The three major U.S. stock indexes opened lower, with the Dow down 0.4%, the S & P 500 down 0.6% and the Nasdaq down 0.9%. The Nasdaq China Golden Dragon fell 3% and Pinduoduo (PDD. O) fell 3.6% after missing expectations for fourth-quarter results. Apple (AAPL. O) fell 0.9% on news that it loses more than $1 billion a year on streaming. NVIDIA (NVDA. O) fell 0.6% as the company plans to spend hundreds of billions of dollars on U.S. chips and electronics over the next four years. Microchip Techn...
U.S. stock futures expanded their losses, with Nasdaq 100 futures down 1%, S & P 500 futures down 0.7%, and Dow futures down 0.5%.
AGM Group, a developer of crypto mining machines and a listed company of blockchain ASIC chips, announced that it has received a notice from Nasdaq that it does not meet the minimum bid requirements, because the closing price of the company's Class A common stock has been below the minimum price of $1.0 per share for 30 consecutive working days. If it fails to meet the Nasdaq listing rules by September 9, it will face delisting. At present, AGM Group's ASIC chips are mainly used in crypto mining...
According to official documents, Nasdaq has filed a Form 19b-4 application for the Polkadot ETF with the SEC for 21 Shares.
According to the Wall Street Journal, Nasdaq plans to establish a second U.S. headquarters in Texas, and a regional headquarters in Dallas will open later this year.
The Nasdaq Composite Index fell 0.4% to an intraday low, while Tesla's decline widened to nearly 6%.
The Nasdaq China Golden Dragon Index rose more than 4 percent, NIU (NIU. O) rose 26 percent, Baidu (BIDU. O), iQIYI (IQ. O) rose more than 7 percent, Bilibili (BILI. O) rose more than 5 percent, Alibaba (BABA. N) rose 4.8 percent, and JD.com (JD. O) rose nearly 4 percent.
The Nasdaq 100 index erased nearly 4 trillion dollars in market value! The valuation of the "Big Seven" plummeted, but it was far from reaching the bottom, and investors were discouraged. Click to view...
Economist and gold proponent Peter Schiff wrote on X that if the Nasdaq index turns from a correction to a bear market, bitcoin prices could face a serious decline. Schiff said that the current Nasdaq decline of 12%, if this correlation continues, when the Nasdaq falls by 20%, the bitcoin price will fall to about $65,000, and if the Nasdaq experiences a 40% decline, bitcoin could fall to about $20,000 or even lower. Peter Schiff pointed out that in history, bear markets have usually led to large...
Leverage Shares, an exchange-traded product provider, has announced the launch of the first cryptocurrency-centric exchange-traded fund in the United States, the Leverage Shares 2X Long Coinbase Daily ETF (COIG), which tracks Coinbase stocks and provides investors with 2x long trading exposure. The ETF will be listed on the Nasdaq.
Amber International (brand name: Amber Premium) (NASDAQ: AMBR), the crypto Financial Institution Group services and solutions provider of Amber Group, today announced that it has completed the merger transaction with iClick Interactive Asia Group Limited on March 12, Eastern Time, and officially began trading on the NASDAQ Global Market on March 13, Eastern Time under the ticker symbol "AMBR". As a core subsidiary of the Amber Group, Amber Premium will make full use of its own operating areas.
iClick Interactive Asia Group Limited, a US-listed company, announced the merger with Amber DWM Holding Limited, the holding entity of Amber Premium, a digital wealth management business of Amber Group, and obtained the final approval of Nasdaq for the post-merger listing. After the merger, the company will be renamed "Amber International Holding Limited" and will start trading on the Nasdaq Global Market with the new stock code "AMBR" from March 13, 2025.
The three major U.S. stock index futures expanded their gains, with Nasdaq 100 index futures expanding to 1%, Dow futures rising 0.63%, and S & P 500 futures rising 0.83%.
The S & P 500 and Dow regained some ground and the Nasdaq rallied after Ukraine agreed to a 30-day ceasefire with Russia.
U.S. stocks continued their decline, with the Nasdaq index falling 1%.