Archives - August 2026

Chinese memory chipmaker CXMT has surpassed Tencent in market value following its blockbuster IPO, highlighting how the AI boom is reshaping China’s equity market.

Prediction market platform Kalshi is reportedly seeking to raise at least $750 million at a $40 billion valuation after annualized revenue surpassed $4 billion.

Nebius reported another explosive quarter as revenue jumped 454% year over year, driven by record demand for AI cloud infrastructure and multibillion-dollar customer contracts.

Goldman Sachs has agreed to acquire Neos Investments in a deal worth up to $2.25 billion, expanding its presence in actively managed ETFs and adding several crypto income funds to its portfolio.

Norway’s sovereign wealth fund reported a record $184 billion first-half profit and disclosed a stake in SpaceX for the first time, highlighting its continued expansion into leading technology investments.

Riot Platforms signed a long-term AI infrastructure agreement with Anthropic worth up to $9.1 billion, sending the company’s shares sharply higher as it accelerates its shift beyond Bitcoin mining.

Women investors generated higher returns than men over the past three years, according to Fidelity, continuing a long-standing trend linked to more disciplined investment behavior.

Anthropic has begun meeting with investors ahead of a potential IPO expected as early as September, in what could become the largest public offering in history.

Berkshire Hathaway became a net buyer of stocks for the first time in more than three years as the company began deploying its massive cash reserves under new CEO Greg Abel.

Crypto market maker Wintermute has secured a U.S. broker-dealer license, paving the way to trade traditional securities and compete with established Wall Street firms.

Chinese robotics company Unitree has priced its Shanghai IPO at a $9 billion valuation, becoming the first mainland-listed humanoid robot manufacturer as China accelerates investment in AI-powered robotics.

Nikita Bier has stepped down as Head of Product at X as SpaceX employees become eligible to sell their shares on the public market for the first time.

A Saudi-led investor consortium has completed its $55 billion acquisition of Electronic Arts, taking the gaming giant private in one of the largest deals in video game industry history.

Bending Spoons has agreed to acquire Airtable for $1.285 billion in cash, buying the enterprise software company at a steep discount to its $11 billion valuation during the 2021 technology boom.

SpaceX will release its first quarterly earnings report as a public company, with investors closely watching Starlink growth, AI spending, profitability, and future guidance.