S&P 500 and Dow futures opened slightly higher, while Nasdaq futures sank as the overnight session kicked off to track a decline in heavily weighted component Amazon. The three major indexes had closed out Thursday’s regular session higher as investors contemplated more corporate earnings results and a second-quarter U.S. GDP report that missed lofty economists’ expectations. But traders appeared to take the latest economic data as a sign bolstering the Federal Reserve’s case to keep… Source link
Read More »Lucid Motors Debuts on Nasdaq Through Merger with Churchill Capital Corp IV
Lucid Motors begins trading today as Lucid Group, Inc., under the new ticker symbol “LCID” after completing a merger with Churchill Capital Corp IV The transaction brings in $4.4B, which the company plans to use to accelerate its growth and increase manufacturing capacity to capitalize on expected demand Company has over 11,000 paid reservations for Lucid Air and is on schedule to deliver its groundbreaking luxury electric vehicle in the second half of 2021 Lucid’s leadership team reflects its… Source link
Read More »US STOCKS-S&P 500, Nasdaq hit record highs on megacaps, earnings strength
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Social media stocks rally after upbeat results * AmEx jumps on blowout Q2 profit * Intel sales forecast implies rocky second half * Indexes up: Dow 0.51%, S&P 0.77%, Nasdaq 0.80% (Adds comments, updates prices to early afternoon) By Devik Jain and Shreyashi Sanyal July 23 (Reuters) – The S&P 500 and Nasdaq indexes hit record highs on Friday and were on… Source link
Read More »Hyzon Motors Inc. Announces Initiation of Trading on Nasdaq Under Ticker Symbol “HYZN”
ROCHESTER, N.Y., July 19, 2021 /PRNewswire/ –Hyzon Motors Inc. (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell-powered heavy vehicles, announced that its Class A Common Stock will commence trading at market open today, July 19, 2021, on the Nasdaq Global Select market under the ticker symbol “HYZN”. This follows the previously announced closing of the business combination between Hyzon Motors USA Inc. (f/k/a Hyzon Motors Inc.) and Hyzon Motors Inc. (f/k/a… Source link
Read More »Dow, S&P 500, Nasdaq set fresh record highs after June payrolls beat estimates
Stock futures drifted sideways on Tuesday to hold near record levels, as traders prepared to return to a relatively sanguine session following a holiday weekend in the U.S. Contracts on the S&P 500, Dow and Nasdaq hugged the flat line. Each of the major indexes jumped to fresh record highs on Friday, propelled by a June jobs report that reflected a healthy pace of recovery in the labor market but that did not suggest an overheating economy. Oil prices climbed amid a breakdown in… Source link
Read More »US STOCKS-Tesla lifts Nasdaq to record high
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Tesla rallies after opening solar charging station * Retail darlings Alfi, Torchlight extend declines * Indexes: Dow -0.07%, S&P 500 +0.07%, Nasdaq +0.21% (Adds detail on stock moves, comment from investor) By Noel Randewich and Devik Jain June 23 (Reuters) – The Nasdaq rose to an all-time high on Wednesday, fueled by a rally in Tesla Inc, with investors… Source link
Read More »Stock futures open slightly higher after Nasdaq sets record high
Stock futures opened slightly higher Tuesday evening, holding onto gains from the regular session. Earlier the three major indexes ended higher for a second straight day, and the Nasdaq Composite powered to a record high as technology stocks outperformed. Microsoft (MSFT) shares steadied after jumping to a record level, bringing its market capitalization $2 trillion. Cryptocurrency prices stabilized after slumping earlier on Tuesday. Bitcoin (BTC-USD) traded back above $32,000, after… Source link
Read More »Bitfarms to Commence Trading on Nasdaq on June 21st
TORONTO, Ontario and BROSSARD, Québec, June 17, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV:BITF // OTC:BFARF), a publicly traded Bitcoin mining company, currently powering approximately 1% of the Bitcoin network with greater than 99% green hydroelectricity, today announced that the Company has received DTC eligibility for the Company’s common shares in connection with their listing on the Nasdaq Stock Market (“Nasdaq”). Trading on Nasdaq is… Source link
Read More »23andMe shares rise 21% on first day of trading on Nasdaq
Shares of 23andMe (ME) rose 21% to close at $13.32 apiece in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal. The public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe’s outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded… Source link
Read More »Plug Power Receives Expected Notice from Nasdaq
TipRanks Fisker vs. Nikola: Which EV Startup Stock Is Primed For Upside In 2021? Electric vehicles (EVs) are proving to be an increasingly popular mode of transportation in different countries, including the United States, for their concept of clean energy and zero emissions. The U.S. Government has also been pushing for their adoption, fueling a rise in EV sales. According to a Bloomberg New Energy Finance report from last year, sales of EVs are expected to account for 10% of all passenger… Source link
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