The Latest Breaking News from Nasdaq

Someone with a lot of money to spend has taken a bearish stance on Diamondback Energy (NASDAQ:FANG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Mattel (NASDAQ:MAT) is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement. Analysts estimate that Mattel will report an earnings per share (EPS) of $-0.04.

Quantum Corporation (NASDAQ:QMCO) completed raising $67.5 million by selling 30 million shares in an oversubscribed rights offering. All eligible directors and executive officers purchased 0.14 million shares. Quantum looks to use the offering proceeds for debt repayment of $20.0 million and improve its balance sheet strength, and for working capital and other general…

If shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) continue to drop, there’s a chance they find support around the $73 level. This could put an end to the selloff.

Borqs Technologies, Inc (NASDAQ:BRQS) collaborated with QUALCOMM Incorporated (NASDAQ:QCOM) and other major chipset vendors to engage in the R&D and sales of automobile telematics products primarily for the India and Southeast Asia markets.  The products include an in-vehicle-infotainment system (IVI) and Telematics Control Unit (TCU) for two and three-wheelers – also called electric scooters…

Citius Pharmaceuticals, Inc. (NASDAQ: CTXR) announced enrolment of first patient in the Phase 2b clinical study of Halo-Lido for the treatment of hemorrhoids. 

Nektar Therapeutics (NASDAQ:NKTR) announced a new strategic plan to prioritize key research and development efforts and cut 70% of its workforce, including several changes to its executive team.  Dimitry Nuyten, Nektar's Chief Medical Officer, will step down from his position following June 2022. He will be succeeded by Brian Kotzin, Nektar's Head of…

Shares of technology and software companies, including NVIDIA Corporation (NASDAQ: NVDA), are trading lower amid overall market weakness. Concerns over future Fed rate hikes have weighed on growth sectors while economic slowdown concerns have pressured market sentiment.

Upwork (NASDAQ:UPWK) is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement. Analysts estimate that Upwork will report an earnings per share (EPS) of $-0.13.