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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.Â
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Bitcoin, Ether Fall Hard as Crypto Market Struggles With Inflation Rise
Moving to a similar beat to traditional stock markets such as the Nasdaq 100, crypto appears to be struggling under an increasing rate environment as Bitcoin, Ether and all major altcoins marked immense losses marking a massive 5.42 percent dip in the global crypto market cap in the past 24 hours.
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Rivian Valued at Over $100 Billion in Debut After World's Biggest IPO of 2021
Rivian surged as much as 53 percent in its Nasdaq debut, giving the Amazon-backed electric vehicle maker a market valuation of more than $100 billion (roughly Rs. 7,44,950 crore) after the world's biggest IPO this year.
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World's Biggest IPO Of 2021: Rivian Automative Valued At Over $100 Billion In Debut
Shares of Rivian Automotive surged 53 per cent in its Nasdaq debut, giving the Amazon-backed electric vehicle maker a market valuation of over $100 billion after the world's biggest IPO this year.
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Elon Musk And Jeff Bezos Are Now Worth Almost Half A Trillion Dollars
The combined net worth of Elon Musk and Jeff Bezos approached $500 billion on Wednesday, fueled by the unrelenting rally in Tesla Inc. shares and a broad surge in tech stocks that sent the Nasdaq 100 to an intraday record.
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Sensex Sheds Nearly 100 Points, Nifty Hovers At 17,850; IT Shares Weak
On the global front, the Dow Jones rose 0.21 per cent overnight, while the S&P 500 lost 0.28 per cent and Nasdaq Composite dropped 0.52 per cent
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Cathie Woods' Fund Buys $110 Million Coinbase Shares, Adding To Positions
Coinbase shares were up 11 per cent in U.S. premarket trading on Thursday, after having risen 52 per cent on their debut on Nasdaq, giving it a market capitalisation of close to $100 billion
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Sensex Up Over 100 Points, Nifty Hovers At 15,100
US stocks had rallied on Tuesday, with the Nasdaq gaining about 4 per cent to recoup heavy losses from the previous session, as US bond yields retreated and investors scooped up battered technology stocks
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Is Bitcoin "The Mother-Of-All-Bubbles"? What Investors Say
Last week, for example, Bitcoin managed to trade 179 per cent above its average price over the past 200 days, three times as high as the Nasdaq 100 ever got during the heyday of the dot-com bubble.
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Airbnb Valuation Shoots Past $100 Billion In Biggest US IPO Of 2020
Airbnb valuation races past $100 billion: At the start of trading on the Nasdaq, Airbnb had a market capitalization of $86.5 billion
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Netflix, Amazon, Facebook Stocks Draw In Amateur Investors From India
Individual investors around the world have gravitated toward the stock market during pandemic lockdowns, driving a surge in new trading accounts.
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Dropbox Prices Shares at $21 for Friday Market Debut
Dropbox also plans a $100 million stock sale to the venture capital arm of Salesforce, according to an earlier filing.
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Tech Boom Eases World Stocks to Over 2-Month High
A 15-year high for tech stocks on the Nasdaq helped world shares to a 2-1/2 month peak on Tuesday, though more engine trouble for Volkswagen and a $5.1 billion cash call by Standard Chartered left Europe feeling flat.
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Wall Street Climbs; Nasdaq 100 Hits 15-Year High
US stocks added to their recent run with gains across all sectors on Monday, led by increases in the beaten-down energy group and the acquisition-driven healthcare industry.
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Wall Street Rises in Volatile Session Ahead of Jobs Data
U.S. stocks ended slightly higher on Thursday as investors, on edge after recent turmoil in China's markets, looked toward a key U.S. jobs report that may figure in the Federal Reserve's decision about when to lift interest rates.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.Â
-
Bitcoin, Ether Fall Hard as Crypto Market Struggles With Inflation Rise
Moving to a similar beat to traditional stock markets such as the Nasdaq 100, crypto appears to be struggling under an increasing rate environment as Bitcoin, Ether and all major altcoins marked immense losses marking a massive 5.42 percent dip in the global crypto market cap in the past 24 hours.
-
Rivian Valued at Over $100 Billion in Debut After World's Biggest IPO of 2021
Rivian surged as much as 53 percent in its Nasdaq debut, giving the Amazon-backed electric vehicle maker a market valuation of more than $100 billion (roughly Rs. 7,44,950 crore) after the world's biggest IPO this year.
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World's Biggest IPO Of 2021: Rivian Automative Valued At Over $100 Billion In Debut
Shares of Rivian Automotive surged 53 per cent in its Nasdaq debut, giving the Amazon-backed electric vehicle maker a market valuation of over $100 billion after the world's biggest IPO this year.
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Elon Musk And Jeff Bezos Are Now Worth Almost Half A Trillion Dollars
The combined net worth of Elon Musk and Jeff Bezos approached $500 billion on Wednesday, fueled by the unrelenting rally in Tesla Inc. shares and a broad surge in tech stocks that sent the Nasdaq 100 to an intraday record.
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Sensex Sheds Nearly 100 Points, Nifty Hovers At 17,850; IT Shares Weak
On the global front, the Dow Jones rose 0.21 per cent overnight, while the S&P 500 lost 0.28 per cent and Nasdaq Composite dropped 0.52 per cent
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Cathie Woods' Fund Buys $110 Million Coinbase Shares, Adding To Positions
Coinbase shares were up 11 per cent in U.S. premarket trading on Thursday, after having risen 52 per cent on their debut on Nasdaq, giving it a market capitalisation of close to $100 billion
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Sensex Up Over 100 Points, Nifty Hovers At 15,100
US stocks had rallied on Tuesday, with the Nasdaq gaining about 4 per cent to recoup heavy losses from the previous session, as US bond yields retreated and investors scooped up battered technology stocks
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Is Bitcoin "The Mother-Of-All-Bubbles"? What Investors Say
Last week, for example, Bitcoin managed to trade 179 per cent above its average price over the past 200 days, three times as high as the Nasdaq 100 ever got during the heyday of the dot-com bubble.
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Airbnb Valuation Shoots Past $100 Billion In Biggest US IPO Of 2020
Airbnb valuation races past $100 billion: At the start of trading on the Nasdaq, Airbnb had a market capitalization of $86.5 billion
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Netflix, Amazon, Facebook Stocks Draw In Amateur Investors From India
Individual investors around the world have gravitated toward the stock market during pandemic lockdowns, driving a surge in new trading accounts.
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Dropbox Prices Shares at $21 for Friday Market Debut
Dropbox also plans a $100 million stock sale to the venture capital arm of Salesforce, according to an earlier filing.
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Tech Boom Eases World Stocks to Over 2-Month High
A 15-year high for tech stocks on the Nasdaq helped world shares to a 2-1/2 month peak on Tuesday, though more engine trouble for Volkswagen and a $5.1 billion cash call by Standard Chartered left Europe feeling flat.
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Wall Street Climbs; Nasdaq 100 Hits 15-Year High
US stocks added to their recent run with gains across all sectors on Monday, led by increases in the beaten-down energy group and the acquisition-driven healthcare industry.
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Wall Street Rises in Volatile Session Ahead of Jobs Data
U.S. stocks ended slightly higher on Thursday as investors, on edge after recent turmoil in China's markets, looked toward a key U.S. jobs report that may figure in the Federal Reserve's decision about when to lift interest rates.
