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The Latest Breaking News from Nasdaq

TENX: 1Q:22 Financial and Operational Review

By John Vandermosten, CFA NASDAQ:TENX READ THE FULL TENX RESEARCH REPORT

Why SpringWorks Shares Are Soaring Today Premarket

Why SpringWorks Shares Are Soaring Today Premarket

SpringWorks Therapeutics Inc (NASDAQ: SWTX) has announced positive topline results from the DeFi Phase 3 trial evaluating nirogacestat in adult patients with progressing desmoid tumors.

The Daily Biotech Pulse: INmune Bio's Planned Alzheimer's Trial On FDA Hold, Caladrius Stops Enrollment In Heart Disease Study, BiomX Restructures

The Daily Biotech Pulse: INmune Bio's Planned Alzheimer's Trial On FDA Hold, Caladrius Stops Enrollment In Heart Disease Study, BiomX Restructures

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

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Dexcom In Talks To Acquire Insulet, Create a Giant In Diabetes Devices: Bloomberg

Dexcom Inc (NYSE:DXCM) is reportedly in talks to acquire medical-device company Insulet Corporation (NASDAQ: PODD) to create a giant in diabetes devices, according to people with knowledge of the matter. According to Bloomberg, talks between the companies are ongoing, and an agreement could be reached in the coming weeks. Discussions could still be delayed or fall…

Morning Brief: Top Financial Stories Dominating on Tuesday, May 24

Canadian Solar Misses Q1 Revenue Amid Challenging Operating Environment

Canadian Solar Inc (NASDAQ:CSIQ) reported first-quarter FY22 revenue growth of 15% year-on-year to $1.25 billion, missing the consensus of $1.31 billion. Higher solar shipment volumes and ASP and a significant increase in the battery storage solutions business drove the growth. Solar module shipments of 3.63 GW, up 42% Y/Y, were in line with…

Recap: Petco Health and Wellness Q1 Earnings

Petco Health and Wellness (NASDAQ:WOOF) reported its Q1 earnings results on Tuesday, May 24, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

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Recap: Ituran Location & Control Q1 Earnings

Recap: Ituran Location & Control Q1 Earnings

Ituran Location & Control (NASDAQ:ITRN) reported its Q1 earnings results on Tuesday, May 24, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Recap: Canadian Solar Q1 Earnings

Recap: Canadian Solar Q1 Earnings

Canadian Solar (NASDAQ:CSIQ) reported its Q1 earnings results on Tuesday, May 24, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

10 Biggest Price Target Changes For Tuesday

10 Biggest Price Target Changes For Tuesday

Needham reduced WalkMe Ltd. (NASDAQ: WKME) price target from $40 to $20. WalkMe shares dropped 8.1% to close at $12.20 on Monday.

iMedia Brands Clocks 37% Top-Line Growth In Q1; Reiterates FY22 Outlook

iMedia Brands Clocks 37% Top-Line Growth In Q1; Reiterates FY22 Outlook

iMedia Brands Inc (NASDAQ:IMBI) reported first-quarter FY22 sales growth of 37% year-on-year to $154.5 million, marginally beating the consensus of $154.44 million. Total 12-month rolling active customers grew by 48% Y/Y, driven by the continued strong customer growth from Christopher & Banks and the addition of the 123tv customer file. The gross margin…

Instagram Undergoes Visual Refresh: Here Are The Details

Instagram Undergoes Visual Refresh: Here Are The Details

True to the adage "necessity is the mother of all invention," the necessity to stay alive in the competitive race has led Meta Platforms, Inc.'s (NASDAQ: FB) Instagram app to do a makeover.

Tesla Bull Cathie Wood Says Bet Against 'Disruptive Innovation' Will Prove Ill-informed, Ill-timed

Tesla Bull Cathie Wood Says Bet Against 'Disruptive Innovation' Will Prove Ill-informed, Ill-timed

Popular stock picker Cathie Wood, who runs Ark Investment Management, said on Monday the current bet against disruptive innovation will prove as ill-informed and ill-timed as the tech and telecom bubble in the late 1990s.

