The California-based chipmaker made history as the first public company to cross the $4 trillion mark, outpacing tech rivals Apple and Microsoft and fueling expectations for continued stock momentum.
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THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

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    PHOTO: AMIR SHTRANGER

    Nvidia stock to rise after becoming first company to reach $4T value

    The California-headquartered semiconductor company is signaling more gains after it became the first publicly traded company to hit the $4 trillion mark, surpassing fellow tech players such as Microsoft and Apple. Read the full story

      US banks rise on stronger trade, investment banking

      JPMorgan Chase, Citigroup and Wells Fargo expect buoyant trading to drive second-quarter earnings. Read here

      PHOTO: FREEPIK

      Cash bills money 260 FREEPIK

      Delta Air posts $15.5B in Q2 revenue, lifts outlook

      The Atlanta-based carrier, the world’s largest by revenue, reported upbeat second quarter results. Read here

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      Delta Air Ways 260 DELTA

      NEWS WORTH NOTING

      Amazon mulls multibillion investment in Anthropic

      The Seattle-based e-commerce giant is expanding its investment beyond the $8 billion already committed. Read here

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      NEWS WORTH NOTING

      NEWS WORTH NOTING

      DEALS ROUNDUP

      • Levine Leichtman closes oversubscribed Fund VII at $3.6B
      • Private equity-backed IPOs return to US with high leverage
      • Froot Loops maker WK Kellogg soars 50% on Ferrero buyout
      • Aramco in talks with Commonwealth LNG for offtake deal
      • Musk's Grok AI to be available in Tesla vehicles next week
      • Microsoft shares $500M in AI savings days after job cuts
      • MaintainX raises $150M to transform asset management
      • CoRegen secures over $93M in funding for clinical trials
      • Phil lands $60M growth capital from K2 HealthVentures

        INTERNATIONAL MARKETS

        • Neobank Revolut eyes $65B valuation a year after $45B deal
        • Ukraine to launch Starlink internet, becoming Europe’s first
        • Ulta Beauty set to buy British high street chain Space NK
        • Hong Kong Jockey Club to divest $1B in US PE fund stakes
        • Blackstone, L&G launch strategic private credit partnership

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