Nasdaq(NDAQ)
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Nasdaq (NDAQ) Surges 8.4%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 14:45
Nasdaq (NDAQ) shares rallied 8.4% in the last trading session to close at $71.99. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.2% loss over the past four weeks.The surge in price reflects investors' optimism on the announcement of a 90-day pause on tariffs imposed by President Trump on most countries, though a 10% tariff stays in place. Major stock exchanges witnessed surge yesterday given market volatil ...
CURRENC Group Inc. Regains Full Compliance with Nasdaq's Continued Listing Rule
GlobeNewswire News Room· 2025-04-10 12:00
Core Viewpoint - CURRENC Group Inc. has regained compliance with Nasdaq's minimum market value requirement, ensuring its continued listing on the Nasdaq Global Market [1][2]. Company Overview - CURRENC Group Inc. is a fintech pioneer focused on transforming global financial services through artificial intelligence (AI) solutions [2]. - The company provides comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered agents, aimed at reducing costs, increasing efficiency, and enhancing customer satisfaction for various financial institutions [2]. - CURRENC's digital remittance platform facilitates real-time, 24/7 global payment services, promoting financial access in underserved communities [2]. Compliance Achievement - On April 9, 2025, CURRENC received notice from Nasdaq confirming that its ordinary shares have maintained a minimum market value of publicly held shares of $5,000,000 for at least the last ten consecutive business days [1]. - This compliance with the Nasdaq Listing Rule 5450(b)(1)(C) is crucial for the company's strategy, providing credibility and exposure in capital markets [2]. Leadership Commentary - CEO Ronnie Ka Wah Hui expressed satisfaction with the company's regained compliance, attributing it to the team's dedication to strengthening the business foundation [2]. - The company remains committed to disciplined execution and innovation to drive long-term shareholder value [2].
Nasdaq and S&P 500 to give back some of massive tariff reprieve rally gains
Proactiveinvestors NA· 2025-04-10 11:57
Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company specializes in medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
1 Nasdaq-100 Subscription-Based Business That Could Succeed Under the New Tariff Environment (Hint: I'm Not Talking About Netflix)
The Motley Fool· 2025-04-10 11:05
Core Viewpoint - The technology sector is experiencing a sell-off due to concerns over new tariffs announced by U.S. President Donald Trump, with the Nasdaq-100 index dropping by 11% since April 2. However, Costco is highlighted as a potential investment opportunity amidst these concerns due to its unique business model and financial profile [1][2]. Company Financials - For the quarter ended February 16, Costco reported net sales of $62.5 billion and total revenue of $63.7 billion, with merchandise costs at $55.7 billion and operating income of $2.3 billion. Membership fees contributed $1.2 billion to total revenue, indicating a significant recurring revenue stream [4][5]. - Costco's operating expenses totaled $61.4 billion, suggesting a thin margin on merchandise sales, which is typical for brick-and-mortar retailers [4]. Membership Model - The subscription model of Costco, which generates high profit margins, is expected to help the company withstand the impact of tariffs. This model differentiates Costco from other retailers like Walmart and Target [6][5]. - CEO Ron Vachris indicated that about one-third of Costco's U.S. sales are imported, with less than half of those from countries directly targeted by tariffs, providing some reassurance regarding the company's exposure to tariff impacts [8]. Market Positioning - Costco's bulk-buying model and competitive pricing may attract cost-conscious consumers, potentially increasing foot traffic and membership volume as tariffs affect the retail economy [9][10]. - Compared to traditional retailers, Costco may be better positioned to navigate the tariff environment, as consumers may seek alternatives that offer better value [10]. Valuation Insights - Costco's forward price-to-earnings (P/E) ratio is currently at 50, significantly higher than the average of 20 for the S&P 500, indicating that while the stock is not cheap, it has normalized from a peak of nearly 60 earlier in the year [11][13]. - Despite near-term uncertainties, Costco is seen as well-prepared to manage the effects of tariffs, particularly on its high-margin subscription business, suggesting a potential buying opportunity for long-term investors [14].
