Nasdaq Composite Closed Lower on Tuesday as Oracle Loses 13% and Other Tech Stocks Slide
The Nasdaq saw a lower close as tech stocks fell after Oracle released figures that disappointed Wall Street.
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The primary goal of every business is to make a profit. Making profit involves various economic and commercial activities such as operations, investments, financing, etc.
For the most part, a business starts with a business idea (the thought) and a name. Subject to the idea of the business, broad statistical surveying might be important to decide if transforming the thought into a business is plausible, and if the business can convey an incentive to customers. The business name can be one of the most significant resources of a firm; cautious thought should, in this manner, be given while picking a business name. Organizations working under invented names are usually enlisted with the regulatory bodies. The ownership of a business can either be in a sole proprietorship or a form of partnership among shareholders, although most of the top firms in the world today are jointly owned.
Most organizations are usually based on the structure of a strategy for continuous growth and expansion, which is a conventional record itemizing a business’ objectives and targets, and its systems of how it will accomplish the objectives and destinations. Marketable strategies are practically fundamental when getting capital to start business activities.
It is equally essential to decide on the legal framework of a business. Based on the nature of a business, there might be need to obtain suitable grants, stick to staffing prerequisites, and get licenses to lawfully work. In numerous nations, business firms are viewed as a juridical entity, this implies that they can possess property, procure debt, and be charged in the court of law.
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The Nasdaq saw a lower close as tech stocks fell after Oracle released figures that disappointed Wall Street.
Tuesday’s stock drop has not affected the performance of Oracle shares in an overall sense.
Arm’s processors are already playing a significant role in AI workloads, particularly in smartphones.
To encourage collaboration, TikTok Shop has introduced an affiliate program, allowing sellers to partner with creators on a commission basis to promote their products.
Rather than backtracking trade activities after the fraud has occurred, the CFTC commissioner believes the focus should be on preventing them.
As investors brace themselves for another week of market volatility and unsteady stock futures, all eyes are on the crucial economic data releases that could have a profound impact on the financial landscape.
Morgan Stanley had to upgrade its target price for Tesla shares for the next 12 to 18 months, from $250 to $400.
Qualcomm is expected to supply Apple with Snapdragon 5G Modem-RF Systems for smartphone launches in 2024 through 2026.
Following an uptick in first-quarter revenue, Oracle’s board of directors approved a cash dividend of about 40 cents per share, which will be paid out to shareholders on October 26.
BlackRock and Alliance Bernstein LP are both willing to buy an aggregate of $100 million worth of Klaviyo’s IPO shares.
As a publicly traded company, Instacart will need to navigate fierce competitions.
Within the funding round, Animoca Brands issued Simple Agreements for Future Equity (SAFEs) priced at A$4.50 each and offered a free-attaching utility token warrant on a 1:1 dollar basis to the participants.
In an official statement on Sunday, Alibaba said that Zhang will be replaced by Eddie Wu.
Going by the new estimates, Morgan Stanley expects that Tesla’s market capitalization will surge by at least $600 billion over the next 12 to 18 months.
Arm has successfully secured a lineup of cornerstone investors for its IPO, including some of the biggest names in the tech industry.