Nasdaq Stock News

SoftBank-backed ride-hailing giant Grab began trading on the Nasdaq on Thursday, becoming the largest-ever company to close a SPAC merger and go public.

Top Cannabis Stocks In December 2021 Are you looking for top marijuana stocks to buy as the cannabis sector trades near 2021 lows? With the recent drop in the overall markets due to the finding of the first Omicron variant case in California, the best cannabis stocks continue to lose market value. At the present time, many forces continue to impact the cannabis sector ranging from federal cannabis reform to the tapering of the economy. As investors prepare for a choppy week of trading the new Covid-19 variant could continue to impact an end-of-the-year rally. In 2021 the best cannabis stocks to invest in have mostly seen upside when the possibility of federal marijuana legalization and cannabis banking was concerned. In November many leading cannabis companies managed to report strong revenue growth that has persisted the entire year. Although things have been stagnant on the federal level many new states have established legal recreational and medical cannabis markets across the US. In addition, in Canada, the market has continued to grow as well.

Grab became the second SE Asian tech major to go public in the US.

In this Stockhead series, Josh Gilbert market analyst at global invetment platform eToro gives investors the scoop on Read More The post eToros weekly Nasdaq focus: Why US semiconductor stocks are one of the most popular trades heading into 2022 appeared first on Stockhead .

The S&P 500 and the Nasdaq jumped more than 1% on Wednesday following a sharp sell-off triggered by concerns over rising inflation and the new Omicron coronavirus variant, while shares of Merck rose on progress in approval of its COVID-19 pill. Merck & Co Inc gained 1.8% after a panel of advisers to the US Food and Drug Administration narrowly voted to recommend the agency authorize the drugmaker''s antiviral pill to treat COVID-19. All of the 11 major S&P sectors advanced in early trading, with energy, materials and financials leading the gains. Banks added 2.3%, recouping losses suffered in the previous session. US stocks slumped on Tuesday after Federal Reserve Chair Jerome Powell in his testimony before the Senate Banking Committee indicated that he no longer considers inflation as "transitory". Tech rally lifts Wall Street from Omicron-driven slump Powell also said the US central bank would consider bringing forward plans for tapering its bond buying program at its next meeting in two weeks. "Most investors realized that the Fed was going to have to shift course somewhat there''s plenty of people that feel inflation is a bigger problem, and maybe a bigger risk to the market would be the Fed failing to take any action that recognizes that," said Rick Meckler, partner, Cherry Lane Investments in New Vernon, New Jersey. "Coming to the year-end, where markets can be a little less liquid, we are likely to see some back and forth until we get more information (on Omicron)." Investors were also awaiting a Fed report, known as the "Beige Book", on current economic conditions to provide further insight into the central bank''s stance on inflation.

This article was originally published on TipRanks.com Stock exchange operator and financial services provider Nasdaq Inc. The post Nasdaq and AWS Collaborate to Transform Capital Markets appeared first on Smarter Analyst .

NASDAQ doing the best in premarket trading in other markets: By Greg Michalowski

Futures Surge After Powell-Driven Rout Proves To Be "Transitory" Heading into yesterday''s painful close to one of the ugliest months since March 2020, which saw a huge forced liquidation rebalance with more than $8 billion in Market on Close orders, we said that while we are seeing "forced selling dump into the close today" this would be followed by "forced Dec 1 buying frontrunning after the close." Forced selling dump into the close today. Forced Dec 1 buying frontrunning after the close zerohedge (@zerohedge) November 30, 2021 And just as expected, despite yesterday''s dramatic hawkish pivot by Powell, who said it was time to retire the word transitory in describing the inflation outlook (the same word the Fed used hundreds of times earlier in 2021 sparking relentless mockery from this website for being clueless as usual) while also saying the U.S. central bank would consider bringing forward plans for tapering its bond buying program at its next meeting in two weeks, the frontrunning of new monthly inflows is in full force with S&P futures rising over 1.2%, Nasdaq futures up 1.3%, and Dow futures up 0.9%, recovering almost all of Tuesdays decline.

Omicron fears caused most stocks to fall yesterday, including tech giants like Amazon, Google, Meta, and Microsoft. The Dow lost 651 points, the Nasdaq was down 1.6%, and the S&P 500 down 1.9%. AAPL, however, not only weathered the storm, but saw its share price increase by 3.16% as investors saw it as a safe [] The post Omicron fears see almost all stocks fall, but AAPL up 3% appeared first on TECHTELEGRAPH .

SINGAPORE, Dec 1, 2021 - (ACN Newswire) - Xiaomi-backed online brokerage Tiger Brokers (Singapore) ("Tiger Brokers") today announced its partnership with Phillip Capital Management (PCM), the award-winning Asian fund management company. Tiger Brokers has joined PCM as a new Distribution Partner and a Participating Dealer for PCM''s two newly launched exchange-traded products, namely Phillip MSCI Singapore Daily Leveraged & Inverse Products (collectively "Phillip L&I Products"). With effect from 1 December 2021, Singapore-based traders and investors[1] will be able to trade Phillip L&I Products through Tiger Brokers'' platform, Tiger Trade. These products would allow investors and traders to achieve a constant daily leveraged or inverse exposure, to the MSCI Singapore Index which covers about 85 per cent of free-float market capitalisation in the Singapore Exchange universe. The MSCI Singapore index is designed to measure the performance of the large- and mid-cap segments of Singapore equities.

DNB Asset Management AS boosted its position in Nasdaq, Inc. (NASDAQ:NDAQ) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,852 shares of the financial services providers stock after purchasing an additional 415 shares during the quarter. DNB Asset Management ASs holdings []

SHANGHAI , Dec. 1, 2021 /PRNewswire/ -- Trip.com Group Ltd. (Nasdaq: TCOM and HKEX: 9961 ), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its third quarter of 2021 results on Wednesday, December 15, 2021 , U.S. Time, after the market closes. Trip.com Group''s management team will host a conference call at 7:00PM U.S. Eastern Time on December 15, 2021 (or 8:00AM on December 16, 2021 in the Shanghai /Hong Kong Time) following the announcement. The conference call will be available on Webcast live and replay at: http://investors.trip.com . The call will be archived for twelve months at this website. All participants must pre-register to join this conference call using the Participant Registration link below: https://s1.c-conf.com/diamondpass/10018307-37s73l.html Upon registration, each participant will receive details for this conference call, including dial-in numbers, passcode and a unique access PIN.

BEIJING , Dec. 1, 2021 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of adult professional education and childhood & adolescent quality education services in China , today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.001 per share, from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share to a new ADS Ratio of one (1) ADS to five (5) Class A ordinary shares. The Company will file a post-effective amendment to the ADS Registration Statement on Form F-6 with the SEC to reflect the change in the ADS Ratio. The Company anticipates that the change in the ADS Ratio will be effective on December 23, 2021 , subject to the SEC having declared the post-effective amendment to the ADS Registration Statement on Form F-6 to be effective. For Tarena''s ADS holders, the change in the ADS Ratio will have the same effect as a one-for-five reverse ADS split.

Alex Carlson recaps the price action in penny stocks on the OTC Markets and NASDAQ. He covers BTZI, BYOC, CPIX, ISPC, IWAL, LGVN, QMEI, TOMDF, and TOMZ. He also talks about the upcoming alerts for our subscribers. BOTTOM LINE As we keep saying, there are always opportunities in the markets and its our job to find [] The post Low Float Plays Are Where The Action Is appeared first on Insider Financial .