Mike Novogratz’ crypto firm Galaxy Digital started trading on the Nasdaq Friday under the ticker GLXY. The stock opened at $23.50 per share on the U.S. exchange. Galaxy Digital, which has been traded on the Toronto Stock Exchange since 2020, shifted its shares to the Nasdaq through a direct listing — a move that follows…
People shopping at a Chagee store in Shanghai, China, on Oct. 18, 2023. Costfoto | Nurphoto | Getty Images Shares of Chinese tea chain Chagee climbed 15% during its public market debut on Thursday, as the company plans a U.S. launch despite trade tensions between Washington and Beijing. The stock, which is trading on the…
SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025. Win McNamee | Getty Images No one is getting hit harder than technology megacaps as markets hit selloff mode. Once powering the market to new highs, the group known as the Magnificent Seven…
Traders work on the floor of the New York Stock Exchange on March 13, 2025. NYSE After Thursday’s sell-off, the S&P 500 has joined the Nasdaq Composite in correction territory, which is typically taken to mean a decline of 10% or more from a recent high. Investors looking to distract themselves with a drink might,…
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. Julia Demaree Nikhinson | Getty Images So…
U.S. President Donald Trump holds an executive order in the Oval Office, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | Reuters U.S. President Donald Trump expanded his tariff pause to goods coming in from Canada and Mexico, so long as they satisfy terms of the United States-Mexico-Canada Agreement, a…
A young Chinese AI startup, DeepSeek, sparked a massive rout in U.S. technology stocks Monday as its highly competitive — and potentially shockingly cost-effective — models stoked doubts about the hundreds of billions of dollars that America’s biggest tech companies are spending on artificial intelligence. DeepSeek’s emergence is shaking up investor confidence in the AI…
A bitcoin is on a screen showing the bitcoin-U.S. dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Cryptocurrencies tumbled to begin the final week of January, with the market in a cooling period after running to a new record and pulled lower by the DeepSeek-driven sell-off in tech stocks. The price of…
