Low-Cost Banking for Younger Demographics: Chime focuses on providing free or low-cost financial services, including checking accounts, debit/credit cards, and fee-free ATMs, primarily to users making less than $100,000, with an average member age of 36 and 8.6 million active members.Shifting FinTech Sentiment: Chime's successful IPO, alongside others like Circle's triple-digit gains, indicates renewed Wall Street enthusiasm for FinTechs, contrasting with a multiyear low in venture capital funding for the s ...

CEO of Chime, Chris Britt, center right, rings the opening bell during the company's initial public offering at the Nasdaq MarketSite on June 12, 2025 in New York City.Chime opened at $43 in its Nasdaq debut on Thursday after selling shares at $27 each in an IPO that valued the online banking company at $11.6 billion.Late Wednesday, Chime raised about $700 million in its offering, and existing investors sold an additional $165 million worth of shares. The stock is trading under the ticker symbol CHYM.Chime' ...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 50 points on Thursday.The Dow traded down 0.03% to 42,852.84 while the NASDAQ gained 0.24% to 19,663.38. The S&P 500 also rose, gaining, 0.26% to 6,038.05.Check This Out: Jim Cramer Is All Aboard Union Pacific, But Shows No Love For Orphan DrugsLeading and Lagging SectorsInformation technology shares jumped by 0.9% on Thursday.In trading on Thursday, industrials stocks fell by 0.5%.Top HeadlineShares of Oracle Corp. OR ...

RUTLAND, Vt., June 12, 2025 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (“Casella”) (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, today announced that it will ring the Opening Bell at the Nasdaq MarketSite in Times Square on Tuesday, June 17, 2025. Casella Chairman and CEO John W. Casella, President Ned Coletta, and Founder and Vice Chairman Doug Casella will be joined by members of the Casella leadership team and its board of directors. “It’s an honor to b ...

Following the reverse share split the Company will have approximately 553,385 outstanding shares Tel Aviv, Israel, June 12, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it intends to effect a one-for-seventeen (1-for-17) reverse split (the "Reverse Share Split") of the Company’s issued and outstanding ordinary shares, no par value per share (the "Ordinary Shares ...

TEL AVIV, Israel, June 12, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB” or the “Company”), a global leader in confidential computing and advanced secured data fabric technology, today announced that it is in full compliance with all applicable listing requirements of the Nasdaq Capital Market. Nasdaq has formally confirmed that HUB satisfies both the minimum bid price and the market value of listed securities (MVLS) thresholds under Listing Rules 5550(a)(5) and 5550(b)(2), the “Bid ...

Company Overview - Chime priced its IPO at $27 per share, exceeding the expected range, which values the company at $11.6 billion [1] - The IPO raised approximately $700 million, with an additional $165 million in shares sold by existing investors [1] - The stock is set to begin trading under the ticker symbol CHYM [1] Industry Context - The IPO occurs after a prolonged freeze in the fintech IPO market due to rising interest rates and valuation resets, which kept many late-stage companies from going public [2] - The market is showing signs of recovery, as evidenced by eToro's 29% increase in its Nasdaq debut last month and Circle's positive market performance [2] - In contrast, online lender Klarna has postponed its IPO plans and reported significant quarterly losses last month [2]

Financial Data and Key Metrics Changes - Nasdaq reported net revenues of $4.6 billion for 2024, with adjusted non-GAAP net revenues of $4.7 billion, reflecting a 9% increase from 2023 [12] - Annualized recurring revenue reached $2.8 billion, representing a 7.5% increase year over year [12] - The company returned $145 million in stock repurchases and $541 million in quarterly dividends during 2024 [12] Business Line Data and Key Metrics Changes - The Capital Access Platforms division achieved 10% revenue growth, driven by strong index performance and 180 IPOs raising $23 billion in proceeds [13][14] - The Financial Technology division also saw 10% revenue growth and 12% annual recurring revenue growth, with significant client engagement [15][16] - The Market Services division reported record full-year revenue, driven by increased volumes in US equities and derivatives [17] Market Data and Key Metrics Changes - Nasdaq maintained its position as the top U.S. exchange for IPOs, achieving an 80% win rate among eligible company IPOs [14] - The index franchise experienced a 31% revenue growth, with record assets under management [15] Company Strategy and Development Direction - Nasdaq's strategic priorities for 2024 included "Integrate, Innovate, and Accelerate," focusing on enhancing operational efficiency and innovation [18] - The integration of Acxiom SL and Calypso is seen as pivotal in advancing Nasdaq's platform company journey [16] - The company aims to exceed $100 million in run rate revenue from cross-sells by the end of 2027 [19] Management's Comments on Operating Environment and Future Outlook - Management noted that recent policy shifts and potential tariffs have created short-term volatility, impacting global GDP growth expectations [20] - Nasdaq's diversified business model positions it for resilient growth despite macroeconomic challenges [21] - The company expressed confidence in achieving its medium-term outlook and continuing to create shareholder value [21] Other Important Information - The meeting was held virtually, with procedures in place to ensure shareholder participation [3][4] - The company highlighted the importance of its markets and infrastructure during recent trading volatility [20] Q&A Session Summary Question: How does the Compensation Committee use compensation actually paid total compensation figures in its calculation of CEO target total compensation award for the upcoming year? - The Compensation Committee emphasizes linking pay to performance, with decisions informed by competitive market data and actual CEO performance [26][28] - The variability in compensation figures reflects the effectiveness of this philosophy [28]

Can you find generous dividends in today's Nasdaq? See whether these two household names could offer the steady income many investors crave. The Nasdaq 100 market index is home to many market darlings. The entire roster of "Magnificent 7" stocks is found here, setting the tone for Wall Street as a whole. It's also a volatile group, with 1-year returns ranging from a 50% price drop to a 466% gain. The stock is arguably cheap for good reason, anyhow. Inflation fears have limited Kraft Heinz's pricing power in ...

Core Points - Crinetics Pharmaceuticals granted stock options and restricted stock units (RSUs) to new non-executive employees as part of its 2021 Employment Inducement Incentive Award Plan [1][2] - The stock options total 74,000 shares with an exercise price of $33.08, equal to the closing price on June 10, 2025, and will vest over four years [2] - The RSUs total 48,850 shares and will also vest over four years in equal annual installments [2] Company Overview - Crinetics Pharmaceuticals is a clinical stage pharmaceutical company focused on developing novel therapeutics for endocrine diseases and related tumors [3] - The lead candidate, paltusotine, is in clinical development for acromegaly and carcinoid syndrome associated with neuroendocrine tumors [3] - Other drug candidates include Atumelnant, targeting congenital adrenal hyperplasia and ACTH-dependent Cushing's syndrome, with a focus on orally delivered small molecules for various endocrine conditions [3]