Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.

Musk’s xAI races to get Wall Street firms to use Grok chatbot

The blitz forms part of a push to bolster revenue ahead of parent company SpaceX's initial public offering.

Seoul shares again open at fresh record high, just inches away from historic 8,000 milestone

South Korean stocks opened at a new high Thursday, attempting to reach another historic milestone of 8,000, as large-cap shares took a cue from an overnight rally on Wall Street, boosted by major tech companies. After starting 0.38 percent higher, the benchmark Korea Composite Stock Price Index had added 71.25 points, or 0.91 percent, to a fresh peak of 7,915.26 as of 9:15 a.m. The Kospi kicked off bullish as major US indexes reached new highs overnight, driven up by a boost in blue chip tech sh

By The Korea Herald

Jane Street Slashes Bitcoin ETF Holdings, Adds Ether Funds In Q1 2026

Jane Street Slashes Bitcoin ETF Holdings, Adds Ether Funds In Q1 2026 Authored by Helen Partz via CoinTelegraph.com, Wall Street market maker Jane Street reduced its exposure to Bitcoin exchange-traded funds (ETFs) in the first quarter of 2026 while increasing positions in Ether funds. Jane Street cut major Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published Tuesd...

By Tyler Durden