Tag: trading
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Ex-congressman George Santos banned from betting platform Kalshi for life
The prediction market operator Kalshi says Santos made barred trades and misleading comments that influenced prices.
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Fast-fashion retailer Shein shares fall more than 10% in pre-debut trading
HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein slumped more than 10 per cent in gray-market trading on Monday, one day ahead of its Hong Kong Stock Exchange debut.The company raised $1.7 billion at HK$48.56 a share, valuing it at about $26.5 billion, according to sources who declined to be i
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Fast-fashion retailer Shein shares fall at least 10% in pre-debut trading
HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein dropped more than 10 per cent in gray-market trading on Monday ahead of its Hong Kong Stock Exchange debut on Tuesday. The company raised $1.7 billion at HK$48.56 a share, valuing the company at about $26.5 billion, sources told Reuters. Shein’
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Hong Kong exchange to launch Shein derivatives after trading debut next week
Aug 28 : Hong Kong’s bourse operator will allow short selling of Shein’s shares after the fast-fashion retailer makes its trading debut on September 1 as well as launch weekly and monthly options and derivative warrants, it said on Friday. Here are some details:• Shein weekly and monthly options will
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Momentum, leveraged trading keep software stocks on roller coaster
Aug 26 : U.S. software shares have been on a roller coaster and more wild rides likely lie ahead, thanks to AI-driven uncertainty and the rise of trading strategies that investors say are accentuating the swings in popular technology sectors. After hitting a record high on October 28, the S&P 500 software and
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Who does Iran trade with and what could Trump’s ‘economic D-Day’ mean?
Iran is no stranger to US sanctions and has developed deep economic ties with several countries.
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SpaceX stock climbs as shares available for trading more than double
Aug 6 : SpaceX stock rose in heavy trading on Thursday, as the number of shares available for public trading more than doubled following the expiry of the first of several lockup restrictions.The internet and rocket company’s stock was up 1.4 per cent at $109.86, with over $23 billion worth of the shares exch
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What is Trump Media’s Truth API and why is it controversial?
Trump Media & Technology Group (TMTG) has set up a paid service to give Wall Street firms access to Truth Social’s most influential accounts.
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Crypto exchange Coinbase logs third straight quarterly loss on trading slowdown
July 30 : Coinbase Global posted a third straight quarterly loss on Thursday, hurt by lower trading volumes as a prolonged downturn in cryptocurrency markets curbed trading activity.Shares of the crypto exchange were down 5.3 per cent in trading after the bell. Cryptocurrency markets came under pressur
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Robinhood beats quarterly profit estimates as trading activity remains robust
July 29 : Robinhood Markets beat Wall Street estimates for second-quarter profit on Wednesday, as robust trading in equities, options and prediction markets helped offset weakness in cryptocurrency trading.Retail trading remained robust during the quarter as heightened market volatility, driven in part by the
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