AI chipmaker Cerebras surged after pricing its IPO at $185, closing at $311.07 on debut amid strong investor demand. Cerebras, an artificial intelligence chipmaker, saw its shares jump 68% on its first trading day, closing at $311.07 after pricing its IPO at $185. The comp
Uber proposed €33 per share for Delivery Hero, valuing the firm at €10 billion, but the bid was rejected amid strategic review. Uber Technologies offered to acquire Delivery Hero for approximately €10 billion, or €33 per share, according to a statement from the Berlin-base
Crossroads Capital’s Q1 2026 letter highlights Nebius Group’s $54.53 billion market cap and 48% one-month return amid AI infrastructure growth. Nebius Group N.V. (NASDAQ:NBIS) closed at $214.77 on May 22, 2026, marking a 48.16% one-month return and a 456.54% gain over the
ICYMI: Asia & EMEA news recap from James Hunt at The Block 👇 👀 Satoshi-era BTC moves A Satoshi-era bitcoin miner moved $203 million worth of BTC to FalconX and Cumberland, according to Onchain Lens. 🔗 Link 🇬🇪 Tether plans GELT stablecoin Tether announced plans to launch GELT, a...</strong
Vanguard Dividend Appreciation ETF's 1.6% yield requires a $375,000 investment to generate $6,000 annually in dividend income. Investors targeting $500 per month in dividends from the Vanguard Dividend Appreciation ETF (VIG) would need to allocate approximately $375,000. T
Crossroads Capital’s Q1 2026 letter highlights FTAI Aviation’s 120% 52-week gain and $25.86 billion market cap amid broader market volatility. FTAI Aviation Ltd. (NASDAQ:FTAI) closed at $252.13 on May 22, 2026, marking a 120.05% gain over the past 52 weeks and a 9.68% one-
NextEra Energy will combine with Dominion Energy, creating a $250 billion entity with $420 billion enterprise value. NextEra Energy will merge with Dominion Energy in a deal valuing the combined company at approximately $250 billion in market capitalization. The transactio
Charles Schwab aims to boost valuation by focusing on long-term wealth management over high-frequency trading and speculative assets. Charles Schwab CEO Rick Wurster said the firm will prioritize wealth-building strategies over meme coins and gambling-like trading to attra
UBS values FedEx’s parcel and freight units at $338 and $213 per share, respectively, using a sum-of-the-parts framework. UBS maintained a Buy rating on FedEx Corp (FDX) with a $445 price target as the company prepares to spin off its freight business. The new standalone u
ENTRA1's potential $25 billion federal funding could accelerate NuScale's 6-gigawatt small modular reactor project with TVA. NuScale Power (SMR) may see a major catalyst as its partner ENTRA1 awaits $25 billion in U.S. government funding to expand energy infrastructure. Th
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