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The Latest Breaking News from Nasdaq

Here's Why This Analyst Found MongoDB Well-Positioned For Further Share Gains

The financial analyst day, product sessions, and customer discussions at MongoDB, Inc (NASDAQ:MDB) World in New York increased confidence in Piper Sandler analyst Brent A. Bracelin. Bracelin found MDB well-positioned for further share gains within the $78 billion+ database management systems market. The combination of new product enhancements, including Atlas Serverless, Relational Migrator tool, and…

Benzinga

Why This Novavax Analyst Remains Bearish After COVID Vaccine Panel Vote

A Bank of America analyst remains bearish on Novavax, Inc (NASDAQ: NVAX) after a regulatory panel approved Novavax’s Emergency Use Authorization request fo

Benzinga

Capstone Bags Two EaaS Contracts From Cryptocurrency Mining Company

Capstone Green Energy Corp (NASDAQ:CGRN) distributor for the Mid-Atlantic and Southeastern U.S. and the Caribbean, E-Finity Distributed Generation, secured two new 36-month Energy-as-a-Service (EaaS) contracts from a cryptocurrency mining company. Financial terms were not disclosed. Capstone said it focuses on growing the EaaS business model as it provides higher margins and more constant…

Benzinga

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Key Takeaways From Baidu's First EV Launch

Baidu, Inc (NASDAQ:BIDU) electric vehicle arm Jidu Auto launched a "robot" concept car via an online press conference held on Baidu's metaverse-themed app Xirang. It is the first vehicle to be revealed by a Chinese internet company. The concept car is free of door handles and is fully controlled via voice recognition, Reuters reports.…

Benzinga

6 Analysts Have This to Say About Bed Bath & Beyond

Within the last quarter, Bed Bath & Beyond (NASDAQ:BBBY) has observed the following analyst ratings:

Benzinga

SELLAS Life Sciences's Galinpepimut/Opdivo Combo Shows Increased Survival In Mesothelioma Patients

SELLAS Life Sciences Group Inc (NASDAQ:SLS) announced updated data from a Phase 1 clinical trial of galinpepimut-S (GPS), combined with Bristol-Myers Squibb Co's (NYSE:BMY) nivolumab (Opdivo) in with malignant pleural mesothelioma (MPM). The trial included patients who were either refractory or relapsed after at least one line of the standard of care therapy. Data from…

Benzinga

This Is What Whales Are Betting On Palo Alto Networks

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). 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.

Benzinga

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Tiziana Life Sciences Shares Jump After Multiple Sclerosis Data From Second Patient

Tiziana Life Sciences (NASDAQ: TLSA) reported clinical results from the second patient with Secondary Progressive Multiple Sclerosis (SPMS) in the ongoing study as part of an expanded access program.

Benzinga

Check Out What Whales Are Doing With PYPL

A whale with a lot of money to spend has taken a noticeably bearish stance on PayPal Holdings. Looking at options history for PayPal Holdings (NASDAQ:PYPL) we detected 11 strange trades.

Benzinga

Expert Ratings for Carlyle Group

Within the last quarter, Carlyle Group (NASDAQ:CG) has observed the following analyst ratings:

Benzinga

Farmmi Wins Export Order For Canada

Farmmi Inc (NASDAQ:FAMI) has won a new sales order for its dried Shiitake mushrooms for export to Canada. The financial terms were not disclosed. “We are capitalizing on our many active, long-term customer engagements to help convert new customers in our target geographic markets worldwide,” said Chairwoman and CEO Yefang Zhang. Farmmi is…

Benzinga

Sypris Bags Follow-On Contract For Electronic Warfare System Upgrade

Sypris Solutions Inc (NASDAQ:SYPR) subsidiary, Sypris Electronics LLC, has bagged a multi-year, follow-on award from a U.S. Department Of Defense contractor to produce and test multiple power supply modules. Terms of the agreement were not disclosed. Sypris will produce power supply modules to upgrade the electronic warfare suite for an important U.S.…

Benzinga

Formula One Excitement Bodes Well For Shareholders As Rights Deal, Brad Pitt Film Move Forward

Shareholders of Liberty Formula One (NASDAQ: FWONA)(NASDAQ: FWONK) could soon be excited as the global racing league continues to expand and grow its viewership across the U.S.

