Nasdaq Stock News

Joining the Nasdaq 100 index and QQQ is a big deal it''s a coming of age like joining the S&P 500. And some investors got a jump start.

To Become a Public Company Listed on NASDAQ Under the Name Ascense Brands Inc.

Hopper''s Price Freeze feature allows Trip.com users to lock in low prices before they rise SHANGHAI , Dec. 13, 2021 /PRNewswire/ -- Trip.com Group, a leading global travel service provider, and Hopper partner to launch Price Freeze on Trip.com''s European and US sites. Trip.com Group is the first OTA to partner with Hopper Cloud , Hopper''s B2B initiative, in the North America and Europe markets. Empowering customers with new flight booking options, Price Freeze helps travelers save money by protecting them from pricing volatility when booking their next trip. By paying a small fee upfront, Trip.com users will be able to freeze a flight price for up to 14 days. This gives users the chance to check with their travel companions and finalize plans before booking the trip. With increased travel demand and rising jet fuel prices, Hopper is expecting domestic and international airfare to increase, reaching pre-pandemic levels. Price Freeze on Trip.com gives users the opportunity to lock in prices ahead before prices surge.

Symbotic LLC said Monday it agreed to be acquired by SoftBank Investment Advisers special purpose acquisition company SVF Investment Corp. 3 in a deal that values the artificial intelligence company in the logistics space at $5.5 billion. The transaction will result in Symbotic becoming a public company for trade on the Nasdaq under the symbol SYM. Symbotic will also raise $205 million in a common equity sale to private investors including $150 million from Walmart Inc.''s , a customer of Symbotic. Symbotic said it has a contracted order backlog of more than $5 billion and expects to generate $433 million in revenue in fiscal year 2022, up 73%. Yanni Pipilis, chairman and CEO of SVF Investment Corp. 3 and managing partner for SoftBank Investment Advisers, led the deal for the SPAC. The deal also includes $320 million of cash in trust from SVF Investment Corp. 3 as well as a $200 million forward purchase of common equity at $10 a share by SoftBank Vision Fund 2. Symbotic also expects to receive an additional $174 million in cash from Walmart by Dec. 31 as a result of Walmart gross exercising warrants it holds in the company.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to reuters.com Register Futures up: Dow 0.11%, S&P 0.23%, Nasdaq 0.34% Dec 13 (Reuters) U.S. stock index futures rose on Monday, led by gains in Apple [] The post Futures edge higher as Apple leads; Fed meeting awaited appeared first on TECHTELEGRAPH .

$50 million capital injection supports THIL''s continued robust growth; Initial PIPE commitments support merger with Silver Crest SHANGHAI , Dec. 13, 2021 /PRNewswire/ -- TH International Limited ("THIL" or " Tims China ") announced today a significant pre-merger financing round by a leading global asset manager (the "Investor"). In addition, Tims China announced its receipt of several initial commitments to a larger private investment in public equities ("PIPE") financing to be closed concurrently with THIL''s merger with Silver Crest Acquisition Corporation ("Silver Crest"). The Investor''s financing package comprises both an immediate $50 million capital injection in the form of a note, convertible into shares of THIL at a 15% premium to the merger price for Tims China agreed in its business combination agreement with Silver Crest, and a further commitment to the PIPE. Concurrently, Tims China announced commitments to the PIPE from several current investors, including affiliates of Sequoia Capital China and Eastern Bell Capital, which are subject to customary terms and final documentation.

Analysts expect Nasdaq, Inc. (NASDAQ:NDAQ) to post earnings of $1.75 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Nasdaqs earnings. The lowest EPS estimate is $1.67 and the highest is $1.79. Nasdaq reported earnings of $1.60 per share during the same quarter last year, which indicates a []

The Hong Kong Exchanges and Clearing is set to face even more headwinds, in addition to a Chinese regulatory crackdown, with the latest blacklisting of artificial intelligence firm SenseTime for its alleged enablement of human rights abuses against Muslim Uighurs in Xinjiang. Last week, the U.S. Treasury placed SenseTime on the blacklist for human rights abuse against Xinjiangs Muslim Uighurs which derailed the facial recognition technology firms listing plans in Hong Kong. After a «Financial Times» report of the expected blacklisting on Thursday, SenseTime did not proceed with a planned pricing of its shares in Hong Kong on Friday. In addition to denying the claims, calling them «unfounded» and reflective of a «fundamental misperception» of SenseTime, the firm will now delay its Hong Kong IPO which was scheduled for December 17, according to multiple media reports. SenseTime IPO SenseTimes original plan was to raise as much as $767 million as it sought a valuation of up to $17 billion.

Click Here to view todays Global Momentum Guide WEEKLY SECTOR MOVERS The Dow Jones Industrial Average climbed 4.02 percent in the past week, the S&P 500 Index 3.82 percent, the Nasdaq 3.61 percent, the MSCI EAFE 2.44 percent and Continue reading »

In-line inflation data spurred bets the US Federal Reserve won''t have to accelerate plans to tighten monetary policy. Shares of software company Oracle jumped 15.6% on upbeat quarterly results. And chipmaker Broadcom''s shares gained 8.3% following the announcement of a US$10 billion share buyback plan. The Dow Jones index rose by 216 points or 0.6%. And the S&P 500 index lifted by 1% to an all-time closing high with the Nasdaq index up by 113 points or 0.7%. For the week, the Dow jumped 4%, the most since March. And the S&P 500 lifted 3.8% with the Nasdaq up 3.6% - both lifting by the most since February.

The post Dow Jones Futures: Bulls Still Penned In With Fed Set To Speed Up; Apple, Tesla, Rivian In Focus appeared on BitcoinEthereumNews.com . Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with a key Fed meeting in focus. A market rally attempt is underway, led by

THE Russell 2000 Index refers to the stock market index measuring the performance of 2,000 smaller companies included in the Russell 3000 Index. Although it is not as popular as the commonly known US stock indices such as S&P 500, Nasdaq or Dow Jone Industrial Average (DJIA), the Russell 2000 Index can be regarded as a bellwether for the US economy as it reflects the performance of smaller companies focusing on the US market.

RIO DE JANEIRO, BRAZIL Free speech video platform Rumble has gone public. The offering went live on the Nasdaq on Thursday. The announcement came on Wednesday that Rumble, a Canadian company, would merge with CF Acquisition Corp VI (CFVI.O, a special purpose acquisition company, with an initial enterprise value of US$2.1 billion, according to [] The post Free speech video platform Rumble has gone public appeared first on The Rio Times .

An Amazon cloud outage last week and the Nasdaq debut of HashiCorp prompted a debate about the benefits and challenges of using multiple clouds.