Category: Latest News
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Oura Postpones Nasdaq IPO Citing Market Uncertainty
Oura, the maker of the Oura Ring smart ring, has postponed its planned initial public offering on the Nasdaq, citing uncertainty in the IPO market. The company said it made the decision despite what it described as strong demand for the offering. Oura did not provide a revised timetable for the proposed listing. Oura previously…
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Jefferies Financial Shares Fall as Fixed Income and Asset Management Revenue Declines
Jefferies Financial Group (NYSE:JEF) shares fell more than 1% after the company reported third-quarter adjusted earnings and revenue above analyst expectations, while Fixed Income and Asset Management revenue declined from the prior-year period. Adjusted earnings per share were $1.08, compared with the analyst consensus estimate of $1.00. Quarterly revenue increased 9% year over year to…
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Falco up year over year as Horne 5 gains momentum
For mining investors, the most compelling opportunities often emerge where strong economics, strategic commodities, and responsible development intersect. Falco Resources Ltd. (USOTC:FPRGF) (TSXV:FPC) is rapidly positioning itself within that category through its flagship Horne 5 Project in Rouyn-Noranda, Québec, a project that combines significant gold production potential with an increasingly advanced path toward development approval.…
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Anthropic Reportedly Targets Valuation Above $2 Trillion in IPO Prospectus
Anthropic (NASDAQ:ANTP) is preparing for an initial public offering that could value the artificial intelligence company at more than $2 trillion, Reuters reported, citing the company’s IPO prospectus. The prospective valuation would be more than double Anthropic’s estimated $965 billion valuation in May, according to the report. The IPO is expected to take place after…
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Google Appeals EU Orders on Search Data and AI Service Access
Alphabet’s Google (NASDAQ:GOOG) has appealed two European Union orders that would require the company to provide competing search engines with access to certain search data and help rival artificial intelligence developers use services available to its Gemini AI model. Google argues that the measures could weaken privacy and security protections, while the European Commission has…
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Nvidia Holds Talks With Insurers Over AI Infrastructure Financing Risk, FT Reports
Nvidia (NASDAQ:NVDA) has held discussions with insurance companies about potential structures to transfer part of the financing risk associated with its chips as the company seeks to expand demand for artificial intelligence infrastructure beyond major technology groups, the Financial Times reported. The discussions include potentially insuring loans made to smaller “neocloud” companies, according to the…
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European Safety Group Urges EU to Reject Tesla FSD Speed Offset Function
The European Transport Safety Council has urged European Union member states to reject approval of a speed offset function included in Tesla’s (NASDAQ:TSLA) Full Self-Driving system, citing concerns that it could allow vehicles to travel above detected speed limits. The ETSC said Tesla’s driver-assistance system includes a function that can increase the maximum permitted speed…
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Vail Resorts Shares Edge Lower as Season Pass Sales Decline Despite Q4 Revenue Beat
Vail Resorts (NYSE:MTN) shares edged lower in pre-market trading on Tuesday after the ski resort operator reported fourth-quarter results above analyst expectations but disclosed lower season pass sales for the upcoming 2026/2027 ski season. The company reported a fourth-quarter loss of $5.34 per share, compared with an analyst estimate for a loss of $5.35 per…
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Summit Therapeutics Shares Rise 22% After $2 Billion AstraZeneca Investment
Summit Therapeutics (NASDAQ:SMMT) shares rose 22% in pre-market trading on Tuesday after AstraZeneca (NASDAQ:AZN) agreed to make a $2 billion strategic equity investment in the biotechnology company. The investment will be made through newly issued convertible preferred shares at an effective common stock equivalent price of $18.36 per share. The transaction will give AstraZeneca rights…
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Gold Holds Near Seven-Week Low as Treasury Yields and Fed Rate Expectations Rise
Gold prices edged higher on Tuesday after falling 4% in the previous session, but remained near a seven-week low as elevated energy prices and rising US Treasury yields increased expectations for further Federal Reserve interest rate increases. At 00:13 ET (04:13 GMT), XAU/USD rose 0.4% to $4,131.10 an ounce, while gold futures declined 0.2% to…