(Bloomberg) — Newsmax Inc. shares skyrocketed 735% in their debut session after the conservative media outlet’s initial public offering, with individual investors helping hand the firm the best first-day performance since 2022. Most Read from Bloomberg The stock closed at $83.51 each on Monday, in a first trading day as a public company that saw…
The AI cloud computing provider CoreWeave made its debut on the Nasdaq Friday under the ticker CRWV. The stock opened around $40 per share at 1:15 p.m. ET, fell as much as 6%, turned green and rose by as much as 4%, and eventually ended the session flat. The company, which provides computing power using…
The AI cloud computing provider CoreWeave made its debut on the Nasdaq Friday under the ticker CRWV. The stock opened around $40 per share at 1:15 p.m. ET, fell as much as 6%, turned green and rose by as much as 4%, and eventually ended the session flat. The company, which provides computing power using…
The AI cloud computing provider CoreWeave made its debut on the Nasdaq Friday under the ticker CRWV. The stock opened around $40 per share at 1:15 p.m. ET, fell as much as 6%, turned green and rose by as much as 4%, and eventually ended the session flat. The company, which provides computing power using…
Super Micro (SMCI) rose over 25% in premarket trading on Wednesday after the company met a deadline from the Nasdaq to submit delayed regulatory filings in order to avoid delisting. After the close on Tuesday, Super Micro filed updated quarterly reports for its fiscal year ended June 30, 2024, as well as quarters ended Sept….
(Bloomberg) — Roblox Corp., the video-game service used by millions of young people, is part of an active investigation by the US Securities and Exchange Commission, according to information obtained by Bloomberg News. Most Read from Bloomberg Responding to a Freedom of Information Act request, the commission said in a letter Friday that it couldn’t…
Olga Kharif sizes up some new competition for crypto-native companies in the next presidential administration. Crypto-native firms are expected to flourish as a result of a more favorable regulatory regime under President-elect Donald Trump. This lighter regulation, however, may end up being a dual-edged sword. Source link
Crypto stocks enjoyed a short-lived rally before reversing direction Thursday on the heels of a push from bitcoin (BTC-USD) to a record high above $100,000. That record was fueled by news from President-elect Donald Trump that he would nominate crypto-friendly Paul Atkins to lead the US Securities and Exchange Commission (SEC). Bitcoin traded as high…
Elon Musk’s xAI has raised $6 billion in new capital, according to a regulatory filing, wrapping up a funding round that has been in the works for months and was said to value the artificial intelligence startup at more than $40 billion. The equity financing came from 97 investors, and includes stakes as small as…
The ultimate Trump trade just hit six figures. Bitcoin passed $100,000 for the first time, bringing gains since the November election to 50%. The latest leg up came after Trump selected Paul Atkins, a pro-crypto regulator, to head the US Securities and Exchange Commission. He’ll replace Gary Gensler, who attracted the ire of crypto enthusiasts…