Posts filtered by tags: Nasdaq[x]


 

The tale of two edtech IPOs

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Last week, Natasha and Alex jumped on Twitter Spaces to discuss the tale of two edtech IPOs: Duolingo, the consumer language learning company, and Powerschool, the enterprise K-12 software platform. It was a rare moment in the sun for the recently-revitalized sector, which saw two companies list on the NASDAQ on the same dang day. Special shout out to our producer C...
Tags: Apple, Fundings & Exits, Startups, TC, Education, China, Ipo, US, Tech, EC, Nasdaq, Equity, Alex, Edtech, Duolingo, Lightspeed Ventures


US stocks gain as 2nd-quarter earnings continue to impress investors

Xinhua/Wang Ying/ Getty Images US stocks edged higher on Monday as second-quarter earnings continued to impress investors.Profit growth among S&P 500 companies is seeing its fastest rise since 2009, according to FactSet.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks gained on Monday as investors continue to be impressed by second-quarter earnings results, with profit growth among S&P 500 companies seeing its fastest rise since 2009.With more than half of...
Tags: US, Trends, Markets, Hsbc, Stock Market, Nasdaq, Dow Jones, S&P 500, Dow Jones Industrial Average, FactSet, Matthew Fox, COVID, Stock Market News, Nasdaq 100, Stock market news today, Markets Wrap


Global shares rise after slew of robust earnings; oil falls as COVID restrictions stoke demand concerns

Traders work on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images Global shares rose on Monday after a slew of major companies reported strong second quarter earnings. Oil fell as COVID restrictions threatened to slow economic recovery, raising concerns about energy demand. Investors are awaiting key economic data that will offer more insight into the strength of the post-pandemic recovery. Sign up here for our daily newsletter, 10 Things Before the Opening Bell....
Tags: Hong Kong, Europe, UK, London, France, China, Germany, US, Trends, Frankfurt, Hsbc, Shanghai, Treasury, Heineken, Tokyo, Federal Reserve


Duolingo Reaches $6.5 Billion Valuation On Day of IPO

On Wednesday, language learning app Duolingo reached a valuation of $6.5 billion after its shares surged nearly 40% in the company's Nasdaq debut. Reuters reports: Duolingo's stock opened at $141.4 per share, blowing past the initial public offering price (IPO) of $102 per share, which crossed the top end of its target range. The stock later pared some gains to trade at $130.92 in the afternoon. The company's flotation comes at a time of increased investor interest in the edtech space, after pan...
Tags: Asia, Tech, United States, Nasdaq, Duolingo, Reuters, Luis Von Ahn, Ahn, Duolingo Following the IPO


The SEC has frozen US listings of Chinese companies as it demands new disclosures of government meddling risks

Gary Gensler Mark Wilson/ Getty Images The SEC has stopped processing IPO listings from Chinese companies, Reuters first reported. A spate of new disclosure requirements revolves around a listing structure unique to Chinese companies, called variable interest entities. The SEC worries US investors do not understand that buying stock in variable interest entities is not the same as buying other shares. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The SEC has st...
Tags: Hong Kong, New York, China, US, Trends, Markets, SEC, Nasdaq, Nyse, Reuters, Gensler, Gary Gensler, Didi Chuxing, Chinese IPO, MI Exclusive, Ethan Wu


S&P 500, Dow close on the brink of records as investors bet on the Fed's continued economic support after weak GDP data

Drew Angerer/Getty Images All three major US stock indexes closed just below record highs on Thursday as investors mulled GDP numbers, jobless claims, and the conclusion of the latest Fed meeting. Robinhood slumped in its first day of trading on the Nasdaq. US gross domestic product grew at an annualized rate of 6.5% in the second quarter of 2021, falling short of the 8.5% expansion estimated by economists. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US st...
Tags: US, Trends, Markets, Bank Of America, Federal Reserve, Nasdaq, Robinhood, Dow Jones, Fed, Emily Graffeo, Stock market news today, S&P 500 record, Angerer Getty, Robinhood IPO, MI Exclusive


Reservoir Media Begins Trading on NASDAQ

Reservoir Media, the fast growing music rights company that recently acquired the catalogs of members of Migos and Tommy Boy Records, has become a public company listing on NASDAQ. The company, which announced plans to go public back in April with a $788 million valuation, confirmed the closing of its previously announced business combination with Roth […]
Tags: News, Nasdaq, Migos, Roth, Tommy Boy Records, Reservoir Media


