China Top Tech Stocks Added $439bn, More Than Mag Seven

March 7, 2025

Catenaa, Friday, March 07, 2025- China top tech stocks have added $ 439 billion to the market so far in 2025, outperforming US magnificent seven stocks, a report from Bloomberg said on Friday. The report said an equal-weighted basket of China’s seven tech heavyweights including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — dubbed the “7 titans” […]

Coincheck Becomes Second Crypto Exchange to Go Public on Nasdaq

December 11, 2024

Catenaa, Wednesday, December 11, 2024-Coincheck, Japan’s second-largest cryptocurrency exchange, will debut on Nasdaq on Wednesday through a merger with Thunder Bridge Capital, marking a significant milestone for the global crypto industry.  The de-SPAC transaction will create Coincheck Group N.V., with an initial implied market capitalization of approximately $1.3 billion. Trading under the ticker CNCK, the […]

Global Markets Slide as Trump Prepares Sweeping Tariffs

April 2, 2025

Catenaa, Wednesday, April 02, 2025-Global stock markets tumbled Monday as investors reacted to US President Donald Trump’s plans for sweeping new tariffs on imports, sparking fresh trade war fears. Trump, who has already imposed tariffs on steel, aluminum and cars, is set to announce additional levies on April 2, which could target all countries. The […]

MicroStrategy Joins Nasdaq 100 After 500% Stock Rally

December 16, 2024

Catenaa, Monday, December 16, 2024- MicroStrategy, the largest corporate holder of Bitcoin, will officially join the Nasdaq 100 index on December 23 following a nearly 500% surge in its stock price this year. The company will be included alongside Palantir and Axon Enterprise, replacing Moderna, Illumina, and Super Micro Computer.  The move comes as part […]

Nasdaq Falls Below Key Technical Level Amid Rising Risks

January 15, 2025

Catenaa, Wednesday, January 15, 2025 – The Nasdaq Composite Index dropped below its 50-day moving average this week, a widely watched technical indicator signaling weakened momentum and the potential for further declines. The dip comes as investors grapple with a slew of economic and geopolitical challenges. Rising interest rates, driven by the Federal Reserve’s aggressive […]

Nasdaq Files 19b-4 for Grayscale’s Spot Hedera ETF

March 6, 2025

Catenaa, Thursday, March 06, 2025- The Nasdaq Stock Market LLC has submitted a 19b-4 filing with the US Securities and Exchange Commission (SEC) to list and trade Grayscale’s spot Hedera (HBAR) exchange-traded fund, marking a crucial step in the ETF approval process. The submission was made in January. This filing follows a similar move for […]

Nasdaq Seeks SEC Approval for Grayscale’s Avalanche ETF

April 2, 2025

Catenaa, Wednesday, April 02, 2025- Nasdaq has filed a 19b-4 form with the Securities and Exchange Commission (SEC) to list and trade shares of Grayscale’s proposed spot Avalanche exchange-traded fund.  The filing, submitted Thursday, marks another step in Grayscale’s effort to expand its crypto ETF offerings beyond Bitcoin and Ethereum. If approved, the ETF would […]

Nvidia-backed CoreWeave IPO Oversubscribed

March 21, 2025

Catenaa, Friday, March 21, 2025– Nvidia-backed company CoreWeave’s Initial Public Offering on Thursday has oversubscribed after early mutual fund support and one-on-one conversions, Bloomberg reported. Quoting sources, Bloomberg said that the CoreWeaveIPO was oversubscribed, where the offering could raise as much as $2.7 billion at the top of the marketed range. The deal is expected […]

Sol Strategies Eyes Nasdaq Listing After Massive Stock Surge

December 15, 2024

Catena, Sunday, December 15, 2024- Sol Strategies, a blockchain-focused investment firm, is planning a Nasdaq listing following a 2,336% surge in its stock on the Canadian Securities Exchange since July. The move aims to broaden its investor base, boost liquidity, and enhance brand visibility, CEO Leah Wald said in a statement on Wednesday.  The company, […]

US Inflation Rises Less Than Expected Due to Tariffs

March 13, 2025

Catenaa, Wednesday, March 12, 2025- US inflation rose by slightly less than expected in February, official data showed on Wednesday, providing a momentary relief for investors and consumers as tariffs threatened to increase prices in the coming months. According to the US Labor Department, the consumer price index, increased by 2.8% year on year in February, cooling […]

US Stocks Drop as Trump Tariffs Take Effect

March 5, 2025

Catenaa, Tuesday, March 04, 2025– US stocks fell in the early hours on Tuesday, after President Donald Trump’s promised tariffs tool effect. The Dow Jones Industrial Average dropped by over 765 points, or 1.77% after 2 hours into the market opening, while the S&P 500 fell 1.75%. The tech-heavy Nasdaq inched down 1.57 The policy taxes […]

US Stocks Rebound on Government Funding to Prevent Shutdown

March 18, 2025

Catenna, Friday, March 14, 2025- US stocks rallied on Friday after news of a government funding plan by lawmakers, as investors tried to finish a rocky week as all three major indexes were on track to continue their loss streak for another week. The Dow opened higher and surged 572 points, or 1.40%. The broader […]

US Stocks Reverse Course After 90-Day Tariff Halt News

April 7, 2025

Catenaa, Monday, April 07, 2025- Stocks reversed course in Wall Street on Monday after White House economic adviser Hassett President Trump is considering a 90-day tariff pause on all countries except China. In an interview with Fox news, National Economic Council Director Kevin Hassett said that President Donald Trump was considering a 90-day tariff pause […]

Virtune Lists Avalanche, Cardano ETPs on Nasdaq Helsinki

February 8, 2025

Catenaa, Saturday, February 08, 2025- Swedish digital asset firm Virtune has expanded its crypto exchange-traded product (ETP) offerings, listing Avalanche (AVAX) and Staked Cardano (ADA) ETPs on Nasdaq Helsinki. The move provides both institutional and retail investors in Finland with regulated access to these altcoins.  The newly listed ETPs are fully backed and denominated in […]

Wolfspeed’s Shares Plummet By 48% With Financial Struggles

March 28, 2025

Catenaa, Friday, March 28, 2025- Wolfspeed’s shares fell by about 48% on Friday, hitting a 27-year low, after the chipmaker appointed a new CEO amid its struggles to improve its financial position. The company on Thursday named chip industry veteran Robert Feurle as its chief executive effective May 1, after it ousted Gregg Lowe without […]