Bludgeoned for weeks, a bull market is left for dead, its fate seemingly sealed as session after session of red ink show no sign of letting up. Suddenly, at the last second, a rally – death is averted – and the obituaries go back in the can.
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Move over, Netflix: Apple will be the best performing “Faang” stock in 2019, according to veteran analyst Gene Munster.
The Nasdaq Composite Index tumbled 3% on Friday, capping its worst week since the financial crisis. It’s now fallen 22% since its August record.
Shares in Tencent jumped in Hong Kong on Friday morning amid reports that China had reopened the door for new game titles. Traders should curb their enthusiasm.
Spiralling losses in technology shares have pushed the Nasdaq Composite Index to the precipice of becoming the first major US stock gauge to enter a bear market since 2009.
Naspers will start trading on South Africa’s A2X Markets for secondary listings next week, the greatest prize yet for the upstart bourse as it seeks to challenge the JSE.
In a major coup for stock exchange upstart A2X Markets, Naspers plans to list on the new South African bourse.
JSE-listed technology investment firm Naspers said on Monday it has led a $540-million (about R7.8-billion) investment round in India’s BYJU’s.
Dell Technologies has won a shareholder vote to return to public markets, putting founder Michael Dell on the winning side of a transformative transaction that polarised investors for the second time in five years.
Uber Technologies has joined rival Lyft in filing for an initial public offering, according to a person familiar with the matter.