Asian shares are showing a mixed picture on Tuesday after a volatile day in U.S. equity markets amid persistent concerns over the record number of new coronavirus cases worldwide and signs of an economic rebound. Australian S&P/ASX 200 futures lost 0.76% in early trading, Japan's Nikkei 225 futures added 0.22%, and Hong Kong's Hang Seng index futures rose 0.39%. After a strong start in the United States, equity markets sold off when California announced it was slowing the state’s reopening, shutting bars and banning indoor restaurant dining statewide in response to a surge in coronavirus cases.

The steep ascent of Big Tech, which is fueling a resurgent stock market despite a deepening pandemic, underscores the enduring power of the industry as consumption of it escalates in a work-from-home economy.

13 Jul, 2020 @ 23:00 by Yahoo! Finance

S&P; 500 down 0.94% Continue reading...

13 Jul, 2020 @ 22:40 by FinancialContent

The tech giant is giving the young upstart its independence.

13 Jul, 2020 @ 22:39 by FinancialContent

A significant pullback in the Nasdaq led by the monsters of tech today. This is what happens when the markets are so heavily weighted in very few stocks.

13 Jul, 2020 @ 22:35 by FinancialContent

PepsiCo giant kicked off the week with solid earnings, and a major gambling market is set to reopen this week. It wasn't enough to keep stocks from turning down sharply at the end of the day as we head into earnings season.

The S&P 500 and Nasdaq ended lower on Monday, pulled down by Amazon, Microsoft and other recent big-name leaders of Wall Street's recent rally. The S&P 500 dipped after briefly touching its highest level since Feb. 25. Stocks that outperformed in recent months, including Amazon , Microsoft, Nvidia and Facebook , ended down more than 2% after gaining earlier in the day.

A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat.

U.S. stock indexes squandered a powerful, technology-led rally Monday, with gains collapsing as California signaled that it was re-imposing some restrictions on business reopenings as coronavirus cases rise in the Golden state. The Nasdaq Composite index swung from nearly a 2% gain early Monday to a decline of about 2.1% at about 10,390. Tech-related names like Tesla , whose shares were enjoying a 14% gain earlier in the session, closed off 3.1% on the session, after touching a record-setting market value of more than $320 billion. California Gov. Gavin Newsom ordered all dine-in restaurants, bars, movie theaters, museums across the state to close Monday. Meanwhile, the Dow Jones Industrial Average closed with a meager gain of 0.1% at around 26,086, but had hit a intraday peak at 26,639, while the S&P 500 index finished down 1% after hitting an intraday peak at 3,235.

13 Jul, 2020 @ 19:30 by Seeking Alpha

A novel index of 50 low-capitalization cryptocurrencies made new all-time highs as it continues to outperform bitcoin.

13 Jul, 2020 @ 19:00 by Yahoo! Finance

As Elon Musk settles into being richer than Warren Buffett, NLW looks at what is driving the Tesla stock rally.

13 Jul, 2020 @ 18:54 by Yahoo! Finance

My Top Stock Picks Review

Mizuho Securities analyst James Lee asserts that new contract activity for cloud computing has recovered to 85% of pre-Covid levels, and should accelerate into the second half.

13 Jul, 2020 @ 18:46 by Yahoo! Finance

Looking for the best growth stocks to buy? Start by identifying the seven traits of winning stocks, then use IBD screens to find stocks showing them now.

Have you googled Chainlink lately? You're far from the only one, according to new data.

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

The past has shown that stock prices can remain above so-called trend channels for a long time.

Boosted by giant and smaller clients like Walmart, General Electric, Spotify and Lyft, Atlassian stock is testing new buy zone.

Microsoft Corp. on Monday announced the winners and finalists of the 2020 Microsoft Partner of the Year Awards. The annual awards recognize Microsoft partners demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. Award winners and finalists from around the world will be recognized at the first-ever digital Microsoft Inspire, July 21-22, 2020.

(Bloomberg) -- Amazon.com Inc. shares rallied on Monday, and the advance lifted the company’s market capitalization above Microsoft Corp. for the first time in more than a year.The stock rose as much as 4.5% in its fourth straight daily advance, giving the e-commerce and cloud-computing company a valuation of about $1.66 trillion, or about $30 billion more than Microsoft’s market capitalization. According to an analysis of Bloomberg data, Amazon last exceeded Microsoft in size in February 2019.Recent gains in Amazon have come amid a growing consensus that it will be a major winner from the pandemic, which has accelerated a shift to online retail and fueled demand for cloud-computing services. Earlier, Cowen raised its price target to the highest on the Street, citing the continued “demand surge” from the pandemic, “in particular as the U.S. faces staggered and sometimes halted re-openings.”Among U.S. stocks, Amazon’s rally means it is second only to Apple Inc. in size; the iPhone maker’s market cap leads at $1.73 trillion. A rally in mega-cap tech and internet stocks has also resulted in Google-parent Alphabet Inc. eclipsing $1 trillion in market cap recently.Globally, the list is topped by Saudi Aramco, Saudi Arabia’s national oil company, which currently has a market cap of about $1.78 trillion.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

13 Jul, 2020 @ 16:35 by Yahoo! Finance

Bitcoin's mining difficulty is at a record high, Singapore's CBDC may find commercial use and Chinese companies are going in on Filecoin.

