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NaaS Technology Inc. Receives Notification of Non-Compliance from Nasdaq Regarding Late Filing of Annual Report on Form 20-F
Prnewswire· 2025-05-21 20:10
Core Viewpoint - NaaS Technology Inc. has received a Notice of Non-Compliance from Nasdaq due to the late filing of its annual report for the fiscal year ended December 31, 2024, but this does not immediately affect its listing or trading status on Nasdaq [1][2]. Compliance and Regulatory Summary - The Notice indicates non-compliance with Nasdaq Listing Rule 5250(c)(1), which mandates timely submission of periodic financial reports to the U.S. Securities and Exchange Commission [2]. - NaaS has 60 calendar days from the date of the Notice to submit a compliance plan, and if accepted, may receive an extension of up to 180 calendar days to regain compliance, potentially until November 11, 2025 [3]. Company Commitment and Operations - NaaS is committed to addressing the compliance issue promptly and is working diligently to complete and file its Annual Report as soon as possible [4]. - NaaS Technology Inc. is the first U.S. listed EV charging service company in China and is a subsidiary of Newlinks Technology Limited, focusing on energy digitalization [5]. - The company leverages advanced technology to connect charging supply with demand, enhancing the charging experience for EV users [5][6]. - NaaS also empowers charging stations and operators through data-driven operational optimization, improving efficiency and profitability across the ecosystem [6].
Nasdaq Falls 100 Points; Home Depot Sales Top Views
Benzinga· 2025-05-20 14:01
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Tuesday.Following the market opening Tuesday, the Dow traded down 0.17% to 42,717.49 while the NASDAQ fell 0.60% to 19,100.94. The S&P 500 also fell, dropping, 0.28% to 5,946.87.Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 4% Dividend YieldsLeading and Lagging SectorsUtilities shares rose by 0.4% on Tuesday.In trading on Tuesday, information technology stocks ...
Wen Acquisition Corp Completes $300,150,000 Initial Public Offering
GlobeNewswire News Room· 2025-05-19 21:21
New York, NY, May 19, 2025 (GLOBE NEWSWIRE) -- Wen Acquisition Corp (the “Company”) announced today the closing of its initial public offering of 30,015,000 units, which includes 3,915,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,150,000. The Company’s units began trading on May 16, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “WENNU.” Each ...
Pinnacle Food Group Limited Receives Nasdaq Notice Regarding Late Form 20-F Filing
GlobeNewswire News Room· 2025-05-19 20:10
Core Viewpoint - Pinnacle Food Group Limited has received a notice from Nasdaq regarding non-compliance due to the failure to file its Annual Report on Form 20-F for the year ended December 31, 2024 [1][2] Group 1: Compliance and Regulatory Issues - The notice from Nasdaq indicates that the company is not in compliance with listing rule 5250(c)(1) which mandates timely filing of periodic financial reports with the SEC [1] - Pinnacle has 60 calendar days, until July 15, 2025, to submit a plan to regain compliance, and if accepted, may have up to 180 days from the original due date to comply, extending the deadline to November 11, 2025 [2] Group 2: Company Overview - Pinnacle Food Group Limited is based in Vancouver, Canada, and specializes in selling smart hydroponic growing systems and technical support services to households, community groups, and urban farms [3] - The company offers tailored hardware solutions and data-driven support to optimize smart farming productivity [3]
Nasdaq 100: Tesla, Apple, Palantir Slide After US Credit Downgrade Sparks Selloff
FX Empire· 2025-05-19 16:00
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, publications, and personal analysis intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are encouraged to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It highlights the necessity for users to understand how these instruments work and the associated risks before investing [1]. - The content warns that trading decisions made based on the information provided are the sole responsibility of the user [1].
The Nasdaq Just Soared 30% From Its 2025 Low: 3 Vanguard ETFs to Buy Now
The Motley Fool· 2025-05-18 14:33
Market Overview - The Nasdaq Composite closed at 19,146.81, marking a 29.5% increase from its 52-week low of 14,784.03 on April 7 [1] - Easing trade tensions and reduced recession odds forecasts from major banks have contributed to renewed investor optimism [1][2] Exchange-Traded Funds (ETFs) - ETFs are highlighted as effective tools for diversification, with Vanguard offering low-cost options with expense ratios of 0.1% or lower [3] - The Vanguard Growth ETF has a significant allocation in major tech companies, including Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta Platforms, Broadcom, and Tesla, which have led the market rebound [5] - Over the past decade, the Vanguard Growth ETF has shown a total return of 277.4%, closely mirroring the Nasdaq Composite's return of 279.1% [6] Vanguard Growth ETF - The Vanguard Growth ETF is not limited by index constraints, allowing for investment in major growth stocks listed on the NYSE, such as Eli Lilly and Oracle [7] - The ETF's performance is driven by large holdings in tech giants, with Apple, Nvidia, and Microsoft comprising 46.3% of the Vanguard Information Technology ETF [9] Technology Sector - Major tech companies are experiencing significant growth, with Apple focusing on an integrated ecosystem and a $100 billion stock repurchase program [10] - Microsoft is recognized for its diversified business model and strong growth in cloud computing and AI [11] - Increased capital expenditures in AI by companies like Meta Platforms and continued investment from cloud giants indicate robust sector growth [12] Consumer Discretionary Sector - The Vanguard Consumer Discretionary ETF has a substantial allocation in Amazon and Tesla, along with other cyclical sectors that benefit from economic growth [13] - This sector is sensitive to economic indicators and can experience rapid growth during positive economic conditions [14] - Investors interested in Amazon and Tesla may find the Vanguard Consumer Discretionary ETF appealing [15] Investment Strategy - While the discussed ETFs have surged alongside the Nasdaq Composite, investors are advised to focus on long-term growth rather than short-term market rallies [16] - The concentration of holdings in these ETFs can lead to high volatility, necessitating careful consideration of top holdings before investment [17] - For those seeking less volatility, more diversified funds may be preferable [18]
Should You Buy These Beaten-Down Nasdaq-100 Stocks?
The Motley Fool· 2025-05-18 09:25
The tech-focused Nasdaq-100 is home to some of the most innovative and fastest-growing companies around. As of May 14, most of the stocks in the index are up year to date. But some of them still offer attractive long-term growth prospects and are trading well off their recent highs, including Datadog (DDOG 0.38%) and The Trade Desk (TTD -1.52%).Datadog shares are currently down 17% year to date, while The Trade Desk shares are down 34.5%. However, these growth stocks jumped off their recent lows following s ...
Could Investing $100 a Month Into the Nasdaq-100 Be Your Ticket to Becoming a Millionaire?
The Motley Fool· 2025-05-18 08:08
The Nasdaq-100 offers investors a great way to gain exposure to high-profile growth stocks.Investing in growth stocks can be a great way to generate outsize gains and bolster your portfolio. However, one of the more daunting aspects of investing is choosing individual stocks and figuring out when to cash out your positions. One way to mitigate these dynamics is through index funds, which provide a passive way to generate wealth through steady contributions and a long-run investment horizon.Let's explore why ...
Nasdaq Resumes Trading in Damon Inc.
GlobeNewswire· 2025-05-16 16:30
NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume in Damon Inc. (Nasdaq: DMN) at 9:00 a.m. Eastern Time on May 19, 2025. Trading in the company’s stock was halted on April 29, 2025 at 2:01:07 p.m. Eastern Time. For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site. For more information about The Nasdaq Stock Market, visit the ...
S&P500 and Nasdaq Index: Consumer Data Sinks Sentiment, Super Micro, Moderna Rally
FX Empire· 2025-05-16 16:00
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...