"The Nasdaq exchange is gearing up for a major leap into 24/5 stock trading, as it plans to submit paperwork to the SEC for extending market hours. The goal is to make trading more accessible by expanding the window for stocks and ETFs from the current 16 hours to around 23 hours a day, five days a week, marking its first official push toward nearly round-the-clock trading."
"Separately, Silicon Valley software company Databricks reportedly seeks to raise over $4 billion at a valuation of a whopping $134 billion attached. Tesla ( Nasdaq: TSLA) continues to capture the spotlight. Despite a 1.8% drop today, the stock has been barreling toward a fresh all-time high of late. Morgan Stanley predicts the EV maker will have around 1,000 fully self-driving robo-taxis on the road next year. By year-end 2035, the firm projects Tesla to operate 1 million robo-taxis across cities."
Markets opened mixed with the Nasdaq modestly down while the Dow attempts gains as investors react to labor-market strains and increased holiday-season volatility. Nasdaq plans to file with the SEC to expand trading hours for stocks and ETFs from roughly 16 hours to about 23 hours a day, five days a week. Tesla fell 1.8% but remains near all-time highs, with Morgan Stanley forecasting about 1,000 robo-taxis next year and 1 million by 2035. Databricks reportedly seeks to raise over $4 billion at a reported $134 billion valuation. Waste Management raised its 2026 dividend and announced a $3 billion buyback.
Read at 24/7 Wall St.
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