The first vote on Polkadot will be to see whether the DOT supply should be redenominated by a "logical" 100x or even by 1,000x.

13 Jul, 2020 @ 16:00 by Yahoo! Finance

With BTC mining difficulty reaching a new record high, CoinDesk's Markets Daily is back with your bitcoin news roundup!

13 Jul, 2020 @ 15:50 by Yahoo! Finance

The bitcoin mining difficulty jumped 9.89% on Monday, pushing the total rate to above 17 trillion for the first time.The post Bitcoin's mining difficulty hits a new all-time high appeared first on The Block.

Adena Friedman has been the CEO of Nasdaq, Inc. (NASDAQ:NDAQ) since 2017, and this article will examine the...

13 Jul, 2020 @ 15:41 by FinancialContent

S&P 500 Index (SPX) 3185.04 added 55.03 points or +1.76% last week, closing the breakaway gap that formed a potential Island Top Reversal.

13 Jul, 2020 @ 15:25 by Yahoo! Finance

The trend and momentum are clearly to the upside. There is also a lot of room between the current price at 1.1366 and the next main top at 1.1422.

Apple shares opened the week with another strong push to the upside, rallying toward a fourth straight record and approaching a $2 trillion valuation. Will it last?

13 Jul, 2020 @ 15:11 by Yahoo! Finance

These are the top 10 most heavily weighted stocks in the S&P 500 Index. See which stocks fell in the rankings, and which rose.

The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.

New pilot collaboration offers single, integrated portal for managing devices and smart appliances in buildings

Shares of Moderna Inc. shot up 9.3% in morning trading Monday, after Nasdaq said it was adding the drugmaker to the Nasdaq 100 Index , before the market opens on July 20. The index includes the 100 largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization. Moderna's stock has more than tripled year to date, up 250%, to lift the companies market cap to $26.56 billion, amid investor optimism over the companies investigational COVID-19 vaccine candidate. In comparison, the Nasdaq 100 has rallied 26.2% this year and the S&P 500 has slipped 0.3%. Nasdaq said Moderna will be replacing CoStar Group Inc. in the Nasdaq 100, due to "reclassification based on industry classification benchmark. Shares of CoStar, which provides commercial real estate information and analytics, fell 1.2%.

13 Jul, 2020 @ 14:52 by Yahoo! Finance

By Yasin Ebrahim

U.S. stocks on Monday morning were rallying, with gains driving the broad-market S&P 500 index to within 5% of its most recent record, a move that is underscoring a rebound for the equity markets since its March collapse that had been induced by panic about the economic impact of the COVID-19 pandemic. The S&P 500 was most recently up 1% at around 3,218, just within 5% of its Feb. 19 peak at 3,386.15, according to FactSet data. Although concerns about the economic outlook haven't evaporated, investors are continually betting that the a rise in cases derived from the novel strain of coronavirus won't significantly derail a rapid and sharp, or V-shaped, economic recovery. The broad market's elevated value also is due to stimulus from the government and the Federal Reserve, which has helped to support a rally in mega-capitalization stocks that are technology or technology related, including Amazon.com Inc. , Microsoft Inc. , Apple Inc. and Tesla Inc. among them, which are viewed as more resilient to the harm from business closures due to the epidemic. Those companies are also considered solid bets on the future of the economy outside of the pandemic that has rocked global economies and markets. The tech-heavy Nasdaq Composite Index , against that backdrop, has been on a tear, and was on track for its 28th record of 2020. The Nasdaq-100 , consisting of the largest 100 companies within the Nasdaq, also has been trading firmly in record territory. Meanwhile, the Dow Jones Industrial Average, which comprises a number of companies considered more economically sensitive, has lagged behind its peers, but was still up firmly. The Dow at last check was up 321 points, or 1.2%, at 26,397, but about 10% from its Feb. 12 record closing high at 29,551.42. Monday's rally in particularly was at least partly on the back that of hope that new coronavirus vaccine candidates will help mitigate a recent resurgence in cases.

‘Raise taxes on people like us. Immediately. Substantially. Permanently.’

13 Jul, 2020 @ 14:31 by FinancialContent

Monday's morning session saw 171 companies set new 52-week highs. Noteworthy Highlights: Apple(NASDAQ: AAPL)was ...

