- The article announces that Soluna Holdings, the parent company of Soluna Computing, has regained compliance with the minimum bid price requirement of the Nasdaq Stock Market, which has caused an increase in the stock price.
- The article is about Microsoft and Siemens partnering to bring generative AI to industries, starting with the introduction of Siemens Industrial Copilot, an AI-powered assistant for manufacturing, which is expected to revolutionize human-machine collaboration and increase innovation and productivity across various industries. The NASDAQ (NDAQ) stock went up because of this partnership and the potential for AI adoption in different sectors.
- The article discusses NASDAQ's extension of a deadline for Mullen Automotive to maintain its share price above $1 until January 22, 2024, and the requirement for the company to hold an annual shareholder meeting by March 8, 2024. In response, Mullen Automotive CEO David Michery plans to propose a reverse stock split at a meeting on December 15, 2023, in order to boost the share price. The stock has been declining due to rapid stock dilution since its listing. The article does not mention why NASDAQ stock goes up; it only focuses on Mullen Automotive's situation.
- The article discusses the IPO of Arm Holdings PLC and the successful completion of AMC Entertainment's stock offering, while also mentioning the planned strikes by the United Autoworkers against Ford, General Motors, and Stellantis. The reason for the increase in the Nasdaq (NDAQ) stock is not mentioned in the article.
- The Nasdaq (NDAQ) stock went up by 0.72% last night as British chip designer Arm had a successful initial public offering, with its share price surging by 25% in the first session; the stock rise can be attributed to the high demand for Arm's chip designs by technology companies such as Nvidia, Alphabet, and Apple.
- The Nasdaq (NDAQ) stock went up by 0.72% last night, attributed to the successful IPO of chip designer Arm on Nasdaq, which raised $8.6 billion so far this year, surpassing the $6.4 billion raised on the New York Stock Exchange (NYSE), potentially encouraging more companies to go public in the second half of the year.
- The Nasdaq (NDAQ) stock went down 0.72% last night, and this can be attributed to the expiration of stock options, stock index options, and stock index futures contracts, also known as "triple witching" days, which occur four times a year. These days create heightened volatility as traders close their positions and large buy/sell walls are erected, leading to potential price volatility. Additionally, if the Consumer Price Index (CPI) release on September 13th shows higher inflation than expected, it could further impact the stock market.
- The Nasdaq (NDAQ) stock went down by 0.72% because of a slide in technology stocks, including Oracle, Apple, and Alphabet, which dragged down Wall Street.
- NASDAQ (NDAQ) stock went down by -0.72% last night, but the article does not provide any explanation as to why it went down.
- Yesterday, Nasdaq (NDAQ) stock went down by 1.03%. The article explains that illumin Holdings Inc., a company listed on both the Toronto Stock Exchange (TSX) and Nasdaq, has announced its intention to voluntarily delist its common shares from Nasdaq due to the costs and administrative requirements associated with maintaining a dual listing. The delisting is expected to occur on or around September 11, 2023.
- The article reports that Zilch, a buy now, pay later firm, is considering an initial public offering (IPO) and is in talks with potential listing venues, including the London Stock Exchange (LSE), the New York Stock Exchange, and Nasdaq. The reason for the Nasdaq stock going down is not mentioned in the article.
- According to JPMorgan's asset management arm global market strategist, David Lebovitz, there are potential obstacles that could hamper the longevity of the stock market rally, including the recent banking chaos, the Federal Reserve injecting liquidity into the markets, and the central bank slowing interest rate hikes. He also mentioned that the consumer is beginning to bend and that demand may fade, leading to a cooling labor market and squeezed company margins. Nevertheless, US stocks, including Nasdaq, have been on a tear thanks to investor excitement about the future of artificial intelligence, with the S&P 500 and Nasdaq up significantly this year.
- The article announces that Mullen Automotive Inc. (NASDAQ: MULN) will undergo a 1-for-9 reverse stock split in order to comply with the Nasdaq's minimum bid price requirement, and the stock went up due to this announcement.
- The article discusses the recent decline in Apple's stock price due to lower revenue and hardware sales, but analysts still have a positive outlook on the stock, with a target price above $200. Despite concerns about the U.S. upgrade cycle and weak revenue, most analysts maintain a "buy" or "overweight" rating on Apple's stock. The stock price is currently near the $175 support level, but could potentially move back up to $200. Apple's stock has outperformed the S&P 500 with a 42% return year to date.
- Novavax, a vaccine producer, posted surprising earnings for the second quarter, with a net income of $58 million and sales of $424.4 million, leading to a 0.84% increase in Nasdaq's stock. However, there are still concerns about the company's long-term future as it revised its full-year revenue forecast and continues to cut costs.
- The article highlights the recent rally in the stock market, with the Nasdaq(NDAQ) stock up 0.84% last night, attributing the upward trend to the invalidation of bearish arguments supporting a market sell-off and recession, as specified by market veteran Ed Yardeni. These arguments include the decline in the Index of Leading Economic Indicators (LEI), inverted yield curves, weakness in M2 money supply, and consumers spending down excess savings. Yardeni believes that the current rally is sustained by the ongoing fiscal stimulus and quick response of the Federal Reserve to avert a credit crunch.
- The article discusses the performance of Open Lending (LPRO) stock, which experienced a significant drop due to its second-quarter earnings release and guidance. The stock is currently down 22.34% but has seen a 17% increase year-to-date. The drop in Open Lending's stock likely had more to do with its outlook for the third quarter than its second-quarter earnings. The company's projected certified loans facilitated for the third quarter are expected to be lower than the previous quarter, leading to lower revenue and adjusted EBITDA. Open Lending operates in a niche market and conditions are anticipated to improve, making it a company worth watching.
- The article discusses BlackRock Inc.'s recent acquisition of shares in Southern First Bancshares Inc., providing analysis of the transaction and the profiles of both companies, but does not explain why the NASDAQ (NDAQ) stock went up 0.08% last night.
- The article discusses Flywire's Q2 FY2023 report, with revenue increasing 50.1% year on year to $84.9 million, and its positive revenue guidance for the next quarter, which was 4.94% higher than analysts' expectations. The increased revenue and positive guidance may have influenced the rise in Nasdaq stock.
- Beyond Meat, a vegan food firm, reported a 30.5% drop in net revenues for the second quarter due to softer demand in the plant-based meat category, high inflation, rising interest rates, and concerns about a recession, causing its stock to fall by 12%; competition from other food giants and increased scrutiny of the health benefits of vegan products have also affected demand.
- ERG has joined Nasdaq's Sustainable Bond Network, a platform for sustainable finance, which highlights the company's commitment to sustainable funding and may expand its potential investor network, resulting in a 0.12% rise in Nasdaq (NDAQ) stock.
- Nasdaq (NDAQ) stock was up 0.12% after it was reported that Arm is in talks with at least ten companies, including Intel, Alphabet, Apple, Microsoft, TSMC, and Samsung, about their potential participation in the chip designer's IPO, which is planned to raise $8 billion-$10 billion on Nasdaq later this year.
- The AllianzGI Artificial Intelligence & Technology Opportunities Fund (AIO), a closed-end fund (CEF), is a savvy 10%-paying AI play that has a high yield which is twelve times more than Microsoft's yield, and its underlying portfolio outran the S&P 500 when tech soared in 2020 and 2021, which is why AIO trades at a 9% discount-a good deal on its own and is on the buy list now.