With predicted revenue for Q1 listed at $1.13bn, these positive results led to a surge in the ZM share price on the Nasdaq, taking the market cap to $20.76bn in the process. As part of the results announcement, ZM also confirmed that it will be buying back up to $1.5bn of its shares. While the…
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Companies such as Novo Nordisk (NVO) and Eli Lilly and Company (LLY) saw their respective share prices soar after successes with drugs such as Ozempic, Wegovy, and Mounjaro. This spurred smaller organisations, such as Viking, to test the anti-obesity market. Based on CNBC data, the obesity drug sector could total a value of roughly $100bn…
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Nasdaq’s new contractual options are based on the exchange-traded products of the United States Oil Fund, SPDR Gold Shares, iShares 20+ year Treasure Bond ETF (TLT), United States Natural Gas Fund and iShares Silver Trust. The short-term options market is well built for stock index products, and, while it has historically been the case that…
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The company plans to list approximately 19.2 million shares for between $27 and $29 each, a $2 raise from its earlier indication of between $25 and $27. Nearly 20 times oversubscribed on the back of investor interest, experts are predicting a strong start on the New York Stock Exchange (NYSE). The positive response to the…
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This IPO is not only the largest of the year but also the largest in the past two years. Since the Rivian IPO, nothing has made a market splash like Arm since 2021. Palpable excitement among investors boosted the Dow Jones by more than 330 points. Softbank, Arm’s parent company, acquired the chip maker for…
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Dynamic M-ELO aims to speed up order matches and minimise market impact, boosting the efficiency of an already speedy stock market even more. According to the exchange, this will establish better trading outcomes. This initiative follows predictive AI, the Strike Price Optimisation Programme, implemented in the Nasdaq U.S. options market earlier this year. It enhanced…
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Global Brokerage, Inc. (NASDAQ:GLBR), formerly known as FXCM Inc, announced today that it has notified The NASDAQ Stock Market (Nasdaq) of its intention to voluntarily withdraw its Class A common stock, par value $0.01 (the "Common Stock"), from listing on The NASDAQ Capital Market (the "Exchange"). Global Brokerage intends to file a Form 25, Notification…
Read moreMongoDB, Inc. (Nasdaq:MDB), the modern, general purpose database platform, rang the opening bell at the Nasdaq MarketSite in Times Square yesterday in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. MongoDB’s platform unleashes the power of software and data for developers and the applications they build. A database is at the…
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