NASDAQ

The US Securities and Exchange Commission (SEC) is investigating Baidu’s iQiyi (IQ), aka “the Netflix of China,” after an activist crew of short sellers alleged the video streaming platform cooks its books. “The SEC‘s Division of Enforcement is seeking the production of certain financial and operating records dating from January 1, 2018,…

BEIJING, Aug. 10, 2020 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the second quarter ended June 30, 2020. Second Quarter Highlights The privatization of Changyou was completed on April 17, 2020. After the effectiveness of…

BEIJING, Aug. 10, 2020 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the second quarter ended June 30, 2020. Second Quarter Highlights The privatization of Changyou was completed on April 17, 2020. After the effectiveness of…

The Nasdaq closed above 11,000 for the first time on Thursday, ending the session higher for the seventh time in a row and eighth session in nine. It has gained nearly 10% since July 1.Why it matters: It's not just tech stocks that have rallied recently. Just about every asset…

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A slew of high-profile headlines led by Microsoft's expected acquisition of social media video app TikTok helped bring the Nasdaq to another record high on Monday.Why it matters: The mergers-and-acquisitions market looks like it's bouncing back, joining the revived credit and equity markets as well as the market for new…

3.05pm BST15:05 Closing summary Stock markets around the world are pushing higher, with the UK’s FTSE 100 index up 1.86%, Germany’s Dax 2.4% ahead and France’s CAC rising 1.78%. On Wall Street, the Dow Jones rose 0.46%, the S&P 500 advanced 0.5% and the Nasdaq gained 1.2% to 10,876. Gold…

BEIJING (Reuters) - Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange.FILE PHOTO: A woman leaves a store of the Chinese coffee house chain Luckin Coffee in Beijing, China, July 8, 2020. Picture taken…

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July 30, 2020 SEATTLE, July 30, 2020 /PRNewswire/ -- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the second quarter ended June 30, 2020. All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation, depreciation and amortization, and expenses related to actions taken in…