13 Jul, 2020 @ 14:30 by Yahoo! Finance

Altcoins have been in a prolonged downtrend ever since the ICO bubble burst at the start of 2018, but a recovery may be on the cards in Q4 of this year according to eToro market analyst Simon Peters. This year has been a rollercoaster for all global capital markets, with major crashes in cryptocurrencies and stock markets being followed by a triumphant rally to the upside. And while major assets have begun to bounce back, altcoins like XRP, Litecoin and Ethereum are still more than 90% lower than their respective all-time highs. There has been a hint of a relief rally, but not an alt season, in 2020 with Tezos and Cardano performing well, with Peters believing that news coverage

The Euro has rallied significantly on Monday as we are looking likely to make another move to test the same resistance barrier above yet again.

13 Jul, 2020 @ 14:19 by Yahoo! Finance

By committing content to a blockchain, news outlets can reassure readers that what they are reading is what the outlet originally published, says our columnist.

Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.

Tencent's (TCEHY) expansion strategy to take China-based gaming firm, Leyou Technologies Holdings Ltd. private is expected to stir up competition in the video gaming space.

13 Jul, 2020 @ 13:30 by FinancialContent

It's the tech-heavy exchange's No. 1 index, but whether it's an automatic star-maker might be a different story.

The number of bitcoin addresses holding at least 10,000 coins has dropped to a 14-month low alongside an uptick in lower-value addresses.

Collateral deposits in Aave are up nearly $160 million over the past six months, suggesting actual usage rather than speculation.

Two months after the network's halving event, it's harder than ever to mine bitcoin.

The chairman of WeWork,Marcelo Claure,said that the co-working space companywas on the verge of being profitable in ...

Project Ubin has completed its last development phase and is now being considered as the basis for commercial digital currency ventures.

13 Jul, 2020 @ 10:58 by Yahoo! Finance

Equities began the week on a firm note in the Asia Pacific region. The Nikkei gained more than 2%, and the profit-taking seen in China ahead of the weekend was a one-day phenomenon.

13 Jul, 2020 @ 10:40 by Yahoo! Finance

The EUR/USD is in an uptrend but unable to push beyond the 1.1350 resistance (red box). This could increase the chance of a bearish ABC wave pattern.

Over the weekend the surge in COVID-19 cases in the US continued to escalate, with Florida setting a record for the most new cases in a single day from any state.

EUR/USD has posted a third straight week of gains and is lingering near resistance that has held it lower for a month.

13 Jul, 2020 @ 09:13 by Yahoo! Finance

Equity markets in Europe are showing decent gains this morning.

13 Jul, 2020 @ 08:43 by Yahoo! Finance

The Commitments of Traders reports highlight speculators positions and changes made during the week to July 7 in FX, bonds and stocks. Appetite for risk during this U.S. holiday shortened week was firm with the Nasdaq 100 rising by 3.6% while the dollar weakened against its peers.

13 Jul, 2020 @ 08:01 by Yahoo! Finance

Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.

Developer Chris Belcher has set his sights on making CoinSwap a reality – a new project he hopes will "massively improve bitcoin privacy."

In the latest period, Nasdaq/QQQ shorts went on an offensive. The index/ETF rallied to a fresh high last Friday. Longs are salivating over the jump in short interest as yet another squeeze opportunity.

13 Jul, 2020 @ 07:06 by Yahoo! Finance

U.S. stocks are set to open higher Monday, with investors optimistic over the approach of company earnings and economic data, despite the continuing unabated growth of coronavirus cases. At 7:05 AM ET (1105 GMT), S&P 500 Futures traded 25 points, or 0.8%, higher, Nasdaq Futures up 99 points, or 0.9%. The Dow Futures contract rose 230 points, or 0.9%.

13 Jul, 2020 @ 03:55 by Yahoo! Finance
13 Jul, 2020 @ 03:09 by Yahoo! Finance

The dollar has weakened in early European trade Monday, with investors turning to risk-sensitive currencies amid optimism over the upcoming earnings season even as the Covid-19 outbreak rages on. Goldman Sachs (NYSE:GS) has become a little more optimistic on earnings prospects for the S&P 500 Index this year, lifting its baseline forecast for S&P 500 earnings per share in 2020 to $115, up from a prior estimate of $110. The World Health Organization reported a record 230,370 new cases in 24 hours on Sunday.

13 Jul, 2020 @ 02:15 by Yahoo! Finance

As Filecoin inches closer to a blockchain mainnet launch, investors in China are again speculating heavily on the network’s mining hardware and token prices.

13 Jul, 2020 @ 02:05 by Yahoo! Finance

European stock markets are set to open higher Monday, with investors looking at the possibility of more stimulus as the new earnings season kicks off. At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 1.1% higher. CAC 40 futures in France were up 1.4%, while the FTSE 100 futures contract in the U.K. rose 0.6%.

