Nasdaq | ABS-CBN News

Nasdaq retreats ahead of Big Tech earnings rush

Agence France-Presse
Posted at Jul 26 08:36 AM

nvestors pulled back on tech shares ahead of a deluge of market-moving central bank and corporate announcements in the coming days. Read more »

Meta's shock share price drop shakes world tech

ABS-CBN News
Posted at Feb 03 08:46 PM

Shares in Facebook owner Meta fell 20 percent in US premarket trade on Thursday after the social media giant issued a dismal forecast. Read more »

Grab shares rise in US debut after record $40B SPAC merger

Reuters
Posted at Dec 03 08:39 AM

Shares of Grab rose 18 percent in their US market debut on Thursday, after Southeast Asia's biggest ride-hailing and delivery firm inked a record $40 billion merger with a blank-check company. Read more »

Grab's Nasdaq debut to set tone for ASEAN tech listings

Anshuman Daga and Aradhana Aravindan, Reuters
Updated as of Dec 02 02:11 PM

Grab will begin trading on Nasdaq under the ticker symbol "GRAB." Read more »

Revamped WeWork rises in Nasdaq debut

Agence France-Presse
Posted at Oct 22 09:08 AM

The office-sharing company WeWork made a strong Wall Street debut on Thursday, two years after a previous attempt disintegrated in spectacular fashion. Read more »

Bitcoin notches record high, day after US ETF debut

Reuters
Posted at Oct 21 09:39 AM

Bitcoin climbed to a record high on Wednesday, and the first US bitcoin futures-based exchange-traded fund (ETF) built on gains after a solid debut on Tuesday. Read more »

Bitcoin on cusp of all-time high ahead of futures ETF listing

Tom Wilson and Tom Westbrook, Reuters
Posted at Oct 19 06:24 PM

Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday. Read more »

US stocks edge down on virus woes, slowing economy

Echo Wang, Reuters
Posted at Aug 03 09:31 AM

The S&P 500 Index closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the coronavirus and a slowing US economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season. Read more »

Globe Telecom's Ernest Cu joins board of Nasdaq-listed LivePerson Inc

ABS-CBN News
Posted at Apr 27 10:28 AM

Globe Telecom president and CEO Ernest Cu will be joining the board of directors of AI company LivePerson Inc which is listed on the US' Nasdaq, the telco said Tuesday. Read more »

Coinbase heads for $89 billion valuation in Nasdaq debut

Reuters
Posted at Apr 15 08:29 AM

Shares of Coinbase Global Inc were set to jump 36 percent above their reference price in the cryptocurrency exchange's market debut on Wednesday, the latest sign of the surge in interest and trading in bitcoin and other digital currencies. Read more »

Coinbase reference price set at $250 per share, values exchange at $65B

Agence France-Presse
Posted at Apr 14 09:32 AM

The Nasdaq on Tuesday set the reference price for cryptocurrency exchange Coinbase at $250 per-share ahead of the company's trading debut, one of Wall Street's most anticipated events of the year.  Read more »

PH shares join Asia rally after Nasdaq's best day since November

ABS-CBN News
Posted at Mar 10 10:18 PM

Philippine shares joined an Asian rally following Nasdaq's best finish since November last year. Read more »

Asian stocks on hold for Lunar New Year, bitcoin eyes record highs

Stanley White and David Henry, Reuters
Posted at Feb 12 02:50 PM

Asian shares hovered just below a record high on Friday as mixed U.S. economic data caused some investors to show restraint after a global stock market rally pushed many bourses to dizzying heights. Read more »

Asian shares near all-time peak, oil heads to $60 on economic revival hopes

Swati Pandey, Reuters
Posted at Feb 08 11:12 AM

Asian shares hovered near record highs on Monday while oil edged closer to $60 a barrel on hopes a $1.9 trillion COVID-19 aid package will be passed by U.S. lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally. Read more »

Asian shares under pressure on rising coronavirus cases

Swati Pandey, Reuters
Posted at Jan 25 09:48 AM

Asian shares were on the defensive on Monday as rising COVID-19 cases and doubts over the ability of vaccine makers to supply the promised doses on time soured risk appetite. Read more »

Asian markets set for messy open after U.S. stocks peak following Biden inauguration

Jessica DiNapoli, Reuters
Posted at Jan 22 09:46 AM

Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to counteract the COVID-19 pandemic promised by newly inaugurated U.S. President Joe Biden. Read more »

Asia shares step back, await China economic update

Reuters
Posted at Jan 18 10:00 AM

SYDNEY - Asian share markets retreated from highs on Monday as disappointing news on U.S. consumer spending tempered risk sentiment ahead of a closely-watched reading on the health of the Chinese economy. Read more »

Asia shares mostly lower amid rising coronavirus cases, Washington turmoil

Chibuike Oguh, Reuters
Posted at Jan 12 09:28 AM

Asian stocks were mostly lower on Tuesday, tracking Wall Street declines as political turmoil in Washington and rising coronavirus cases worldwide weighed on sentiment ahead of the start of the quarterly earnings season. Read more »

Asia shares start new year in upbeat mood, much already priced in

Reuters
Posted at Jan 04 09:14 AM

Asian share markets got the new year off to a solid start on Monday on expectations central banks will keep money super cheap while the rollout of coronavirus vaccines helps slowly revive the global economy. Read more »

Asian shares hit record high as investors bet on recovery next year

Hideyuki Sano, Reuters
Posted at Dec 30 11:40 AM

Asian shares hit a record high on Wednesday as investors bet on a strong economic recovery next year, as there is little sign policymakers wind back massive stimulus efforts aimed at staving off coronavirus-fuelled downturns. Read more »