bid for the broadcast rights of the Indian Premier League, Bloomberg reports. Google's interest in India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest, trailing only the Premier League and the National Football League in terms…

Benzinga

Privacy Activists Caution Against Zoom's Latest Tool

Activists have warned against Zoom Video Communications, Inc's (NASDAQ:ZM) analyzing emotion and engagement feature of triggering bias and violating personal privacy, Bloomberg reports. Zoom introduced Zoom IQ, a post-call analysis of speaker sentiment powered by artificial intelligence for salespeople. Zoom IQ offered metrics like engagement or patience to improve future communication and deal-making.…

Benzinga

Raymond James Says 'Supply Chain Challenges Made Q1 Messy' For This Medtech Stock

ICU Medical Inc (NASDAQ:ICUI) reported Q1 sales of $543.1 million vs. Raymond James' estimate of $530 million. Core ICU beat by $7 million, while newly acquired Smiths Medical missed by $5 million. With an Outperform rating, the analysts lowered the price target from $265 to $235. Adjusted EPS was $1.82, down from Raymond James' estimate…

Benzinga

Markets Resume Selloff Following Worse-Than-Expected CPI Report

U.S. indices finished Wednesday's trading session lower. Markets were highly volatile following the April CPI report, which showed worse-than-expected inflation. The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist estimates of 8.1%. Prior to 2022, the CPI hadn't risen 8.3% in any month since…

Benzinga

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Analyst Ratings for Western Digital

Within the last quarter, Western Digital (NASDAQ:WDC) has observed the following analyst ratings:

Benzinga

Analyst Ratings for Lordstown Motors

Within the last quarter, Lordstown Motors (NASDAQ:RIDE) has observed the following analyst ratings:

Benzinga

Ohio Lawyer Says Pharmacy Distributors To Pay $878M For Opioid Epidemic

A lawyer for two Ohio counties said that CVS Health Corp (NYSE:CVS), Walgreens Boots Alliance Inc (NASDAQ:WBA), and Walmart Inc (NYSE:WMT) should fund an $878 million plan addressing the opioid crisis, writes Reuters. In November, a federal jury decided that the companies created a public nuisance by flooding Ohio's Lake and Trumbull counties with addictive prescription pain…

Benzinga

What Does HC Wainwright Have To Say On Avadel's Narcolepsy Candidate's Potential Approval?

Avadel Pharmaceuticals PLC (NASDAQ: AVDL) reported 1Q results and provided updated color on the U.S. marketing application for FT218.

Benzinga

How Beyond Meat Stock Looks Heading Into Q1 Earnings

Beyond Meat, Inc (NASDAQ: BYND) was plummeting over 14% lower on Wednesday as the plant-based meat producer headed into its first-quarter earnings.

Benzinga

Why Zomedica Shares Are Falling Today

Zomedica Corp (NASDAQ: ZOM) shares are trading lower by 4.99% at $0.20. The company reported first-quarter earnings results during Tuesday’s after-hours session. Zomedica reported a first-quarter EPS loss of four tenths of one cent on revenue of $3.751 million.

Benzinga

Why Did Moderna CFO Exit Just A Day After Taking Charge

Moderna Inc (NASDAQ:MRNA) announced that its recently appointed Chief Financial Officer, Jorge Gomez, has departed the company, effective immediately. The announcement follows the public disclosure by Gomez's former employer, Dentsply Sirona Inc (NASDAQ:XRAY), of an ongoing internal investigation into some issues, including financial reporting. The audit investigates Dentsply Sirona's "use of incentives to sell products to…

Benzinga

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What's Going On With Rivian Stock Today?

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower Wednesday alongside several companies in the broader consumer discretionary space amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

PreMarket Prep Stock Of The Day: Wynn Resorts Investors Cut Their Losses After Q1 Miss

The legalization of gambling in several states has not led to the boom in gaming and casino stocks that many were expecting over the long term.

Benzinga

Why Lucid Shares Are Sliding Today

Lucid Group Inc (NASDAQ: LCID) shares are trading lower Wednesday alongside several companies in the broader consumer discretionary space amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

Benzinga

What's Going On With Bitcoin- And Ethereum-Related Stock Marqeta?

Marqeta Inc (NASDAQ: MQ) shares are trading lower by 6.05% at $6.60. Traders and investors are watching for the company’s first-quarter earnings report, confirmed for Tuesday’s after-hours session.

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Benzinga

Where BTRS Holdings Stands With Analysts

BTRS Holdings (NASDAQ:BTRS) has observed the following analyst ratings within the last quarter:

Benzinga

Analyst Ratings for Warner Music Group

Within the last quarter, Warner Music Group (NASDAQ:WMG) has observed the following analyst ratings:

Benzinga

What 4 Analyst Ratings Have To Say About NanoString Technologies

Analysts have provided the following ratings for NanoString Technologies (NASDAQ:NSTG) within the last quarter:

Benzinga

What 4 Analyst Ratings Have To Say About Advantage Solutions

Over the past 3 months, 4 analysts have published their opinion on Advantage Solutions (NASDAQ:ADV) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Analyst Ratings for Nuvei

Over the past 3 months, 10 analysts have published their opinion on Nuvei (NASDAQ:NVEI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Analyst Ratings for JFrog

JFrog (NASDAQ:FROG) has observed the following analyst ratings within the last quarter:

Benzinga

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off.

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