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The Latest Breaking News from Nasdaq

U.S. indices traded higher Thursday despite a drop in U.S. GDP. Strength in stocks is possibly due to better-than-expected quarterly earnings from multiple companies as well as a rebound following a selloff earlier in the week.

Benzinga

What's Going On With MicroVision Shares Today?

MicroVision, Inc. (NASDAQ: MVIS) shares were trading nearly 10% lower today after the company reported worse-than-expected first-quarter EPS and sales results. Shares actually parred those losses as the session went on and closed the day up 2 cents.

Benzinga

All The Stocks Bill Hwang's Archegos Capital Is Accused Of Manipulating

From March 2020 through its collapse in March 2021, Archegos Capital Management, headed by Sung Kook (Bill) Hwang and partners, entered into a manipulative scheme that increased Archego’s bottom line from around $4 billion to $36 billion, according to a SEC lawsui

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How Amazon Stock Looks Heading Into Q1 Earnings Print

Amazon, Inc (NASDAQ: AMZN) is set to print its first-quarter financial results after the market close. The heavily beaten-down stock was trading about 5% higher heading into the event but remains down over 20% from the Nov. 19, 2021 high of $3,762.15.

Benzinga

How Apple Stock Looks Heading Into Q2 Earnings Print

Apple, Inc (NASDAQ: AAPL) is set to print its second-quarter financial results after the market close on Thursday. The stock was trading over 4% higher heading into the event

Benzinga

Lucid Gr Whale Trades For April 28

A whale with a lot of money to spend has taken a noticeably bullish stance on Lucid Gr. Looking at options history for Lucid Gr (NASDAQ:LCID) we detected 11 strange trades.

Benzinga

Check Out What Whales Are Doing With AMGN

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 18 strange trades.

Benzinga

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$100 Invested In Micron Technology 10 Years Ago Would Be Worth This Much

Micron Technology (NASDAQ:MU) has outperformed the market over the past 10 years by 14.5% on an annualized basis producing an average annual return of 26.31%. Currently, Micron Technology has a market capitalization of $78.71 billion.

Benzinga

Sirius XM Tops Q1, Incorporates Hardware Into 83% of New Vehicles Sold in US

Sirius XM Holdings Inc (NASDAQ:SIRI) reported first-quarter FY22 revenue growth of 6% year-on-year to $2.19 billion, beating the consensus of $2.15 billion. Subscriber revenue expanded 6.3% Y/Y to $1.71 billion. Advertising revenue increased 8.2% Y/Y to $383 million. SiriusXM incorporated hardware into 83% of new vehicles sold in the U.S., up from 81%…

Benzinga

E-Home Launches 'Digital Human As Service' Metaverse Customer Services

E-Home Household Service Holdings Ltd (NASDAQ:EJH) launched its Digital Human as a Service (DHaaS) platform, an AI technology platform for sales and customer-facing services. DHaaS initiative features a virtual digital human customer service guide named Xiao e, providing 24/7 assistance for household services clients in the Metaverse virtual world. The official metaverse…

Benzinga

Stocks That Hit 52-Week Lows On Thursday

During Thursday, 849 stocks hit new 52-week lows.

Benzinga

Analyst Slash Earnings Estimates For Alibaba, Baidu, Others Again Amid Surging Covid Environment

Analysts slashed the earnings estimates for the Chinese technology giants for a second straight month amid the nation’s persistent goal of its Covid-Zero strategy, Bloomberg reports. Analysts trimmed Alibaba Group Holding Limited (NYSE:BABA) estimates by 4.2% and Baidu, Inc (NASDAQ:BIDU) by 8.1%. U.S.-listed shares of Baidu have lost 10% in April, while those of Alibaba…

Benzinga

PayPal Looks To Close Down Its San Francisco Office That Houses Xoom

PayPal Holdings, Inc (NASDAQ:PYPL) is closing its San Francisco office at 425 Market Street as it evaluates its global office footprint, the TechCrunch reports. The office housed its Xoom business unit. The employees that worked out of that office will work virtually with the ability to work from the company’s headquarters office…

Benzinga

So What's Going On With Lam Research Shares Today?

Shares of semiconductor stocks, including Lam Research Corporation (NASDAQ: LRCX), are trading higher in sympathy with QUALCOMM, Inc. (NASDAQ: QCOM), which reported better-than-expected second-quarter EPS and sales resu

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Why Applied Materials Shares Are Moving

Shares of semiconductor stocks, including Applied Materials, Inc. (NASDAQ: AMAT), are trading higher in sympathy with QUALCOMM, Inc. (NASDAQ: QCOM), which reported better-than-expected second-quarter EPS and sales resul

Benzinga

PCSB Financial: Q3 Earnings Insights

PCSB Financial (NASDAQ:PCSB) reported its Q3 earnings results on Thursday, April 28, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

12 Information Technology Stocks Moving In Thursday's Intraday Session

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12 Industrials Stocks Moving In Thursday's Intraday Session

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12 Health Care Stocks Moving In Thursday's Intraday Session

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11 Financials Stocks Moving In Thursday's Intraday Session

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Lower COVID-19 Assay Sales Weighs On Hologic's Q2 Revenue

Hologic Inc (NASDAQ:HOLX) reported Q2 FY22 sales of $1.44 billion, down 7% Y/Y, and beating the consensus Wall Street estimate for revenues of $1.29 billion. Lower sales of COVID-19 assays primarily drove a fall in sales. Hologic's global diagnostics business posted revenues of $987.1 million, down 7%. Diagnostics revenues excluding COVID-19 revenues…

Benzinga

Mid-Afternoon Market Update: Nasdaq Jumps 400 Points; Sio Gene Therapies Shares Plummet

U.S. stocks extended gains toward the end of trading, with the Nasdaq Composite gaining more than 400 points on Thursday.

Benzinga

Peering Into Applied Materials Inc's Recent Short Interest

Applied Materials Inc's (NASDAQ:AMAT) short percent of float has fallen 5.26% since its last report. The company recently reported that it has 9.54 million shares sold short, which is 1.08% of all regular shares that are available for trading.

Benzinga

Why Sirius XM Shares Are Rising Today

Sirius XM Holdings Inc (NASDAQ: SIRI) shares are trading higher by 6.70% at $6.37 after the company reported better-than-expected first-quarter sales results and reiterated guidance.

Benzinga

Why Are XBiotech Shares Trading Higher Today

The French authority has signed off XBiotech Inc's (NASDAQ:XBIT) multicenter randomized clinical study for Natrunix combined with trifluridine/tipiracil for colorectal cancer. The French National Cancer Institute (INCA) has also awarded a grant to fund all clinical costs for the study. Investigators will combine Natrunix and trifluridine/tipiracil as a new candidate therapy for metastatic…

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