It’s a mixed start to the day, with the majors under pressure after last week’s breakout. A move back through Sunday’s highs would signal another breakout day ahead.

It’s a quiet day on the economic calendar. FED Chair Powell and BoE Governor Bailey are scheduled to speak. Expect Trump and COVID-19 to also influence.

f it weren’t for the “Giant 5,” your money would have been better off in a savings account than the stock market over the past few years, according to Wolf Richter of the Wolf Street blog.

12 Jul, 2020 @ 18:01 by Seeking Alpha
12 Jul, 2020 @ 16:00 by FinancialContent

The Finnish telecom equipment maker will face fierce headwinds in the 5G market.

Benzinga has examined the prospects for many investor favorite stocks over the past week. This week's bullish calls included ...

12 Jul, 2020 @ 14:29 by FinancialContent

Developments with the coronavirus and big changes in fortune with U.S. businesses made the month active and volatile.

Early investors have made a lot of money in a short amount of time with this healthcare stock.

It’s a particularly busy week ahead. A hectic economic calendar and U.S corporate earnings are in focus, with COVID-19 and geopolitics to also play a part.

11 Jul, 2020 @ 22:08 by FinancialContent

Not only has the price of the Nasdaq gone parabolic, this time it is pushing 3-standard deviations of the 200-dma. Furthermore, the divergence between the Nasdaq and the S&P 500 index is emulating the late 90’s.

11 Jul, 2020 @ 18:00 by FinancialContent

Robert Desmond provides technical analysis and discussion of stocks going into the next trading week.

11 Jul, 2020 @ 12:30 by FinancialContent

Investing in these diverse technology companies will allow you to benefit from hot trends while getting paid along the way.

11 Jul, 2020 @ 12:18 by FinancialContent

These stocks could bring fireworks to your portfolio.

The one certainty about the outlook for companies in a COVID-19 world is that second-quarter earnings will be very bad, the worst in over 10 years.

Positive economic data and news of progress towards a successful COVID-19 treatment drug largely overshadowed spikes COVID-19 cases.

10 Jul, 2020 @ 21:00 by FinancialContent

Technical and cycle analysis and commentary about the past week, and what to expect coming up.

Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Mr. Samuel Y. Shen has been appointed as independent director to the Company's board of directors (the "Board") and a member of the compensation committee of the Board. Concurrently, Mr. Min Zhou has resigned from the Board, the audit committee of the Board and the compensation committee of the Board for personal reasons. These changes were effective on July 9, 2020.

10 Jul, 2020 @ 19:16 by FinancialContent

So much capital has crammed into the tech sector this year that it boggles the mind. Tech stocks now make up 40% of the market cap of the S&P 500.

Higher taxes and more regulations would cut corporate profits.

10 Jul, 2020 @ 16:48 by FinancialContent

Bro explains why retirement planning will become even more challenging.

The Dow Jones Industrial Average extended its gains to 200 points midday as the stock market got a boost from bullish coronavirus vaccine news.

10 Jul, 2020 @ 14:54 by FinancialContent

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco QQQ, which added 12,550,000 units, or a 2.7% increase week over week. Among the largest underlying components of QQQ, in morning trading today Apple is off about 0.3%, and Microsoft is lower by about 0.8%.

The Euro initially rally during the week, pulled back from the 200 week EMA, and then rallied again to close out a choppy week. This is normal for this pair.

10 Jul, 2020 @ 14:16 by FinancialContent

In early trading on Friday, shares of Raytheon Technologies topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.7%. Year to date, Raytheon Technologies has lost about 36.7% of its value.

10 Jul, 2020 @ 14:01 by Yahoo! Finance

Nasdaq's (NDAQ) Q2 volumes reflect higher volumes of U.S. equity but lower European options and U.S. fixed income equity volume.

(Friday Market Open) It looks like investors might be in the mood to take some risk off the table as they close out a week where ...

10 Jul, 2020 @ 13:46 by Yahoo! Finance

The Euro continues to be very choppy during the Friday session as markets have nowhere to be. At this point, it appears that we are stuck in consolidation.

10 Jul, 2020 @ 12:30 by FinancialContent

The enterprise messaging platform has $1.5 billion in its war chest.

Voya Large Cap Growth, one of the best mutual funds, has added key stocks in the coronavirus pandemic. Microsoft stayed the top stock. Here's why.

Cloud-based SaaS companies have managed to generate outsized returns through the first half of 2020, and analysts at Piper Sandler ...

EUR/USD briefly traded at a fresh 4-week high yesterday before sellers stepped in to hold the currency pair within its broader range.