US STOCKS-S&P 500, Dow scale all-time highs as economy picks up pace

* Indexes up: Dow 0.53%, S&P 0.53%, Nasdaq 0.32% (Updates to early afternoon)
Tags: US, Nasdaq, Dow


US stocks rise as investors weigh GDP growth against higher than expected jobless figures

Xinhua/Wang Ying/ Getty Images US stocks edged higher Thursday as investors mulled GDP numbers, jobless claims, and the conclusion of the Fed meeting. US gross domestic product grew at an annualized rate of 6.5% in the second quarter of 2021, missing the 8.5% jump estimated by economists. Robinhood priced its IPO at $38 a share, valuing the brokerage app at $32 billion. "HOOD" will begin trading on the Nasdaq later today. Sign up here for our daily newsletter, 10 Things Before the Openi...
Tags: US, Trends, Markets, Federal Reserve, US GDP, Nasdaq, Robinhood, Dow Jones, Jefferies, Dow, S&P 500, Fed, The Fed, Jerome Powell, Emily Graffeo, Stock market news today


Global shares rise after the Fed signals no change in policy, while China calms investor concerns about regulatory crackdowns

Spencer Platt/Getty Images Global equities rose on Thursday after the Federal Reserve kept US monetary policy unchanged. Investor sentiment was further underpinned by China soothing some concerns over recent regulatory crackdowns. Commodities rose along with a weaker dollar, with gold and silver gaining sharply. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Global shares rose on Thursday after the Federal Reserve kept monetary policy unchanged the previous day...
Tags: Hong Kong, China, Global, US, Trends, Frankfurt, Paris, Shanghai, Treasury, Federal Reserve, Nasdaq, Dow Jones, Investors, Fed, ING, OANDA


US stocks trade mixed as Powell says economy is making progress

Jerome Powell Pool/ Getty Images US stocks closed mixed on Wednesday after Fed Chairman Jerome Powell said the economy is making progress towards it tapering standards.Despite the economic progress, Powell said the Fed is not yet ready to begin tapering its monthly bond purchases.Investors were also digesting earnings results from mega-cap tech companies like Apple, Alphabet, and Microsoft.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks were mixed on Wedne...
Tags: Apple, Microsoft, Ipo, Elizabeth Warren, US, Trends, Markets, Beijing, Treasury, Crypto, Warren, Janet Yellen, Federal Reserve, Stock Market, Nasdaq, S&P 500


#Dubai based Swvl to list on Nasdaq through $1.5bn SPAC deal

Dubai-based Swvl to list on Nasdaq through $1.5bn SPAC deal Dubai-based Swvl will become the second technology start-up in the Middle East to list on the Nasdaq through a special purpose acquisition company at a valuation of $1.5 billion, the company said on Wednesday.The Cairo-born mass transit and shared mobility services provider is set to go public through a merger with Queen’s Gambit Growth Capital, the first SPAC that is led entirely by women.The combined public company will be named Swv...
Tags: Travel, US, Middle East, Dubai, Nasdaq, Cairo, SPAC, Rupert Neil Bumfrey, Mohammed bin Rashid, Swvl, Mostafa Kandil, Swvl Holdings Corporation


Language app Duolingo jumps 42% in its public-market debut

Duolingo, the Pittsburgh-based startup whose free, gamified approach to language learning has already made it one of the most popular education apps in the world, is jumping into language testing. Shutterstock Duolingo soared Wednesday in the language-app maker's trading debut after its IPO priced at $102 a share. The IPO price was higher than an estimated range that was raised to $95-$100. Duolingo, which offers courses for 40 languages, raised $521 million from the offering. See ...
Tags: Google, Ipo, Trends, Markets, Nasdaq, Duolingo, Pittsburgh, Carla Mozee, Tech Stocks, MI Exclusive, DUOL stock price, Duolingo trading debut, Duolingo IPO, Shutterstock Duolingo


Robinhood starts trading Thursday. Here's everything investors need to know

The stock trading app will trade on the Nasdaq under ticker HOOD, priced at an expected $38 to $42 per share.
Tags: Nasdaq, Robinhood


Robinhood is testing a feature that will let users invest their spare change into select stocks, report says

Vlad Tenev, CEO and co-founder, Robinhood. Kimberly White/Getty Images for Robinhood Robinhood is testing a feature that will let users invest spare change into stocks, Bloomberg reported. Another feature being explored aims to protect users from crypto volatility. The features were discovered by iOS developer Steve Moser through a code inside the company's test version for the iPhone. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Robinhood is testing a feat...
Tags: Ipo, Trends, Markets, Bloomberg, Crypto, Nasdaq, Robinhood, Vlad Tenev, SPAC, Menlo Park California, Robinhood Robinhood, Robinhood Investors, Steve Moser, Robinhood app, Isabelle Lee, Opening Bell Robinhood


