Tag: nasdaq
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S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff
NEW YORK: US stocks tumbled on Thursday (Oct 22) and the Nasdaq posted its steepest daily drop since early June as a batch of high-profile earnings reports ignited fresh fears about the AI spending race.The S&P 500 ended deep in negative territ
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European stocks fall on unrest in France as Nasdaq bounces
NEW YORK: Paris and Milan equities led a retreat across European stock markets Monday (Oct 19) as escalating violence across France and street clashes in Italy’s financial capital fuelled concerns over elevated debt.Most sectors were dragged lower, while there was renewed selling of bonds
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Nasdaq opens higher after last week’s pullback
NEW YORK: Tech shares were on the upswing early Monday (Oct 19) as investors opened the week by taking advantage of last week’s pullback in the Nasdaq.Last week’s 4.5 per cent decline in the Nasdaq set the stage for a “buy-the-dip bid,” said Briefing.com analyst Patrick O’Hare.
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Nasdaq slides to near one-month low as AI rout deepens
NEW YORK: The Nasdaq fell to near one-month lows on Thursday (Oct 15), weighed by a worsening selloff in AI-linked stocks on fears rising interest rates could impact artificial-intelligence investments, and fresh data pointing to building US price pressures.The S&P 500 and the Nasd
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AI infra firm Accelevation’s shares fall in tepid Nasdaq debut
Sept 30 : Data center infrastructure firm Accelevation fell 2.5 per cent in its Nasdaq debut on Wednesday, after pricing its IPO below its marketed range, signaling that investors are turning cautious on the AI story as spending uncertainty looms. Accelevation provides power distribution, cooling, structural
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May Mobility to list on Nasdaq via $1.4 billion SPAC deal
Sept 16 : Autonomous ride-hailing technology firm May Mobility has agreed to go public in the U.S. through a $1.4 billion deal with blank-check firm ACP Holdings Acquisition, the companies said on Wednesday.Developers of autonomous driving systems are attracting growing interest from investors and automakers
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Nasdaq to invest $100 million in Kraken parent to deepen tokenization push
Sept 10 : Nasdaq said on Thursday its venture arm agreed to invest $100 million in Payward, parent company of cryptocurrency exchange Kraken, deepening a partnership aimed at developing infrastructure for trading tokenized equities.Established exchange operators are developing tokenized securities and rela
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Pasqal shares leap as French quantum firm makes Nasdaq debut
Aug 28 : Shares of French quantum-computing company Pasqal rose by as much as 73 per cent in their Nasdaq debut on Friday before paring gains to trade 40 per cent higher.Pasqal, one of Europe’s most significant contenders in the race to build commercially useful quantum computers, began trading after merging
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Wall Street closes down sharply after Fed holds rates unchanged
Wall Street ended sharply lower on Wednesday (Jul 29) after the Federal Reserve held interest rates steady, with AI-related chip stocks adding to recent declines ahead of quarterly reports
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South Korean chip giant SK hynix surges on first day of trading on Wall Street
SK hynix’s NASDAQ listing raised US$26.5 billion, making it one of the largest stock sales in history.
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