Jensen Huang Calls Marvell the Next Trillion-Dollar Company
Marvell shares surged after Nvidia CEO Jensen Huang described the company as the next potential trillion-dollar business, highlighting its growing role in AI infrastructure and networking.
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SpaceX Targets $1.75 Trillion Valuation Ahead of Historic Nasdaq IPO
SpaceX is reportedly targeting a $1.75 trillion valuation for its upcoming IPO, with the company expected to begin its investor roadshow on June 4 ahead of a planned Nasdaq debut on June 12.
Victoria’s Secret Shares Surge 40% After Earnings Beat Expectations
Victoria’s Secret shares soared nearly 40% after the company reported quarterly results that exceeded Wall Street expectations, triggering one of the stock’s strongest rallies in years.
Nvidia’s Credit Risk Falls Below U.S. Government as Balance Sheet Strength Impresses Markets
Investors now view Nvidia as a safer borrower than the U.S. government, with the company’s five-year credit default swap trading below U.S. sovereign CDS levels.
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U.S. Eliminates Pattern Day Trader Rule for Retail Stock Traders
U.S. regulators are eliminating the long-standing Pattern Day Trader rule, removing the $25,000 minimum account requirement for frequent stock traders and reshaping retail market access.
Alphabet Announces $80 Billion Fundraising Plan to Expand AI Infrastructure
By
Emma Clarke
Alphabet unveiled an $80 billion fundraising plan, including public offerings and a Berkshire Hathaway investment, to finance the rapid expansion of its AI computing infrastructure.
Shanghai Exchange Approves Unitree Robotics IPO as China’s Humanoid Robot Boom Accelerates
By
Emma Clarke
The Shanghai Stock Exchange approved Unitree Robotics’ IPO application, clearing a major hurdle for one of China’s most prominent humanoid robot companies as investor interest in robotics continues surging.
Nvidia Expands Into PC Processors With RTX Spark, Challenging Intel and AMD
By
Emma Clarke
Nvidia shares gained after the company unveiled its new RTX Spark processor for Windows laptops, marking a major push into the PC market traditionally dominated by Intel and AMD.
Nasdaq 100 Closes Above 30,000 for First Time as AI Rally Draws Dot-Com Comparisons
The Nasdaq 100 closed above 30,000 for the first time in history after surging 31% in just 56 days, fueling comparisons between today’s AI boom and the late-1990s dot-com rally.
Former Ferrari Chairman Slams New Ferrari Luce as Backlash Against EV Design Grows
By
Emma Clarke
Former Ferrari chairman Luca di Montezemolo criticized the new Ferrari Luce, saying the electric supercar risks 'destroying the legend' of the iconic brand amid widespread backlash over its design.
Entrepreneur Made Hundreds of Thousands Selling Retro Phones and CD Players to Gen Z
A 28-year-old entrepreneur built a fast-growing business selling refurbished retro gadgets like old Motorola phones, CD players, and digital cameras to Gen Z consumers seeking a break from smartphones.
ClickHouse Reaches $250 Million ARR as Database Company Eyes IPO
By
Emma Clarke
ClickHouse tripled its annual recurring revenue to $250 million over the past year as the database company prepares for a potential IPO in the coming years.
South Korea Becomes Second Country After U.S. With Multiple $1 Trillion Companies
South Korea became the second country after the United States to have more than one public company valued above $1 trillion, led by Samsung and SK Hynix.