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RoboStrategy stock drops 15% after initial surge and volatility halts post-Nasdaq debut
RoboStrategy, the first publicly traded closed-end fund focused on physical AI and robotics, saw its stock fall 15.35% on Wednesday after an initial surge fueled by retail investors. The fund launched on Nasdaq earlier this week, attracting heavy int...
AMD's $6.5M Marvell stake surges 66%, now worth $10.8M, highlighting AI chip market gains.
AMD disclosed a $6.5 million stake in Marvell Technology that has surged about 66% to an estimated $10.8 million, reflecting strong gains in AI-related semiconductor stocks. This investment underscores AMD's strategic exposure to key players in AI ha...
Nvidia earnings next week may impact S&P 500 more than Fed minutes due to AI spending focus.
Nvidia's upcoming earnings report is gaining importance as the company's market value and AI role grow, now surpassing the entire S&P 500 healthcare sector. Investors view Nvidia as a key indicator of AI spending, which is central to the current bull...
First patient dosed in Phase 1b trial of Sapu003, an IV everolimus for advanced mTOR-sensitive tumors
Sapu Nano and Oncotelic have dosed the first patient in a Phase 1b clinical trial of Sapu003, an intravenous formulation of everolimus designed to treat advanced mTOR-sensitive solid tumors such as HR+/HER2- breast cancer and renal cell carcinoma. Th...
Cerebras Systems leads TSG Venture 50's first IPO, raising up to $4.8B in a major AI chip market debut
Cerebras Systems, an AI chip maker known for its wafer-scale engine technology, is set to debut on Nasdaq under ticker CBRS, marking the first IPO from TSG Invest's Venture 50 Index. The company raised its IPO price range to $150-$160 per share due t...
Techstars partners with Xendoo and Xero to provide startups with advanced financial tools from day one.
Techstars has formed a strategic partnership with fintech platform Xendoo and accounting software Xero to offer startups a comprehensive financial operations solution. This collaboration aims to help early-stage companies maintain better financial vi...
Nokia shares rise on new AI tech launch and solid Q1 sales despite missing estimates.
Nokia shares climbed 3.87% in premarket trading following the launch of new agentic AI capabilities aimed at improving home and broadband networks. The AI tools are designed to automate troubleshooting, enhance network operations, and accelerate fibe...
NevGold upsizes financing to C$42M, advancing US antimony-gold project with near-term production plans.
NevGold Corp. has increased its brokered private placement financing from C$25 million to over C$42 million due to strong institutional demand. The Vancouver-based junior miner is developing the Limousine Butte gold-antimony project in Nevada, target...
Quantum Cyber secures exclusive drone tech license amid $55B US drone warfare budget boost
Quantum Cyber has secured an exclusive license for BP United's autonomous drone technology, including a sky defense platform capable of over 25 km range and fully autonomous operations. This move positions Quantum Cyber to capitalize on the Trump adm...
FedEx CEO says Amazon's new logistics service poses no threat to its global network.
FedEx CEO Raj Subramaniam dismissed concerns that Amazon's new Supply Chain Services (ASCS) could threaten FedEx's business, emphasizing that FedEx operates a true end-to-end global logistics network. While Amazon's ASCS offers third-party logistics ...