DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "NASDAQ's"


23 mentions found


☆ Salesforce executive exits help push stock to its lowest point since March 2020
  + stars: | 2022-12-05 | by ( Ari Levy Jordan Novet | Ari Levy | Jordan Novet | ) www.cnbc.com   time to read: +2 min
On Monday, the company announced the departure of Slack CEO Stewart Butterfield, who joined Salesforce last year as part of its biggest acquisition ever. Taylor, who joined Salesforce in 2016 through the acquisition of his startup Quip, said he'd "decided to return to my entrepreneurial roots." While Taylor and Butterfield are the highest-profile exits, they're far from alone among Salesforce's executive ranks. Noah Weiss, senior vice president of product at Slack, will succeed Yehoshua, Butterfield said in a Slack message. Butterfield is being succeeded by Lidiane Jones, an executive vice president at Salesforce who joined in 2019.
☆ Nasdaq CEO hopeful IPOs will pick up in 2023, calls for more crypto regulation
  + stars: | 2022-12-01 | by ( ) www.reuters.com   time to read: +2 min
Nasdaq had 143 IPOs in the first nine months of 2022, versus 557 over the first three quarters of 2021. Friedman also said she anticipates Nasdaq's cryptocurrency custody business, Nasdaq Digital Assets, which it announced in September, to launch in the first half of 2023, pending regulatory approval. Nasdaq has also made a big push into anti-financial crimes software, with its $2.75 billion acquisition of Verafin, announced in December 2020. Friedman said she believes Nasdaq's fast-growing anti-financial crime unit could become a $1 billion-a-year business, three times its current revenue. To view the Reuters NEXT conference live on Nov. 30 and Dec. 1, please click here.
☆ It's been a bad year for tech. But top investor Paul Meeks is betting on these bright spots
  + stars: | 2022-12-01 | by ( Zavier Ong | ) www.cnbc.com   time to read: +3 min
E-commerce Meeks is avoiding the e-commerce space altogether, citing concerns about "lackluster" online Christmas spending in the United States and the return of Covid shutdowns in China. Among the world's major e-commerce stocks, Meeks said he prefers JD.com to Alibaba and Amazon , though he suggested that "investors wait to buy any of them." Cyber stocks Cyber stocks, like nearly everything else in the broader tech sector, haven't been spared from this year's tech rout. The First Trust Nasdaq Cybersecurity ETF (CIBR) and the iShares Cybersecurity and Tech ETF (IHAK) are both down by about 22% this year, less than the Nasdaq's 30% drop. The semiconductor sector has, however, recovered slightly, with the SOX up 14.9% since the end of the third quarter.
☆ 5 Club stocks that did worse than the Nasdaq since year-ago record but are well-liked by analysts
  + stars: | 2022-11-23 | by ( Kevin Stankiewicz | ) www.cnbc.com   time to read: +8 min
It turns out the tech-heavy index peaked on Nov. 22, 2021, one session after its last closing record. Using the one-year anniversary of the Nasdaq's record , we wanted to see where Wall Street stands on the 13 Nasdaq-listed stocks in the Club portfolio. From here, though, 72.7% of the 44 analysts who cover the stock consider the stock a buy or buy equivalent. Facebook-parent Meta Platforms was the worst-performing Club stock in the Nasdaq since its 2021 peak. Conversely, the vast majority of analysts — 90.4% to be exact — have a buy or buy-equivalent rating on Microsoft shares.
☆ Nasdaq in focus: META, DOCU, DLTR & TMUS
  + stars: | 2022-11-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNasdaq in focus: META, DOCU, DLTR & TMUSSteve Grasso, Grasso Global CEO, joins 'Power Lunch' to discuss Nasdaq's come down from last year's record highs in a three stock lunch look at Nasdaq's best and worst performers.
☆ A year out from Nasdaq's peak, it's been brutal for tech stocks and the pain's not over
  + stars: | 2022-11-18 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +5 min
"Leadership has shifted away from the tech sector and FANMAG. Two major challenges for tech names Clissold said the tech sector is facing two major challenges. Stockton said the peak in the Nasdaq last November was also the peak of its outperformance versus the S & P 500. The tech sector outperformed the S & P 500, but it was the materials sector that led the index higher, up about 19%. However, the S & P 500 has been up just 20%.
☆ Wall St gains as fears over Fed official's hawkish views ebb
  + stars: | 2022-11-18 | by ( Ankika Biswas Amruta Khandekar | Ankika Biswas | Amruta Khandekar | ) www.reuters.com   time to read: +3 min
"Initially when that (Bullard commentary) came out, you saw the market sell off and then there was some discussion about was he being over-reactive?" Equities had seen strong gains last week after a softer-than-expected inflation report boosted hopes of smaller rate hikes from the Fed. Most of the 11 major S&P 500 sectors advanced, with defensive utilities (.SPLRCU) and real estate (.SPLRCR) leading gains, up about 1% each. The S&P index recorded six new 52-week highs and no new low, while the Nasdaq recorded 34 new highs and 60 new lows. Reporting by Shubham Batra, Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Shounak Dasgupta and Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.
