X-Energy, an advanced nuclear technology company backed by Amazon, debuted on Nasdaq with shares opening 31% above its IPO price at $30.11, raising about $1.02 billion. The company develops small modular nuclear reactors using helium for improved safety and performance, aiming to meet growing clean power demand from AI data centers and electrification. Despite the positive market reception, X-Energy expects a 6-7 year timeline from permits to operational plants, highlighting the long-term nature and risks of nuclear commercialization. This IPO reflects strong investor interest in advanced nuclear energy as a clean power solution.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
