Tag: Shares
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JX Luxventure Shares Soar 24% on $1 Million AI Technology Deal
JX Luxventure's shares surge 24% with groundbreaking $1M AI contract
Apple market cap reaches $3 trillion mark again
Read about Apple's recent achievement of reaching a $3 trillion market cap, making it the only company to achieve such a milestone. With a 46% stock increase this year and the launch of their AR headset, Apple continues to dominate the tech industry.
Investors Turn to Secondary Markets for AI Startup Shares: Dataminr, Hugging Face, and Anthropic Among Buzzworthy Picks
Investors are turning to secondary markets to invest in AI startups, as traditional funding rounds shut them out. Shares in these startups are in high demand, with AI startups representing 25-30% of investor demand. Platforms like AngelList and ForgeGlobal have seen significant increases in secondary rounds for share sales. Caplight has also seen enthusiasm for buzzy AI companies like OpenAI and Anthropic. Despite not yet being available, reports show heavy buy interest in OpenAI in secondary markets.
SBF Upset as Late Evidence Emerges in Criminal Trial While FTX Looks to Sell AI Stock
Former FTX CEO claims key evidence date missed in fraud charges as his lawyers accuse prosecutors of failing to provide the contents of five devices due by the end of March. A laptop and iPhone belonging to former Alameda Research CEO Caroline Ellison and an FTX co-founder Gary Wang's laptop are among the devices, with Bankman-Fried's court date set for October 2nd. Additionally, FTX bankers are looking to cash out their shares in Anthropic, an AI startup valued at $4.6 billion. Perella Weinberg is handling FTX's bankruptcy, with the potential sale worth hundreds of millions of dollars.