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Thursday, 29 October 2026
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Thursday, 29 October 2026
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Ghanaian press · Organization

NASDAQ

NASDAQ — US stock exchange hosting listings of major tech and finance companies including SpaceX, SK Hynix, and Anthropic.

2026-05-202026-10-29
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In coverage

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  1. October 2026

  2. Joy Online

    … Anthropic, which said it will list on the Nasdaq under the symbol ANT, will be the first fully AI-focused company to go public, making it a test case for the future of the technology. …

    Anthropic warns of ‘catastrophic risk’ to humankind ahead of blockbuster share listing

  3. Joy Online

    … The jump lifted its company valuation to over $580m but that is still far below a peak of more than $14bn it reached after it floated the business on the Nasdaq stock index in 2021. …

    Bumble bought for $1.3bn in ‘bet on the future of humanity’

  4. Joy Online

    … The jump in Bumble’s shares pushed its stock market valuation to over $580m but that is still far below a peak of more than $14bn it reached after listing on the Nasdaq in 2021. …

    Bumble shares soar after report dating firm in $1bn takeover talks
  5. September 2026

  6. Joy Online

    … As part of that programme, President Mahama will ring the NASDAQ Closing Bell and participate in a US-Ghana Presidential Roundtable organised by the US-Africa Chamber of Commerce. …

    Mahama leaves for New York to attend 81st UN General Assembly

  7. Joy Online

    … They take a lot of natural resources, and there’s a pretty broad ecosystem for those.” As the great hope of UK tech for decades, Arm’s sale to Japanese investors in 2016 and subsequent partial flotation on New York’s Nasdaq, rather than in London, have been lamented by some gover …

    AI cancer cures slowed by chip shortage, says UK’s biggest tech boss
  8. August 2026

  9. Joy Online

    … In June, SpaceX shares started trading on New York’s technology-focused Nasdaq in the world’s biggest ever stock market debut. …

    Musk’s SpaceX to build $100bn launch facility in Louisiana
  10. July 2026

  11. Joy Online

    … The benchmark S&P 500 hit its lowest level in a month, while the tech-heavy Nasdaq was down about 9% from its June record high. …

    ‘No magic wand’ to tackle high prices, Fed boss says as US interest rates held

  12. Joy Online

    … The shares surged as much as 17% on Friday in their first day of trading on the Nasdaq but have since given up some of that gain. …

    Chinese chipmaker shares surge nearly 470% in blockbuster stock market debut

  13. Joy Online

    … Nasdaq futures lost 0.7% and S&P 500 futures declined 0.4%. EUROSTOXX 50 futures were down 0.5%. …

    Stocks stumble, oil set for weekly gain on renewed Gulf hostilities

  14. Joy Online

    … The shares are set to begin trading on Friday on the Nasdaq. SK Hynix saw its market value top $1tn in its home country in May, lifted by the boom in demand for AI chips. …

    Chip giant SK Hynix raises $26.5bn in mega US share sale
Business

Anthropic warns of AI existential risks ahead of US listing

The News

AI developer Anthropic plans a US stock market listing on Nasdaq under the symbol ANT, with a valuation expected to exceed SpaceX's $1.8 trillion, while warning in regulatory filings that AI systems pose "catastrophic or existential risks to humanity." The company reported $16.3bn in first-half revenue against losses exceeding $80.7bn, and will become the first fully AI-focused company to go public.

26 October 2026 · Joy Online →

Monday 26 October

  1. Anthropic warns of AI existential risks ahead of US listing

    AI developer Anthropic plans a US stock market listing on Nasdaq under the symbol ANT, with a valuation expected to exceed SpaceX's $1.8 trillion, while warning in regulatory filings that AI systems pose "catastrophic or existential risks to humanity." The company reported $16.3bn in first-half revenue against losses exceeding $80.7bn, and will become the first fully AI-focused company to go public.

    26 October 2026 · Joy Online →

Tuesday 13 October

  1. Ithaca Holdings acquires dating app Bumble for $1.3 billion

    Investment firm Ithaca Holdings has acquired loss-making dating app Bumble for $1.3 billion, with directors Ravi Gupta and John Hegeman becoming co-chief executives. Founder Whitney Wolfe Herd will remain actively involved in the business she founded 12 years ago.

    13 October 2026 · Joy Online →

Monday 12 October

  1. Bumble shares surge 50% on $1bn takeover reports

    Bumble's shares rose almost 50% after reports that technology holding company Ithaca is in advanced talks to acquire the dating app for around $1bn. A deal could be announced as early as this week, according to the Wall Street Journal.

    12 October 2026 · Joy Online →

Saturday 19 September

  1. Mahama attends 81st UN General Assembly in New York

    President John Dramani Mahama travelled to New York to participate in the 81st United Nations General Assembly, where he will deliver Ghana's statement at the main General Debate and host two high-level side events on African renewal, global development, and cultural heritage restitution.

