NASDAQ Financial News

Short sellers are reaping huge profits this year, as the stock market's brutal bloodbath fuel their bearish bets.

It's a sea of red in the stock market on Monday, and there are several factors that are dragging stocks down in January.

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Bitcoin continued to plunge on Saturday following Friday’s cryptocurrency market crash, dropping 5.6 per cent to sit below the $35,000 (€30,851) threshold for the first time since August.

With the Federal Reserve intending to withdraw stimulus from the market, riskier assets the world over have suffered. Bitcoin, the largest digital asset, lost more than 12% Friday and dropped below $36,000 to its lowest level since July. Since its peak in November, it has lost over 45% of its value. Other digital currencies have suffered just as much, if not more, with Ether and meme coins mired in similar drawdowns. Bitcoin’s decline since that November high has wiped out more than $600 billion in market value, and over $1 trillion has been lost from the aggregate crypto market. While there have been much larger percentage drawdowns for both Bitcoin and the aggregate market, this marks the second-largest ever decline in dollar terms for both, according to Bespoke Investment Group.

JPMorgan is paying Chief Executive Jamie Dimon $34.5 million for a record-breaking 2021, $3 million more than he made in the previous two years.

U.S. stock index futures were lower during overnight trading Thursday following a disappointing earnings report from Netflix, building on the major averages' declines during regular trading.

Technology stocks have got off to a shaky start this year, as fears of looming interest-rate hikes prompt spooked investors to dump shares.

Technology stocks have got off to a shaky start this year, as fears of looming interest-rate hikes prompt spooked investors to dump shares.

U.S. equities futures were little changed Wednesday after another choppy trading session as investors remained cautious amid rising rates and the Nasdaq dipped into correction territory.

U.S. stock futures rose slightly in overnight trading on Tuesday following a sell-off on Wall Street triggered by surging bond yields.

Major bank stocks declined after their earnings reports on Friday, weighing on the U.S. markets as Wall Street notched a second straight negative week to start the year.

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U.S. stocks struggled on Thursday as a rebound in tech stocks faded, erasing gains from earlier this week.

U.S. stocks were flat on Monday evening after the major averages extended declines, until the Nasdaq rallied to snap a four-day losing streak.

Stock futures moved lower early Monday after a rocky start to 2022 for equity markets as interest rates rise.

On Wednesday, Nasdaq Composite logged its biggest daily loss since February last year. But for one of its listed companies, the day turned out to be extremely bullish.

Private-equity firm TPG launched its roadshow pitch to investors Tuesday, seeking a valuation as high as $9.5bn in its initial public offering, moving into the final stretch of a process that has been months in the making.

U.S. stock index futures were little changed during overnight trading Wednesday after the S&P 500 and Dow Jones Industrial Average closed at new records.

U.S. stock index futures indicated a muted start on Monday as markets reopen after the Christmas holidays and investors assess the spread of the omicron Covid-19 variant.

Stock futures were slightly higher Wednesday evening following the second trading day in which equities climbed higher, as investors looked past earlier jitters about the spread of the omicron Covid variant.