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US stocks have looked strong in the first half of the year and with gains of over 36%, the Nasdaq 100 is headed for its best first half ever. Here’s what analysts predict for the markets in the back half of the year. US stocks entered 2023 on a negative note after the Nasdaq lost…
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The start of the overnight trading session on Wednesday evening registered a sharp spike in futures contracts tied to the major U.S. stock indexes. Hours after the Nasdaq Composite clinched its 25th record close for 2020, stock futures Dow Jones Industrial Average futures climbed 50 points at the start of the overnight session, which can…
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As the race towards developing a vaccine for COVID-19 intensifies, Spanish Pharma Mar (PHMR.MC) has become the latest biotech company looking at listing on New York’s Nasdaq market. If this happens it will join a growing number of biotech companies aiming to capitalize on investors’ interest in the booming sector as it tests one of…
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The Nasdaq Composite index closed above 10,000 points for the first time on Wednesday, even as the Federal Reserve warned that the US recovery from the coronavirus recession “is going to take some time”. The tech-laden index ended the day at a record 10,020.35, led by share trading in heavyweights such as Apple, Amazon, Microsoft…
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Nasdaq plans to tighten its initial public offering (IPO) rules, a move that will make it harder for some Chinese companies to float on its stock exchange, according to reports. The measure is driven by concerns over lack of accounting transparency among recently listed Chinese firm in the US and represents another flashpoint between the…
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Datadog has recently announced they are looking to raise $648 million through an Initial Public Offering (IPO). The firm priced 24 million shares at $27 each. This shows there was an increase compared to previous targets that included prices between $19 and $22 per share. Datadog Announces IPO Launch As per the company, the goal…
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The Tesla Model 3 is outperforming other competitors in terms of sales, according to data provided by EV Volumes. Telsa is currently selling over 2.5x more cars than its closest competitor, the BJEV EU-Series EV. Tesla Model 3 Sales Boom According to EV Volumes, 128,000 units of Tesla Model 3 were sold during the first…
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The highly anticipated IPO of WeWork has landed in the doldrums. Despite its challenges, WeWork is marching towards a public listing. A NASDAQ listing for WeWork The We Company, WeWork’s parent will list on NASDAQ, the home of American tech-oriented companies. It is expected to market the listing next week to create some buzz for…
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The recently launched Shangai Stock Exchange’s STAR Market, based off of the United States NASDAQ market, is performing quite well. The space is focused on technology stocks and currently lists 25 companies as of now. And, since its start, stock prices have performed so well that they’ve even doubled their initial stance. Growing The Local…
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Following two days of losses, stock markets rose sharply at the end of the week amid stronger than expected jobs addition. The U.S. added almost 263,000 new jobs in April compared to expectations of 180,000 while the unemployment rate plunged to the lowest since December 1969. Investors applauded jobs addition as the average growth in…
