Today, November 05, 2021, in the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity.

I have been looking for a while for something to buy that can benefit from the continuing move towards what has become known as the „internet of things,“ the growing trend towards making everything connected and „smart.“

This synergistic energy, brand new to the cryptoverse, has given rise to new ideas, burgeoning partnerships, and perhaps most notably, new buzzwords. So what word will join the list next? Lending. Here’s why.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.

Some high-profile misses garner a lot of attention, but the most important factors for the long-term trajectory of the market are intact.

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.

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. 

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.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.