Chime Financial is expected to debut on the Nasdaq today. The fintech company's initial public offering (IPO) is one of the most anticipated of 2025, and investors and market watchers will be eagerly waiting to see how the newly public stock performs on its first day of trading.
Chime's decision to go public comes after a steep valuation cut and years of private market delays across the fintech sector. The company provides online banking services.
Nasdaq is set to grow on its increasing on-trading revenue base, impressive organic growth and investments in proprietary data, supported by a solid capital position.
The Invesco QQQ Income Advantage ETF offers an 8.63% yield from option strategies in the Nasdaq 100. QQA has 3/4 of assets in Nasdaq 100 stocks and delegates option income generation to equity-linked notes. QQA's short track record shows a total return nearly matching QQQ, but the price return is flat.
Ding, ding, ding! Chime Financial is finally ready to go public.
US stocks are expected to start the month of June on the back foot as markets chew over whether the TACO trade (Trump Always Chickens Out) will prove the correct bet. Dow Jones futures were down 0.2%, those for the S&P 500 were 0.35% lower and Nasdaq 100 futures were 0.5% in the red.
Nvidia's strong earnings and a court ruling against Trump's tariffs lift tech stocks and US indices. Traders eye inflation data and Fed signals next.
Wall Street stocks are expected to start higher on Thursday, boosted by strong results from Nvidia overnight but with the market weighing the likely fall-out from a US court declaring that President Trump's tariffs illegal. Dow Jones futures were pointing to a 0.3% gain with under an hour and a half before the opening bell, having been up 1.4% a couple of hours earlier.
Nvidia beats Q1 forecasts with strong AI chip sales, but export curbs to China hit guidance. Salesforce lifts 2026 outlook on rising AI cloud demand.
CYBR, LRCX, and MNDY defy 2025 tech slump with double-digit gains and Zacks buy ranks, signaling more room to run on the Nasdaq.
New York stock futures turned from red to green as US investors awoke on Wednesday and assessed the market ahead of keenly awaited earnings from Nvidia this evening. In sync with subdued blue-chip shares in Europe, S&P 500 and Dow Jones futures were indicating around a 0.3% decline but quickly flipped into positive territory with around two hours before the opening bell.
23andMe to delist from Nasdaq, deregister with SEC