Fri, Nov 15, 2024 6:18 PM
Vaccine stocks plummet after Trump names Robert F Kennedy Jr health secy
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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Citadel Securities’ Durham Abric says the Federal Reserve’s interest-rate path probably will be uninterrupted by the incoming Trump administration’s protectionist posture. Former President Donald Trump, who imposed punitive tariffs on US imports in his first term, has made it clear he’ll do so again on taking office in January.
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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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