Fri, Nov 15, 2024 6:21 PM
Citadel Securities’ Inflation Head Says Tariffs No Worry for Fed
A Flip by Shubhangi Gupta
Palantir Technologies shares are rising in premarket trading Friday after the analytics software provider said it is shifting its listing to the Nasdaq from the NYSE. The company, a retail investor favorite, said it will transfer the listing of its Class A common shares to the Nasdaq Global Select Market, with trading set to start on Nov. 26, making it eligible for Nasdaq 100 inclusion.
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Donald Trump's appointment of vaccine skeptic Robert F Kennedy Jr as health secretary sparks concerns, causing pharma stocks to plummet, with GSK, AstraZeneca, and Sanofi shares dropping by as much as 4.4% due to Kennedy's anti-vax views and potential impact on vaccine development and public health policies.
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Cred, led by Kunal Shah, is expanding its financial services platform by applying for a stock broking licence, aiming to enter the competitive stock broking space dominated by players like Zerodha and Groww. Cred plans to leverage its affluent user base to cross-sell products and tap into the revenue opportunities from transaction fees and advisory services.
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