Nasdaq Bear Market: Why I'm Buying This High-Yielding Nasdaq ETF Hand Over Fist as the Market Sells Off
The Motley Fool· 2025-04-10 10:18
Core Viewpoint - The Nasdaq Composite index is currently in a bear market, down nearly 25% from its peak, primarily due to concerns over the Trump administration's tariff policies potentially leading to a global trade war and recession [1] Group 1: Market Conditions - The market volatility is expected to persist, prompting investment in the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), which offers exposure to the Nasdaq-100 with reduced volatility [2] - The ETF has shown better relative performance during the Nasdaq's decline this year, indicating its resilience in a challenging market environment [4] Group 2: ETF Strategy and Performance - The JPMorgan Nasdaq Equity Premium Income ETF aims to provide a monthly income stream while offering upside exposure to the Nasdaq-100, utilizing a two-part strategy that includes a higher weighting in Marvell Technology and a lower weighting in Applied Materials [3][5] - The fund employs an "applied data science approach to fundamental research" to construct its portfolio, which includes many stocks from the Nasdaq-100 but does not strictly match its allocation [5] - The fund generates income by writing out-of-the-money call options on the Nasdaq-100 index, which allows it to distribute premium income to investors monthly [5][7] Group 3: Income Generation - The options premium income generated by the fund is expected to increase due to rising market volatility, which will support higher monthly distribution payments [7][9] - The fund currently offers a higher yield compared to other asset classes, and this yield is anticipated to become even more lucrative as it capitalizes on increased volatility [8][9] Group 4: Investment Outlook - The current bear market presents an opportunity to invest in the JPMorgan Nasdaq Equity Premium Income ETF, which provides a lower-risk way to gain exposure to the Nasdaq while offering a lucrative monthly income stream [10]
These 2 Insiders Bought Millions in Stock of Their AI-Focused Companies As the Nasdaq Plunged Into a Bear Market -- and Each Has a Strong Track Record of Timing Such Buys
The Motley Fool· 2025-04-10 08:34
Amid big downdrafts in stocks, it's always interesting to see if company insiders are buying the dip.While not a guarantee of future financial performance, when insiders use their own money to buy a significant amount of stock in the open market -- over and above the stock they already receive as part of their compensation -- it's usually a promising sign of confidence.While last week's reciprocal tariff announcements shook the world on international trade, sending most tech stocks swooning, two brave insid ...
Nasdaq Bear Market: Buy the Dip on This "Magnificent Seven" Stock That's Down 29%
The Motley Fool· 2025-04-10 08:25
The Nasdaq-100 and Nasdaq Composite indexes have officially entered bear market territory, down by more than 20% from their all-time highs. Many of their component stocks are down even more than that, including technology giant Alphabet (GOOG 10.08%), which is trading 29% below its peak as of this writing.The company that owns Google, YouTube, and Android has been on a roller-coaster ride ever since OpenAI's ChatGPT went viral over two years ago, and at the moment, the track is sloping downward.However, tha ...
Primis Financial Corp. Receives Nasdaq Notice Regarding Delayed 10-K Filing
Prnewswire· 2025-04-09 21:00
Core Viewpoint - Primis Financial Corp. is facing potential delisting from Nasdaq due to non-compliance with filing requirements, specifically the failure to timely file its Form 10-K for the year ending December 31, 2024 [1][2] Group 1: Compliance and Regulatory Actions - On April 3, 2025, Nasdaq notified Primis that it is not in compliance with Listing Rule 5250(c)(1) due to the late filing of its Form 10-K [1] - The company has until April 10, 2025, to appeal this determination to a Hearings Panel to avoid delisting, with a hearing request already submitted [2][3] - The appeal process has temporarily stayed any suspension of trading for 15 calendar days, allowing the company's common stock to continue trading on Nasdaq during this period [3] Group 2: Financial Status and Operations - As of December 31, 2024, Primis Financial Corp. reported total assets of $3.7 billion, total loans held for investment of $2.9 billion, and total deposits of $3.2 billion [5] - The company operates twenty-four full-service branches in Virginia and Maryland, providing a range of financial services to individuals and small- to medium-sized businesses [5] Group 3: Future Compliance Expectations - Primis plans to file the Form 10-K as soon as possible, with expectations to do so before the scheduled hearing, which would bring the company back into compliance with Nasdaq Listing Rules [4] - The company believes it meets the standards for an extended stay of delisting during the appeal process and does not anticipate suspension or delisting of its securities [3][4]
Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date March 31, 2025
Globenewswire· 2025-04-09 20:05
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- At the end of the settlement date of March 31, 2025, short interest in 3,140 Nasdaq Global MarketSM securities totaled 13,072,444,217 shares compared with 13,066,514,117 shares in 3,124 Global Market issues reported for the prior settlement date of March 14, 2025. The mid-March short interest represents 2.64 days compared with 2.14 days for the prior reporting period. Short interest in 1,625 securities on The Nasdaq Capital MarketSM totaled 2,682,510,166 shares a ...
Nasdaq Index: Forecast for US Stocks Improves as Tech Rebounds, Dollar Weakens
FX Empire· 2025-04-09 17:40
Core Insights - The article emphasizes the importance of conducting thorough due diligence before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The content includes general news and publications, personal analysis, and opinions intended for educational and research purposes [1]. - It highlights that the information provided is not a recommendation or advice for any specific action, including investments or purchases [1]. - The article notes that the information may not be accurate or provided in real-time, and prices may be sourced from market makers rather than exchanges [1]. Group 2 - The website discusses various financial instruments, including cryptocurrencies and contracts for difference (CFDs), which are characterized as complex and high-risk [1]. - It encourages users to perform their own research and understand the risks involved before making investment decisions [1]. - The article states that the company does not endorse any third-party services and is not liable for any losses incurred from using the information provided [1].