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Amazon aims to raise $25B from bond sale, Bloomberg News reports
Amazon plans to raise at least $25 billion through a bond sale to support its AI infrastructure investments, joining other Big Tech firms in tapping debt markets.
Solstice buys Element Solutions in $14.5B deal, sharpens focus on AI market
Solstice acquires Element Solutions for $14.5 billion to expand its advanced materials platform focused on ai infrastructure and semiconductor markets.
SpaceX IPO haul rises to $85.7B after underwriters exercise greenshoe
SpaceX increased its ipo haul to $85.7 billion after underwriters exercised the greenshoe option, marking the largest ipo in history and boosting market capitalization.
SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
SpaceX sets a $135 share price for its initial public offering, aiming to raise $75 billion and value the company at $1.75 trillion in NEW YORK.
Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
The Dow Jones Industrial Average reached a record closing high, while the S&P 500 and Nasdaq remained steady as the ai-led rally paused amid cautious investor sentiment.
OpenAI aiming for speedy IPO, source says, as market awaits SpaceX filing
OpenAI is preparing to confidentially file for a U.S. IPO soon, aiming for a September debut as competition and SpaceX's filing loom.
Oil prices hit two-week high as Iran talks stall and Strait shipments lag
Oil prices climbed to a two-week high as U.S.-Iran peace talks stalled and shipments through the Strait of Hormuz remained limited, tightening global supplies.
US Supreme Court rebuffs challenge to class-action status of bank collusion suit
The U.S. Supreme Court declined to hear an appeal by Bank of America and others, allowing a $12 billion class action on municipal bond rate collusion to proceed.
Wall Street indexes gain as investors hold out hope for US-Iran resolution
Wall Street indexes rose as investors hoped for a US-iran war resolution and monitored the start of the earnings season, with tech stocks leading gains.
Oil rebounds as fragile ceasefire, Hormuz concerns keep supply risks elevated
Oil prices rose over 3% amid concerns about a fragile Middle East ceasefire and restricted flows through the Strait of Hormuz, a key global energy route.
Aerospace parts maker Arxis targets $11.2B valuation in US IPO
Arxis, the aerospace components maker based in Bloomfield, Connecticut, aims for an $11.2 billion valuation in its U.S. initial public offering.
SoftBank secures $40B loan to boost OpenAI investments
SoftBank secures a $40 billion bridge loan to enhance investments in OpenAI and advance its artificial intelligence strategy.