☆ Investors have been fleeing Big Tech for 'old economy' stocks. Here’s what it means for our holdings
  + stars: | 2022-11-11 | by ( Paulina Likos | ) www.cnbc.com   time to read: +11 min
The largely abysmal results for the last quarter led Jim Cramer to urge investors to limit their exposure to tech and semiconductor stocks . The market cap of the Club's five Big Tech stocks are collectively down 42% over the last 12 months, as of Thursday's close, according to FactSet. Here's a closer look at each of our tech stock's valuation changes, along with our analysis, too. Being close to its 5-year average valuation doesn't make it the most enticing P/E compared to other tech stocks whose valuations have dropped more than their historical averages. Meta Platforms (META) Meta currently trades at 13.6 times forward earnings estimates, compared with the 5-year average of 21.8 times.
☆ Here are Wednesday's biggest analyst calls: Tesla, Netflix, Carvana, Exxon, Meta, Apple & more
  + stars: | 2022-11-02 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
Bernstein reiterates Tesla as underperform Bernstein said shares of Tesla remain extremely overvalued. Needham reiterates Netflix as hold Needham said the streaming giant could see "negative revenue growth near-term" due to its new ad-based product. Bank of America downgrades Twilio to underperform from buy Bank of America double downgraded the communications tools company due to rising competition. Bank of America reiterates Peloton as buy Bank of America said it's standing by shares of Peloton heading into earnings on Thursday. Bank of America reiterates Carvana as buy Bank of America said in a note on Wednesday that it's standing by shares of Carvana.
☆ Cryptoverse: Bitcoin wants to break its bond with stocks
  + stars: | 2022-11-01 | by ( Lisa Pauline Mattackal Medha Singh | Lisa Pauline Mattackal | Medha Singh | ) www.reuters.com   time to read: +4 min
Nov 1 (Reuters) - After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. For some crypto backers, any bitcoin break-up from Big Tech is a sign of strength. Bitcoin and crypto is one of those 'next' growth industries," said Santiago Portela, CEO of FITCHIN, a Web3 gaming ecosystem. Yet it's anyone's guess whether fickle bitcoin will begin to rally, or slide anew, or if it will swiftly rebound to the embrace of technology stocks.
☆ Cannabis giant Canopy Growth crafted a complex plan to get into the US and reverse a stock slump. But some analysts say it could backfire.
  + stars: | 2022-10-28 | by ( Jeremy Berke | ) www.businessinsider.com   time to read: +6 min
It's another consequence of the quasi-legality of the cannabis industry in the US. The Canadian cannabis giant Canopy Growth has long searched for a way to give its stock a much-needed boost. "We continue to have open conversations with the exchanges," Klein said. He added that Canopy's deal could provide a model for other Canadian cannabis companies that want to do business in the US. Jefferies said Nasdaq's objection to Canopy's plan was a key risk and that the rest of the cannabis industry should pay close attention.
☆ I tell investors you have to produce a new investing playbook, says Requisite Capital's Talkington
  + stars: | 2022-10-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI tell investors you have to produce a new investing playbook, says Requisite Capital's TalkingtonCNBC's Halftime Report investment committee discusses the Nasdaq's performance in spite of Microsoft and Alphabet, if anyone on the committee is surprised by Alphabet's recent performance and more.
☆ Watch CNBC's full interview with NorthmanTrader's Sven Henrich
  + stars: | 2022-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with NorthmanTrader's Sven HenrichSven Henrich, NorthmanTrader founder and lead market strategist, joins 'TechCheck' to discuss Microsoft's recent stock performance, the broader Nasdaq's recent performance and his argument for today's market.
☆ Microsoft could rally hard with market, says NorthmanTrader's Henrich
  + stars: | 2022-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft could rally hard with market, says NorthmanTrader's HenrichSven Henrich, NorthmanTrader founder and lead market strategist, joins 'TechCheck' to discuss Microsoft's recent stock movement, the broader Nasdaq's recent performance and his argument for today's market.
☆ Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
  + stars: | 2022-10-22 | by ( Echo Wang | ) www.reuters.com   time to read: +5 min
The stock exchange operator's actions come amid a surge in the shares of Chinese companies that raise small amounts, typically $50 million or less, in their IPO. Nasdaq started asking the advisers of small Chinese IPO candidates questions in mid-September. Seven sources who work on IPOs of small Chinese companies spoke to Reuters on the condition that neither they nor their clients be identified. LOOPHOLESNasdaq's intervention underscores how liquidity standards it adopted in the last three years to prevent stock manipulation in small IPOs have loopholes that Chinese companies are exploiting. There have been 57 listings of small Chinese companies in the last five years, up from 17 listings in the prior five years, according to Dealogic.
☆ Bitcoin's volatility falls below Nasdaq and S&P 500's for first time since 2020
  + stars: | 2022-10-21 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +3 min
While bitcoin's price is stuck lately, there is one good thing to come from it for investors betting on crypto to become a legitimate asset class: It's less of a wild ride. After hovering in the $19,000 level for more than a month, bitcoin's volatility is now lower than that of both the Nasdaq and S&P 500, according to Kaiko. (Though bitcoin's correlation with stocks has eased, it remains high and its price continues to be driven by macro themes.) "Bitcoin volatility is at multi-year lows while equity volatility is only at its lowest level since July," Clara Medalie, head of research at Kaiko, told CNBC. The data suggests that cryptocurrency markets are less reactive to volatile macro events than they were earlier on in the year, whereas equity markets have remained highly sensitive."