Virtual brokerage Real plans to add thousands of agents, CEO says

Tamir Poleg also believes the currently wild housing market may calm down in the near future, but he doesn't think there's a bubble forming.
Tags: Agent, Brokerage, Industry News, Markets & Economy, Select, Technology, Canada, Nasdaq, Real, Shares, Stock Market, Tamir Poleg, The real brokerage, Toronto Stock Exchange


How to use ETFs to diversify your portfolio, trade more frequently, and invest safer

Before investing in ETFs, consider how that particular ETF could impact your portfolio and how it compares to other types of funds. Rob Daly/Getty An exchange-traded fund (ETF) is a basket of securities that's traded on a stock exchange. There are two types of ETFs: Index-based ETFs and actively managed ETFs. Most ETFs are index-based ETFs, which are passively managed and track an index like the S&P 500. Visit Insider's Investing Reference library for more stories. First created i...
Tags: Finance, US, Trends, Investing, SEC, Nasdaq, Stock, Spy, Bailey, Securities and Exchange Commission SEC, ETF, VXUS, QQQ, Investing (Reference, Investing How To, ETF Investing


Word of the week: SPAC

It’s been quite a year, so far, for novel acronyms and initialisms: NIL, NFT, XBE, TFG. (And let’s not forget LFG, from late 2019, which is now the title of a documentary, released in June 2021, about the US women’s national soccer team.) Now we have the next BFD of acronyms: SPAC. It rhymes with crack and it stands for “special purpose acquisition company.” Nasdaq defines SPACs as “publicly-traded investment vehicles that raise funds via an initial public offering (IPO) in order to compl...
Tags: Finance, Wall Street, US, Virgin Galactic, Linguistics, Nasdaq, Los Angeles Times, Cnbc, Chamath Palihapitiya, SPAC, Michael Hiltzik, LFG, Charles Duhigg, Duhigg, Word of The Week, Nancy Friedman


Matterport finishes first day of trading slightly down

The 3D imaging company's shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company.
Tags: Technology, Radio, Compass, Stock Market, Nasdaq, Matterport, Industry News, SPAC, Markets & Economy, Select, News Brief, Opendoor, Blank Check Company, iBuyer, Gore Holdings VI


US stock futures slip ahead of Tesla earnings in the wake of Asia's rout, while bitcoin surges past $38,000

Spencer Platt/Getty Images After US stocks logged all-time highs last week, futures point to a retreat on Monday. Asian stocks plunged as China tightened rules on its education and property sectors. Bitcoin rose above $38,000, partly driven by speculation that Amazon may accept it as payment. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks looked set to open in the red on Monday ahead of Tesla's second-quarter earnings, as Asian equities plunged to ...
Tags: Amazon, Facebook, Asia, Hong Kong, Elon Musk, London, China, US, Trends, Tesla, Frankfurt, Tencent, Ubs, Tokyo, Federal Reserve, Hargreaves Lansdown


US stocks close at record highs as investors cheer blockbuster earnings

Xinhua/Wang Ying/ Getty Images US stocks finished the week at record highs after a blockbuster week of earnings. Shares of tech giants including Snap and Twitter soared after earnings came in above expectations. Bitcoin hovered just above $32,000, gold was little changed, and oil edged higher. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks finished the week strong with all three major indexes closing at records Friday as investors cheered blockbuster t...
Tags: Google, Facebook, Asia, Twitter, China, US, Trends, Markets, Bank Of America, Bloomberg, Bitcoin, US Treasury, Stock Market, Nasdaq, Dow, Uae


US stocks climb as investors cheer stellar tech earnings

Spencer Platt/Getty Images US stocks climbed Friday as investors digested the latest round of earnings from some of Wall Street's biggest tech names. Shares of Snap and Twitter soared in early morning trading after both blew past earnings estimates. Asian stocks sank after a report that Beijing wants listed tutoring companies to turn non-profit. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks gained on Friday as investors cheered a strong round o...
Tags: Facebook, Asia, China, US, Trends, Markets, Bloomberg, Beijing, Bitcoin, Crypto, US Treasury, Nasdaq, Dow, S&P 500, Snap, Fed


The Nasdaq could rise 10% as investors flee Chinese tech companies and flock to US stocks amid Beijing's crackdown, Wedbush says

