Nvidia to invest $3 billion in Meta equity offering
Nvidia to invest $3 billion in Meta equity offering
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Nvidia to invest $3 billion in Meta equity offering
(Repeats Monday's column to additional subscribers without any changes. The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, Oct 12 (Reuters) — The hurdle for continued AI-driven equity gains is strikingly high. And with cracks starting to appear in the seem
Nvidia-backed cloud-computing company Firmus Grid abandoned plans to raise $5 billion in Australia's largest IPO in nearly 30 years after investors balked at its proposed $30 billion valuation. The company said it will instead pursue further private investment.
Nvidia-backed cloud-computing company Firmus Grid withdrew its application to list on the Australian Securities Exchange and scrapped plans for an IPO it said would have raised almost US$5 billion. The company cited recent market volatility and prevailing market conditions.
Alphabet, Amazon, Microsoft and Meta signaled in April that spending on AI would not slow down. Tech giants' combined spending is now set to exceed $730 billion this year. SpaceX is looking to raise about $10 billion in bank loans and $30 billion in investment-grade debt.
US stock index futures climbed on Tuesday as Treasury yields retreated from multi-year highs and oil prices eased. This offers investors some relief before the quarterly earnings season begins.
AtkinsRéalis Group Inc (TSX: ATRL ) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Su
Worldsec Limited reported an unaudited net loss of US$490,000 for the six months ended 30 June 2026, versus a loss of US$97,000 a year earlier. The company also said it appointed Elemental Company Secretary Limited as company secretary in September 2026.
IREN (NASDAQ: IREN ) released fourth-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary IREN reported $4 billion of annual recurring revenue (ARR) con
The Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark a quarter point to 3.75%-4%. The vote was unanimous, 12-0, and 16 of the 18 policymakers who submitted forecasts penciled in at least one more increase this year. Inflation is running at 3.4%, unchanged from July bu
Ross Stores reported second-quarter revenue of $6.27 billion and earnings of $2.66 per share, both above estimates, and lifted 2026 earnings guidance to $8.61-$8.77 per share.
Applied Materials reported third-quarter revenue of $9.12 billion and adjusted earnings of $3.50 per share, both above analyst estimates.
The Government of India has expressed concerns over Meta Platforms Inc. (NASDAQ: META ) introducing usernames on its messaging platform, WhatsApp, citing a potential increase in cybercrime. Meta suffered a significant legal setback after a federal judge allowed most claims in a lawsuit brought by 29 state attorneys gen
Nebius Group (NASDAQ: NBIS ) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Ne