Tag Archives: Nasdaq

U.S. equities rose modestly on Thursday morning, with Wall Street buoyed by the Federal Reserve’s indication of further rate cuts and Nvidia’s surprise multibillion-dollar investment in Intel. The S&P 500 extended gains past 6,600, while tech stocks helped fuel optimism despite lingering concerns about inflation and labor market weakness. Market Moves After Fed’s Policy Shift The benchmark S&P 500 advanced …

Gemini’s much-anticipated initial public offering (IPO) has raised $425 million, reaching the firm’s self-imposed ceiling despite massive investor demand. The cryptocurrency exchange, founded by the Winklevoss twins, completed its debut on the Nasdaq with an offering that was oversubscribed more than 20 times. According to Bloomberg, Gemini issued roughly 15.2 million shares at $28 each, above the initial price range …

Both global equities and the cryptocurrency market have taken a sharp hit this week as investors brace for Federal Reserve Chair Jerome Powell’s remarks at the annual Jackson Hole Symposium in Wyoming. This high-profile gathering of central bankers, policymakers, and economists has historically served as a platform for major policy signals, and markets are reacting with caution. Bitcoin has retreated …

Financial markets faced renewed turbulence on Friday, July 11, following former President Donald Trump’s aggressive trade rhetoric, including proposed new tariffs on key U.S. trading partners. The Dow Jones Industrial Average bore the brunt of the pressure, while cryptocurrency markets defied the trend with sharp gains, led by Bitcoin and a wave of altcoins. Dow Dips, Tech Stays Steady, Crypto …