US stocks surged after comments from President Donald Trump reduced concerns about a potential military escalation with Iran. Major equity indexes recorded …
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Finance
Trump Media and TAE Technologies scrap Truth Social spin-off, double down on $6B merger deal
by shayaanby shayaanTrump Media & Technology Group and TAE Technologies will proceed with their planned $6 billion merger after deciding not to pursue a …
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Finance
Anthropic moves closer to IPO with Morgan Stanley and Goldman leading deal
by shayaanby shayaanAnthropic has picked Morgan Stanley and Goldman Sachs to lead work on its initial public offering, Bloomberg reported, as the Claude maker …
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Sphere 3D Corp. has officially closed its acquisition of Cathedra Bitcoin, combining two publicly traded companies into a single entity focused on …
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Mining
Iren closes $3.65B GPU-backed financing to fuel AI data center expansion under Microsoft deal
by shayaanby shayaanNasdaq-listed Bitcoin miner Iren Limited, formerly known as Iris Energy, has finalized a $3.65 billion financing round structured around its GPU assets, …
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Regulation
‘Extraordinarily unusual’ for CFTC to reverse Gemini settlement deal: Ex-chair
by shayaanby shayaanA former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement …
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Finance
Blackstone and Apollo line up $36 billion chip debt deal for Anthropic
by shayaanby shayaanAnthropic is set to tap a $36 billion private credit deal led by Blackstone and Apollo to finance Google AI chips backed …
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Finance
IREN shares jumps on $1.6 billion Dell deal to expand AI cloud business
by shayaanby shayaanIREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell …
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Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium, as Pakistan and Qatar are …
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Regulation
U.S. CFTC secures deal with National Hockey League on prediction market safeguards
by shayaanby shayaanIn the midst of its playoffs surge, the top professional hockey league has agreed to coordinate oversight of betting on popular prediction …