☆ Nasdaq profit rises 15% as market rout fuels demand for investment products
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
Oct 19 (Reuters) - Nasdaq Inc (NDAQ.O) reported a 15% jump in third-quarter adjusted profit on Wednesday, driven by strong demand for the exchange operator's investment products that helped offset a slowdown in initial public offerings. Register now for FREE unlimited access to Reuters.com RegisterRevenue at the firm's solutions segment, which houses its technology products, jumped 8% to $584 million. Excluding one-time items, Nasdaq earned 68 cents per share in the quarter ended Sept. 30. In line with other major financial firms, Nasdaq has also battled rising costs amid decades-high inflation. The company said it repurchased $633 million in shares of its common stock in the first nine months of the year.
☆ This stock market rally has some staying power but there's one big obstacle
  + stars: | 2022-10-18 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +6 min
As yields rose from just under 4% Tuesday morning, the stock market rally lost some steam. That should help stocks rally into year end, but he expects the yield to rise again next year, challenging the market. But he is encouraged by the strength of the rally and says there's a chance this could be the start of a new bull market. "You could always side conservatively and assume it's a bear market rally," he said. But he is also watching the market day-to-day, and expects it is in a bear market rally, rather than a new bull trend.
☆ Stocks making the biggest moves midday: JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
  + stars: | 2022-10-14 | by ( Samantha Subin | ) www.cnbc.com   time to read: +5 min
Citigroup — Citigroup rose more than 1% after its third-quarter revenue climbed more than analysts expected, helped by rising interest rates. However, its earnings fell 25% from the year-earlier period as it bulked up its credit loss provisions and investment banking slumped. Wells Fargo — The bank stock was up 3% after Wells Fargo reported quarterly earnings and revenue that topped analysts' expectations. US Bancorp - Shares of US Bancorp rose 3.7% after the bank's third-quarter earnings came in above Wall Street analyst expectations. First Republic Bank — The bank stock dropped more than 14% after First Republic posted its third-quarter results.
☆ 3 takeaways from our daily meeting: Wall Street's bounce, small buy, reviewing analyst notes
  + stars: | 2022-10-12 | by ( Krystal Hur | ) www.cnbc.com   time to read: +3 min
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. LVMH also owns Sephora, which carries prestige beauty brands like Estee Lauder, which is another good sign for the Club stock. Quick mentions: PG, PXD, AMZN Atlantic Equities upgraded Kimberly Clark, the maker of Huggies and Kleenex, to overweight. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
☆ Analyst says this FAANG stock is an evergreen winner — and investors should buy the dip
  + stars: | 2022-09-29 | by ( Zavier Ong | ) www.cnbc.com   time to read: +3 min
Investors may be fleeing the sector in droves, but Barton Crockett, senior research analyst at Rosenblatt Securities, said the sell-off is an opportunity for long-term investors to buy the dip. One such "winner" that Crockett likes is Alphabet , which he described as a "good story" that will be "here today and tomorrow." But the stock has outperformed all its peers in the FAANG (Facebook, Amazon, Apple, Netflix, and Google) grouping except Apple . 'Be choosy' Despite the challenges of the current investing climate, Crockett said investors should remain exposed to tech. "You have to have the fortitude to ideally absorb some of the near-term gyrations for a long-term return," he said.
☆ Nasdaq divides business into three units to streamline operations
  + stars: | 2022-09-28 | by ( ) www.reuters.com   time to read: +2 min
The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. It said Market Platforms, Capital Access Platforms and Anti-Financial Crime will be the new units that will focus on digital assets, carbon markets, providing investment intelligence apart from U.S. equities. Register now for FREE unlimited access to Reuters.com RegisterNasdaq's efforts to streamline its operations come after the sector, which largely catered to stocks and derivatives, underwent an upgrade as cryptocurrencies gained popularity. Last week, Nasdaq launched a digital assets business that places it in a direct competition with crypto exchanges Binance and Coinbase Inc (COIN.O). Register now for FREE unlimited access to Reuters.com RegisterReporting by Mehnaz Yasmin in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
☆ Powell Should Stress Hawkish Stance Against Inflation: Mike Novogratz
  + stars: | 2022-09-20 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +3 min
Fed Chair Jerome Powell should stress the central bank's hawkish stance against inflation, Mike Novogratz said. "[Powell] threw us all off track a little bit two meetings ago when he said, 'I'm going to raise rates and then pause and watch.' "I think [Powell's] going to go, 'I'm going to raise rates. I'm going to stay vigilant and I'm going to raise rates until I see inflation start to crack," Novogratz said. Novogratz expects the Fed on Wednesday to raise the Fed funds rate by 75 basis points, a view largely held by investors.
<< prev 7 next >>
Total: 23