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Fervo Energy IPO: CEO outlines geothermal future of US grid
Yahoo Finance Video96d agoneutralVIDEO
Fervo Energy IPO: CEO outlines geothermal future of US grid

Fervo Energy (FRVO) is making its Nasdaq debut on May 13, following its IPO that raised $1.89 billion. The company aims to deliver carbon-free power by accessing geothermal energy, utilizing drilling techniques from the oil and gas industries. Fervo Energy co-founder and CEO Tim Latimer speaks with Julie Hyman about the provider's geothermal projects and partnership with Google (GOOG, (GOOGL).

Bouygues Telecom lowers acquisition costs using Perion AI platform (PERI)
InvestorsHub96d agoneutral
Bouygues Telecom lowers acquisition costs using Perion AI platform (PERI)

Bouygues Telecom (EU:EN) has integrated an AI-powered advertising solution from Perion Network (NASDAQ:PERI) into its marketing operations, helping reduce customer acquisition costs by 34% and lowering campaign carbon intensity by 51%, according to a statement released by Perion. The telecoms operator, which serves more than 30 million customers, deployed Perion’s Outmax AI agent as part of its Fiber-to-the-Home advertising campaign while continuing to access premium advertising inventory and im

Caution Ahead: Will SpaceX Be the Next Figma IPO?
etf.com96d agoneutral
Caution Ahead: Will SpaceX Be the Next Figma IPO?

<p>Active fixed income continues to grow while passive equity investors may be biting off more than they care to chew in the coming months should SpaceX make it into benchmark indices post-IPO. Don’t miss this riveting <em>ETF Zoo </em>episode that covers everything from the Corgi cannon of ETF launches to the value of a cockroach portfolio in today’s markets. </p>

Analysts See Big Upside for Chipotle Stock For This Reason
24/7 Wall St.97d agoneutral
Analysts See Big Upside for Chipotle Stock For This Reason

Shares of Chipotle Mexican Grill (NYSE:CMG) currently trade around $32.50, while the average Wall Street price target sits at $43.66. That means analysts see an average of roughly 34% upside for the burrito chain today. Chipotle operates more than 4,042 company-owned restaurants and is one of the most closely watched names in fast casual restaurants. ... Analysts See Big Upside for Chipotle Stock For This Reason

S&P Global Sets Mobility Board As Spinoff Story Takes Shape
Simply Wall St.97d agoneutral
S&P Global Sets Mobility Board As Spinoff Story Takes Shape

S&P Global (NYSE:SPGI) has announced the board of directors for Mobility Global Inc., its soon to be separated Mobility business. The company has also named the leadership team that will run the Mobility unit once the separation is complete. This marks a key step toward the planned mid 2026 spinoff of the Mobility division from S&P Global. S&P Global, known for indices, credit ratings, and data services, is preparing to separate its Mobility division into a standalone company. The Mobility...

Bloomberg98d agoneutral
AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized US IPO

(Bloomberg) -- Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the artificial intelligence chipmaker and data center operator’s shares continues to build.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelr

Cerebras Raises IPO Price. Chip Stocks Are Still Hot.
Barrons.com98d agoneutral
Cerebras Raises IPO Price. Chip Stocks Are Still Hot.

If the upcoming initial public offering of artificial-intelligence chip maker Cerebras is any measure, the bull market in semiconductors is still on. When Cerebras filed its IPO paperwork earlier this month, the company intended to sell 28 million shares at a price between $115 and $125, raising $3.5 billion at the top end of the range. It was up 0.7% in premarket trading Monday.

Bloomberg98d agoneutral
Bill Gates-Backed Fervo Energy Boosts IPO Target to $1.8 Billion

(Bloomberg) -- Fervo Energy Co., a geothermal energy developer, is seeking to raise as much as $1.82 billion in a US initial public offering, raising its target from $1.33 billion.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksDrone Hits Ship Near Qatar as US Awaits Iran Peace