Benzinga

Elon Musk's Financing Efforts For Twitter Deal On Hold Amid Uncertainty: Report

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s fundraising efforts for his $44 billion Twitter Inc (NYSE: TWTR) take-private bid have been put on hold due to uncertainty ov

Benzinga

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Benzinga

Why Nikola Shares Are Rising

Nikola Corporation (NASDAQ: NKLA) shares are trading higher after Walmart Inc. (NYSE: WMT) announced a proof of concept with the company to expand its transportation partnerships to reduce emissions.

Benzinga

Daktronics Clocks 39% Sales Growth In Q4; Warns On Volatile Supply Chain, Labor Conditions

Daktronics, Inc. (NASDAQ:DAKT) reported fourth-quarter FY22 net sales growth of 38.8% year-over-year to $162.2 million, beating the consensus of $146.10 million. Orders for the quarter increased 67% Y/Y. The gross margin was 18.5% for Q4 compared to 23.6% a year earlier, and the operating margin was breakeven, compared to 1% for 4Q21. EPS…

Benzinga

Spirit Airlines Postpones Vote On Frontier Merger Following JetBlue's New Takeover Bid

Spirit Airlines Inc. (NYSE: SAVE) has abruptly postponed its Friday stockholder vote on its merger with Frontier Group Holdings (NASDAQ: ULCC) after JetBlue Airways (NASDAQ:

Benzinga

Why Loyalty Ventures Shares Are Getting Hammered Today

Loyalty Ventures Inc (NASDAQ: LYLT) shares are trading lower by 49.68% at $5.54 after the company said it will reevaluate its 2022 revenue and EBITDA guidance and said its AIR MILES reward program and AIR MILES sponsor Sobeys were unable to align on extension terms.

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Benzinga

Rave Restaurant Promotes Mike Burns To EVP & COO

Rave Restaurant Group Inc (NASDAQ:RAVE) has appointed Mike Burns as Executive Vice President and Chief Operating Officer, effective June 27, 2022. Burns previously served as Rave's Chief Operations Officer (COO). Before joining Rave, Burns served as VP of Operations for Pei Wei, and led a team of multi-unit operators responsible for 80 restaurants.…

Benzinga

Cantourage And Clever Leaves Intensify Partnership For Distribution Of Medical Cannabis In Germany

Cantourage GmbH and Clever Leaves Holdings Inc. (NASDAQ: CLVR) (NASDAQ: CLVRW) have continued to intensify their strategic partnership for the distribution of medical cannabis flowers throughout Germany.

Benzinga

Neptune Wellness To Exit Cannabis Business, Resulting In Firing 50% Of Employees

Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX:NEPT) launched a new consumer packaged goods (CPG) focused strategic plan to reduce costs, improve the company's path to profitability and enhance current shareholder value.

Benzinga

Mid-Morning Market Update: Markets Mostly Lower; Campbell Soup Posts Upbeat Earnings

U.S. stocks traded mostly lower this morning, with the Dow Jones dropping more than 100 points on Wednesday.

Benzinga

Why Limoneira Company Shares Are Rising Today

Limoneira Company (NASDAQ: LMNR) shares are trading higher after the company reported better-than-expected second-quarter EPS results.

Benzinga

Why Rigel Pharmaceuticals Shares Are Falling Today

Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) shares are trading lower after the company announced data from the FORWARD Phase 3 clinical trial of Fostamatinib did not demonstrate statistical significance in the primary efficacy endpoint.

Benzinga

Earnings Preview: Aurora Mobile

Aurora Mobile (NASDAQ:JG) is set to give its latest quarterly earnings report on Thursday, 2022-06-09. Here's what investors need to know before the announcement. Analysts estimate that Aurora Mobile will report an earnings per share (EPS) of $-0.05.

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