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The Latest Breaking News from Nasdaq

Geely Acquires Major Stake in Smartphone Maker Which Has Alibaba Connection

Billionaire Li Shufu controlled satellite-to-automobile group Geely Automobile Holdings Ltd (OTC:GELYY), purchased a majority stake in Chinese smartphone maker Meizu Technology Co, the Caixin Global reports. Geely's Hubei Xingji Shidai Technology Co division bought a 79% stake in Meizu from Meizu's founder and a unit of Alibaba Group Holding Limited (NYSE:BABA). The financial terms of…

Benzinga

Here's Why Sonim Shares Are Trading Up Premarket

Sonim Technologies, Inc (NASDAQ:SONM) won multiple additional purchase orders worth $6.4 million for stocking inventory of its upcoming XP5plus feature phone with enhanced PTT capabilities and next-generation XP10 5G rugged smartphone. Sonim bagged the orders from a top U.S. carrier customer and two Canadian carriers adding to previously announced initial stocking orders for $9.5 million…

Benzinga

HEXO, Tilray Brands Amend Transaction Agreement, Here Are The Details

HEXO Corp. (TSX:HEXO) (NASDAQ: HEXO) has entered into an amending agreement to the transaction agreement with Tilray Brands, Inc. (NASDAQ:

Benzinga

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The Daily Biotech Pulse: FDA Nod For Lilly-Incyte's Patchy Hair Loss Treatment, First Regulatory Submission For EQRx, Soleno's Promising Data From Prader-Willi Candidate

Here's a roundup of top developments in the biotech space over the last 24 hours:

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 14

CNBC

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Motorcar Parts of America: Q4 Earnings Insights

Motorcar Parts of America (NASDAQ:MPAA) reported its Q4 earnings results on Tuesday, June 14, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

3 Stocks Under $1 Insiders Are Buying

The Nasdaq Composite dropped by more than 500 points on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall…

Benzinga

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Apple Has Turned Into Mobile Web's 'Most Significant Roadblock': Telegram Founder Calls For Regulation

Apple, Inc. (NASDAQ: AAPL) has been facing increasing regulatory scrutiny in several countries over its anticompetitive practices.

Benzinga

10 Biggest Price Target Changes For Tuesday

Piper Sandler reduced Braze, Inc. (NASDAQ: BRZE) price target from $65 to $42. Tesla shares rose 5.8% to $31.10 in pre-market trading.

Benzinga

Kraft Heinz And 2 Other Stocks Insiders Are Selling

US stock futures traded higher this morning on Tuesday after recording sharp losses in the previous session. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Ryanair CEO Expects Summer Rates To Increase By 7-9% Compared To 2019: Reuters

Ryanair Holdings (NASDAQ:RYAAY) Chief Executive Michael O'Leary stated that bookings are strengthening, and he expects summer fares to be between 7% and 9% higher than pre-pandemic levels, reported Reuters. In an interview with Reuters, he predicted that the load factor, a measure of how well an airline fills available seats, should be…

Benzinga

Why Outset Medical Shares Are Trading Lower Today

Outset Medical Inc (NASDAQ:OM) implemented a shipment hold on the distribution of its Tablo Hemodialysis System for home use pending the FDA review and clearance of a 510(k). The company submitted for changes made since the device's original March 2020 clearance. Outset has not identified any safety issues with Tablo. It will continue…

Benzinga

Recap: Coda Octopus Group Q2 Earnings

Coda Octopus Group (NASDAQ:CODA) reported its Q2 earnings results on Tuesday, June 14, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Benzinga

Elon Musk Gives Timeline On Tesla FSD 10.13 Beta Release

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday confirmed that the electric vehicle maker's full self-driving (FSD) Beta version 10.13 would be released in two weeks.

Benzinga

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SpaceX Gets One Step Closer To First Starship Orbital Test Flight

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-owned SpaceX said on Monday that it is now a step closer to the first orbital flight test of its Starship from the Boca Chica launch site in Texas following a key Federal Aviation Administ

Benzinga

Why Soleno Therapeutics Shares Are Surging Today

Soleno Therapeutics Inc (NASDAQ:SLNO) presented new data from its ongoing late-stage DCCR development program for Prader-Willi syndrome (PWS) at ENDO 2022. A chronic feeling of insatiable hunger characterizes PWS. Patients (n=82) experienced improvements in body composition, as evidenced by statistically significant changes in lean body mass and the ratio of lean body mass…

Benzinga

20 Stocks Moving in Tuesday's Pre-Market Session

Gainers Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) rose 48.5% to $2.57 in pre-market trading after the company reached an agreement with Phillip Morris for international electronic nicotine delivery system product distribution.

Benzinga

A Peek Into The Markets: US Stock Futures Higher Following Monday's Sell-Off; Fed Meeting In Focus

Pre-open movers

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Tesla To Begin Getting Battery Deliveries From Warren Buffett-Backed EV Company Next Year: Report

Warren Buffett-backed BYD Co (OTC: BYDDY) will begin mass supplying batteries for Tesla Inc’s (NASDAQ: TSLA) Model Y as early as next year, CnEV

Benzinga

93 Biggest Movers From Yesterday

Gainers Day One Biopharmaceuticals, Inc. (NASDAQ: DAWN) shares surged 126% to close at $14.96 on Monday after the company announced initial data from the pivotal FIREFLY-1 trial of tovorafenib in relapsed pediatric low-grade glioma showed an overall response rate of 64%.

Benzinga

5 Stocks To Watch For June 14, 2022

Some of the stocks that may grab investor focus today are:

Benzinga

Apple's iPhone 14 Front Camera Upgrade: 7 Suppliers That Stand To Benefit

Apple Inc. (NASDAQ: AAPL) is widely expected to upgrade the iPhone 14's front camera from the existing fixed-focus to auto-focus.

Benzinga

Amazon-Backed Tesla Rival Said To Delay EV Deliveries Amid Supply Challenges

Rivian Automotive, Inc. (NASDAQ: RIVN) could be facing a setback with its R1S SUV that was launched in December.

Benzinga

Tesla Lays Off Singapore Manager A Year After Hiring Him

Tesla Inc (NASDAQ: TSLA) has let go of its country manager in Singapore just a year after the electric vehicle maker hired Christopher Bousigues for the position.

Benzinga

How Low Does Bitcoin Have To Fall Before MicroStrategy Is Forced Out Of Its Massive Pile Of Coins?

MicroStrategy Incorporated (NASDAQ: MSTR) is the biggest Bitcoin (CRYPTO: BTC) holder among U.S.

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