News

Nasdaq To Outperform NYSE In Record Year For Initial Public Offerings

Nasdaq Inc (NDAQ.O) is expected to outperform rival New York Stock Exchange (NYSE) in terms of initial public offers (IPOs) this year, with companies raising record amounts of capital through new stock flotations in the US. This year, Nasdaq Inc. is expected to outperform the New York Stock Exchange in terms of initial public offerings, …

Nasdaq To Outperform NYSE In Record Year For Initial Public Offerings Read More »

Nasdaq Down Over 2% As Tech Stocks Fall At The Conclusion Of A Volatile Week

Mixed jobs statistics, uncertainty surrounding the Omicron coronavirus variety, and the route of the Federal Reserve’s policy tightening dragged on Wall Street’s main stocks on Friday, with the Nasdaq falling more than 2%. The S&P 500 technology index (.SPLRCT) fell 1.9 percent, outperforming the other 11 major sectors. Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Alphabet …

Nasdaq Down Over 2% As Tech Stocks Fall At The Conclusion Of A Volatile Week Read More »

Asia’s Stock Markets Are Falling As Moderna’s CEO Issues A Warning About Omicron

Investors are concerned that the Omicron form would prove more resistant to vaccines, causing more broad global economic damage. Asian stock markets fell significantly in late trade, giving up earlier gains. On Monday, the region’s market followed Wall Street’s strong lead, which reacted favorably to news from US President Joe Biden that future lockdowns as …

Asia’s Stock Markets Are Falling As Moderna’s CEO Issues A Warning About Omicron Read More »

Shares Of Macau Casino Dropped As A Result Of The Arrests

Macau casino stock dropped on Monday, bounced by the detentions of 11 people over claimed cross-border betting and financial fraud connections, with the creator of the gaming hub’s largest junket provider suspected to be among those held in custody. MGM China (2282.HK) dropped 11%, Wynn Macau (1128.HK) dropped 9%, and Sands China (1928.HK) dropped 6% …

Shares Of Macau Casino Dropped As A Result Of The Arrests Read More »

China Demands That Didi Be Removed From The US Exchanges Due To Security Concerns

Due to data security fears, Chinese authorities have inquired top leaders at Didi Global Inc (DIDI.N) to come up with a plan to de-list from the New York Stock Exchange. According to folks familiar with the issue, Chinese authorities have asked Didi Global Inc.’s leading executives to come up with a plan to disband from …

China Demands That Didi Be Removed From The US Exchanges Due To Security Concerns Read More »