What Caught Our Attention in the Investment World? – Week of January 18-21, 2022

By Kuldip K. Ambastha In this past trading week, the technology-heavy NASDAQ Composite Index (^IXIC) posted negative daily returns on all four consecutive trading days. (Monday, January 17, 2022 was not a trading day, due to this day being Martin Luther King Jr. Day.) The NASDAQ Composite Index entered into correction territory, with a correction …

What Caught Our Attention in the Investment World? – Week of July 26-30, 2021

By Kuldip K. Ambastha Robinhood Markets, Inc. (HOOD) is an online brokerage firm offering many investment products at a zero commission per trade for retail investors. Robinhood went public in the past trading week on NASDAQ, with the first day of trading for its stock being Thursday, July 29, 2021. Shares were initially priced at …

What Caught Our Attention in the Investment World? – Week of June 28-July 2, 2021

By Kuldip K. Ambastha Krispy Kreme, Inc. (DNUT), a specialty retailer mainly focused on doughnuts, had its second IPO during this past trading week. Thursday, July 1, 2021 was the first trading day for its stock on the NASDAQ Global Select (NasdaqGS) Market platform. The stock reference price range was initially set at $21-$24 per …

What Caught Our Attention in the Investment World? – Week of April 12-16, 2021

By Kuldip K. Ambastha Investors all over the world continue to be intrigued by the cryptocurrency and blockchain sector. Coinbase Global Inc. (COIN) had a reference price of $250.00 for its NasdaqGS direct listing of pre-existing private shares. Wednesday, April 14, 2021 was the first full day of public trading for Coinbase Global, with the …

What Caught Our Attention in the Investment World? – Week of May 18 – 22, 2020

By Kuldip K. Ambastha The American stock exchanges list a variety of companies from all over the world. Restrictions may be soon rolled out for Chinese (and other non-U.S.) companies listed on American stock exchanges, due to the Holding Foreign Companies Accountable (HFCA) Act already passed unanimously by the U.S. Senate on Wednesday, May 20, …

What Caught Our Attention in the Investment World? – Week of July 15-19, 2019

By Anil K. Ambastha and Kuldip K. Ambastha Second-quarter earnings season started in earnest this week and will continue for the next 3-4 weeks. This week, the S&P 500, Dow 30, and Nasdaq indices respectively dropped by 1.23%, 0.65%, and 1.18%. Thus, movement of the indices was fairly benign and insignificant. However, individual stocks can …

What Caught Our Attention in the Investment World? – Week of July 8-12, 2019

By Anil K. Ambastha and Kuldip K. Ambastha After testimony of the U.S. Federal Reserve Chairman Jerome Powell to the U.S. Congress where he indicated the possibility that the central bank may cut interest rates during its meeting later this month, some of the major stock market indices reached their all-time highs. The S&P 500, …