US technology shares fell sharply on Friday, dragging the S&P 500 down 1.1% to 7,659 as AI-related stocks including CoreWeave, Dell and SanDisk each fell more than 20% over the week.
Tag: Nasdaq
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Nasdaq Hits Record 27,477 Even as 10-Year Treasury Yield Climbs to 5.31%
The Nasdaq Composite closed at an all-time high of 27,477 on October 4 despite the 10-year Treasury yield reaching its highest level since April 2002, as AI earnings growth overrode the conventional bond-market warning to growth stocks.
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Stocks Rally and Treasury Yields Fall as Weak Jobs Data Dims Fed Hike Odds
US equity futures climbed 0.8–1.2% on October 2 after September payrolls missed badly at 29,000, sending the 10-year Treasury yield back toward 5.18% and lifting Fed rate-hold odds to roughly 72%.
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Oura Targets $15.6 Billion Nasdaq Valuation as Smart Ring IPO Roadshow Opens
Oura launched its IPO roadshow on September 21, pricing shares at $40–$44 to raise up to $2.2 billion at a fully diluted $15.6 billion valuation.
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Oura Files for Nasdaq IPO on $1.2 Billion Revenue and 5 Million Subscribers
The Finnish smart ring maker disclosed 74% revenue growth and its first profitable period in an S-1 targeting a raise of up to $3 billion on the Nasdaq.
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Nasdaq Backs Kraken Parent Payward with $100 Million to Launch Tokenized Stocks
Nasdaq Ventures has committed $100 million to Payward, Kraken’s parent, in a deal valuing the firm at $21 billion and setting a Q2 2027 target for the launch of on-chain tokenized Nasdaq equities.
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CoreWeave Revenue Doubles to $2.6 Billion as AI Backlog Hits $104 Billion
CoreWeave reported Q2 revenue of $2.58 billion, up 112% year over year, with its AI backlog swelling to $104 billion and shares jumping 13.5% after hours.
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Ionic Digital to List on Nasdaq July 28 at $2 Billion in Celsius Rebirth
Ionic Digital, born from Celsius Network’s bankruptcy, lists on Nasdaq on July 28 under IOND at a $2 billion valuation, backed by Oaktree, Citadel and Attestor.
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SK Hynix soars 13% in record $26.5 billion Nasdaq debut, biggest foreign IPO on Wall Street
SK Hynix’s ADRs rose 13% on their first trading day July 10, raising $26.5 billion in the largest-ever foreign listing on Wall Street and cementing the AI memory boom as an investor priority.
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Steel Partners bids $16.75 a share for InMode, topping CEO’s own buyout offer
Steel Partners offered $16.75 per share to acquire InMode on July 9, topping CEO Mizrahy’s own $16.20 buyout bid and demanding his removal for alleged governance failures.