Seoul-listed Samsung and SK hynix led a surge in tech firms after they signed a chip deal with US giant OpenAI (I-Hwa Cheng) Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country’s government. Tech firms…
(Bloomberg) — Fermi Inc. shares rose 55% in their debut after the energy real estate investment trust raised $682.5 million in its US listing, the latest sign of investors’ hunger for exposure to a boom in artificial intelligence. Most Read from Bloomberg Shares of the company closed at $32.53 versus an IPO price of $21….
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE On Wednesday, the U.S. government ground to a halt. Stock markets, however, jumped — one benchmark even hit a record high. Traders in prediction markets are betting the shutdown will last nearly two weeks. Nothing too radical, since that’s the average length…
Topline X owner Elon Musk made repeated calls Wednesday for Netflix subscribers to cancel their memberships over comments Hamish Steele, director of a canceled Netflix animated series, made about conservative activist Charlie Kirk, with Musk also taking aim at the streaming service’s LGBTQ programming and diversity commitments. X owner and Tesla CEO Elon Musk boosted…
Toby Neugebauer, chief executive officer of Fermi Inc., before ringing the closing bell during the company’s Oct. 1 IPO. Victor J. Blue/Bloomberg Plenty of billionaires have been created by the artificial intelligence and data center booms—and now, the real estate underneath the data centers is generating ten-figure fortunes, too. At least three new billionaires joined…
Very few stocks made the “100% club” in the third quarter, meaning they saw shares more than double in the span of just three months. Tuesday marked the final session of the third quarter, which saw the S & P 500 gain nearly 8%, the tech-heavy Nasdaq Composite jump more than 11% and the Dow…
A trader works at the New York Stock Exchange on Oct. 1, 2025. NYSE Stock futures are little changed Wednesday night after the S&P 500 logged a fresh high and investors appeared to shrug off concerns tied to the latest U.S. government shutdown. Futures tied to the Dow Jones Industrial Average fell 30 points, or…
Key Takeaways Shares of Fermi, which is in the early stages of developing a massive data center and energy complex in the Texas Panhandle, soared on their first day of trading Wednesday. AI-related IPOs have been red hot this year, with investors piling into the stocks of buzzy companies cashing in on AI fervor. Fermi…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. No shutdown on the record…
October 1, 2025 – The United States stock market stands at a fascinating crossroads, celebrating a historic accumulation of wealth and recent record-setting rallies, even as it grapples with the immediate uncertainties of a federal government shutdown. On October 1, 2025, major indices presented a mixed picture, with the Dow Jones Industrial Average (DJIA) and…