Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.
As the shares of social networking giant Facebook begin trading on the NASDAQ exchange today, experts believe that the stock is overpriced at $38 apiece and one must wait for now to invest in the firm.
For the first time since the September 11 terror attacks, the New York Stock Exchange and Nasdaq suspended all trading on Monday as the United States eastern seaboard braced for Hurricane Sandy, dubbed as one of the most dangerous storms to hit the the country.
The shares would begin trading on the NASDAQ exchange on Thursday under the symbol 'FB'.
Flushing Meadows shook with an explosion of deafening roars on Saturday as American teenage sensation Melanie Oudin sent former champion Maria Sharapova spinning out of the US Open.
In a move to allow US investors to directly participate in India's equity markets, Chicago-based US Futures Exchange (USFE) will exclusively license the Bombay Stock Exchange's Sensex for US dollar-denominated futures trading beginning February 22 next year. At present, US investors can buy only a handful of Indian stocks listed on the New York and Nasdaq exchanges through an American Depository Receipt (ADR) authorisation.
In pursuit of their global ambitions, domestic companies are looking to list their shares on exchanges in new geographies - not just New York or Nasdaq exchanges.
Indian IT firm Cognizant Technologies Corporation started trading at the Nasdaq exchange in New York on March 5.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances