NASDAQ

What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it plunged more than 20% in March 2020 at the start…

NEW YORK, NY / ACCESSWIRE / September 23, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Alpha Property & Casualty, Inc. ("Alpha" or "Alpha Insurance Group"), a licensed insurance…

WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / September 23, 2022 / Mobile Global Esports Inc. (NASDAQ:MGAM), the mobile esports and social platform company that holds trademark and IP rights for collegiate esports tournaments, teams and players in India, today announced the closing of its previously announced private placement with…

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…

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…

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. …

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…

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…

Chicago - Varun Laroyia Appointed Chief Executive Officer and Managing Director of LKQ Europe; Rick Galloway Appointed Senior Vice President and Chief Financial Officer of LKQ. LKQ Corporation (Nasdaq: LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the following…

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…