Page 7 - Latest Updates on Nasdaq
NASDAQ can play key role in attracting global investors to India: Official
The NASDAQ official said there is a fairly obvious focus on India now as it becomes more difficult to invest in China.
Cognizant Q3 profit down 16.5%, 2023 revenue guidance at -0.7% to flat
The revenue for the fourth quarter is expected to be in the range of $4.69-$4.82 billion, a decline of 4 per cent to 1.2 per cent in constant currency
Nasdaq, S&P 500 edge higher as Amazon, Intel lift beaten-down megacaps
Core inflation which excludes volatile food and energy components rose 0.3%, meeting estimates
Instacart goes from supermarket to stock market, raising $660 mn with IPO
The San Francisco-based grocery delivery company raised $660 million in its initial public offering of stock, selling 22 million shares at $30 apiece
SoftBank's Arm eyes $62 billion valuation in likely stellar Nasdaq debut
Its stock opened at $56.1 per American Depositary Share compared with the initial public offering (IPO) price of $51, in a sign of confidence for other companies planning to list
SoftBank Group in talks to acquire Vision Fund's 25% stake in Arm
The discussions come as Softbank is preparing to list the chip designer on Nasdaq next month at a valuation of $60 billion to $70 billion
US recognises India's enormous intellectual capital: Policy expert Sowle
He added that there is a huge opportunity for Indian startups in the United States but not many startups know they don't need revenue to be listed on NASDAQ
2 senior execs of Freshworks quit after co-founder's exit in March
Company says new chief human resource officer will start work later in August and it looking for a chief marketing officer
Cognizant Q2 profit down 19.7%, retains 2023 revenue growth guidance
Chief Financial Officer Jan Siegmund to retire in early 2024 but plans to stay in his role until the company identifies a successor and transition is completed
Sebi's move to regulate index providers on hold; revised proposal on cards
A regulatory framework for index providers was cleared by Sebi's board at its meeting held in March. The regulator, however, is yet to notify changes
US big tech's dominance in stock market hits breakpoint for Nasdaq 100
The seemingly unstoppable growth of megacaps like Apple Inc. and Microsoft Corp. mean they have breached an upper limit imposed on stocks in the Nasdaq 100
Nasdaq ends up, dollar strengthens as Powell hints at more rate hikes
The S&P 500 ended essentially unchanged, while the blue-chip Dow Jones Industrial Average closed negative territory, weighed down by healthcare stocks
Nasdaq to acquire financial services software company Adenza for $10.5 bn
Nasdaq on Monday said it has acquired Adenza, a company that develops risk-management and related regulatory software for the financial services market, for $10.5 billion
Sensex ends 298 pts up, Nifty reclaims 18,200 led by Adani, auto, IT stocks
CLOSING BELL ON MAY 19, 2023: Shares of Adani Group rallied smartly after the SC reported said it could not pinpoint regulatory failure in the Adani-Hindenburg case.
Has the correlation between the Nifty IT index and the NASDAQ ended?
The gain in NASDAQ thus far in CY23 was largely fueled by Google, Apple, Amazon, Netflix and Meta Platforms - also known as the FAANG stocks.
NASDAQ-listed firm MakeMyTrip posts $5.4 million profit for Jan-Mar quarter
Online travel service provider MakeMyTrip Ltd on Tuesday reported a profit of USD 5.4 million in the fourth quarter ended March 31, 2023
US analytics firm ThoughtSpot 'acquihires' India's SagasIT Analytics
ThoughtSpot has invested $150 mn in India between 2022 and 2027, set up an 'excellence centre'
Wall Street drops as job gains fuel rate-hike worries; Nasdaq falls 1.2%
First Republic slips as bank suspends preferred stock dividend; semiconductor stocks up; Samsung plans to cut chip output
China's Nasdaq-style index of tech stocks is on a tear in 2023
The tech-heavy Star 50 Index has rallied 19% this year, beating the 5.8% advance in the benchmark CSI 300 Index and the 7.2% rise in the broader Shanghai Composite Index
ReNew repays more than $1 billion to offshore bondholders in FY23
The company in a public statement said that over the past financial year, it had refinanced $525 million in the domestic markets ahead of the March 2024 maturity
