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The Latest Breaking News from Nasdaq

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

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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

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

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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.

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

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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…

Benzinga

Here's Why UBS Is Cautious On Microsoft, Alibaba

UBS painted a cautious picture of Microsoft Corp (NASDAQ: MSFT) and Alibaba Group Holding Ltd (NYSE: BABA).

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Benzinga

Fortnite Maker Clocks $32B Valuation After Raising Funds From Sony, Lego

Fortnite maker Epic Games raised $2 billion from Sony Group Corp (NYSE:SONY) and the family-owned holding company behind the Lego Group, reaching a valuation of $31.5 billion, Reuters reports. Sony, an existing investor, and the Kirkbi investment company invested $1 billion to help Epic accomplish its metaverse ambitions. Epic Games essentially lost a trial in…

Benzinga

Former Intel Executive Founded Chipmaker Confidentially Files For US IPO

Former Intel Corp (NASDAQ:INTC) President founded chipmaker Ampere Computing has confidentially filed for a U.S. initial public offering, Reuters reports. Founder Renee James, who serves as Ampere's CEO, also is a board member of Citigroup Inc (NYSE:C) and Oracle Corp (NYSE:ORCL). Chip demand surged during the pandemic with the shift to remote work with GLOBALFOUNDRIES Inc (NASDAQ:GFS) making its public debut. However,…

Benzinga

Eton Pharmaceuticals Names James Gruber Finance Chief

Eton Pharmaceuticals Inc (NASDAQ:ETON) has appointed James Gruber as Chief Financial Officer effective immediately. He succeeds Wilson Troutman, who is retiring. Mr. Troutman will remain with the company through May to ensure a smooth transition. Mr. Gruber, most recently, was the U.S. Controller at Horizon Therapeutics (NASDAQ:HZNP) for seven years, where he oversaw…

Benzinga

Why Veru Shares Are Rising After Hours

Veru Inc (NASDAQ: VERU) shares are trading higher in Monday's after-hours session on continued momentum from the regular session.

Benzinga

3 Stocks That Could Benefit From The Record-Breaking Weekend Of 'Sonic The Hedgehog 2'

The highly anticipated sequel “Sonic the Hedgehog 2” was the box office leader for the weekend and posted some record-breaking numbers. Here are three stocks that could enjoy the success of “Sonic the Hedgehog 2.”

Benzinga

Markets Fall Amid New 2-Year High For 10-Year Treasury Note

U.S. indices fell Monday in anticipation of expected Fed rate hikes this year as the Fed seeks to curb inflation. A rise in bond yields has pressured technology and growth stock valuations. The 10-year Treasury yield hit an intraday and 2-year high of 2.784% Monday morning before dipping to around…

Benzinga

Apple Begins Manufacturing iPhone In India, Marking Setback For China

Apple Inc (NASDAQ:AAPL) has started manufacturing the iPhone 13 in India, Reuters reports. Apple produced the iPhone at a local plant of Apple's Taiwanese contract manufacturer Hon Hai Precision Industry Co Ltd (OTC:HNHAF), operating as Foxconn in Sriperumbudur in Southern Tamil Nadu. Also Read: China's Smartphone Shipment Plunges By 32% In February, Here's Why Apple Could…

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