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  • IPO Lane | Freshworks creates history with Nasdaq listing Sep 22, 2021 08:47 PM IST

    IPO Lane | Freshworks creates history with Nasdaq listing

    Business software maker Freshworks create history by ringing the bell at Nasdaq MarketSite on September 22 as the company became the first Indian software as a service (SaaS) company to go public on the US stock exchanges.

  • S&P, Nasdaq edge to record closes, energy stocks buoyant Sep 03, 2021 07:34 AM IST

    S&P, Nasdaq edge to record closes, energy stocks buoyant

    The energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.

  • ReNew Power’sNasdaq listing makes a case for SPACsin India Aug 27, 2021 10:37 AM IST

    ReNew Power’sNasdaq listing makes a case for SPACsin India

    The conditions are right for start-ups looking to list abroad through the SPAC route but the government is dragging its feet on the issue

  • Alphabet, Tesla and Amazon are among the most favourite stocks held by US-focused mutual funds. Here are top 10 stocks Aug 26, 2021 10:23 AM IST

    Alphabet, Tesla and Amazon are among the most favourite stocks held by US-focused mutual funds. Here are top 10 stocks

    Out of 48 international funds that Indian investors can invest, 12 invest in the US markets. Most of these invest in technology companies listed in the US markets.

  • ReNew Power lists on Nasdaq via SPAC Aug 25, 2021 09:40 AM IST

    ReNew Power lists on Nasdaq via SPAC

    ReNew Power Private Ltd achieved a market capitalisation of nearly $4.5 billion (about Rs 33,500 crore), the biggest listing for an Indian entity through SPAC route

  • India's overseas listing rules delayed due to tax concerns Aug 16, 2021 09:54 PM IST

    India's overseas listing rules delayed due to tax concerns

    The delay is likely to dampen hopes of investors like Tiger Global, Sequoia Capital, Lightspeed and many Indian startups who last month urged Prime Minister Narendra Modi to swiftly announce rules governing foreign listings that were given the go-ahead almost a year ago.

  • US SEC gives nod to mega $8 billion ReNew Power SPAC deal; firm’s shares may soon begin trading on Nasdaq Aug 06, 2021 05:23 PM IST

    US SEC gives nod to mega $8 billion ReNew Power SPAC deal; firm’s shares may soon begin trading on Nasdaq

    The transaction would further strenghten ReNew’s position in solar and wind energy generation for the Indian market, by funding medium-term growth opportunities. The proceeds would be used to support ReNew’s growth strategy, including the buildout of its contracted, utility-scale renewable power generation capacity, as well as to reduce debt.

  • Robinhood slides over 10% in grim Nasdaq debut Jul 29, 2021 10:46 PM IST

    Robinhood slides over 10% in grim Nasdaq debut

    Shares fell to $34 in early trading, far lower than the offer price of $38, which was at the lower of end of its initial price offering (IPO) range.

  • Online brokerage Robinhood set for tepid Nasdaq debut Jul 29, 2021 09:07 PM IST

    Online brokerage Robinhood set for tepid Nasdaq debut

    The company, arguably the breakout financial technology startup of its generation, priced its IPO on Wednesday at the lower end of its $38 to $42 range and raised $2.1 billion.

  • Robinhood IPO priced at $38 pegging valuation at $32 billion Jul 29, 2021 11:03 AM IST

    Robinhood IPO priced at $38 pegging valuation at $32 billion

    Robinhood’s revenue soared 245 percent last year to $959 million. It then hit $522 million in the first three months of 2021 alone, more than quadrupling from the year-ago level.

  • China's tech crackdown unlikely to cause much damage Jul 29, 2021 09:39 AM IST

    China's tech crackdown unlikely to cause much damage

    While the immediate damage may be curtailed to some extent, what is the guarantee that China will not change the rules of the game again? 

  • Database software company Couchbase valued at nearly $1.2 billion in Nasdaq debut Jul 23, 2021 11:06 AM IST

    Database software company Couchbase valued at nearly $1.2 billion in Nasdaq debut

    The shares opened at $29.60, well above $24 at which the company sold roughly 8.34 million shares in it upsized IPO Wednesday.

