Nasdaq news
Here are the latest news and updates from the NASDAQ:
Market News
- The NASDAQ Composite Index opened higher on Monday, led by gains in technology and healthcare stocks. The index rose 0.5% to 12,344.50.
- The S&P 500 Index also rose 0.5% to 4,144.50, while the Dow Jones Industrial Average gained 0.4% to 34,511.50.
- The yield on the 10-year Treasury note fell to 1.53%, its lowest level since February 2021.
Company News
- Tesla (TSLA): The electric vehicle maker's stock rose 2.5% after it announced a new battery technology that could increase the range of its vehicles by up to 15%.
- Amazon (AMZN): The e-commerce giant's stock fell 1.5% after it reported a decline in quarterly profits due to increased costs and investments in new businesses.
- Microsoft (MSFT): The software giant's stock rose 1.2% after it announced a new cloud-based gaming platform and a partnership with Sony to develop games for its console.
- Facebook (FB): The social media giant's stock fell 2.1% after it reported a decline in quarterly profits due to increased competition and regulatory challenges.
Earnings News
- Alphabet (GOOGL): The parent company of Google reported quarterly profits that beat expectations, driven by growth in its cloud computing and advertising businesses.
- Intel (INTC): The chipmaker reported quarterly profits that missed expectations, due to increased competition and supply chain disruptions.
- Coca-Cola (KO): The beverage giant reported quarterly profits that beat expectations, driven by growth in its non-carbonated beverages and international businesses.
IPO News
- Snowflake (SNOW): The cloud-based data warehousing company went public on Wednesday, raising $3.4 billion in one of the largest IPOs of the year.
- DoorDash (DASH): The food delivery company filed for an IPO on Friday, seeking to raise up to $2.5 billion.
- Airbnb (ABNB): The online travel booking company filed for an IPO on Friday, seeking to raise up to $3 billion.
Regulatory News
- The Securities and Exchange Commission (SEC) proposed new rules on Friday to improve the disclosure of climate-related risks by publicly traded companies.
- The Federal Reserve announced on Friday that it would keep interest rates unchanged, citing concerns about inflation and the economy.
These are just some of the latest news and updates from the NASDAQ. If you're looking for more information, feel free to ask!