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Nasdaq

Chinese air taxi maker EHang completes maiden flight in Abu Dhabi as it eyes expansion in the Middle East

by Walter Watson
Chinese air taxi maker EHang completes maiden flight in Abu Dhabi as it eyes expansion in the Middle East

Chinese flying taxi maker EHang completed the first autonomous passenger-carrying flight in the Middle East, the company said on Monday, as it moves to expand in the region. The EH216-S, …

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Opinion | Suddenly, the US bull market isn’t looking so great

by Walter Watson
Opinion | Suddenly, the US bull market isn’t looking so great

I am not alone in this view. My former Far Eastern Economic Review colleague Christopher Wood (now the global head of equity strategy at investment bank Jefferies) observed in a …

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Tesla stock soars after Elon Musk promises affordable EV

by Edgar Davis
Tesla stock soars after Elon Musk promises affordable EV

Tesla investors poured back into the beaten-down company after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicles in hopes of boosting sagging profits. …

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Truth Social Files Complaint with Nasdaq, Blames Market Manipulation for Stock Price

by Ron Morgan
Truth Social Files Complaint with Nasdaq, Blames Market Manipulation for Stock Price

Trump Media, the parent company that owns Truth Social, has filed a formal complaint with the Nasdaq, expressing concern for potential market manipulation impacting the stock. Twitter Is Shifting Right …

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Philippines’ Hotel101, founded by Jollibee owner, eyes million-room, 100-country milestones while standardising rooms with dynamic pricing

by Anas Siddiqui
Philippines’ Hotel101, founded by Jollibee owner, eyes million-room, 100-country milestones while standardising rooms with dynamic pricing

“The listing in Nasdaq will elevate the brand in a totally different way, globally,” said Yulo-Luccini. “And as we build more hotels, the more recognised the brand will be, the …

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US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts

by Anas Siddiqui
US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts

Major Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts in the coming months, cheering investors who had feared a …

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Nvidia board members sell stock worth nearly $300M

by Edgar Davis
Nvidia board members sell stock worth nearly 0M

Nvidia’s board members collectively cashed in on nearly $300 million worth of holdings in the $2 trillion artificial intelligence giant so far this year, reaping the benefits of the company’s …

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Value of Chinese businesses listed on US stock exchanges dropped significantly in 2023

by Anas Siddiqui
Value of Chinese businesses listed on US stock exchanges dropped significantly in 2023

Chinese company profits and share prices have fallen sharply, with Chinese and Hong Kong shares ending 2023 down 10 per cent, some of the world’s worst performing equity markets. 05:39 …

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Market call: Chinese start-ups still crave US investors despite IPO challenges, bilateral friction

by Walter Watson
Market call: Chinese start-ups still crave US investors despite IPO challenges, bilateral friction

Less clear is whether the largest, most attractive Chinese companies want to navigate the shifting maze of impediments for a US listing – and how interested foreign investors are. Ethan …

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SEC acknowledges Nasdaq’s spot Bitcoin ETF options request

by Isaac Wright
SEC acknowledges Nasdaq’s spot Bitcoin ETF options request

Options trading for spot Bitcoin ETFs may be up after a Securities and Exchange Commission nod allowed multiple “non-security commodity” funds to list on U.S. exchanges. Nasdaq submitted 19b-4 filings …

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