Tech News

SpaceX’s network plans have rattled legacy carriers, but there’s a surprise gainer

Shares of major telecommunications companies tumbled Friday after SpaceX SPCX announced an agreement to acquire a nationwide portfolio of low-band spectrum licenses, intensifying...

Tech News

Coherent stock forms bullish pattern as Lumentum projects strong optics demand

Coherent (COHR) stock has wavered since mid-August, in step with the consolidation among leading companies in the artificial intelligence industry. Shares were trading...

Tech News

SoundHound stock breaks key support as short interest surges: Is a squeeze coming?

SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to...

Tech News

Nvidia stock takes a hit as portfolio stocks dive and Reflection AI bid is considered

Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current...

Tech News

Amazon plans $7 billion acquisition of Decart, a fast-growing AI startup

Amazon is in talks to acquire Decart, a fast-growing artificial intelligence (AI) company. According to the WSJ, Amazon is planning to buy the...

Oil and Gold News

Anthropic and Anduril raise billions as a new era in unicorns starts

Two of the most consequential American startups – Anthropic and Anduril – are leading the new era in unicorns as the artificial intelligence...

Oil and Gold News

Kuark bets big on Asia AI boom with $400 million hedge fund

Kuark Capital, a Hong Kong-based investment firm led by Taiwanese investor Kyle Su, has raised at least $400 million ahead of the launch...

Oil and Gold News

Canada’s OMERS to sell 25% stake in Spanish energy firm Exolum

Canadian pension fund OMERS has agreed to sell its 25% stake in Spanish energy logistics company Exolum to European real assets investment firm...

Oil and Gold News

Goldman Sachs says hedge funds are piling back into AI stocks

Hedge funds bought technology stocks last week at the fastest pace in nearly three months, driven by renewed demand for companies exposed to...

Oil and Gold News

Why world’s top PE firm is doubling down on Asia with $13 billion

Blackstone has raised $13.1 billion for its largest Asia private equity fund, a result that runs counter to the mood in global buyouts....