The Nasdaq was boosted by Micron Technology and other AI-related stocks as AI demand showed no signs of abating and corporate earnings stayed resilient
The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October
Its weighting is expected to rise to about 2.82% from roughly 1.28%, based on pro forma data from Nasdaq's Global Index Watch circulated late Friday
Nasdaq is set to move closer to round-the-clock US stock trading. From December 6, 2026, the exchange plans to add an overnight session, taking trading to 23 hours a day, five days a week.
MakeMyTrip says it is evaluating options including ADRs and restructuring after its India IPO to enable seamless investor participation across US and Indian markets
A surge in AI capital spending by hyperscalers has been a major driver behind this year's market gains, lifting chip stocks and other companies seen as beneficiaries of the buildout
Nvidia fell 1.8 per cent after Reuters reported that DeepSeek is developing its own AI chip, a move that could reduce its dependence on Nvidia and Huawei chips
The deal comes as Asian chip companies tap strong global demand for AI-related stocks
Wall Street advanced after a weaker-than-expected US jobs report eased fears of further Fed rate hikes, boosting investor sentiment across major indexes
The launch was smoother than many observers expected, with trading kicking off late on Friday morning without the hiccups that had marred Facebook's debut in 2012
The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion
US stocks rallied to their best day in two months, and oil prices fell Thursday after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes for a potential deal that could get the global flow of oil going again. The S&P 500 jumped 1.8%, coming off a back-to-back drop that had yanked it back to where it was in early May. The Dow Jones Industrial Average leaped 929 points, or 1.9%, and the Nasdaq composite rallied 2.5%. Stocks immediately veered higher in midday trading after Trump said on his social media network that "discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved" and that the time and place of a signing will "be announced shortly." A deal to end the war with Iran could reopen the Strait of Hormuz and allow oil tankers to carry crude again from the Persian Gulf to customers worldwide. The price for a barrel of benchmark US crude sank 2.6% to $87.71. Brent crude, the ...
SpaceX is planning to sell 555.6 million shares at a fixed price $135 per share. This will raise $75 billion and value the company at $1.77 trillion.
Banks leading the offering by SpaceX are expected to stop taking orders from institutional investors on Wednesday after the market closes in New York at 4 pm
The Nasdaq had dropped 4.2 per cent on Friday after a hot jobs report ramped up expectations for Federal Reserve interest rate hikes
On Wall Street, all three indexes ended lower, led by a selloff in technology shares, including AI chipmaker Nvidia
Deal gives Vyome entry into the fast-growing market for next-generation autoimmune and inflammatory disease drugs
New York-based exchange operator's products are cash-settled contracts that pay a fixed amount at expiration depending on whether the index finishes above or below a set level
Faster blockchain systems could limit regulators' crisis response
Travel services platform considers Indian stock market debut more than 15 years after NASDAQ listing to access domestic capital and strengthen its presence in the country