09 Jul, 2020 @ 22:59 by FinancialContent

You're not alone if you were perplexed by today's price action, namely with everything working as planned… except for the stubborn strength in leading tech names.

(Bloomberg) -- Vanguard Group Inc., the New York Stock Exchange and Nasdaq Inc. are pushing back on an escalating risk to their bottom lines: threats from Capitol Hill and the Trump administration to dramatically curtail U.S. investments in Chinese companies.During a Thursday panel discussion hosted by the Securities and Exchange Commission, the firms’ executives questioned a bill under consideration in Washington that could lead to Alibaba Group Holding Ltd., Baidu Inc. and other Chinese businesses getting kicked out of American stock markets. The intent of the legislation is to force China to comply with U.S. accounting rules. But among the concerns raised was that it might just prompt companies to relocate to markets with less regulatory oversight.“Companies will likely move their listings,” said Rodney Comegys, a principal at Vanguard. “They’ll move their place from New York to Hong Kong.”The remarks are notable because Wall Street -- hesitant to get in the middle of rising tensions between the U.S. and Beijing -- has been mostly quiet about about Washington’s potential crackdown on Chinese companies.The bill in question cleared the Senate unanimously in May with a companion version now being reviewed by the House. It would trigger the de-listing of Chinese firms if they don’t allow their books to be examined by the U.S. Public Company Accounting Oversight Board for three straight years -- a requirement that China has long rejected. The legislation’s Republican and Democratic backers says it’s needed to protect U.S. investors from fraud.Read More: Citadel’s Ken Griffin Urges U.S. Access to Chinese AuditsThe Thursday event also featured SEC staff and executives from major accounting firms. It’s not expected to result in swift policy changes as most regulations take months or even years to enact.Vanguard is among giant money managers whose mutual funds invest in Chinese businesses listed on U.S. exchanges, while NYSE and Nasdaq make millions of dollars in fees by allowing Chinese shares to be traded on their platforms.John Tuttle, chief commercial officer for NYSE Group Inc., said the exchange would support adding an indicator to company tickers to ensure investors are aware of risks associated with firms whose audits aren’t inspected by the PCAOB. But he warned that the proposed legislation could backfire.‘Blunt Tool’“We don’t disagree with it philosophically,” Tuttle said. “However, some of the tactics -- about how they want to get the results they want to get -- we don’t necessarily agree with that.”While he was careful to say that Nasdaq wasn’t opposing the pending bill, John Zecca, the exchange operator’s global chief legal and regulatory officer, was also critical.“Legislation is a very blunt tool,” he said. “The government already has a number of tools to address this.”The issue of Chinese stock listings has attracted the attention of President Donald Trump, who has ratcheted up his attacks on China over the coronavirus pandemic and as friction mounts due to Beijing’s recent moves that chip away at Hong Kong’s political freedoms.Trump has ordered regulators to review Chinese companies’ lack of adherence to U.S. accounting rules and submit recommendations by early August on how to fix the problem, putting the SEC at the center of the fight. The president’s critiques come as slumping poll numbers show he faces a difficult road to winning re-election in November.Luckin ScandalAdding urgency to the debate over Chinese companies is this year’s high-profile accounting scandal at Luckin Coffee Inc. Since reaching a high of $50 a share in January, the Chinese chain has cratered more than 90% in Nasdaq trading, a plunge that’s erased about $11 billion of market value. Following an internal investigation, Luckin disclosed earlier this month that fabricated transactions had inflated its 2019 revenue by about $300 million.SEC Chairman Jay Clayton has said he supports the legislation because denying access to PCAOB examiners creates an “unlevel playing field” for U.S. investors. Clayton, in remarks prepared for Thursday’s event, said he expected the panelists’ comments to inform recommendations that regulators are preparing for Trump.The longstanding requirement that all companies that trade on U.S. exchanges submit their audits for PCAOB inspections was implemented in the wake of Enron Corp.’s 2001 accounting scandal. There are more than 200 Chinese corporations that have been allowed to sell shares in the U.S. without complying, according to the PCAOB. Their market capitalization is roughly $1.8 trillion, with Alibaba making up about one-third of the total.Bad AuditsFamous short seller Carson Block was among Thursday’s panelists who said the U.S. needs to do much more to prevent fraudulent Chinese companies from ripping off American investors.The Muddy Waters Capital founder said that when Chinese companies trading in the U.S. blow up, American affiliates of global accounting firms should be held financially responsible. The proposal is provocative because U.S. accounting firms have no role in scrutinizing the books of Chinese companies, which are typically examined by Chinese audit affiliates. Block said audits of Chinese companies are akin to a “rubber stamp.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Investors expect the company's technology platform to come in handy as the world corrals the coronavirus pandemic.

Walgreens is raising its cost savings target as the pandemic hits sales and profits, and analysts see Microsoft and Cisco as good bets.

