U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 2% on Thursday.The Dow traded up 1.25% to 40,509.36 while the NASDAQ jumped 2.24% to 17,577.21. The S&P 500 also rose, gaining, 1.51% to 5,537.70.Check This Out: Wall Street’s Most Accurate Analysts Spotlight On 3 Materials Stocks With Over 4% Dividend YieldsLeading and Lagging SectorsConsumer discretionary shares climbed by 2.8% on Thursday.In trading on Thursday, utilities shares fell 0.3%.Top HeadlineWalmart Inc ...

 WENZHOU, China, Aug. 15, 2024 /PRNewswire/ -- ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company"), a leading manufacturer and supplier of patented high-performance stainless steel and carbon steel pipe products, is pleased to announce two important updates regarding its Nasdaq listing status.1.  Compliance with Periodic Filing RequirementsOn February 20, 2024, ZK International was notified by Nasdaq Staff that the Company no longer meet the periodic filing requirem ...

NANPING, China, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Golden Heaven Group Holdings Ltd. ("Golden Heaven" or the "Company") (Nasdaq: GDHG), an amusement park operator in China, today announced the Company received a staff determination letter (the “Letter”), on August 9, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, due to the Company's failure to regain compliance with the minimum bid price of $1.00 per share requirement for continued list ...

Nasdaq stocks are effectively navigating a rollercoaster market with resilience.Despite a recent flurry of challenges for the tech space, Nasdaq stocks have outperformed the S&P 500 in the past two months. A lot of its recovery is linked to the strong recoveries in the Magnificent Seven (Mag 7) stocks. Though these stocks took a hammering in recent weeks, they have bounced back emphatically.To put things in perspective, The Nasdaq Index comprises more than 3,000 diverse stocks ranging from heavyweight tech ...

Earlier this month, the CBOE Volatility Index or VIX shot higher, indicating extreme pessimism among investors. While not a directional index per say, the VIX measures anticipated market movement. Since equities tend to accelerate faster during downcycles than up, a heightened VIX is generally equivalent to negative expectations. Not surprisingly, several high-flying Nasdaq stocks suffered in recent sessions.However, the narrative may be shifting. Recently, the Producer Price Index showed a slower rise than ...

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- UTime Limited (“UTime” or the “Company”) (Nasdaq: WTO), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets, announced today that it received a formal notification from the Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company’s ordinary sh ...

The sky isn't falling for this tech giant.The performance of the "Magnificent Seven" has been a bit of a mix bagged this year, with some performing well and others, not so much. This group of high-profile tech companies includes Alphabet, Apple, Amazon, Microsoft, Meta Platforms (META -0.35%), Nvidia, and Tesla.Facebook parent Meta Platforms has been one of the better performers in this clique -- the stock is up by a solid 42% since the year started. However, the company is having a rough month -- shares ar ...

Wall Street is priming for a positive start on Tuesday, as the market resiliently holds onto optimism regarding receiving benign inflation data, which will likely seal the fate of a rate cut. The producer price inflation data due ahead of the market opening is likely to show further easing in pricing pressure at the wholesale level, potentially serving as a harbinger of tame consumer price inflation data.Home Depot, Inc.’s HD weak guidance is likely to weigh down on the retail space as most of these compani ...

Finding underrated Nasdaq 100 stocks to buy in 2024 will not be a walk in the park. Although the index recently experienced a small dip, many of the companies are still extremely expensive. The Nasdaq 100 is an index comprising 100 of the top non-financial securities trading on the Nasdaq exchange. This means that only securities listed on the Nasdaq exchange are included in the index. Additionally, it includes companies from sectors such as consumer staples, materials, industrials, and information technolo ...

BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that the Company has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated August 7, 2024, indicating that for the last 30 consecutive business days, the closing bid price for the Company’s American depositary shares (t ...