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AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.
The seemingly sturdy U.S. stock market has begun to wobble. Its months-long tech-driven rally may be running out of steam amid broader uncertainty about the U.S. economy’s outlook.
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Chinese coffee chain Luckin believes it has a future in the U.S. public markets—again. The fast-growing Starbucks competitor first listed on the Nasdaq Stock Market in 2019, but was [delisted in 2020]
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Nasdaq composite and Russell 2000 move closer to correction territory. Here are the levels to watch.
As the stock market sells off, the major indexes are approaching a correction, which is a key technical level that marks a 10% drop from a recent high. The tech-heavy Nasdaq composite and small-cap Russell 2000 are already more than halfway to that level.
MetaOptics Ltd (the 'Company' or 'MetaOptics', and together with its subsidiaries, the 'Group') announces that the Company is proposing to seek a dual listing of the Company on the NASDAQ stock exchange in New York,