Latest news with #CBOE
Yahoo
20 hours ago
- Business
- Yahoo
Is Cboe Global Stock Outperforming the Nasdaq?
Cboe Global Markets, Inc. (CBOE) is a leading global exchange operator and financial technology firm, headquartered in Chicago and employing around 1,650 people. With a market cap of $23.6 billion, it spans trading venues across North America, Europe, and Asia-Pacific. Companies with a market value of $10 billion or more are classified as 'large-cap stocks,' Cboe Global holds its place in this category. It leads the U.S. options market and is the originator of the VIX volatility index, giving it a unique edge in volatility-driven trading. Its consistent innovation, regulatory expertise, and scale position it as a key player in capital markets infrastructure, capable of capitalizing on both market volatility and long-term trading trends. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Cboe Global shares are currently trading 3.6% below its 52-week high of $236.02, which they touched recently on May 8. The stock has climbed 3.6% over the past three months, underperforming the broader Nasdaq Composite's ($NASX) 11.7% rise over the same time frame. However, on a year-to-date basis, CBOE has delivered a standout performance, surging 16.5% and handily outperforming the Nasdaq's modest 1.2% return. The outperformance extends over the longer horizon as well, with CBOE boasting a 34.4% gain over the past 52 weeks, far exceeding the Nasdaq's 9.4% rise during the same period. Since July last year, CBOE has remained above its 200-day moving average and has mostly traded over its 50-day moving average since early April. On May 2, shares of Cboe Global Markets rose over 2% following the release of its Q1 results, which exceeded expectations on both earnings and revenue. The company reported adjusted EPS of $2.50, surpassing consensus estimates by 5.9%, while adjusted revenue came in at $565.2 million, topping forecasts by 1.5%. It upgraded full-year guidance, with revenue growth now projected in the mid-to-high single-digit range, thanks to continued investment in tech platforms, global expansion, and Data Vantage. CBOE's rival, CME Group Inc. (CME), has outperformed the stock and gained 38.5% over the past 52 weeks and 17.2% in 2025. Analysts maintain a cautious outlook on its prospects. CBOE has a consensus rating of 'Hold' from the 17 analysts covering the stock and is currently trading above its mean price target of $225. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
VERSES® Announces Consolidation of Class A Subordinate Voting Shares
VANCOUVER, British Columbia, June 20, 2025 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSD) ('VERSES'' or the 'Company'), a cognitive computing company specializing in next-generation agentic software systems, announces the Company is consolidating all of its issued and outstanding Class A Subordinate Voting Shares (the 'Subordinate Voting Shares') on the basis of one (1) post-consolidated Subordinate Voting Share for every three (3) pre-consolidated Subordinate Voting Shares held (the 'Consolidation'). The Company's stock symbol will change to VRSSD following the Consolidation. The Company's board of directors approved the Consolidation on June 10, 2025. Trading of the Subordinate Voting Shares on a post-Consolidation basis on Cboe Canada Inc. ('Cboe') is expected to commence on or about June 23, 2025. The new CUSIP number for the Subordinate Voting Shares will be 92539Q604 and the new ISIN number will be CA92539Q6040. As of the date hereof, the Company currently has 26,239,469 Subordinate Voting Shares issued and outstanding. The Consolidation will reduce the number of outstanding Subordinate Voting Shares to approximately 8,746,490 Subordinate Voting Shares issued and outstanding. Holders of physical share certificates of the Company are required to complete and return a letter of transmittal to the Company's transfer agent, Endeavor Trust Corporation, in order to receive their post-Consolidation Subordinate Voting Shares. Please visit for guidance on the process for returning your pre-consolidation share certificates and receiving your post-Consolidation Subordinate Voting Shares. Shareholders whose shares are represented by a direct registration system statement will automatically receive their post-Consolidation Subordinate Voting Shares without any further action. Shareholders who hold their shares through an intermediary are encouraged to contact their intermediaries if they have any questions. No fractional Subordinate Voting Shares will be issued under the Consolidation as fractional Subordinate Voting Shares will be rounded either up or down to the nearest whole number of Subordinate Voting Shares. The exercise price and number of Subordinate Voting Shares issuable pursuant to the exercise of any outstanding convertible securities, including incentive stock options and warrants, will also be adjusted in accordance with the Consolidation ratio. About VERSES VERSES® is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at , LinkedIn and X . On behalf of the Company Gabriel René, Founder & CEO, VERSES AI Inc. Press Inquiries: press@ Investor Relations Inquiries James Christodoulou, Chief Financial Officer IR@ , +1(212)970-8889 Cautionary Note Regarding Forward-Looking Statements This news release contains statements which constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words 'may', 'would', 'could', 'should', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information relating to the expectation that the Company will complete the Consolidation; the effective date of the Consolidation; the number of Subordinate Voting Shares outstanding following the Consolidation; the treatment of fractional shares in the Consolidation; and other statements that are not historical facts. The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will complete the Consolidation; that the Company will receive the necessary approvals to complete the Consolidation; that the number of Subordinate Voting Shares outstanding following the Consolidation will be consistent with the number set out herein; and that the treatment of fractional shares will align with management's current expectations. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the Company's ability to complete the Consolidation on the effective date, or at all; the number of post-Consolidation Subordinate Voting Shares may be different from the number set out herein and other risks detailed from time to time in the filings made by the Company in accordance with securities regulations. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
India Today
4 days ago
- Business
- India Today
Sensex opens flat, Nifty below 25,000; Titan down 1%
Benchmark stock market indices opened marginally higher but quickly shed gains to trade in red amid rising geopolitical tensions. Pharma, healthcare and consumer durable stocks declined in early trade, dragging S&P BSE Sensex was down by 194.71 points to 81,601.44, while the NSE Nifty lost 69 points to 24,877.50 as of 9:28 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that despite the escalation of the Iran-Israel conflict globally stock markets are steady and "The decline in the US volatility index CBOE suggests that markets are unlikely to correct sharply unless the conflict takes a dramatic turn for the worse. The main contributor to the market resilience is retail investors using every dip in the market as a buying opportunity," he top gainers on the Sensex were led by NTPC, which rose 0.63%, followed by Kotak Mahindra Bank with a gain of 0.61%. Axis Bank climbed 0.54%, while Asian Paints rose 0.43% and Adani Ports added 0.31% to open the losing side, IndusInd Bank was the worst performer, declining 1.22%, followed by Sun Pharma which fell 1.10%. Bajaj Finance dropped 1.03%, Titan Company lost 0.99%, and Bajaj Finserv declined 0.95% during the early trading session."Valuations do not appear to deter retail investors. During the last 4 trading days after the conflict started, FIIs sold stocks for Rs 8,080 crores. This FII selling has been completely eclipsed by DII buying of Rs 19,800 crores. Sustained retail funds flows, mainly through SIPs, are empowering the DIIs to buy consistently," said Vijayakumar. advertisement"Nifty has support at 24500 level and is likely to face resistance at 25000 level. Even while exercising some caution, it makes sense to remain invested in this market and to buy the dips," he added.
India Today
4 days ago
- Business
- India Today
Explained: Why Dalal Street hasn't panicked amid ongoing Iran–Israel conflict
The Iran–Israel conflict rattled global markets last week, briefly dragging down Indian equities. But the panic was short-lived. On Monday, the Nifty and Sensex rebounded sharply, reflecting the Street's growing comfort with geopolitical uncertainty, and its continued focus on domestic markets did slip in the immediate aftermath of the conflict, investors quickly shifted back to buying, taking cues from stabilising oil prices and strong domestic the escalation of the Iran–Israel conflict, globally stock markets are steady and resilient," said Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services. "The decline in the US volatility index CBOE suggests that markets are unlikely to correct sharply unless the conflict takes a dramatic turn for the worse." The early days of the flare-up did trigger a risk-off mood as oil prices spiked and equities slid. But with no disruption to energy supplies or trade flows through critical chokepoints like the Strait of Hormuz, those fears quickly eased.'Global markets often behave contrary to mainstream expectations, and the recent escalation between Israel and Iran is a textbook example,' said Harshal Dasani, Business Head at INVasset PMS. 'While the initial reaction was a spike in oil prices and a flight to safety, the absence of direct supply disruptions... quickly settled nerves.'advertisement'As clarity emerged and worst-case scenarios were ruled out, markets bounced back,' he added. 'Investors are again viewing dips as opportunities, with capital rotating into domestic themes that are largely insulated from global geopolitical shocks.'RETAIL INVESTORS BUY THE DIPBack home, domestic liquidity once again cushioned the fall. Over four sessions of FII selling worth Rs 8,080 crore, DIIs stepped in with a far stronger Rs 19,800 crore in net buying, fuelled by steady retail flows.'The main contributor to the market resilience is the retail investors using every dip in the market as a buying opportunity,' said Vijayakumar. 