Robinhood, AppLovin Shares Jump on S&P 500 Inclusion
Robinhood and AppLovin shares jumped on Monday after S&P Dow Jones Indices announced they will join the S&P 500 on Sept. 22, replacing Caesars Entertainment and MarketAxess Holdings.
Trump-Backed Bitcoin Miner “American Bitcoin” to List on Nasdaq
American Bitcoin, a cryptocurrency mining and holding company backed by former U.S. President Donald Trump’s sons and Canadian miner Hut 8, is preparing to list on the Nasdaq exchange under the ticker ABTC, the company said on Tuesday.
Gemini Aims for $2.22 Billion U.S. IPO
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, is targeting a $2.22 billion valuation in its planned U.S. IPO. The company aims to raise up to $317 million by listing on Nasdaq under the ticker GEMI, with Goldman Sachs and Citigroup as lead underwriters.
Gold Reaches Record Highs Amid Dollar Weakness and Rate-Cut Bets
Gold surged to a record high above $3,500 today. A weaker dollar, expectations of Fed rate cuts, strong central bank buying, and safe-haven demand are fueling the rally. Silver also traded above $40 reaching the highest levels since 2011, adding momentum to the precious metals boom.
StoneX Shares Reach Record Highs Amid Global Expansion
StoneX Group (NASDAQ: SNEX) has reached record highs, with shares climbing above $100 for the first time. The surge reflects strong earnings, revenue growth, and a series of strategic acquisitions.