NASDAQ

Platform Industry: Wall Street, IPO's and stock performance

Investors eye Big Tech as stock market wobbles

Technology stocks are bearing the brunt of a recent market selloff, putting a spotlight on how an extended downturn in the sector could weigh on broader equity indexes.

Platform News: GameStop

Meme stocks soar in late day trading surge, short sellers knocked

Shares of several retail trading darlings, including AMC Entertainment and GameStop, surged in heavy volume yesterday, on no apparent news, dealing over $1 billion in losses to sho...

Platform News: Duolingo

Duolingo enters ‘major leagues’ with $6.5 billion valuation in strong debut

Language learning app Duolingo notched a valuation of $6.5 billion after its shares surged nearly 40% in the company’s Nasdaq debut, becoming the latest education technology ...

Platform News: China

International investor concerns mount over China’s tech rout

International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China’s top tech stocks and began to seep into currency and deb...

Platform News: Duolingo

Language-learning app Duolingo files for US IPO, reveals revenue surge

Language-learning app Duolingo Inc has filed for a US initial public offering and revealed that its revenue more than doubled in the first quarter this year.

Platform News: FinTech trading app Robinhood

Robinhood CEO calls for changes to exchange pricing rules

US securities rules should be changed to allow stock exchanges to quote bids and offers in price increments of less than a penny so they can better compete with wholesale brokerage...

Didi V2X

China’s Didi reveals US IPO filing, sets stage for blockbuster float

Didi Chuxing, China’s biggest ride-hailing firm, has made public its filing for a US stock market listing, setting the stage for what is expected to be the world’s bigg...

Platform News: Marqeta

Payments start-up Marqeta valued at over $17 billion in Nasdaq debut

Shares of Marqeta Inc, which provides payments services to customers including Uber and DoorDash, rose more than 20% in their Nasdaq debut, giving the firm a market capitalization ...

Global-e e-commerce vendor

Israel’s Global-e valued at nearly $3.6 billion in Nasdaq debut

Shares of Global-e Online Ltd rose as much as 1% in their Nasdaq debut yesterday, giving the cross-border e-commerce platform a market capitalization of nearly $3.6 billion.

Platform News: Wall Street in New York

Tech selloff in focus as Nasdaq falls away from record highs

Wall Street’s main indexes tumbled on Tuesday, with the Nasdaq opening down 2% before steadying a bit, as technology-related stocks with lofty valuations extended losses amid...

Platform News: KKR investments

KKR-backed KnowBe4 valued at over $3.5 billion in strong Nasdaq debut

Cybersecurity vendor KnowBe4 Inc has joined a string of technology-focused companies that saw strong market debuts in the US this year, after its shares opened nearly 25% above the...

Platform News: Streaming services, including Netflix

Netflix subscriber growth starts to slow after pandemic boom

Netflix Inc said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter, sending shares of the world’s largest streaming ser...

Crypto News: Coinbase

Coinbase jumps 11% day after Nasdaq debut

Shares in Coinbase jumped 11% in early trades on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it at more ...

Platform News: Bitcoin and the rise of cryptocurrencies

Coinbase’s Nasdaq listing marks latest step in crypto’s move to the mainstream

Coinbase, the largest US-based cryptocurrency exchange, will finally list on the Nasdaq later today, marking a milestone in the journey of digital currencies from niche technology ...

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