On Thursday, GlobalFoundries (GFS), a global leader in feature-rich semiconductor manufacturing, listed on the Nasdaq Stock Exchange, raising nearly $2.6 billion in its initial public offering (IPO). The new listing marked Nasdaq’s largest U.S. IPO by proceeds raised in 2021.
Schlagwort-Archiv: Market
Shiba’s Rise May Be A Bear Signal For Bitcoin
On Wednesday, the cryptocurrency Shiba Inu briefly hit $40 billion in market cap as it closed in on rival dog-themed token Dogecoin, which is currently down more than 50% from its peak earlier this year.
The Future is Electric: Volvo Cars IPO Surges to the Second-Largest Capital Raise on Nasdaq Stockholm as It Pursues a Fully Electric Fleet
Looking to excel in the electric car market, Swedish automaker Volvo Cars listed on Nasdaq Stockholm, aiming to raise approximately 20 billion SEK, the equivalent of $2.3 billion, and intends to use these funds to produce a fully electric fleet of cars.
Crude Flat on Expectations that OPEC+ Will Keep Supply Tight
Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.
Bitcoin (BTC) Steadies Around $61k, Ethereum (ETH) Posts a New All-Time High
The cryptocurrency market is back on the front foot and pushing higher after a mid-week clear out and both Ethereum and Bitcoin look good to move even higher.
US Dollar Forecast: Fed QE Taper, Non-Farm Payrolls, Wall Street Volatility Risk
The US Dollar rose as markets await the Fed, the start of QE tapering and NFPs. Still, USD has broadly underperformed in October, it might have its chance to shine next.
Australian Dollar Outlook: RBA in Focus as Commodities Fade. Where to for AUD/USD?
The Australian Dollar found support from a yield uptick on RBA inaction, but commodity weakness kept a lid on it. Will yield or commodities drive AUD/USD?
GBP Forecast: Bank of England Seen Raising Rates, GBP/USD at Risk
BoE seen raising rates, however, high bar for hawkish surprise sets up GBP disappointment
Euro Q4 Fundamental Forecast: More Euro Weakness Likely Lies Ahead
The ECB, and by extension the Euro, faces the unenviable combination in Q4 of weakening economic growth and above-target inflation.
Crude Slips After Report Reveals Increase in Crude, Fuel Inventories
Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.