New York Stock Exchange

Watch Live: Donald Trump Hosts Town Hall With Business Leaders

Trump is hosting a town hall meeting at the White House to discuss the "American Business Climate", where dozens of high-profile CEOs will discuss business-related topics. The nearly 2 hour meeting is an "opportunity to discuss policies to create a pro-business climate with top Partnership CEOs from all industries."

Margin Debt Hits New Record High But Analysts Say "Don’t Worry"

"This isn’t a signal to me that markets are reaching an exuberant level like they did in the 1920s or 1990s, when speculation was rampant.  What our clients are doing is borrowing against the portfolios because interest rates are so low. They’re not leveraging up because they see the market exploding to the upside; they’re using leverage because they can pay it off at any time.”

Mobileye Shares Soar On Intel Acquisition, Citron Shorts Crushed

Intel has agreed to buy Israeli technology firm Mobileye for $14-$15 billion according to a report in Israeli financial newspaper TheMarker, sending MBLY shares soaring over 30% higher premarket. An official announcement of the acquisition, the largest ever for an Israeli high-tech company, is expected later on Monday, TheMarker reported on its website.

SEC Said To Decide On Bitcoin ETF By Friday

The SEC has a March 11th internal deadline, Coindesk reported, to decide on the proposed rule change that would clear the way for the ETF, which would be the first of its kind. However, as the 11th falls on a Saturday, that decision will come before that date, "potentially before Friday",

Snap IPO To Price At $17, Above Range, Valuing Company At $24 Billion

Snap is set to price its initial public offering at $17 a share. That would value the parent of the popular disappearing-message app Snapchat at nearly $24 billion, above the $19.5-$22.3 billion valuation targeted initially by the company, suggesting strong investor demand. At that valuation, Snap would be the biggest U.S.-listed IPO since Alibaba Group Holding Ltd. debuted in 2014.

A Quarter Of Snap IPO Buyers Agree Not To Sell For One Year

Snap said it expected approximately 50 million shares of its Class A common stock purchased by investors in the offering to be subject to a separate one-year lock-up agreement, meaning they would be unable to sell for one year after the IPO breaks for trading on Thursday after it prices late in the day on Wednsday.