NASDAQ

  • Hello Again, NASDAQ 5,000

    Hello Again, NASDAQ 5,000

    Update: The NASDAQ closed at 5,008.10, up 0.9 percent on the day. That the index closed over the 5,000 mark is even more interesting that it managed to break the level during intraday trading.  The NASDAQ Composite index, a barometer of sorts of the technology industry, traded north of the 5,000 mark today. It was the first time the Composite had traded at that level since the late 90s… Read More

  • India’s Homeshop18 Files For $75M Nasdaq IPO, Ahead Of Bigger E-Commerce Rivals

    India’s Homeshop18 Files For $75M Nasdaq IPO, Ahead Of Bigger E-Commerce Rivals

    Homeshop18, an Indian TV shopping and online retail company owned by media conglomerate Network18 Media, has filed for $75 million IPO on Nasdaq, ahead of much-awaited listings of bigger e-commerce rivals in the country such as Flipkart and Snapdeal. In October last year, Homeshop18 had raised $14 million in fresh round of funding from Korea’s GS Home Shopping among other investors. Read More

  • NASDAQ Finally Launches Its Market For Privately-Held Companies

    NASDAQ Finally Launches Its Market For Privately-Held Companies

    Just as the JOBS Act kick-starts bigger markets for shares of privately held companies, NASDAQ is launching its own entrant in the field. The U.S. stock exchange, which hosts tech companies like Apple, Google and Facebook, is finally opening its private company marketplace to let growth-stage companies tap institutional investors for capital and employee liquidity. They’re part of a… Read More

  • Apple Has Repurchased $14 Billion Of AAPL Shares Over The Past Two Weeks

    Apple Has Repurchased $14 Billion Of AAPL Shares Over The Past Two Weeks

    You can feel Carl Icahn’s presence in Tim Cook’s recent announcement to the Wall Street Journal — Apple just repurchased the equivalent of $14 billion in Apple shares as part of its massive share buyback program. At today’s market capitalization, it represents just over 3 percent of the company. As a reminder, activist investor Carl Icahn recently lobbied on Twitter… Read More

  • Facebook Shares Jump 16 Percent After Good Earnings And Paper Announcement

    Facebook Shares Jump 16 Percent After Good Earnings And Paper Announcement

    Facebook shares (NASDAQ:FB) have already been on the rise for the past few months, which makes today’s performance even more impressive — shares opened at $62.12, sixteen percent above yesterday’s closing price of $53.53 a share. In other words, Facebook’s market capitalization gained more than $20 billion in a single night. It now sits at $151 billion. The two reasons… Read More

  • Microsoft Initiates Massive $40 Billion Share Buyback Program

    Microsoft Initiates Massive $40 Billion Share Buyback Program

    Shortly before market opening, Microsoft (NASDAQ:MSFT) announced a new massive buyback program as well as a dividend increase. The new buyback program comes after the expiration of a previous $40 billion program that is set to expire on September 2013. In other words, today’s news is a confirmation of Microsoft’s commitment to invest its cash in its own stock. Quarterly dividend… Read More

  • Nokia Shares Pop 47% On News Of Microsoft Deal

    Nokia Shares Pop 47% On News Of Microsoft Deal

    The deal hasn’t closed yet, but investors are already approving or penalizing Microsoft’s acquisition of Nokia devices, depending on the company. Microsoft shares opened down 5.2 percent to $31.75. In the meantime, earlier today, Nokia shares (HEL:NOK1V) opened at €4.36. Compared to yesterday’s closing price of €2.96, it represents a whopping 47 percent increase. Now… Read More

  • Apple Shares Hit $500 Again, Representing A Massive $100 Billion Market Cap Gain In 48 Days

    Apple Shares Hit $500 Again, Representing A Massive $100 Billion Market Cap Gain In 48 Days

    Apple shares (NASDAQ:AAPL) are currently up 2.79 percent to $503.25 a share in the wake of Carl Icahn’s lobbying efforts on Twitter. Yet, the stock performance of the past two days shouldn’t diminish the overall performance over the past two months. In less than two months, Apple has indeed gained $100 billion in market capitalization. On June 27 of this year, shares closed at… Read More

  • Facebook Shares Open At $38.22, Finally Return To IPO Price After A Year Of Turmoil

    Facebook Shares Open At $38.22, Finally Return To IPO Price After A Year Of Turmoil

    Facebook shares (NASDAQ:FB) finally broke the psychological glass ceiling of $38 a share, Facebook’s IPO price. Currently trading at $38.22 a share, the stock is slightly up 1.52 percent compared to yesterday’s closing price — it opened at $37.98 but popped above $38 in seconds. It has been a tumultuous year for the stock, but investors now seem to be satisfied with… Read More