Market News

Follow the latest financial and economic news, market updates, reports, and analysis on PipVero.

Source: CNBC News Agency
4 weeks ago
General Medium Importance AI Analyzed
August was the month of the comeback kids. Cramer reviews what drove the biggest winners

August was the month of the comeback kids. Cramer reviews what drove the biggest winners

CNBC's Jim Cramer said August was a comeback month for stocks that had been battered by bearish narratives. Enterprise software staged a particularly strong recovery as Palantir, Veeva, Salesforce, and ServiceNow rallied after fears that AI would disrupt their businesses proved overblown.

Source: CNBC
Visit Source
0 0 0
Read More
Comment
Source: Reuters News Agency
4 weeks ago
General Medium Importance AI Analyzed
Ares raises $4 billion for Japan logistics fund in unit's largest fundraise

Ares raises $4 billion for Japan logistics fund in unit's largest fundraise

Ares Management , a U.S.-based investment firm, said on Tuesday its real estate arm has raised 612 billion yen ($4 billion) for its ​fifth Japan logistics development fund, marking the unit's largest closed-end institutional ‌fundraise to date.

Source: Reuters
Visit Source
0 0 0
Read More
Comment
Source: Seeking Alpha News Agency
4 weeks ago
General Medium Importance AI Analyzed
AI Power Demand Is Exploding, But How Much Actually Gets Built

AI Power Demand Is Exploding, But How Much Actually Gets Built

Former bitcoin miners like IREN, TeraWulf, CleanSpark, MARA, and Riot are pivoting to AI compute and power infrastructure, leveraging massive contracted backlogs relative to current revenues. Wall Street forecasts for data center electricity demand are far more aggressive than the IEA's, with recent upward revisions highlighting uncertainty and potential overestimation of near-term growth. None of these companies is generating positive free cash flow; buildouts are financed via GPU-backed debt, customer prepayments, and equity, not operating cash.

Source: Seeking Alpha
Visit Source
0 0 0
Read More
Comment
Source: Reuters News Agency
4 weeks ago
General Medium Importance AI Analyzed
Shein set for lacklustre debut after setbacks cause huge drop in valuation

Shein set for lacklustre debut after setbacks cause huge drop in valuation

Chinese online fashion giant Shein's Hong Kong debut on Tuesday caps a years-long effort ​to tap capital markets after trying to list in vain in the West, but may bring little comfort to investors with an expected lacklustre start ‌to trade.

Source: Reuters
Visit Source
0 0 0
Read More
Comment
Source: Reuters News Agency
4 weeks ago
General Medium Importance AI Analyzed
New York cannot enforce $75 billion climate 'superfund' law, US judge rules

New York cannot enforce $75 billion climate 'superfund' law, US judge rules

A federal judge ruled on Monday ​that New York ‌cannot enforce a state law it enacted ​in 2024 that ​sought to force oil ⁠companies to contribute $75 ​billion over 25 years ​into a fund that will pay for damage ​caused by climate ​change.

Source: Reuters
Visit Source
0 0 0
Read More
Comment
Source: Bloomberg Markets and Finance News Agency
4 weeks ago
General Medium Importance AI Analyzed
Trump's Venezuela Deal Leaves $100 Billion Question Unanswered

Trump's Venezuela Deal Leaves $100 Billion Question Unanswered

President Trump is framing the deal for a US stake in 65 billion barrels of Venezuelan oil as a victory that will lower gasoline prices and replenish depleted crude reserves. It's far from certain the plan will lead to either during his presidency — if at all.

Source: Bloomberg Markets and Finance
Visit Source
0 0 0
Read More
Comment