Companies enacting stock splits are currently all the rage on Wall Street. A stock split allows a publicly traded company to alter its share price and outstanding share count without impacting its market cap or operating performance. Although all eyes have been on high-profile stock-split stocks like Nvidia and Broadcom, which both recently announced 10-for-1 […]
STORY: Shein has already filed papers for a London share listing. That’s according to Reuters sources, who say the fast fashion firm confidentially made the move in early June. It’s not clear when the share sale might now take place. China-founded Shein began to explore a London listing early this year. That was after its […]
Aside from artificial intelligence (AI), companies enacting stock splits are the hottest thing on Wall Street. A stock split allows a publicly traded company to cosmetically alter its share price and outstanding share count while having no impact on its market cap or operating performance. In particular, investors have focused their attention on high-flying stocks […]
Anyone not living under a proverbial rock has heard of — and likely uses — Amazon.com (AMZN) and PayPal (PYPL). While new issue Kaspi.kz (KSPI) doesn’t command such household-name status in the U.S., the Kazakhstan-based player in the payment processing and “buy now, pay later” space is growing rapidly across Central Asia. X In each […]
BEIJING (Reuters) -China’s securities regulator said on Monday it has approved autonomous driving startup Momenta Global Limited’s initial public offering (IPO) in the United States. Momenta plans to issue up to 63,352,856 ordinary shares and list on the Nasdaq Stock Market or the New York Stock Exchange, the regulator said in a statement. China in […]
By Sethuraman N R, Nandan Mandayam and Aditi Shah NEW DELHI (Reuters) -Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai which could be the nation’s biggest and will see the South Korean parent sell a stake of up to 17.5% in the company. The IPO will make […]
A recent boom in convertible bond sales is kindling hopes that Hong Kong’s capital market is warming up after a years-long chill, with Wall Street banks readying themselves to bask in the glow. A combined US$10.5 billion in convertible bond offerings by Chinese tech leaders including JD.com, Alibaba Group Holding, Trip.com and Lenovo Group has […]
Tempus AI (TEM) made its trading debut on the Nasdaq via an IPO. The stock has popped in Friday trading after opening at $37 per share. Market Domination Anchors Julie Hyman and Josh Lipton look at Tempus in the broader AI narrative For more expert insight and the latest market action, click here to watch […]
By Kane Wu, Julie Zhu, Selena Li and Scott Murdoch HONG KONG (Reuters) – More than a year after China pledged to smoothen the process for offshore listings, firms are reeling from a regulatory logjam that is unlikely to ease soon, and staring at the prospects of sharply lower valuations even as market sentiment improves. […]
In today’s video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 29, 2024. The video was published on May 29, 2024. Should you invest $1,000 in Nvidia right now? […]
Mediterranean fast-casual food chain Cava Group (CAVA) reports Q1 earnings late Tuesday. CAVA stock hit a fresh record high ahead of results, with the hot IPO nearly doubling in 2024. X Stifel on Tuesday hiked its price target on CAVA stock to 90 from 66 and maintained a buy rating on shares, The Fly reported. […]
Donald Trump’s Truth Social Shows 55% Increase In Site Traffic Since IPO As Stock Rockets 123% From Lows Amid Short Squeeze Speculation Truth Social, through its public entity Trump Media & Technology Group Corp (NASDAQ:DJT), has been on an incredibly volatile run since officially going public in March. Following its IPO, the company reached highs […]