New Street Research’s Pierre Ferragu downgraded Nvidia’s stock to a ‘neutral’ rating from a ‘buy’ rating stating valuation concerns. The chipmaker’s shares surged 154 per cent this year over a gain of 240 per cent in the previous year 2024 IPO News Today Live Updates: Bansal Wire IPO: GMP jumps on strong subscription status. Focus
What Is Market Capitalization? Market capitalization, or “market cap,” represents the total dollar market value of a company’s outstanding shares of stock. Investors use this figure to determine a company’s size instead of sales or total asset value. In an acquisition, the market cap helps determine whether a takeover candidate represents a good value for the acquirer. KEY TAKEAWAYS
What Is the Secondary Market? The secondary market is where investors buy and sell securities. Trades take place on the secondary market between other investors and traders rather than from the companies that issue the securities. People typically associate the secondary market with the stock market. National exchanges, such as the New York Stock Exchange (NYSE) and
Blockchain network IOTA has started its layer 2 Ethereum Virtual Machine (EVM) network with a focus on real-world asset usage, the developers shared with CoinDataCap over email. Tuesday’s launch introduced functionality such as smart contracts, cross-chain capabilities, parallel processing and security against Maximal Extractable Value (MEV) into the IOTA ecosystem, boosting the fundamentals of the IOTA token. The token