'Valuations do not appear to deter retail investors. Sustained retail funds flows, mainly through SIPs, are empowering the DIIs to buy consistently.'Even as war headlines dominated, Indian markets stayed grounded in local drivers. 'We're seeing renewed strength in internal consumption-driven sectors—especially energy, power, defence, and capital expenditure-linked plays,' Dasani said. These themes, he added, 'benefit from long-term policy support, strong demand visibility, and minimal dependence on external macro conditions.'Vinod Nair, Head of Research at Geojit, said large-cap stocks led Monday's recovery. 'Despite ongoing geopolitical tensions between Israel and Iran, the market moved higher, supported by gains in large-cap stocks, as investors maintained their focus on long-term fundamentals,' he said. However, he flagged that small-cap stocks may underperform in the near term due to high valuations and lack of short-term and gas stocks were among the biggest gainers, thanks to crude stabilisation. IT stocks also rallied, ahead of the US Fed's rate guidance this REMAINSWhile markets may have shrugged off the worst-case scenarios, the risk hasn't entirely vanished. As Dasani pointed out, 'Every fresh negative headline may cause temporary jitters, but the broader trend remains bullish. As long as geopolitical risks remain contained and don't evolve into systemic shocks, markets will continue to absorb such events.'Vijayakumar also offered a word of caution: 'Even while exercising some caution, it makes sense to remain invested in this market and to buy the dips.' With the Nifty finding support around 24,500 and facing resistance near 25,000, traders and investors alike are watching the next global trigger but staying the course.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
Yahoo
5 days ago
- Business
- Yahoo
Stock Market News for Jun 10, 2025
U.S. stock markets were muted and closed mixed on Monday. Market participants' sentiments were subdued following the reinitiation of trade talks between the United States and China. The Nasdaq Composite ended in positive territory. The S&P 500 finished marginally higher while the Dow closed marginally lower. The Dow Jones Industrial Average (DJI) fell 1.11 points to close at 42,761.76. Notably, 13 components of the 30-stock index ended in positive territory and 17 finished in negative zone. The tech-heavy Nasdaq Composite finished at 19,591.24, rising 0.3% due to strong performance of semiconductor bigwigs. However, the major gainer of the tech-laden index was Regeneron Pharmaceuticals Inc. REGN. The stock price of the biotech firm climbed 4.9%. Regeneron Pharmaceuticals currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The S&P 500 rose 0.1% to finish at 6,005.88. Wall Street's most observed benchmark is currently around 2% away from its all-time high. Seven out of 11 broad sectors of the broad-market index ended in negative territory while four in positive zone. The Consumer Discretionary Select Sector SPDR (XLY), the Materials Select Sector SPDR (XLB) and the Technology Select Sector SPDR (XLK) rose 0.8%, 0.7% and 0.5%, respectively. On the other hand, the Financials Select Sector SPDR (XLF) dropped 0.6%. The fear-gauge CBOE Volatility Index (VIX) was up 2.3% to 17.16. A total of 17.1 billion shares were traded on Monday, lower than the last 20-session average of 17.8 billion. The S&P 500 recorded 16 new 52-week highs and 4 new 52-week lows. The Nasdaq registered 97 new 52-week highs and 46 new 52-week lows. The trade and tariff related negotiations between the United States and China reinitiated in London. U.S. Treasury Secretary Scott Bessent and two other top level Trump administration officials are negotiating with their Chinese counterparts in order to negotiate tariffs and trade related disputes between the two largest trading partners of the world. Aside from Bessent, other two U.S. delegators will be Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. Chinese Vice Premier He Lifeng will hold the first round of trade and economic talks with the U.S. Talks will continue on Tuesday. National Economic Council Director Kevin Hassett told CNBC on Monday that the U.S. was seeking confirmation that China would restore critical mineral exports. Beijing protested against the U.S. Commerce Department's warnings to U.S. chipset manufacturers against using Chinese semiconductors. On May 12, the United States and China have decided to for a 90-day pause of tariff implementations. The two countries agreed in a discussion in Switzerland to reach a temporary agreement that 'reciprocal' tariffs between both countries will be cut from 125% to 10%. United States' 20% tariffs on Chinese imports relating to fentanyl will remain intact, meaning total tariffs on China will be 30%. The Department of Commerce reported that Wholesale Inventories increased 0.2% in April, higher-than the Zacks consensus Estimate of a break-even. The data for March was revised downward to 0.3% from 0.4% reported earlier. Year over year, wholesale inventories advanced 2.3% in April. Wholesale stocks of prescription medication surged 1.3% in April. U.S. wholesale inventories increased in April following stockpiling of prescription medication in anticipation of the imposition of tariffs by the Trump administration. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Regeneron Pharmaceuticals, Inc. (REGN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
