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.
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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.
Unitree’s Shanghai IPO drew 9.8 million retail investors, leaving applicants with roughly a 1-in-5,500 chance of receiving shares.
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.
Shein’s expected IPO valuation has fallen below $30 billion, well below earlier targets of $30–40 billion in Hong Kong and at least $50 billion for its previously planned London listing.
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.
Unitree Robotics plans to raise about $904 million in a Shanghai IPO that would value the Chinese humanoid robot maker at approximately $7.5 billion.
Asia recorded its largest month ever for share sales, led by SK Hynix’s blockbuster U.S. listing and continued investor demand for AI-related companies.
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.
SpaceX’s post-IPO lock-up period has ended, allowing insiders to sell up to 911.5 million shares for the first time.
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.
SpaceX confirmed plans to enter the U.S. mobile telecom market, pressuring Verizon and AT&T shares as investors weighed a new competitive threat.