Microsoft is well positioned to grow its share of enterprise spending on information technology even as overall IT budgets decline this year, investment bank Morgan Stanley said Thursday.

09 Jul, 2020 @ 18:47 by Seeking Alpha

The Dow Jones Industrial Average sold off on today's stock market after paring minimal gains at the open. A handful of China stocks led the market.

Warren Buffett, after giving away a $2.9 billion gift this week, has seen his wealth drop below Google co-founders Larry Page and Sergey Brin as well as former Microsoft CEO Steve Ballmer.

Stocks turned sharply lower midday as the Dow Jones Industrial Average tumbled 500 points and the Nasdaq reversed off a new high.

The stakes just keep getting higher for these remote work software platforms.

Microsoft Corporation (NASDAQ: MSFT) is a huge beneficiary of the secular trend of enterprises increasingly shifting workloads to the ...

09 Jul, 2020 @ 15:27 by FinancialContent

The stock has already clocked five record highs in the past two weeks.

09 Jul, 2020 @ 14:49 by FinancialContent

Symbols mentioned in this story: OEF, MSFT, V, PG Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand..

There’s not much direction on Wall Street this morning despite a slight downturn in weekly jobless claims. The market continues to ...

09 Jul, 2020 @ 13:25 by FinancialContent

The Nasdaq Composite Index continues to make new all-time highs. The tech-heavy index clinched its 25th record close in 2020 on ...

09 Jul, 2020 @ 12:40 by FinancialContent

These tech growth stocks have room to run thanks to booming demand for cloud services.

09 Jul, 2020 @ 11:25 by Seeking Alpha
07 Jul, 2020 @ 18:46 by Seeking Alpha
07 Jul, 2020 @ 15:11 by Seeking Alpha
07 Jul, 2020 @ 14:35 by Seeking Alpha
05 Jul, 2020 @ 01:31 by Seeking Alpha
02 Jul, 2020 @ 17:04 by Seeking Alpha
02 Jul, 2020 @ 14:36 by Yahoo! Finance

The market has had an astounding 2020 so far, and nowhere was this more true than in the tech sector. People are using tech more than ever in all facets of life. That, in turn, is powering a huge run in tech stocks. Yet the exchange where all this is happening, the Nasdaq (NASDAQ:NDAQ), is barely up. In fact, Nasdaq stock is essentially flat since February.Source: Shutterstock In a gold rush, there's great money to be made selling mining equipment. Similarly, if you're going to have a boom in growth companies, Nasdaq is going to get its share of the pie.Historically, it certainly has. The Nasdaq's earnings have more the doubled over the past six years as stocks have rallied. And now, with tech making another surge higher to record levels, it's an ideal time to get long the stock exchange where the magic is happening.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nasdaq: It's More Diversified Than You RealizeAt first glance, you might assume that Nasdaq is a simple business. It earns money from companies that list on the exchange, right? And yes, that's true. However, it does far more than that.In fact, the Nasdaq has four major revenue streams. According to its latest annual report, the largest segment, market services, accounts for just 36% of revenues. You also have information services at 31%, corporate services at 20%, and market technology bringing in the other 13%. That's an outstanding level of internal diversification. * 7 Utilities Stocks to Buy With Reassuring DividendsA stock exchange such as Nasdaq gets paid from activities that facilitate trading, from corporate events such as initial public offerings, and also information services such as selling data to brokerages and trading firms. On top of that, Nasdaq has built an ancillary business selling related financial technology and service products.The most exciting of the bunch right now is the data business. The Nasdaq (and the other stock exchanges) are arms dealers in the ever-escalating war among different algorithmic trading shops and high frequency trading firms.These active traders need the best data and are willing to pay heavily for it. That data, in turn, is a natural monopoly, as there are very few national stock exchanges, and Nasdaq in particular has a bunch of proprietary data. The Core Business Is Humming AlongWhile data is obviously a hot market right now, given the rise of high frequency trading, the core market services business is also good. Just look around. The Nasdaq composite just hit a new all-time high a few weeks ago, despite the coronavirus.It's not hard to see why, as tech stocks are flying. Cloud and software-as-a-service are particularly in favor; many names in those sectors have doubled or more since the March lows.This is good for bringing more trading activity and other related business. And that's not all. Don't forget that a major reason capital markets exist, after all, is to raise money for companies. When markets are booming that means you're going to see far more IPOs and also secondary offerings in existing equities.Who gets paid when a new tech stock sells its shares to the public? If you said the Nasdaq's shareholders, you're catching on. Nasdaq Stock Is Attractively PricedIt's not hard to find solid growth companies in the current marketplace. In fact, with all the problems that many other sectors are having, investors are rushing into the technology sector. However, it's much rarer to find a reasonably priced growth stock today.However, Nasdaq stock is still available at a fine price. Nasdaq earned $4.63 a share in 2019, and analysts forecast that it would earn more than $5.50 in 2020. We'll see if that comes through or not, given the economic shock. In any case, shares have a forward price-earnings ratio in the low 20s. That's a great level for Nasdaq. Consider that Nasdaq has grown its earnings 14% per year compounded over the past 10 years.Nasdaq has also been a massive dividend growth machine. The company initiated its dividend in 2012 at 39 cents a share per year. Since then, it has more than quadrupled its dividend, as it paid out $1.85 per share last year. With a payout ratio of less than 40%, there's more room for outsized dividend growth -- particularly if the 14% per year EPS growth rate continues as well. Nasdaq Stock VerdictNasdaq is an excellent opportunity at current prices. In fact, it's worth asking why the stock price isn't higher already, given the compelling growth rate.I suspect Nasdaq is undervalued now because investors are falsely comparing it to brokerages. The brokers have gotten into a pricing war, with commissions falling to $0 per trade at many places. This has caused stocks like Charles Schwab (NYSE:SCHW) to underperform.In theory, trading and data fees for the stock exchanges could plummet as well. In practice, this is unlikely as it is far harder to create new stock exchanges that have critical mass. The entrenched players have economic motive to preserve the status quo.Additionally, some investors fear that Fintech start-ups will disrupt the stock exchanges. So far, however, most start-ups aimed at finance have failed to transform existing systems. Things such as credit card companies, which were supposed to be obsolete by now, instead keep making record profits.Long story short, Nasdaq is riding two big waves going forward. The first is a fundamental rise in financial sophistication. Traders are using more and more data, and they have to buy it from a few select vendors, including Nasdaq.The second is that tech stocks are booming. And that may continue for quite a while as the economy reshapes itself in a post Covid-19 world.All that adds up to record earnings for Nasdaq and a stock price that will keep moving higher.Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek. At the time of this writing, he owned NDAQ stock. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Buy Nasdaq Stock As the Tech Boom Accelerates appeared first on InvestorPlace.

