Nasdaq has updated its rules to allow qualifying IPOs to join the Nasdaq 100 index within 15 days, a significant acceleration compared to previous timelines, to better reflect large new public companies. This change aims to keep indexes representative amid companies going public with huge valuations but may complicate price discovery due to the compressed timeline. Meanwhile, preferred securities ETFs offer tax-advantaged income and often better credit quality than ratings suggest, but passive preferred ETFs can carry long durations of 8-9 years, exposing investors to interest rate risks. Active management, like Nuveen's approach, aims to control duration and has historically outperformed benchmarks.
ClearSign Technologies' stock fell 20.18% in after-hours trading following the announcement of a proposed underwritten public offering of common stock. The company plans to sell new shares to raise funds for working capital, research and development,...
EC-Council has introduced the Adopt. Defend. Govern. (ADG) AI Framework and a free AI Readiness Self-Assessment Tool to help organizations securely adopt and govern AI technologies. Developed with input from major firms like Citi and Microsoft, the f...
Shrey Parikh, a 14-year-old from California, won the 2026 Scripps National Spelling Bee by correctly spelling 32 out of 35 words in a 90-second spell-off, breaking the previous record. He defeated Ishaan Gupta of New Jersey, who spelled 25 out of 29 ...
Soma Gold Corp. reported a net loss of $2.1 million in Q1 2026, down from a $3.2 million profit in the same period last year. Revenue fell 19% to $22.5 million, impacted by operational disruptions following a labor strike and mechanical issues at the...
Sivers Semiconductors announced a 77% year-to-date growth in its opportunity pipeline to $799 million, signaling strong future prospects despite a 22% revenue decline in Q1 2026 caused by the US government shutdown and defense budget delays. The comp...