Amazon Shareholders Seek To Question Pay, Tax, Working Conditions in CEO Andy Jassy's First Annual Meet

Amazon Shareholders Seek To Question Pay, Tax, Working Conditions in CEO Andy Jassy's First Annual Meet

Amazon.com Inc (NASDAQ: AMZN) shareholders look to challenge its executive pay, tax transparency, working conditions, and unionization as CEO Andy Jassy faces his first annual meeting,

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Who Can Beat Tesla On EV Sales? This Company CEO Believes So

Volkswagen AG (OTC:VWAGY) CEO Herbert Diess said Volkswagen can overtake Tesla, Inc. (NASDAQ:TSLA) as the world’s largest seller of electric vehicles by 2025, CNBC reported. Stabilizing supply chain woes would help the German carmaker to increase production in the coming months, the CEO said. He expects some relief from the semiconductor supply market to…

Esports Entertainment Q3 Top-Line Miss Street View, Cuts FY22 Revenue Outlook

Esports Entertainment Group Inc (NASDAQ:GMBL) reported third-quarter FY22 sales growth of 190.8% year-on-year, to $15.7 million, missing the consensus of $16.86 million. The gross profit rose 203.2% Y/Y to $9.4 million and the profit margin for the quarter expanded by 500 basis points to 60%. The operating loss for the quarter expanded to…

America's Car-Mart Q4 Earnings Top Estimates

America’s Car-Mart Inc (NASDAQ:CRMT) reported fourth-quarter FY22 sales growth of 26.1% year-on-year to $351.84 million, beating the consensus of $297.23 million. Same-store revenue growth was 24.2% versus 37.6% reported a year ago. Total gross profit per retail unit sold rose 14.2% Y/Y. Selling, general and administrative expenses increased 13.4% to $40.9 million. The…

NetEase Shares Gain Post Q1 On Solid Contributions From Steady Online Game Services

NetEase, Inc (NASDAQ:NTES) reported first-quarter FY22 revenue growth of 14.8% year-on-year to $3.7 billion. Segments and margins: Online game services revenues grew 15.3% Y/Y to $2.7 billion. The gross margin for online game services expanded by 50 bps to 65.1%. Youdao, Inc (NYSE:DAO) revenue decreased 10.4% Y/Y to $189.4 million, and the corresponding gross margin…

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GreenPower Joins Forces With Jupiter Wagon Group To Bring Select EVs To Indian Market

GreenPower Motor Company Inc (NASDAQ:GP) subsidiary EA Green-Power Pvt Ltd has entered into a joint venture with the Jupiter Wagon Group to bring select GreenPower all-electric vehicles to the Indian market. The financial terms were not disclosed. Jupiter manufactures railway wagons, passenger coaches, wagon components, and castings in India. GreenPower's EV Star Cab…

25 Stocks Moving in Tuesday's Pre-Market Session

Gainers BIMI International Medical Inc. (NASDAQ: BIMI) shares rose 136.4% to $1.43 in pre-market trading. BOQI International recently posted a Q1 loss of $0.27 per share.

Here's How You Can Trade 'Thousands Of Tokens' On Coinbase

Coinbase Global Inc (NASDAQ: COIN) has expanded its trading features to support token swaps across two new blockchains.

Partner Communications Clocks 3% Revenue Growth In Q1 Aided By Service Revenue

Partner Communications Company Ltd (NASDAQ:PTNR) reported first-quarter FY22 revenue growth of 3% year-on-year to $269 million. Service revenue rose 8% Y/Y to $217 million, and Equipment revenue fell 15% Y/Y to $52 million. Service revenues for the cellular segment increased 7% Y/Y to $139 million, and the fixed-line segment rose 8% Y/Y to…

Caladrius Biosciences Stops Enrollment In Mid-Stage Heart Disease Study

Caladrius Biosciences Inc (NASDAQ:CLBS) suspended patient enrollment in its Phase 2b FREEDOM Trial of Xowna for coronary microvascular dysfunction (CMD). As previously communicated, the pandemic impacted the enrollment in the FREEDOM Trial coupled with supply chain issues making enrollment much slower and challenging to accelerate. The FREEDOM trial enrolled approximately one-third of the…

A Peek Into The Markets: US Stock Futures Lower Following Monday's Surge

Pre-open movers

Can A Lost Apple Watch Lead To Credit Card Fraud? Disney Visitor Says She Lost $40,000

A visitor to a Walt Disney Co (NYSE: DIS) theme park has said she lost $40,000 in credit card fraud after losing a wearable made by Apple Inc (NASDAQ: AAPL).

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