The Nasdaq Golden Dragon China Index took a significant hit, dropping 5.4% in its initial trading phase, marking its steepest decline since March 2023. This downturn affected numerous popular Chinese stocks.Tiger Brokers (TIGR, Financial) experienced a sharp fall, plummeting nearly 20%, while Futu Holdings (FUTU) saw a decline of over 18%. Additionally, Bilibili (BILI) shares dropped almost 12%. ...

Mocksville, North Carolina--(Newsfile Corp. - October 8, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company that is leading the fight against nicotine and believes smokers should have a choice about their nicotine consumption, today announced that it has received formal written notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum stockholders' equity requirement as set forth in Nasdaq Listing Rule 5550(b)(1) (the "Equity Rule" ...

Core Insights - Nasdaq announced the planned launch of PureStream, a new volume-based trajectory trading solution for EU shares, expected to launch in Q1 2025 pending regulatory approval [1][2] - PureStream aims to enhance price and liquidity discovery for institutional investors by utilizing open-ended liquidity transfer rates, allowing for better execution outcomes [1][3] - The introduction of PureStream in Europe reinforces Nasdaq's commitment to innovation and its leadership in technology solutions for the global economy [3] Group 1 - PureStream will provide a venue-operated service for trajectory trading, facilitating interactions among institutional investors with similar execution goals [1][2] - The solution allows institutional investors to minimize market impact and automate order execution by trading a percentage of future market volume at the volume-weighted-average-price (VWAP) [1][2] - The launch of PureStream underscores Nasdaq's commitment to offering world-class platforms that meet the evolving needs of global capital markets [2][3] Group 2 - PureStream is already available in the US and Canada, indicating a successful initial rollout before its European launch [1] - The service is designed to improve execution for long-term trajectory orders by pairing trading interests in open-ended streaming batches, moving away from reliance on single point-in-time liquidity sourcing [2] - Nasdaq's introduction of PureStream in Europe is seen as a significant milestone in advancing streaming globally [1][3]

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for September 2024, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended September 30, 2024, on its Investor Relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment m ...

In the last month, the Financial Exchanges and Data industry has been behind the S&P 500 (Figure 1), especially Nasdaq (NASDAQ: NDAQ ). Nasdaq is a global leader in capital markets and financial technology. I consider Nasdaq an interestingInvesting in high-growth opportunities across industries, employing a value investing approach that prioritizes robust business models and strategic foresight. Focusing on companies with the potential to profoundly influence the global landscape in the years aheadI primari ...

Strategic financing by an affiliate of CK Life Sciences Int’l., (Holdings) Inc., results in working capital of approximately $23 million to fund operations and advance Phase 2b Halneuron® development into 4Q25 Expanded pipeline includes a potential first-in-class non-opioid, NaV1.7 inhibition pain treatment, Halneuron®, currently in Phase 2b development for chemotherapy-induced neuropathic pain, with an expected interim readout 2H25Near-term catalyst with top-line results from the IMC-2 Long-COVID Phase 2a ...

YANGZHOU, China, Oct. 7, 2024 /PRNewswire/ -- Meihua International Medical Technologies Co., Ltd. ("MHUA" or the "Company") (Nasdaq: MHUA), a reputable manufacturer and provider of Class I, II, and III disposable medical devices with operating subsidiaries in China, today announced that on October 3, 2024, it received a notification letter (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq"), informing the Company that it has regained compliance wi ...

During China's "Golden Week" holiday, overseas Chinese stocks and funds experienced notable gains. The Nasdaq Golden Dragon China Index increased by 3.1%, reaching its highest level since February 2, 2023, with a weekly gain of 11.9%.The iShares China Large-Cap ETF rose by 3.5%, marking its highest level since February 22, 2022, and recorded an 11% increase over the week. Similarly, the iShares MSCI China ETF advanced by 3.7%, hitting its highest point since March 2, 2022, with a weekly rise of 11.8%.The Kr ...

Hint: It wasn't Nvidia.With the surge in tech stocks this year, it may be surprising that the best-performing stock in the tech-heavy Nasdaq-100 index last quarter wasn't a chipmaker or software company riding the artificial intelligence (AI) wave. It was PayPal (PYPL 2.65%).The stock of the fintech company surged 34.5% in the quarter, marking its best quarterly performance since 2020. The company's strong performance comes amid signs that the turnaround plan CEO Alex Chriss enacted is starting to take hold ...

September is typically a bad month for stocks, but the Nasdaq still gained.September has historically been the worst month of the year for the stock market with the S&P 500 falling on average during the month.However, this September bucked that trend with all three indexes posting positive gains. The Dow Jones Industrial Average and S&P 500 even hit all-time highs last month. As you can see, the Nasdaq Composite was the best-performing major index, rallying toward the end of the month after the Federal Rese ...