(Bloomberg) — Palantir Technologies Inc.’s stock fell 7.5% on Friday following a report that a battlefield communications system it worked on with defense tech firm Anduril Industries Inc. was seriously flawed — a claim both companies said was out of date and inaccurate. The report on Friday, published by Reuters, centered on a September Army…
By Charlie Conchie LONDON (Reuters) -AstraZeneca’s move to upgrade its listing in the U.S. risks pulling liquidity away from London’s stock market and could pave the way for other large companies to follow suit, analysts, investors and advisers said. The British drugmaker, one of London’s most valuable listed companies, said on Monday it would retain…
Funds raised from new share sales in Hong Kong jumped 220 per cent in the first nine months of 2025, strengthening the local stock exchange’s grip on the top spot in the global rankings, while analysts predicted that the initial public offering (IPO) market would continue to pop well into next year. A total of…
(Reuters) -Online marketplace Etsy on Monday said it will transfer its common stock listing to the New York Stock Exchange, with trading set to begin on October 13. The company said it expects to cease listing on Nasdaq on October 10. Shares of Etsy, which has a market capitalization of about $6.36 billion, have risen…
NEW YORK, Sept 24 (Reuters) – Short interest on the New York Stock Exchange rose 3.3 percent in mid-September, the exchange said on Wednesday. As of Sept. 15, short interest rose to about 19.181 billion shares, compared with 18.568 billion shares as of Aug. 29. Investors who sell securities short borrow shares and then sell…
Markets fell after Fed Chairman Jerome Powell warned that stocks are “highly valued.” U.S. stocks dropped, with tech leading losses on skepticism over Nvidia’s $100 billion OpenAI deal. Europe and U.K. markets opened lower. U.S. Federal Reserve Chairman Jerome Powell gave a speech in Rhode Island yesterday and, afterwards, was asked whether the Fed was…
The price of gold hit a new record high—something that normally happens when investors are fearful and seeking a safe haven. But the stock markets also hit a new record high—normally a signal of optimism. The reason? Investors are both bullish and afraid, according to Deutsche Bank. The price of gold hit another record high…
By Ateev Bhandari, Pritam Biswas and Echo Wang (Reuters) – Shares of StubHub rose about 8% in their New York Stock Exchange debut on Wednesday, but closed the day below their issue price as investors welcomed the ticket reseller marketplace with caution. The New York-based company’s shares opened at $25.35 per share, compared with the…
WaterBridge Infrastructure signage during the company’s IPO on the floor of the New York Stock Exchange. (Bloomberg) — WaterBridge Infrastructure LLC shares rose 14% in their trading debut after the water infrastructure company raised $634 million in an initial public offering that priced at the top end the marketed range. Most Read from Bloomberg The…
NEW YORK, NEW YORK – SEPTEMBER 17: A Stubhub banner hangs at the New York Stock Exchange as the company prepares to ring the opening bell on September 17, 2025 in New York City. Stubhub founder and CEO Eric Baker rang the opening bell as the company celebrates its Initial Public Offering (IPO). (Photo by…