Nasdaq has introduced a new rule that requires shareholder approval for companies looking to use stock issuances to buy cryptocurrencies. This move comes as many companies have been rushing to add crypto to their treasuries, with a total of $132 billion planned for such purchases this year. The new rule is part of Nasdaq's existing listing standards, which already r...
Work Medical Technology Group Ltd. got a heads-up from the Nasdaq Stock Market. The message came on April 7, 2025. The company's shares have been sliding below the minimum price for a while. The Nasdaq has rules. One of them is that a company's shares must stay above $1. 00. This has not been happening for Work Medical. The shares have been below this price for 30 da...
The Nasdaq exchange has set up a new regional headquarters in Dallas. This move highlights the growing appeal of Texas as a business-friendly state. The Nasdaq is the second-largest stock exchange globally, based on the total value of its listed companies. The Nasdaq's new Dallas hub aims to support both its clients and the local community. It plans to be a key meet...
Bitcoin hit a new high of $107, 000 on Monday. Why the sudden boost? President-elect Donald Trump wants the U. S. to have a bitcoin strategic reserve. This is like the country's oil reserve but for digital currency. He hopes it will give the U. S. an edge in the global market. Also, MicroStrategy joining the Nasdaq 100 index has investors feeling optimistic. This cou...
Super Micro Computer’s stock has taken a beating, dipping to $28 per share after its auditor, Ernst & Young, decided to walk away. The server company, which joined the S&P 500 in March 2024, is now in hot water, possibly facing delisting from the Nasdaq. This isn’t the first time they’re dealing with this threat. They’ve got until November 16 to come up with a plan t...
The Nasdaq stock market hit its highest value ever. This milestone is significant because it shows investor confidence in tech and growth companies. The rise was driven by big tech stocks like Apple and Amazon, which have performed exceptionally well in recent times. Investors might wonder if this is a sign of a healthy economy or a market bubble on the verge of bur...
In the world of finance, a common assumption is that technology stocks thrive in an environment of low interest rates. This notion is rooted in the idea that tech companies often promise future profits in exchange for present-day funding, making them more attractive to investors when returns are low elsewhere. However, the past two years have defied this narrative, w...
As investors eagerly await the Federal Reserve's policy meeting, stock futures are experiencing a lukewarm response. Will the central bankers' decision to cut interest rates for the first time since 2020 be the spark that sets the market ablaze? Or will it be a mere afterthought in the grand scheme of things? The S&P 500 is tantalizingly close to its July record, an...
When former President Donald Trump's social media company, Truth Social, saw its stock skyrocket, he took to his platform to express his frustration. Trump lashed out at Nasdaq, claiming that the routine trading halt was a political move, and even threatened to move the listing to the New York Stock Exchange. But is this just a case of Trump's usual antics, or is the...
The tale of Sharps Technology's struggle to maintain its Nasdaq listing is a cautionary story of the perils of underperforming stocks. The company, which has been granted approval to stay listed on the exchange, has been working tirelessly to address a bid price deficiency. The journey began with a hearing in August, where senior management and outside counsel presen...