The Nasdaq Composite index fell 2.2% on Friday, confirming a correction as it dropped 10.2% from its record high set on July 10. This decline reflects growing concerns over inflated valuations in the Big Tech sector and a weakening economy.
The Nasdaq’s latest drop was triggered by disappointing earnings forecasts from major tech companies such as Amazon and Intel, coupled with…
Online travel service and lodging booking stage MakeMyTrip is hoping to bring $200 million up paying off debtors through convertible senior notes with a zero-coupon rate. The obligation would be convertible and the deal to beginning buyers is required to choose February 9, an organization proclamation said.
The notes offering was upsized by $25 million from the recently reported contribution of…