02 Jul, 2020 @ 14:33 by FinancialContent

Thursday's morning session saw 137 companies set new 52-week highs. Key Facts: Microsoft(NASDAQ: MSFT)was the ...

01 Jul, 2020 @ 20:57 by FinancialContent

Sixty percent of shares are sold short, but the shorts didn't anticipate that 90% of homeowners would want to tackle their home-improvement projects in 2020.

01 Jul, 2020 @ 13:03 by Seeking Alpha

Four of the five largest IPOs by capital raised listed on Nasdaq

The Nasdaq Stock Market announced today that it will delist the common stock of Tuesday Morning Corp.   Tuesday Morning Corp.’s common stock was suspended on June 8, 2020 and has not traded on Nasdaq since that time. Nasdaq also announced today that it will delist the ordinary shares of Reebonz Holding Limited. Reebonz Holding Limited’s ordinary shares were suspended on April 30, 2020 and have not traded on Nasdaq since that time.

30 Jun, 2020 @ 12:50 by FinancialContent

Can you guess the market caps of these 10 companies? Are they up or down?

Under the leadership of Adena Friedman, the Covid-era transition has gone surprisingly smoothly. “Our ability to be able to go from everyone in the office to everyone at home in such a short period of time is truly a testament to years of effort by our risk teams, our technology teams, [and] our people teams,” she tells Barron’s. Nasdaq’s swift move to a nearly fully remote workforce was decades in the making.

Luckin said it notified the exchange on June 24 that it planned to no longer “seek to reverse or stay” the Nasdaq’s decision to delist the company.

26 Jun, 2020 @ 14:04 by Yahoo! Finance

Nasdaq (NDAQ) ties up with LEX Markets Corp. to boost the trading of real-estate securities.

26 Jun, 2020 @ 13:20 by Seeking Alpha
26 Jun, 2020 @ 13:15 by Yahoo! Finance

IPO Edge hosted virtual IPO Summit to discuss a number of timely topics ranging from corporate governance to the upcoming election season that issuers may need to consider. A replay of the approximately 90-minute event will be can be accessed here. The webcast, hosted in partnership with Sidley Austin LLP, MorganFranklin Consulting, Nasdaq, ICR, and The Palm Beach Hedge Fund Association, included […]

25 Jun, 2020 @ 20:07 by Seeking Alpha

LEX Partners with Nasdaq to Power First-Ever Commercial Real Estate Securities Trading Platform

The company has apparently retained Houlihan Lokey to help it with financial and strategic matters.

23 Jun, 2020 @ 19:25 by Seeking Alpha
23 Jun, 2020 @ 19:05 by Seeking Alpha
23 Jun, 2020 @ 17:28 by Seeking Alpha
23 Jun, 2020 @ 16:05 by FinancialContent

The disclosure from the scandal-ridden Chinese coffee seller comes after its share price has dropped 90%.

