NASDAQ Financial News

Now that it’s a publicly listed company, giant registered investment advisor and asset manager AlTi Global Inc. is looking to boost one of the most important cash flow metrics for RIAs: EBITDA, or earnings before interest, taxes, depreciation and amortization.

By Amruta Khandekar and Shristi Achar A

The Dow Jones Industrial Average fell 31.43 points, or 0.09%, at the open to 34,914.96. The S&P 500 opened lower by 4.07 points, or 0.09%, at 4,433.79, while the Nasdaq Composite dropped 37.88 points, or 0.28%, to 13,593.17 at the opening bell.

Investing.com — U.S. stock futures edged higher Wednesday, rebounding after the previous session’s sharp losses ahead of the release of minutes from the last Federal Reserve as well as earnings from retail giant Target.

Nifty Smallcap 250 outperformed all major indices clocking gains of 7.69 per cent in July, followed by Nifty Miscap 150 which scored gains of 5.51 per cent during the period. According to a report by domestic brokerage firm Motilal Oswal titled ‘Global Market Snapshot’, the broader indices outperformed major ones including Nify50 and Nifty 500 during July, which gained 2.94 per cent and 3.83 per cent respectively. In addition, both indices have outperformed the other indices when compared on a three-month, six-month, and on an annual basis.

Investing.com — U.S. stock futures inch into the green, hinting at a recovery from declines in the preceding session, as investors looked ahead to results from big-box retailer Target . Elsewhere, private equity TPG reportedly approaches EY over purchasing a stake in the financial services group's consulting arm, while VinFast's backdoor listing sees the value of the Vietnamese electric vehicle start-up climb above U.S. car giants Ford and General Motors.

By Harry Robertson and Kane Wu

Its electric cars have been dogged by poor reviews and it’s on pace to make fewer sales this year than General Motors Co. does in a week. 

Burry is making his bearish bets against the S&P 500 and Nasdaq 100 at the end of the second quarter. Burry's fund has bought put options with a notional value of $739 million against the popular Invesco QQQ Trust ETF during the quarter, and separate put options with a notional value of $886 million against the SPDR S&P 500 ETF. This may act as a word of caution and also a tip for millions of investors across the globe who follow Burry since he forecasted the lending crisis and profited handsomely from the market downturn.

In a dynamic period for Bitcoin, the renowned cryptocurrency has seen its value slightly diminish, trading at $29,231—a 0.50% decrease as of Wednesday. 

Stock market today: Infosys shares have been witnessing buying interest since early morning deals on Wednesday. Infosys share price today opened with an upside gap at ₹1,410.80 apiece levels on NSE and went on to hit intraday high of ₹1,419.50 per share levels, logging near 2 per cent rise against its Monday close of ₹1,393.55 per share.

«Market is witnessing consolidation at higher levels in the absence of any positive trigger. We expect this trend to continue in the near term as a series of macro data around the world and FOMC meeting minutes will be released during the week which could keep markets subdued,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 19800 zones while an immediate trading range in between 19200 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded 88.5 points, or 0.45 per cent, lower at 19,385.50, signaling that Dalal Street was headed for negative start on Wednesday.

Indian stock market is likely to open lower on Wednesday tracking weak global cues amid overnight selloff in the US equities. Concerns that interest rates may remain higher for a longer time dampened investors' sentiment. On the domestic front, Indian markets were shut on Tuesday on account of the Independence day holiday.

A sharp drop for Wall Street capped a day of declines worldwide after discouraging data on China raised worries about the global economy

Investing.com — The Dow ended lower Tuesday, as an ongoing stumble in China's economy raised fears about global growth just as Treasury yields after stronger-than-expected consumer spending dented hopes that the Federal Reserve won't resume rate hikes later this year. 

Stocks closed broadly lower on Wall Street, capping a day of declines worldwide, after discouraging data on China raised worries about the global economy

Stocks worldwide are falling as China’s faltering recovery raises worries for the rest of the global economy

The Scion chief has become infamous for his warnings about market collapse, having posted a one-word tweet of ‘Sell’ in January of this year. Credit: Wiki Commons

Wall Street's main indexes opened lower on Tuesday after a sharper-than-expected rise in U.S. retail sales stoked concerns the Federal Reserve could keep interest rates higher for longer.

Oppenheimer analysts raised Redfin (NASDAQ:RDFN) to Perform from Underperform in a note to investors Tuesday, removing its price target for the stock.

By Phuong Nguyen and Francesco Guarascio