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The Latest Breaking News from Nasdaq

Bitcoin Faces Impending Decline As Trader Predicts New Six-Month Lows

Renowned trader Bluntz warns of a potential bearish lower-high formation and expects Bitcoin to plummet to $23,800.

Zenger

Fed Holds Rates Steady, Dot Plot Hints At One More Hike

Treasury Yields Surge, Cisco to Acquire Splunk, Dimon's Inflation Concerns, Stock Market Volatility

Zenger

Friday’s Trading Signals Optimism As Markets Rebound From Bearish Week

Markets rebound as bargain hunters eye tech stocks; Federal Reserve speeches and rising bond yields in focus

Zenger

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Tesla’s Model Y Named One Of World’s Least Stolen Vehicles

Tesla's Model Y ranks among the top 10 least stolen vehicles as per latest report, highlighting its security features.

Zenger

Tesla Tests Support At 50-Day SMA After ARK Invest Sells Stock

Hammer Candlestick Pattern May Signal Reversal in Downtrend

Zenger

Microsoft’s Chief Product Officer Panos Panay Leaves To Join Amazon

Departure raises questions about circumstances amid recent changes and budget cuts at Microsoft

Zenger

Aptos Labs Teams Up With Coinbase Pay To Tackle Web3 Challenges

Partnership aims to simplify onboarding and offboarding for web3 users, enhancing user experience.

Zenger

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Tesla’s Giga Texas Factory Hit By Production Pause, Quarter-End Push In Jeopardy

Tesla's Giga Texas factory faces production pause, impacting quarter-end push

Zenger

Cathie Wood reveals why she steered clear of Arm IPO frenzy

"We did not participate in that IPO."

Fortune

Instacart shares jump 43% in grocery delivery business’s Nasdaq debut

Shares close at $34.23, the second successful IPO in a week following sale of UK chip designer Arm

The Guardian - US

Bionano Genomics (BNGO) vs. Gilead Sciences (GILD): Buy, Hold or Sell these Biotech Stocks?

As the biotech industry reaches new heights with innovation and the accessibility of big data, let us analyze whether biotech stocks Bionano Genomics and Gilead Sciences are a Buy, Hold, or Sell.

StockNews.com

Why Jim Chanos Thinks Tesla Stock Is ‘Ridiculously Overvalued

Jim Chanos confirmed he still has an active short bet against Tesla, Inc

Zenger

Markets Today: Stocks Slip on Higher Bond Yields and Chip Stock Weakness

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.08%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.25%. Stock index futures this morning are mixed. Stock index futures gave up overnight gains and turned lower as bond yields rose after a measure of...

Barchart

UK chip designer Arm soars on Nasdaq debut to notch $65bn valuation

Investor appetite for shares in SoftBank-owned tech firm pushes shares up close to 25% in much-hyped initial public offering

The Guardian - US

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WEKU

What a crop of upcoming IPOs from Birkenstock to Instacart tells us about the economy

A crop of IPOs are coming, starting with chip designer Arm, which is making its debut on Thursday. It's another sign of confidence in markets — and the U.S. economy.

Zenger

Jim Cramer ‘Not Convinced’ Tesla’s Dojo Can Rival Nvidia As He Tears Into Morgan’s Stock Upgrade

Tesla, Inc. ran up over 10% on Monday after Morgan Stanley's Adam Jonas upgraded the stock and issued a Street-high price target.

Zenger

Google’s Race For AI Dominance Against Microsoft Still On, Alphabet CEO Sundar Pichai Suggests

Pichai reaction after Satya Nadella's “we made them dance” comment in reference to the AI competition between the tech giants.

Barchart

S&P Futures Tick Higher as Investors Weigh Interest Rate Outlook

September S&P 500 futures (ESU23) are trending up +0.08% this morning after the S&P 500 and Nasdaq closed in the red on Thursday as technology stocks dropped on concerns over the outlook for Apple, while the latest U.S. jobless claims data stoked worries about sticky inflation.

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Barchart

S&P Futures Tick Lower as Interest Rate Uncertainty Weighs on Sentiment

September S&P 500 futures (ESU23) are trending down -0.24% this morning after the S&P 500 and Nasdaq closed in the red on Thursday as technology stocks dropped on concerns over the outlook for Apple, while the latest U.S. jobless claims data stoked worries about sticky inflation.

Barchart

S&P Futures Tick Lower as Investors Weigh Interest Rate Outlook

September S&P 500 futures (ESU23) are trending down -0.24% this morning after the S&P 500 and Nasdaq closed in the red on Thursday as technology stocks dropped on concerns over the outlook for Apple, while the latest jobless claims data stoked worries about sticky inflation.

Evening Standard

Arm prices hotly anticipated Nasdaq IPO lower than initially expected after London snub

Arm will sell its shares for between $47 and $51, aiming to raise up to $4.87 billion

The Guardian - UK

Arm’s move to Nasdaq not all plain sailing as US market shows scepticism on IPOs

The chipmaker’s price tag was once touted as $70bn, then $64bn, but is now expected to be between $50bn and $55bn

The Guardian - UK

UK chip designer Arm ‘cuts target valuation before Nasdaq listing’

Company said to be eyeing $50bn-$55bn compared with $64bn its owner Softbank stated last month

Barchart

3 Mega-Cap Stocks to Buy in September

Tech stocks faltered in August after a searing rally to start 2023. Here are three mega-cap tech stocks that are trading at attractive levels for investors looking to buy the dip.

Zenger

Tesla’s Aggressive Price Cuts, VinFast’s Rise And Fall, And More: Biggest EV Stories Of The Week

Shares of electric vehicle makers closed the week ending Sept. 1 mostly higher; Tesla experienced volatility over price cut fears

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