23 Jun, 2020 @ 13:00 by FinancialContent

The Securities and Exchange Commission is likely to be hampered by the Trump administration’s move to nominate SEC Chairman Jay Clayton for U.S. attorney for the Southern District of New York, according to one analyst.

22 Jun, 2020 @ 14:15 by Seeking Alpha
22 Jun, 2020 @ 10:00 by FinancialContent

Discover why companies are embracing the ESG approach and how it’s a winning approach for all stakeholders.

Nasdaq shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 81.

19 Jun, 2020 @ 15:08 by FinancialContent

Friday's morning session saw 144 companies set new 52-week highs. Interesting Points: Microsoft(NASDAQ: ...

18 Jun, 2020 @ 15:26 by Seeking Alpha
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17 Jun, 2020 @ 19:10 by Seeking Alpha
17 Jun, 2020 @ 14:31 by FinancialContent

It could be the best stock in the sector, but the timing may not be right.

17 Jun, 2020 @ 06:06 by Seeking Alpha

A U.S. appeals court ruled on Tuesday that the Securities and Exchange Commission cannot force stock exchanges to conduct a costly experiment to see how the fees they charge and the incentives they offer affect brokers' trading habits.

16 Jun, 2020 @ 17:25 by FinancialContent

A U.S. appeals court ruled on Tuesday that the Securities and Exchange Commission cannot force stock exchanges to conduct a costly experiment to see how the fees they charge and the incentives they offer affect brokers' trading habits.

16 Jun, 2020 @ 17:12 by Seeking Alpha
16 Jun, 2020 @ 12:00 by Seeking Alpha
15 Jun, 2020 @ 20:09 by FinancialContent

A look at the systemic reasons behind the wealth gap and a way forward.

15 Jun, 2020 @ 15:50 by Seeking Alpha
14 Jun, 2020 @ 22:41 by Seeking Alpha
12 Jun, 2020 @ 16:32 by FinancialContent

As the capital markets gradually recover and companies begin planning for initial public offerings, IPO Edge will host a virtual IPO Summit to discuss a number of timely topics to help corporate issuers prepare. The approximately 90-minute event will be on Thursday, June 25, at 12:00 p.m. EDT. To register for the IPO Summit please click here.

12 Jun, 2020 @ 15:10 by Seeking Alpha
10 Jun, 2020 @ 17:22 by FinancialContent

On May 20, the Senate passed the Holding Foreign Companies Accountable Act (HFCAA), a bill that would potentially delist Chinese stocks ...

10 Jun, 2020 @ 11:00 by FinancialContent

Cost-saving product available via Nasdaq Cloud Data Service; free trial available through Q3 2020

10 Jun, 2020 @ 07:00 by FinancialContent

A Relative Strength Rating upgrade for Nasdaq shows improving technical performance.

CME Group Inc said on Tuesday it will reopen its eurodollar options trading pit on Aug. 10, making it the latest U.S. exchange operator to resume open outcry trading, which had been put on hold due to the coronavirus pandemic.

09 Jun, 2020 @ 19:32 by FinancialContent

With all of its stores closed, short sellers were expecting things to be a lot worse than this.

The New York Stock Exchange and other U.S. financial market operators held nearly nine minutes of silence on Tuesday in honor of George Floyd, a 46-year-old African American who died on May 25 after a white police officer knelt on his neck.

U.S. financial market operators, including the New York Stock Exchange, held a moment of silence on Tuesday in honor of George Floyd, a 46-year-old African American who died on May 25 after a white police officer knelt on his neck for nearly nine minutes.

09 Jun, 2020 @ 16:08 by FinancialContent

Triple-digit e-commerce growth surprised short-sellers betting against the stock.

09 Jun, 2020 @ 11:30 by FinancialContent
07 Jun, 2020 @ 16:31 by Seeking Alpha

U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq's recent decision to tighten listing rules for such players should be "a model" for all other exchanges around the world.

05 Jun, 2020 @ 07:29 by Seeking Alpha

U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq's recent decision to tighten listing rules for such players should be "a model" for all other exchanges around the world.

Regulators need to address transparency and accounting issues at companies based in foreign jurisdictions that are looking to go public through the U.S. markets, Nasdaq Inc Chief Executive Adena Friedman said on Thursday.

Many U.S.-listed Chinese firms will likely list on the Hong Kong exchange this year, in part because of U.S. political pressure following China's new national security legislation on Hong Kong, the head of the exchange said on Thursday.

Investment bolsters Nasdaq Ventures portfolio of tech innovators; Caspian to expand AML offerings in partnership with Nasdaq

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