Tag: programming

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Venture Global Cuts IPO Range, Lowering Market Value Target

Venture Global reduces IPO pricing range, targeting $65 billion market cap

European Industrial Stocks Surge on AI Investment Push

European industrial stocks surge on U.S. AI investment, reaching record highs for companies like Schneider Electric and Prysmian due to their involvement in AI infrastructure development and acquisition strategies.

Netflix Raises Streaming Tier Prices in US, Touts Strong Content Pipeline

Netflix raised its US streaming tier prices by $1 to $3, citing strong content and a desire to support future investments. The company also announced plans to continue expanding its sports offerings and reported a standout 2024 with record viewership for events like the Jake Paul vs. Mike Tyson boxing match and NFL games.

U.S. IPO Market Opening Up After Election, NYSE Says

US IPO market opens up after election, says NYSE President

Abbott Forecast Misses Estimates, Shares Dip in Premarket

Abbott Labs' Q4 sales miss estimates; Q1 profit forecast below expectations

Novacap Closes $1 Billion Fund for Digital Infrastructure Investments

Canadian private equity firm Novacap Investments Inc. has closed a $1 billion fund to invest in digital infrastructure assets. The fund is targeting about 10 regional companies that sell connectivity and data access services, with a strategy to invest as much as $100 million in each.

Citi Raises 2025 Oil Outlook On Geopolitical Risks

Citi has raised its 2025 oil price forecast due to geopolitical risks in Russia and Iran, with Brent crude expected to average $67 per barrel.

China to boost stock market with insurance funds

Regulators will direct state insurers and commercial funds to invest more in the A-share market to help revive the stock market.

Saudi prince keen on TikTok investment if Musk or others bid

Saudi prince interested in investing in TikTok if Elon Musk or others offer to buy it

Foreign Financial Firms to be Treated Equally in Free Trade Zones

China will grant foreign financial institutions same treatment as domestic companies to offer new financial services in free trade zones