The tech-heavy index is taking a breather after a bullish run, but according to some on Wall Street, there's still a long runway ahead.The Nasdaq Composite is a comprehensive tech-centric index that tracks the performance of more than 3,000 stocks listed on the exchange. In July, the index climbed to (another) all-time high, marking the 27th so far this year.After a run of that magnitude, the Nasdaq is taking a well-earned rest, down roughly 8% from its peak (as of this writing). This has some investors con ...

SAN DIEGO, Sept. 07, 2024 (GLOBE NEWSWIRE) -- Embrace Change Acquisition Corp. (Nasdaq: EMCG, EMCGW, EMCGU, EMCGR) ("Embrace Change" or the "Company"), announced today that on September 5, 2024, it received an additional staff determination notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is delinquent in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2024 (the "Form 10-Q") and that this matter serves as an addi ...

These tech stocks got hit hard last month. Should you buy the dip?August had one of the worst beginnings of a month for the stock market in recent memory.Shares plunged on a combination of disappointing economic data and a surprise rate hike in Japan that ended the "carry trade" through which professional investors had borrowed money in yen and bought U.S. stocks.However, stocks recovered over the rest of the month and actually finished in positive territory as those earlier concerns faded. As you might gue ...

PORTLAND, Ore., Sept. 6, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (Nasdaq: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can printing, co-packing and mobile filling, announced today the closing of its previously announced registered direct offering for the sale and issuance of 442,042 shares of the Company's common stock (or pre-funded warrants in lieu thereof) to ...

CHASKA, Minn., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that Lifecore has granted a restricted stock unit (“RSU”) award with respect to 262,500 shares of its common stock and a performance stock unit (“PSU”) award for up to 750,000 shares of its common stock to Ryan D. Lake, Lifecore’s newly hired chief financial officer. The RSU award and PSU awa ...

Ness Ziona, Israel, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today that on September 3, 2024, the Company received a written notice (the “Notice”) from the Nasdaq Stock Market LLC indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the Company’s closing bid price for its American Depositary Shares (“ADSs”) was below $1.00 per share fo ...

JHVEPhoto Investment thesis: Now that the much-awaited rate cuts have been confirmed to be in the pipeline, the implications for the markets are becoming increasingly obvious. A full trading week and we are into the second one since the Jackson Hole meeting where Federal Reserve Chair Jerome Powell announced his intention to start cutting rates and the market is largely flat. It exposes that the rate cuts and any other positive catalysts, real or assumed, are priced into the market. With seemingly little up ...

NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted on September 5, 2024 in BAIYU Holdings, Inc. (Nasdaq: BYU) at 19:50:00 Eastern Time for information requested from the company at a last sale price of $1.02. Trading will remain halted until BAIYU Holdings, Inc. has fully satisfied Nasdaq’s request for additional information. Additionally, the Securities and Exchange Commission effected a trading suspension in BYU from 09:30:00 on September ...

Appoints 13-year Nasdaq Verafin Veteran, Stephanie Champion, as New Head of Nasdaq Verafin Nasdaq Chief Strategy Officer, Jeremy Skule, to Take on Expanded Role as Executive Chair of Nasdaq’s Financial Crime Management Technology Business NEW YORK and ST. JOHN’S, Newfoundland, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ), today announced a new leadership structure including leadership appointment for its Financial Crime Management Technology business, designed to support the business’ strong mom ...

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) has scheduled a teach-in to discuss a change to the accounting treatment of the revenues associated with AxiomSL on-premises subscription contracts. This change was previously referenced during Nasdaq’s second quarter earnings announcement and the financial impacts of the change are consistent with what was communicated at that time. WHO: Nasdaq’s CFO, Sarah Youngwood, and Nasdaq’s IRO, Ato Garrett  WHAT:Teach-in on AxiomSL on-premises ...