    19 September 2026 · Joy Online →

Tuesday 8 September

  1. AI will solve cancer that humans cannot, says Arm CEO

    Rene Haas, chief executive of Cambridge-based chip designer Arm Holdings, told the BBC that artificial intelligence will find a cure for cancer beyond human capability in the future, though modelling DNA markers impacted by cancer is currently too complex for both humans and existing computers. Haas also said that AI's rapid growth is being held back by a shortage of chips needed to build data centres.

    8 September 2026 · Joy Online →

Tuesday 25 August

  1. SpaceX to build $100bn launch facility in Louisiana

    Elon Musk's SpaceX has announced plans to build Starbase Louisiana, a $100bn launch site on a 125,000-acre site in southern Louisiana, with construction to start next year and first flights expected in 2029. The facility is projected to add more than 3,000 direct jobs and over 8,100 indirect jobs, with average wages 192% above the region's current average salary.

    25 August 2026 · Joy Online →

Thursday 30 July

  1. US Federal Reserve holds rates steady amid inflation concerns

    The US Federal Reserve kept interest rates unchanged between 3.5% and 3.75% for the fifth consecutive time, with Fed chairman Kevin Warsh acknowledging there is no "magic wand" to ease inflation. Policymakers voted 9-3 to hold rates steady as inflation concerns persist, particularly due to Middle East tensions and their potential impact on oil and consumer prices.

    30 July 2026 · Joy Online →

Monday 27 July

  1. Chinese memory chipmaker surges 470% in Shanghai stock debut

    ChangXin Memory Technologies (CXMT), China's biggest memory chip maker, saw its shares soar nearly 470% on their Shanghai Stock Exchange debut, giving the company a valuation of around 3.3 trillion yuan ($487bn) and making it the most valuable listed company in mainland China. The company manufactures Dram chips for AI data centres, mobile devices, and other electronics, and plans to use IPO proceeds for expanded production and research.

    27 July 2026 · Joy Online →

Friday 17 July

  1. Asian stocks fall as chip sector weakens, oil rallies

    Asian stocks stumbled Friday on weakness in semiconductor stocks, with investors rotating into banking after strong lender earnings. Oil prices were set for their sharpest weekly rise in three months amid renewed Middle East tensions.

    17 July 2026 · Joy Online →

Friday 10 July

  1. SK Hynix raises $26.5bn in largest foreign US listing

    South Korean chip maker SK Hynix raised $26.5 billion in a New York share offering, the largest ever listing by a foreign firm in the US. The company, which supplies memory chips to AI chip makers including Nvidia, sold 177.9 million American depositary shares at $149 each, with trading beginning on Nasdaq Friday.

    10 July 2026 · Joy Online →

Thursday 2 July

  1. Kenya's Family Bank IPO marks largest NSE debut in 17 years

    Family Bank plc listed on the Nairobi Stock Exchange on June 23, 2026, with shares jumping 44.44% on the first trading day from an introductory price of KSh 18.00 to KSh 26.00, the largest primary listing from a homegrown financial institution in over 17 years. The listing occurs amid a broader IPO surge across Africa, with Ethiopia's Abay Bank also listing on the Ethiopian Securities Exchange in late June.

    2 July 2026 · Joy Online →

Wednesday 24 June

  1. Elon Musk falls below trillion-dollar wealth mark

    Tech entrepreneur Elon Musk lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX's public debut; his fortune fell to $957 billion from $1.11 trillion as SpaceX and Tesla shares retreated amid a broader technology stock downturn driven by concerns over artificial intelligence profitability.

    24 June 2026 · Joy Online →

Tuesday 23 June

  1. Tech stocks fall sharply on AI spending sustainability doubts

    Technology stocks tumbled on Tuesday as markets questioned whether corporate AI adoption can justify current valuations, with the Nasdaq falling about 3% and semiconductor firms like Nvidia and Intel hit hardest after a sustained three-month rally.

    23 June 2026 · Joy Online →

Tuesday 16 June

  1. SpaceX becomes world's fifth-most-valuable company after Nasdaq debut

    Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable firm, worth about $2.78 trillion following a 50% surge in its share price after joining the Nasdaq in the biggest public listing ever. The company's stock value now exceeds Amazon's $2.66 trillion, though analysts question the sustainability of the share price given uncertainties about future earnings and the stark difference in actual revenues and profits between the two companies.

    16 June 2026 · Joy Online →

  2. SpaceX acquires AI coding start-up Cursor for $60 billion

    SpaceX has agreed to buy AI coding start-up Cursor (Anysphere) for $60 billion days after its own record IPO on Nasdaq, which valued the rocket company at over $2 trillion. The acquisition follows a partnership agreement from April that gave SpaceX the option to either buy Cursor for $60 billion or pay $10 billion for work completed together.

