29 articles
Nvidia-backed Iambic Therapeutics launches an IPO targeting $159.4 million funding, valuing the AI-driven drugmaker at up to $805.8 million amid cautious market conditions.
SB Energy intends to launch its IPO roadshow following SEC approval, facing investor questions over its $50 billion valuation and massive AI data center projects funded by Nvidia and OpenAI.
Iambic Therapeutics, backed by Nvidia and Qatar Investment Authority, filed for a US IPO amidst a resilient biotech market. The company leverages an AI platform to develop small molecule therapies for
AI-driven data centre expansion is surging demand for power transformers and liquid cooling systems, straining global energy grids and boosting orders for equipment makers like HD Hyundai Electric and
Britain's FTSE 100 fell 0.5% as tech gains failed to offset weakness in sectors including chemicals and beverages, while oil prices dropped over $1 on geopolitical easing.
US inflation data exceeded expectations, raising rate hike concerns and cooling market sentiment. Copper reached record highs while oil and gold fell, amid mixed results from Nvidia and pharmaceutical
London's FTSE 100 remained flat as falling oil prices pressured energy stocks, while mining sectors gained on geopolitical easing hopes. Investors await US inflation data and Nvidia earnings for broad
Brent crude futures fell over 2% amid hopes for resumed Gulf navigation talks, calming global bond markets despite high refined fuel costs. Investors also await Nvidia earnings and US inflation data a
Oil prices fell amid Strait of Hormuz supply hopes, while global markets await Nvidia earnings and U.S. inflation data.
Asian stocks rose as falling oil prices eased inflation concerns, while traders awaited Nvidia’s earnings. Canada doubled counter-tariffs on US steel, aluminum, and milk amid escalating trade disputes
US stocks drifted ahead of a critical week featuring Nvidia earnings and Fed policy signals, while oil prices dipped to $90.95 per barrel amid geopolitical tensions.
Global markets reacted to US-Canada trade tensions and Iran sanctions, while oil prices softened due to reduced Chinese refining demand. Tech stocks dipped ahead of Nvidia earnings amidst broader macr
Asian markets declined amid tech sector uncertainty and geopolitical tensions, while oil prices slipped following reduced fears of U.S. sanctions on Iran. Investors await Nvidia's earnings and Federal
Global markets reacted nervously to a 1.5% drop in oil prices driven by US sanctions on Iran and threats to Gulf energy infrastructure. Investors also weigh Treasury bond policies and Nvidia earnings
U.S. Treasury yields near 20-year highs amid inflation worries and tightening energy markets, with Brent crude rising to nearly $90 per barrel due to Strait of Hormuz tensions. Meanwhile, tech giants
CuspAI raised $450 million led by Jeff Bezos to accelerate AI-driven material discovery for chipmaking and environmental applications. Partnering with Nvidia and Meta, the startup aims to develop new
Valar Atomics successfully powered an Nvidia AI chip using its Ward 250 advanced reactor, marking the first such demonstration in the US. The firms plan to collaborate on nuclear-powered AI systems, t
Valar Atomics partnered with Nvidia to power a Utah data center using a helium-cooled nuclear microreactor, aiming to eliminate water consumption for AI infrastructure. The project supports Department
Nvidia secured partnerships with SK Hynix, SK Telecom, and Doosan in South Korea to secure memory chips and build AI infrastructure, with Doosan supplying materials for Blackwell chips.
Commonwealth Fusion Systems announced peer-reviewed papers validate its fusion science, supporting plans for a 400-megawatt plant in Virginia by 2027. The firm secured $3 billion from investors like B
Crude oil prices surged nearly 2% following renewed missile attacks in the Gulf, while artificial intelligence stocks rallied with Nvidia and Marvell hitting record highs.
Oil prices surged 6.7% to $97.22 per barrel amid U.S.-Iran tensions, yet major U.S. stock indices remained near record highs driven by tech giants like Nvidia despite inflation concerns.
Fluence Energy shares rose over 40% following a collaboration with Nvidia and Siemens to design AI data centers utilizing its battery storage systems.
Geopolitical tensions drove Brent crude prices above $94, while Nvidia unveiled new AI chips boosting semiconductor demand. Additionally, Revolution Medicines saw shares surge after successful pancrea
Geopolitical tensions in the Gulf threaten oil supplies, keeping Brent near $93 despite inventory warnings, while Asian markets surge driven by an AI chip boom led by Samsung and Nvidia.
U.S. stock futures rose as chip stocks gained ahead of Nvidia's earnings, while Brent crude prices dipped amid Middle East peace talk hopes, influencing inflation expectations.
Wall Street fell as inflation worries drove bond yields to 2007 highs, coinciding with UK pressure on supermarkets to cap food prices and declines in oil and metal commodities. Investors await Nvidia
President Trump traveled to China with Nvidia CEO Jensen Huang to negotiate trade deals on farm goods, energy, and rare earths. Discussions aim to maintain a trade truce while addressing semiconductor
Nvidia invested billions to fund new Corning glass factories for fiber-optic cables, increasing U.S. production capacity tenfold alongside a $3.2 billion equity stake.
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