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Larry Ellison is back on top, 48 years after he co-founded Oracle
Reuters· 2025-09-12 07:06
Group 1 - The article discusses the rising prominence of Oracle co-founder Larry Ellison, suggesting he may become the world's richest person [1] - Fortune magazine features Ellison on its cover, indicating a renewed interest in his status and influence in the tech industry [1] - BusinessWeek highlights Ellison's resurgence in popularity, referring to him as "cool again" and emphasizing his relevance in Silicon Valley [1]
China investors seen looking past Cambricon index rebalance, staying bullish on AI
Reuters· 2025-09-12 07:03
Core Viewpoint - Investors are expected to maintain strong interest in Cambricon shares despite a potential reshuffle in a key tech index, which could result in over $1 billion in passive selling, indicating confidence in the company's position as an AI leader [1] Group 1 - The anticipated reshuffle in the tech index is likely to trigger significant passive selling, estimated at over $1 billion [1] - Cambricon is identified as a bellwether in the AI sector, suggesting its importance and influence within the industry [1]
Sabadell's board issues unfavourable opinion on BBVA's hostile takeover bid
Reuters· 2025-09-12 05:45
Core Viewpoint - The board of Spanish lender Sabadell has issued an unfavorable recommendation regarding BBVA's hostile takeover bid, stating that the offer undervalues the bank [1] Company Summary - Sabadell's board believes that BBVA's bid does not reflect the true value of the bank, indicating potential undervaluation in the market [1]
Apple Watch hypertension feature wins FDA nod, rollout next week, Bloomberg reports
Reuters· 2025-09-12 04:30
Core Viewpoint - Apple is set to launch a hypertension detection feature on its smartwatch following FDA clearance, indicating a significant advancement in health monitoring technology [1] Group 1 - The hypertension detection feature will be available on Apple's smartwatch next week [1] - The feature received clearance from the U.S. Food and Drug Administration (FDA) on Thursday [1]
How government debt stress could roll across world markets
Reuters· 2025-09-12 04:14
Core Viewpoint - Escalating fears regarding government finances are emerging globally, particularly in countries like Britain and Japan, with concerns primarily affecting bond markets but anticipated to extend to other asset classes such as big tech, housing, and currencies [1] Group 1 - Investors are preparing for potential stress across various asset classes due to government financial concerns [1]
Via Transportation, shareholders, raise $493 million in US IPO
Reuters· 2025-09-12 03:48
Group 1 - Via Transportation raised $492.9 million in its U.S. initial public offering [1] - The company is part of a rebound in activity for fresh flotations in September [1]
Oil prices extend losses on oversupply, US demand concerns
Reuters· 2025-09-12 01:27
Oil prices edged lower on Friday after big falls in the last session over concerns about possible softening of U.S. demand and broad oversupply that offset worry about supply disruption from conflict in the Middle East and war in Ukraine. ...
Cafe chain Black Rock Coffee Bar raises $294 million in US IPO
Reuters· 2025-09-12 00:56
Black Rock Coffee Bar has raised $294 million in its U.S. initial public offering, the cafe chain said on Thursday. ...
OpenAI, Nvidia set to announce UK data center investments, Bloomberg News reports
Reuters· 2025-09-12 00:36
OpenAI and Nvidia plan to pledge support for billions of dollars in UK data center investments when they head to the country next week at the same time as U.S. President Donald Trump, Bloomberg News r... ...
Blackstone-backed Legence raises $728 million in US IPO
Reuters· 2025-09-11 23:20
Group 1 - Legence, an engineering and maintenance services provider, raised $728 million in its U.S. initial public offering [1] - The IPO reflects a trend of companies seeking to go public amid heightened market activity [1]