    16 June 2026 · Joy Online →

Monday 15 June

  1. SpaceX IPO raises $85.7bn via greenshoe option

    SpaceX raised $85.7bn in total when it listed on Nasdaq, exceeding initial IPO proceeds of $75bn after underwriters exercised a greenshoe clause to sell an additional $10bn of shares in response to strong investor demand.

    15 June 2026 · Joy Online →

Friday 12 June

  1. SpaceX launches IPO, becomes available to public investors

    SpaceX, owned by Elon Musk and private investors, has launched an initial public offering with shares trading on the stock market as of Friday, raising at least $75bn at $135 per share. The company, which operates in space exploration, satellite communication, and AI ventures, plans to use the capital to expand current activities and fund new ventures including asteroid mining, Mars colonisation, and space-based AI data centres.

    12 June 2026 · Joy Online →

  2. SpaceX raises $75bn ahead of Friday stock market debut

    SpaceX has raised $75bn from financial firms ahead of its initial public offering on Friday, with shares priced at $135 each and an expected initial stock market value of nearly $1.8tn. If shares trade at or above that price, SpaceX will immediately become one of the most valuable public companies in the world.

    12 June 2026 · Joy Online →

Wednesday 10 June

  1. Global stock markets fall on tech fears and Middle East tensions

    Asian stock markets suffered steep losses on Monday as investors grew concerned about overvalued artificial intelligence investments and a rise in oil prices following renewed Iran-Israel strikes. US markets recovered some losses with the Nasdaq closing up 0.9% and the S&P 500 up 0.3%, though South Korea's Kospi index fell 8.3% and Japan's Nikkei dropped 3.9%.

    10 June 2026 · Joy Online →

Monday 8 June

  1. OpenAI files for public listing, escalating AI firm competition

    OpenAI has filed confidentially with the US Securities and Exchange Commission to pursue a future initial public offering, following rival AI company Anthropic's announcement of a similar plan one week prior. Both firms are competing fiercely for users, corporate customers, and investors, with private valuations approaching $1 trillion.

    8 June 2026 · Joy Online →

  2. US tech stocks fall sharply on inflation, rate concerns

    US stock markets declined sharply on Friday, with the tech-heavy Nasdaq dropping over 4%, the S&P 500 falling 2.6%, and the Dow Jones dropping 1.35%, as a strong jobs report raised fears that the Federal Reserve will keep interest rates higher for longer amid persistent inflation.

    8 June 2026 · Joy Online →

Sunday 7 June

  1. US tech stocks fall sharply on stronger jobs data

    US stock markets tumbled on Friday as a strong April jobs report sparked fears the Federal Reserve will hold interest rates high longer, with the Nasdaq falling over 4%, S&P 500 down 2.6%, and Dow Jones down 1.35%. Bitcoin and other riskier assets also sold off sharply as investors repositioned away from tech stocks.

    7 June 2026 · Joy Online →

Thursday 4 June

  1. Treasury bills protect wealth but growth requires broader strategies

    Ghanaian investors have historically favoured safety-focused investments like treasury bills and fixed deposits, but rising inflation and living costs now require more intentional growth strategies beyond capital preservation alone.

    4 June 2026 · Business & Financial Times →

  2. SpaceX targets $1.75tn valuation with record IPO

    Elon Musk's SpaceX has announced a suggested share price of $135 in advance of its planned initial public offering, valuing the company at approximately $1.75tn and aiming to raise $75bn—which would be a record for an IPO if achieved.

    4 June 2026 · Joy Online →

Wednesday 3 June

  1. SpaceX values itself at $1.75tn ahead of stock debut

    Elon Musk's SpaceX said its shares should go for $135 each in an SEC filing, setting its valuation at roughly $1.75tn as it approaches an initial public offering set for next week. The move is unusual, as companies typically only share an estimated share price the day before trading begins.

    3 June 2026 · Joy Online →

Friday 22 May

  1. SpaceX postpones Starship launch, reschedules for Friday

    SpaceX postponed its Starship rocket launch due to a malfunctioning hydraulic pin on the launch tower and plans another attempt on Friday. The delay comes as SpaceX prepares for a record-breaking stock market debut on Nasdaq, the largest IPO in Wall Street history, which could make Elon Musk the first-ever trillionaire.

    22 May 2026 · Joy Online →

Wednesday 20 May

  1. African leaders must create investor-friendly ecosystem for digital growth

    The Executive Chairman of KGL Group has urged African leaders to build an investor-friendly ecosystem that attracts business champions to invest in digital innovation and infrastructure, arguing that alignment between government policy, private sector leadership, and financial institutions is necessary to deliver economic resilience and redirect investment into African digital infrastructure.

    20 May 2026 · Joy Online →

NASDAQ — Ghanaian press coverage · Ghana Minute