News
China exports growth in March misses estimates, imports surge most in over four years
1+ mon, 1+ week ago (672+ words) China's export growth declined to a six-month low in March as the Middle East conflict hit global demand outlook, while imports logged their strongest growth in more than four years. Exports rose at 2. 5% in U. S. dollar terms last month from a…...
Huawei unveils new smartphone chips this fall as rivalry with Nvidia and Apple heats up
1+ day, 57+ min ago (495+ words) SHANGHAI " Chinese tech giant Huawei on Monday touted a new approach to developing advanced semiconductors despite U. S. sanctions, as Nvidia struggles to sell its high-end chips in China. Huawei said it developed a new engineering approach called "Logic Folding" to manufacture…...
Which company will the U. S. government take a stake in next? Here's what traders think
3+ day, 15+ hour ago (317+ words) Quantum stocks jumped this week on news that the U. S. government was taking equity stakes in nine companies, including IBM, as President Donald Trump's administration continues to acquire shares of private sector companies." So where might the government take its shopping…...
Despite murky legal landscape, companies are undeterred in their prediction market investments
3+ day, 15+ hour ago (371+ words) States and the federal government may be battling over who has the power to regulate prediction markets, but the companies building them are chugging along as the platforms continue to experience huge growth. The Commodity Futures Trading Commission and six…...
Surge in 'risk-free' treasury yields sends bond investors in search of better opportunities
3+ day, 15+ hour ago (309+ words) U. S. treasury bonds typically occupy a special place in an investor's portfolio " the asset class against which all other market risk is measured. But a surge in long-dated yields is forcing investors to rethink this assumption. The shift in bond market…...
Miner Perpetua Resources secures $2. 9 billion U. S. loan for Idaho gold, antimony project
4+ day, 10+ hour ago (250+ words) Mining company Perpetua Resources has secured a $2. 9 billion loan from the U. S. Export-Import Bank, CNBC has learned. The deal comes as the U. S. looks to secure access to critical minerals and break China's stronghold on essential supply chains. Perpetua shares rose more…...
Prediction markets are fueling a high-stakes brawl between states and federal regulators
4+ day, 11+ hour ago (843+ words) As prediction markets' volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop them and assert their regulatory authority." Sixteen states are involved in…...
Space X, Open AI valuations would mean they leapfrog Berkshire Hathaway on first day of trading
4+ day, 12+ hour ago (399+ words) A slew of tech mega-IPOs are ahead and they're set to push Warren Buffett aside on their first day of trading. Space X on Wednesday officially filed to go public on the Nasdaq. On the same day, reports circulated that…...
Open AI takes the lead in AI IPO horse race: 'Getting to public markets first is very important"
5+ day, 11+ hour ago (460+ words) Reports that Open AI is set to confidentially file for an IPO as soon as Friday changed prediction market traders" outlook on which private AI giant will debut on the public markets first." Traders on Kalshi now see Open AI…...
Fintech firm Mercury hits $5. 2 billion valuation after funding round, up 49% in 14 months
5+ day, 16+ hour ago (620+ words) Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5. 2 billion valuation, CNBC has learned exclusively. That valuation is 49% higher than the San Francisco-based company's previous funding round just 14 months ago, bucking the…...