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NASDAQ

Li Auto Establishes Vehicle Services Firm in Shanghai With 1B Yuan NASDAQ

Li Auto Establishes Vehicle Services Firm in Shanghai With 1B Yuan

Nasdaq-listed Chinese new energy vehicle company Li Auto has recently set up a new automobile services company in Shanghai. The registered capital of the firm has reportedly reached 1 billion yuan ($140.4 million). According to public information, the subsidiary was established on September 16, 2022. The firm’s legal representative is…
bubmag
September 23, 2022
If You’re Hungry for Value, Take a Bite on Ruth’s Hospitality Grp NASDAQ

If You’re Hungry for Value, Take a Bite on Ruth’s Hospitality Grp

The fine dining segment tends to hold up margins better than fast-casual restaurants Ruth’s raised menu prices by 7%, which helped to improve margins Shares are trading well below its average 17X forward earnings at 12X Premium steak house operator Ruths Hospitality Group (NASDAQ: RUTH) stock is performing slightly better…
bubmag
September 21, 2022
Nasdaq Readies Crypto Custodial Offering For Institutional Players NASDAQ

Nasdaq Readies Crypto Custodial Offering For Institutional Players

Summary: Nasdaq.Inc has eyes on offering crypto custodial services to institutional investors.The stock exchange boasts a new digital department led by former Gemini official Ira Auerbach.This is Nasdaq’s first major push into the crypto market.Exchange officials said the company is equipped to navigate regulatory requirements regarding expanding its crypto-focused services. …
bubmag
September 20, 2022
Nasdaq Takes Crypto Bet With Custody Service for Institutions NASDAQ

Nasdaq Takes Crypto Bet With Custody Service for Institutions

Nasdaq’s new digital assets team will initially offer custody services for the top two cryptocurrencies to institutional investors. Key Takeaways Nasdaq is launching a crypto custody arm. Nasdaq Digital Assets is hoping to take advantage of the institutional market's growing appetite for digital assets. Institutional interest in crypto has grown…
bubmag
September 20, 2022
Nasdaq Establishes New Digital Assets Business, Business News NASDAQ

Nasdaq Establishes New Digital Assets Business, Business News

Underpins Nasdaq’s Focus on Advancing the Transformation of Markets and Driving Broader Institutional Adoption of Digital Assets Subject to Regulatory Approval, Nasdaq Digital Assets Will Provide a Proprietary Custody Solution with Liquidity and Execution Services for Financial Institutions Appoints Ira Auerbach, Former Global Head of Gemini Prime, to Lead New…
bubmag
September 20, 2022
Not so fast on dumping FAANGS – Omba’s Mark Perchtold explains why the worst may soon be over for the Nasdaq’s fallen angels NASDAQ

Not so fast on dumping FAANGS – Omba’s Mark Perchtold explains why the worst may soon be over for the Nasdaq’s fallen angels

In recent weeks, the BizNews tribe has been subjected to strong opinions on why ‘Value’ stocks are about to enjoy a massive re-rating – and high flyers of the past few years set to fall even further after the recent 30% correction. London-based Mark Perchtold presents the counter view, arguing…
bubmag
September 16, 2022
MULN Stock Forecast: Mullen Automotive loses 6% in Tuesday morning session NASDAQ

MULN Stock Forecast: Mullen Automotive loses 6% in Tuesday morning session

NASDAQ:MULN gained 2.18% during Monday’s trading session. EV stocks rise again as Tesla extends its winning streak. Lucid stock receives an upgrade on the strength of its battery technology. UPDATE: Mullen Automotive stock sank 6.7% to $0.5378 in Tuesday's morning session. MULN has mostly been heading lower since hitting a…
bubmag
September 13, 2022