Reuters US tech stocks stand to gain from China's increased regulatory scrutiny on Didi and others.The regulatory crackdown represents "a major black eye" for the Chinese tech sector, Wedbush said in a note on Friday.As investors rotate out of China and into US tech stocks, the Nasdaq could surge 10% into year-end, according to Wedbush.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.China's increased regulatory crackdown on stocks like Didi and Alibaba will...
Tags: Apple, Microsoft, Finance, China, US, Trends, Markets, Beijing, Alibaba, Tencent, Trading, Nasdaq, Wedbush, Ives, Didi, Matthew Fox


US stocks edge higher on blockbuster tech earnings, while Asian equities dip on concerns of tighter market regulation

TIMOTHY A. CLARY/AFP via Getty Images US stock futures rose as investors focused on strong earnings instead of jobless claims. Strong results from Snap and Twitter appeared to offset fears of stricter tech regulation in China. Asian equities were hurt by Chinese regulators considering heavy penalties on Didi Global. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stock futures rose on Friday as investors focused on strong tech earnings, and shrugged off underw...
Tags: Facebook, Asia, Hong Kong, Japan, London, China, US, Trends, European Central Bank, Frankfurt, Atlantic, Federal Reserve, Nasdaq, Shanghai Composite, France Germany, Timothy A Clary


3D tour giant Matterport makes its stock market debut

The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport's turf.
Tags: Facebook, Technology, Radio, Stock Market, Nasdaq, Zillow, Matterport, Tiger Global Management, SPAC, Spencer Rascoff, Markets & Economy, Select, Opendoor, Dragoneer, RJ Pittman, Offerpad


Nasdaq drives third day of stock gains

U.S. stock markets ticked higher Thursday as investors weighed an unexpected increase in first-time jobless filings against a flurry of mostly better-than-expected earnings reports.
Tags: Finance, Article, Nasdaq, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/mergers-and-acquisitions, Jonathan Garber, Fox-business/markets/us-markets/marketcheck, 562633dc-ed9e-5b7b-9611-439b1df6f4db


Tech stocks drive the market higher with mega-cap giants Apple and Amazon leading the way

Spencer Platt/Getty Images US stocks traded higher on Thursday, driven by mega-cap tech giants Microsoft, Apple and Amazon.The gains came even as weekly jobless of 419,000 were higher than estimates of 350,000.The S&P 500 is now less than 1% below its record high of 4,393.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks edged higher on Thursday, driven by a more than 1% gain in mega-cap tech giants Microsoft, Apple, and Amazon. The gains helped send the S&...
Tags: Apple, Amazon, Microsoft, US, Trends, Markets, Unilever, SEC, Goldman Sachs, Stock Market, Nasdaq, Dow Jones, S&P 500, Dow Jones Industrial Average, Guggenheim, Citi


US stocks trade mixed after weekly jobless claims come in higher than expected

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020. Andrew Kelly/Reuters US stocks were mixed on Thursday after weekly jobless claims came in higher than expected.419,000 Americans filed for unemployment last week, well above the estimate of 350,000.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks halted their uptrend early Thursday morning and moved lower following a surprise jump in weekly job...
Tags: US, Trends, Markets, Trading, SEC, Goldman Sachs, Stock Market, Nasdaq, S&P 500, Dow Jones Industrial Average, Nyse, Guggenheim, Gary Gensler, New York City New York, New York Stock Exchange NYSE, Matthew Fox


US stock futures rise as earnings optimism outweighs COVID concerns, while bitcoin climbs after Elon Musk's comments

Investors have cheered US earnings. Johannes Eisele/AFP via Getty Images US stock futures rose on Thursday as investors cheered strong earnings from major companies. Stocks fell on Monday on concerns about COVID cases, but have since rebounded. Bitcoin rose again after Elon Musk and other influencers spoke favorably of the asset. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stock market futures rose on Thursday as company earnings season helped boost optim...
Tags: Verizon, Hong Kong, Spacex, Elon Musk, China, US, Trends, Tesla, Bloomberg, European Central Bank, US Treasury, Ecb, Nasdaq, Goldman, Coca Cola, Dow Jones


Don’t Sweat The Supposedly COVID-Related Stock Market Volatility

The truth is, the vast majority of the time, we simply do not know why the stock market does what it does on a daily basis.
Tags: Finance, ATL Finance, COVID, COVID-19, Dow Jones, Finance Docket, Jonathan Wolf, NASDAQ, S&P 500, Stock Market