Page 2 - Nasdaq

Cognizant mulls primary share offering, secondary listing in India: CFO

US-based IT major Cognizant, which has a substantial number of employees in India, is actively exploring the possibility of a primary offering and a secondary listing in India, a top company official said. A primary offering typically involves raising new capital by issuing new shares, thereby increasing the company's share capital, whereas a secondary listing involves selling already issued shares in a new market. The potential secondary listing would enable NASDAQ-listed Cognizant to offer its shares on Indian stock exchanges, increasing its visibility among Indian investors and potentially enhancing market liquidity. Cognizant's board and management team regularly assess opportunities to enhance shareholder value. Towards this end, we have been assessing a potential primary offering and a secondary listing in India with our legal and financial advisors. "As part of this comprehensive review, which is still in its early phase, we are engaging various stakeholders from both India

A failing company's stock just surged over 1000% on Wall Street: Here's why

Beyond Meat's stock opened at around $0.6 on October 16 and surged to about $7.4 on October 22, marking a 1,067 per cent jump in five sessions

Stock Market close: Sensex rises 398 pts, Nifty50 at 25,182; all sectors in green; SMIDs advance

Sensex Today | Stock Market close, October 9, 2025: In the broader markets, the Nifty Midcap 100 and Nifty Smallcap 100 indices gained 0.97 per cent and 0.61 per cent, respectively.

Wall St hits record high after Fed indicates more rate cuts; Intel soars

Intel jumped 29% and was set for its biggest one-day gain since October 1987 after Nvidia said it would invest $5 billion in the struggling US chipmaker. Peer Advanced Micro Devices slipped 3.1%

S&P 500, Nasdaq hit record highs at start of Fed meeting week; Tesla gains

The electric vehicle maker jumped 5.8% to its highest level since late January after regulatory filings revealed Musk had acquired nearly $1 billion worth of Tesla's stock on Friday

Stock Market Close: Sensex adds 356 pts, Nifty at 25,114; metal, financials shine; FMCG, PSBs drag

Sensex Today | Stock Market LIVE today, September 12, 2025: Among sectors, the Nifty IT was the top gainer, rising 0.74%. On the flipside, the Nifty FMCG index was the top loser, down 0.24%

Stock market close: Sensex adds 124 pts, Nifty at 25,005; oil & gas, bank shares gain; IT, auto dip

Sensex Today | Stock Market Highlights, September 11, 2025: Among the broader markets, the Nifty Midcap 100 and Nifty Smallcap 100 indices settled with gains of 0.12 per cent and 0.03 per cent

Wall Street gains as markets bet on Sep rate cut; Nasdaq hits record high

Investors are expecting multiple rate cuts this year after a troubling nonfarm payrolls report on Friday confirmed a weakening U.S. job market

S&P 500, Nasdaq reach record highs after weak US jobs data; Broadcom surges

The Dow Jones Industrial Average rose 35.2 points, or 0.08%, at the open to 45,656.49

Trump-backed bitcoin mining company begins trading on Nasdaq stock market

A bitcoin treasury and mining company linked to the Trump family began trading Wednesday on the Nasdaq stock market. American Bitcoin's listing follows a completed merger with Gryphon Digital Mining. The company is backed by President Donald Trump's sons, Donald Trump Jr and Eric Trump. Our Nasdaq debut marks a historic milestone in bringing bitcoin into the core of US capital markets, Eric Trump said in a statement. He is a co-founder and chief strategy officer of American Bitcoin. Public companies accumulating bitcoin as a corporate treasury has become a popular trend in crypto as the world's most popular digital asset is priced near an all-time high. The parent company of Trump's Truth Social has also moved to accumulate bitcoin. American Bitcoin said it plans to use self-mining operations and opportunistic bitcoin purchases to stand out in a growing field. Wednesday's listing gives investors yet another chance to put money in a Trump-linked crypto project. The Trump family has

Dow Jones scales record high on hopes of Fed rate cuts, trade deals

The Dow's gains have been propelled by a solid year-to-date performances from Wall Street bank Goldman Sachs, tech giant Microsoft and industrial equipment maker Caterpillar

S&P 500, Nasdaq near record highs on hopes of Fed rate cut in September

Treasury Secretary Scott Bessent also said he thought an aggressive half-point cut was possible given recent weak employment numbers

Wall St dips after report of Trump eyeing steep tariffs on EU goods

Industrial giant 3M fell about 5 per cent after the company said the impact of tariffs will mostly be felt in the second half of the year

NSE ranks fourth on the global IPO offering league table in H1-2025

The top three spots as regards offerings were occupied by the Nasdaq Global Market, NYSE and the Nasdaq Global Select Market that offered to raise $28.95 billion in H1-CY25

Asian shares up on Nvidia high, investors unfazed by Trump's tariff moves

US copper futures widened their premium to the London benchmark overnight after Trump announced plans to impose a 50 per cent tariff on copper

ReNew Global's offer price raised to $8 apiece as valuation hits $3.2 bn

Nasdaq-listed ReNew Global Energy on Friday said a group of investors and three promoters intending to take the company private have increased the offer price to buy public shares at USD 8 apiece, raising the company's valuation to USD 3.2 billion (around Rs 27,000 crore). The offer price is USD 0.93 higher than their first offer made on December 10, 2024 - an increase of 13.2 per cent, the company said in a statement. This takes ReNew's valuation to USD 3.2 billion (around Rs 27,000 crore), it added. Three promoters and a new investor, Masdar, have offered USD 8 per share for a total of USD 880 million, up from USD 7.07 per share offered earlier. The revised offer has come from a consortium of investors, comprising Abu Dhabi's Masdar, Canada Pension Plan Investment Board (CPP Investments), Abu Dhabi Investment Authority (ADIA), and ReNew's founder and CEO Sumant Sinha. The group has offered to buy all outstanding shares of the company for USD 8.00 per share in cash, with the tot

Stock Market close highlights: Sensex falls 170 pts, Nifty at 25,405; PSB, metal, realty stocks drag

Sensex Today | Stock Market close, Thursday, July 3, 2025: The Nifty Midcap100 index settled flat with a positive bias, while Nifty Smallcap100 settled down by 0.26 per cent lower

Stock Market close highlights: Sensex sheds 288 pts, Nifty at 25,453; realty, financials drag

Sensex Today | Stock Market close, Wednesday, July 2, 2025: In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices settled down by 0.14 per cent and 0.41 per cent, respectively

S&P 500, Nasdaq hit record highs on trade hopes; set for strong quarter

The Dow Jones Industrial Average rose 201.4 points, or 0.46 per cent, at the open to 44,020.66

Jefferson Capital valued at $1.2 billion after strong Nasdaq debut

The US IPO market has recovered in recent weeks after President Donald Trump's shifting trade policies rattled investors and froze new listings earlier this year