  • Asian shares dragged by vaccination lag, Wall Street fares better Jul 23, 2021 09:07 AM IST

    Asian shares dragged by vaccination lag, Wall Street fares better

    A slew of surveys on July manufacturing are expected to show a slight softening of activity in Europe and the United States, though from very high levels, while Asia looks more vulnerable.

  • Tesla lifts Wall Street to close at record highs Jul 13, 2021 07:15 AM IST

    Tesla lifts Wall Street to close at record highs

    Financials, communication services and real estate were among the leaders of the 11 S&P 500 sector indexes.

  • Wall Street ends lower as recovery momentum concerns spark sell-off Jul 09, 2021 07:42 AM IST

    Wall Street ends lower as recovery momentum concerns spark sell-off

    As the bond market rallied on a flight to safety, all three major U.S. stock indexes tumbled. The Dow’s economically sensitive transports plunged 3.3%, its biggest daily drop since October.

  • Asian shares rise after consumer confidence boosts Nasdaq to record high Jun 30, 2021 08:13 AM IST

    Asian shares rise after consumer confidence boosts Nasdaq to record high

    MSCI's global share index was set for a fifth straight month of gains on Wednesday. Its index tracking Asian shares outside Japan was set for a small monthly loss, but still on course for a fifth straight quarterly rise, its longest such streak since 2006-2007.

  • Tech stock rally sends S&P 500 and Nasdaq to record highs Jun 29, 2021 07:55 AM IST

    Tech stock rally sends S&P 500 and Nasdaq to record highs

    Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.

  • From daughter of Punjabi immigrants to Vimeo CEO: Anjali Sud wants to reimagine the future of video Jun 25, 2021 05:49 PM IST

    From daughter of Punjabi immigrants to Vimeo CEO: Anjali Sud wants to reimagine the future of video

    Vimeo CEO Anjali Sud said the video software provider will invest more in India, with its Bengaluru office likely to be its biggest outside its headquarters in the US.

  • How to start investing in U.S. markets with Stockal in less than 15 minutes May 25, 2021 09:39 PM IST

    How to start investing in U.S. markets with Stockal in less than 15 minutes

    Stockal has made this task relatively simple for first-time investors who are looking to diversify

  • Wall Street rebounds on tech boost after fewer jobless claims data May 13, 2021 09:55 PM IST

    Wall Street rebounds on tech boost after fewer jobless claims data

    The Labor Department's data showed new claims for unemployment benefits fell more than expected last week as companies held onto their workers. A separate report showed producer prices increased more than expected in April, leading to the biggest annual gain since 2010.

  • Meteoric rise in Warren Buffett's Berkshire Hathaway share price requires Nasdaq to soon upgrade system May 07, 2021 10:44 PM IST

    Meteoric rise in Warren Buffett's Berkshire Hathaway share price requires Nasdaq to soon upgrade system

    Berkshire Hathaway share price is almost close to the highest level which Nasdaq can handle on its computer screen. Till now, the biggest possible number that Nasdaq can handle is $4,294,967,295.

  • Dow ends at record high after upbeat jobless claims report May 07, 2021 07:40 AM IST

    Dow ends at record high after upbeat jobless claims report

    Lifted by Apple Inc, the S&P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.

  • Nasdaq ends sharply lower in tech sell-off May 05, 2021 07:58 AM IST

    Nasdaq ends sharply lower in tech sell-off

    Highly valued technology-related companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc sold off across the board, with Apple falling the most by 3.54%. The Philadelphia Semiconductor Index also dropped by 1.6%.

  • Asian shares slip but economic optimism keeps world shares near record high Apr 30, 2021 08:14 AM IST

    Asian shares slip but economic optimism keeps world shares near record high

    MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5% with both Japan and China falling ahead of a long weekend. Both markets will be closed through Wednesday.

  • S&P 500, Nasdaq close at record highs ahead of tech earnings wave Apr 27, 2021 08:39 AM IST

    S&P 500, Nasdaq close at record highs ahead of tech earnings wave

    The Nasdaq's record high close confirmed the end of an 11% correction in the index that began after its previous record high close on Feb. 12, with the index closing at a low on March 8.

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