Nebius Revenue Surges 454% as AI Cloud Demand Continues to Accelerate
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.
Markets - Page 3
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Latest Markets News
Norway’s Sovereign Wealth Fund Posts Record $184 Billion Profit, Reveals SpaceX Stake for First Time
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...
Riot Platforms Shares Surge After $9.1 Billion AI Infrastructure Deal With Anthropic
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...
Women Outperformed Men in Investing Over the Past Three Years, Fidelity Analysis Finds
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 Meets Investors Ahead of Potential Record-Breaking IPO
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 Becomes a Net Stock Buyer Again as New CEO Begins Deploying Cash
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...
Crypto Market Maker Wintermute Enters Wall Street After Securing U.S. Broker License
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 Humanoid Robot Maker Unitree Prices IPO at $9 Billion Valuation
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...
X Product Chief Nikita Bier Departs as SpaceX Employees Gain Ability to Sell Shares
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...
SpaceX Set to Report First Earnings Since IPO as Wall Street Focuses on Starlink and AI Spending
SpaceX will release its first quarterly earnings report as a public company, with investors closely watching Starlink growth, AI spending, profitability, and future guidance.
Palantir Shares Jump 16% as Commercial AI Revenue Delivers ‘Otherworldly’ Growth
Palantir shares surged 16% after the company reported stronger-than-expected second-quarter results, driven by explosive U.S. commercial demand for AI software and rising interest in sovereign AI...
Alibaba Shares Rise 5% After Launching Its Most Advanced AI Model Yet
Alibaba shares climbed 5% after the company unveiled Qwen3.8-Max, its most advanced AI model to date, positioning it against leading models from OpenAI, Anthropic, and Google.