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The Latest Breaking News from Nasdaq

Why This Nvidia, Qualcomm Analyst Is Lowering Price Targets For These Chip Stocks

Nvidia Corporation (NASDAQ: NVDA) shares command a premium valuation, and sell-side's theses have all along justified its valuation due to the chipmaker's strong growth profile and optionality.

Benzinga

Tilray Determined To Resolve Hexo's Debt, Signs Definitive Agreement On Heels Of Earnings

Tilray Brands, Inc. (NASDAQ: TLRY) confirmed Tuesday it has signed a definitive agreement for a commercial and financial partnership with HEXO Corp. (NASDAQ: HEXO).

Benzinga

Nanobiotix's Radiotherapy Combo Therapy Shows Boosted Anti-Tumor Activity In Preclinical Studies

Nanobiotix SA (NASDAQ: NBTX)

Benzinga

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Morning Brief: Top Stories Dominating Financial Media on Tuesday, April 12

CNBC Entrepreneur Behind Microsoft’s Wunderlist Raised $11M - Read Why

Benzinga

A Peek Into The Markets: US Stock Futures Down Ahead Of March Inflation Report

Pre-open movers U.S. stock futures traded lower in early premarket trade after the Nasdaq Composite index closed at 13,411.96, a dip of almost 300 points. Investors are awaiting the annual inflation number for March, which is forecasted at 8.4%, a steep rise from 7.9% in February.

Benzinga

Microsoft Allegedly Exploited Its Influence To Gain Edge Over Amazon, Google, Alibaba: Bloomberg

Some Microsoft Corp (NASDAQ:MSFT) customers and rivals alleged that Microsoft repeatedly used its leverage over one market to hinder competition in another, Bloomberg reports. Microsoft’s practices cut across cloud computing, where it played catch-up, and productivity software, where it dominated. The Windows operating system held a 96% share of the personal-computer market in 2021,…

Benzinga

Entrepreneur Behind Microsoft's Wunderlist Raised $11M - Read Why

German entrepreneur Christian Reber who sold his to-do list app Wunderlist to Microsoft Corp (NASDAQ:MSFT) in 2015, raised funding for a follow-on app called Superlist, CNBC reports. Reber secured €10 million ($11 million) in a seed funding round led by venture capital firm EQT Ventures, reaching a total of €13.5 million. Superlist will…

Benzinga

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China Starts Issuing Videogame Licenses Again: WSJ

China’s videogame regulator has started granting publishing licenses to new titles, ending a months-long freeze in the world’s largest mobile game market, the Wall Street Journal reported. The country stopped issuing licenses in July 2021, after Beijing tightened rules on the industry. The report noted approved 45 videogames last week, including…

Benzinga

Honda Motor Earmarks $64B Over 10 Years On EV Push, Firing Up Rivalry With Tesla

Honda Motor Co Ltd (NYSE:HMC) looks to spend ¥8 trillion ($64 billion) on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030. Honda's goals include producing 2 million EVs a year by 2030 to gain a share in the fast-growing…

Benzinga

Why Organigram Shares Are Trading Higher Today? Posts Record High Net Revenue In Q2, Still Among Top Canadian LPs

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of the cannabis company Organigram Inc, announced its results for the second quarter ended February 28, 2022.

Benzinga

Tesla Wrests SUV Leadership In China; Model Y Tops Category In Q1

Tesla, Inc. (NASDAQ: TSLA) has come out on top in China, one of its key markets.

Benzinga

Bosch Halts Production At Two China Plants: Reuters

German auto parts supplier Bosch has halted production in the Chinese cities of Shanghai and Changchun following COVID-19 curbs, Reuters reported. Bosch has closed shutters at a Thermotechnology factory in Shanghai and an automotive components site in Changchun in northeastern Jilin province. The report noted two other plants in Shanghai and Taicang city…

Benzinga

Ditch Apple, Google And Buy Shares In These Sectors Instead, Says Cramer

Investors should shun FAANG and Big Tech stocks such as Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) and turn to value

Benzinga

Another Analyst Gets Cautious Ahead Of Netflix's Q1 After Baird, Stifel

Truist analyst Matthew Thornton lowered the price target on Netflix Inc (NASDAQ: NFLX) to $409 from $470 ahead of its Q1 results. The price target implied an upside of 17.5%.

Benzinga

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Benzinga

Aeglea Bio Stock Gains On Additional Pegzilarginase Data For Rare Metabolic Disease

Aeglea BioTherapeutics Inc (NASDAQ:AGLE) shared additional data from the PEACE Phase 3 study evaluating Pegzilarginase in Arginase 1 Deficiency. Arginase-1 deficiency is a rare inherited disorder characterized by a complete or partial lack of the enzyme arginase in the liver and red blood cells. Arginase plays a role in the breakdown and removal…

Benzinga

Tesla Rival Xpeng Puts Up Special P7 Edition For Sale: Here's What You Need To Know

U.S.

Benzinga

Why This Analyst Is Recommending Owning Apple Shares Ahead Of March Quarter Results

Reports of production disruptions at major suppliers have left Apple, Inc. (NASDAQ: AAPL) may have some investors worried but an analyst at KeyBanc Capital Markets is confident of Cupertino turning in another strong quarter when it reports later this month.

Benzinga

Why This Nano-Cap Healthcare Stock Spiked Over 80% After-Hours Today

Shares of Biodesix, Inc. (NASDAQ: BDSX), a lung disease-focused diagnostics company, skyrocketed in after-hours trading on Monday.

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Benzinga

Why Tesla Rivals Nio, Xpeng Are Going Higher In Hong Kong Today

Shares of U.S.-listed Chinese electric automakers Nio Inc. (NYSE: NIO) and Xpeng Inc.

Benzinga

Netflix Rolls Out 'Double Thumbs Up' Feature — To Let Users Show What They Really, Really Like

Netflix Inc (NASDAQ: NFLX) is introducing what it calls a “Double Thumbs Up” button which can help its subscribers indicate the kind of series and films they want to see more in the future.

Benzinga

Tesla Said To Submit Plan For 100,000-Sq-Ft Sales And Delivery Center In This Florida City

Tesla Inc (NASDAQ: TSLA) has proposed to open a 100,000-square-feet sales, service and delivery center in St.

Benzinga

Cathie Wood Trims Twitter Stake By $8.7M As Elon Musk Declines Board Seat

Cathie Wood’s Ark Investment Management on Monday lowered its exposure to Twitter Inc (NYSE: TWTR), a day after billionaire entrepreneur and Tesla Inc (NASDAQ: TSL

Benzinga

Why Bitcoin- And Ethereum-Related Stocks MicroStrategy And Riot Blockchain Fell Today

Shares of crypto-related stocks, including MicroStrategy Incorporated (NASDAQ: MSTR), Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ:

Benzinga

These Are The Most Popular Streaming Apps For Millennials (And No, Netflix Isn't No. 1)

A new list shows the most popular streaming apps for users in the U.S. based on their age. Among the highlights are that several of the top streaming apps are not the ones users would guess top the list.

Benzinga

Hoth Therapeutics Plunges Afterhours On Secondary Public Offering Of Common Stock

Hoth Therapeutics Inc (NASDAQ:HOTH) says it has commenced an underwritten public offering. Details were not disclosed. The company's proposed offering of the common stock is being offered under a "shelf" registration statement on Form S-3 filed with SEC and declared effective by the SEC on March 11, 2020. A prospectus supplement describing…

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