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The Latest Breaking News from Nasdaq

Sypris Solutions Registers 31% Revenue Growth In Q1; Confirms FY22 Outlook

Sypris Solutions Inc (NASDAQ:SYPR) reported first-quarter FY22 sales growth of 30.9% year-on-year to $26.17 million, beating the consensus of $20.70 million. Revenue was driven by a 32.7% growth for Sypris Electronics and a 30.1% increase for Sypris Technologies. The gross profit increased 148.3% Y/Y to $4.5 million, and the margin for the quarter…

Benzinga

How Genius Brands Stock Looks Following Stan Lee Licensing Deal

Genius Brands International, Inc (NASDAQ: GNUS) gapped up 31% on Wednesday after the company announced it had signed a 20-year deal with

Benzinga

Why Amazon Stock Is Tanking: Is There Any Sign Of Hope?

Amazon.com, Inc (NASDAQ: AMZN) was plunging over 6% lower on Wednesday after four bullish days brought the stock up from a 52- week low of $2,048.11 to top out at the $2,316 mark.

Benzinga

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Mid-Afternoon Market Update: Nasdaq Down Over 500 Points; Crude Oil Falls 2.5%

U.S. stocks extended losses toward the end of trading, with the Nasdaq Composite dipping more than 500 points on Wednesday.

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Why AMD Shares Are Getting Hammered Today

Shares of several companies in the broader technology sector, including Advanced Micro Devices, Inc. (NASDAQ: AMD), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week.

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Franchise Group Adopts $500M Stock Buyback Program

Franchise Group Inc (NASDAQ:FRG) Board of Directors has approved a stock repurchase program of up to $500 million of its shares over the next three years. The actual timing, number, and value of shares, if any, repurchased under the program will be determined by management at its discretion. The company held cash and equivalents…

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What 8 Analyst Ratings Have To Say About MongoDB

Analysts have provided the following ratings for MongoDB (NASDAQ:MDB) within the last quarter:

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Here's Why Borqs Shares Are Trading Higher Today

Borqs Technologies, Inc's (NASDAQ:BRQS) solar plus energy storage systems subsidiary Holu Hou Energy LLC collaborated with a State Agency, the Hawaii Green Energy Infrastructure Authority (HGIA), the Newswires reports. The partners have also won a contract to supply solar plus energy storage systems to Kunia Village's affordable housing community on the island…

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Del Taco Inks New Multi-Unit Deal In The Southeast Region

Jack In the Box (NASDAQ:JACK) owned restaurant chain Del Taco has signed a multi-unit partnership deal with franchisee Sam Abusaleem. Under the deal, Del Taco will add six new locations in the state of Alabama. "Sam and his team have an exceptional experience when it comes to operating multi-unit concepts, paired with a passion…

Benzinga

Walmart Intensifies Rivalry With Google, Amazon By Targeting India's Budding Payments Market

Walmart Inc's (NYSE:WMT) Indian payments unit PhonePe will acquire two wealth management firms for a total enterprise value of $75 million, Bloomberg reports. PhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million. The acquisitions will help broaden PhonePe's offerings in India's budding payments market, where Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL)…

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14 Stocks Moved By Traders on 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

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9 Health Care Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

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Check Out What Whales Are Doing With RIVN

A whale with a lot of money to spend has taken a noticeably bearish stance on Rivian Automotive. Looking at options history for Rivian Automotive (NASDAQ:RIVN) we detected 38 strange trades.

Benzinga

Why This Investor Sold Lululemon Stock Following Target's Earnings

Virtus Investment Partners' Joe Terranova has been slashing positions from his portfolio this week, but he decided to hold Lululemon Athletica Inc (NASDAQ: LULU) through Target Corp's (NYSE:

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EuroDry Clocks 113% Revenue Growth In Q1

EuroDry Ltd (NASDAQ:EDRY) reported first-quarter revenue growth of 113.2% year-over-year to $18.28 million, and Adjusted EPS improved to $3.30 from $0.55 in 1Q21. The operating income increased to $10.24 million, and the margin expanded to 56%, up by 2,011 bps. Adjusted EBITDA was $12.71 million (+217.3% Y/Y) and margin expanded to 69.5%…

Benzinga

Why Nvidia Shares Are Falling Today

Shares of several companies in the broader technology sector, including NVIDIA Corporation (NASDAQ: NVDA), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week.

Benzinga

Why Microsoft Shares Are Falling Today

Shares of several companies in the broader technology sector, including Microsoft Corporation (NASDAQ: MSFT), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week.

Benzinga

Lucid Sets Stage For First Overseas Manufacturing Facility With Partners In Saudi Arabia

Lucid Group Inc (NASDAQ:LCID) has set the stage for constructing AMP-2, a production factory in Saudi Arabia with a capacity of 155,000 electric vehicles. The agreement is estimated to provide financing and incentives to Lucid up to $3.4 billion in aggregate over the next fifteen years to build and operate a manufacturing…

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Benzinga

Google's Russia Subsidiary To File For Bankruptcy

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's Russian subsidiary looks to file for bankruptcy, unable to pay employees and suppliers, the Wall Street Journal reports. An earlier move by authorities to seize its bank account made it difficult to continue operations in the country. Google had already paused most of its commercial operations in Russia, including…

Benzinga

Applied Molecular Cuts Its Workforce By 40%, Pauses Early-Stage Research Programs

Applied Molecular Transport Inc (NASDAQ:AMTI) will prioritize the advancement of AMT-101 into late-stage clinical development. It is preparing for the end of Phase 2 meetings with the FDA to advance AMT-101 to Phase 3 in chronic pouchitis. Applied Molecular is evaluating the next steps for AMT-126, which recently demonstrated safety and tolerability in…

Benzinga

Keros Therapeutics Posts Preliminary Data Early-Stage KER-012 Trial

Keros Therapeutics Inc (NASDAQ:KROS) announced preliminary topline results from Part 1 of its Phase 1 trial evaluating single and multiple ascending doses of KER-012 in healthy postmenopausal volunteers. KER-012 was generally well tolerated in Part 1 at dose levels up to 5 mg/kg, the highest dose level tested when administered as a single…

Benzinga

AgriFORCE Completes Acquisition Of Intellectual Property From Manna Nutritional

AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) has completed the previously announced acquisition of the intellectual property (IP) of Manna Nutritional Group (MNG). The IP encompasses patent-pending technologies to naturally process and convert grain, pulses, and root vegetables, resulting in low-starch, low-sugar, high-protein, fiber-rich baking flour products. The core process is covered under a pending patent application…

Benzinga

Here's Why Investors Should Keep An Eye On Sundial Stock, Analyst's Thoughts Post Q1 Earnings

On Monday, Canadian cannabis LP Sundial Growers Inc. (NASDAQ: SNDL) released its

Benzinga

Short Volatility Alert: Atea Pharmaceuticals

On Tuesday, shares of Atea Pharmaceuticals, Inc. (NASDAQ: AVIR) experienced volatile short activity. After the activity, the stock price went down -1.73% to $7.38. The overall sentiment for AVIR has been Bullish.

Benzinga

Short Volatility Alert: Calithera Biosciences

On Tuesday, shares of Calithera Biosciences (NASDAQ: CALA) experienced volatile short activity. After the activity, the stock price went up 1.95% to $0.2192. The overall sentiment for CALA has been Bullish.

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