Can Big Tech survive the energy squeeze with profits that are 'AI-or-die'? McGeever
Last week, Kristalina Georgeeva, Managing Director of the International Monetary Fund, spoke to a panel during the IMF/World Bank Spring Meetings in Washington about the challenges facing businesses, industries and economies across the globe, given the 'transformative power' of artificial intelligence. Her remarks also apply to the stock exchange. U.S.
Fervo Energy reports revenue growth in US IPO filing
Fervo Energy filed paperwork on Friday to?file for an initial public offering in the United States. The geothermal developer is seeking to tap into the capital markets amid rising energy prices. The Houston-based company reported a loss of 57.8 millions dollars on revenues of 138,000 dollars for the fiscal year ending December 31, 2025.
EagleRock, a land management company, has disclosed a rise in revenue in its US IPO filing
EagleRock Land, a land management company, reported a 'higher revenue per year in paperwork filed on Thursday for an initial public offering in the United States. The company is positioning itself as a 'rare IPO in energy amid renewed investor interest in the sector. Houston-based company reported a loss of $73.1m for the fiscal period ended December 31st…
Bank of America exceeded profit expectations as trading and investment banking shine
Bank of America exceeded expectations for the first-quarter profit as increased market volatility drove revenue from equity trading to a record, and a rebound of mergers and acquired fees boosted investment banking. The company's shares rose by 1% before the bell on Wednesday. The global equity markets began 2026 on an optimistic trajectory…
Oil shock resilience in march - or just smoke and mirrors? Mike Dolan
The energy shock caused by the Iran war is unprecedented. So far, the real economy has been hit hard. The fact that the only immediate information available is market sentiment, pricing or anecdotes makes it difficult to invest in a sudden crisis such as the Middle East conflict. When reliable data about the economic impact of a crisis finally appears…
HMH Holding raises more than $210 million through its US IPO
HMH Holding, an oil and?gas equipment manufacturer in the United States, raised more than $210 million on Tuesday after pricing its U.S. initial public offering within its range. Houston-based HMH has sold approximately 10.5 million shares for $20 each, as opposed to its advertised price range of $19 - $22 per share, giving it an estimated $862 million valuation.
Gas industry in Spain calls for better remuneration proposals
Sedigas, the Spanish gas industry's body, called on Monday for "significant" alterations to proposed remuneration regulations for gas-related businesses through 2032. They emphasized the need to ensure "a reasonable and sufficient remuneration structure". The energy and competition watchdog CNMC in the…
S&P increases its inflation forecast for Turkey due to the energy impact of war
S&P Global has raised its forecast for Turkish inflation to almost?29% this year, mainly?due to?surging energy prices. This highlights the country's vulnerability due to Iran War fallout which is already testing its long-term inflation-fighting efforts. Ratings agency expects an average inflation rate of 28.9% by 2026. This is up from the previous forecast of 23,4%.
HMH Holding, backed by Baker Hughes, seeks $948 Million valuation in US IPO
HMH Holding, an oil and gas equipment manufacturer, said it aimed to raise up to $948m in its initial public offering in the United States. The company entered the market at a time when the price of crude was surging. The company aims at raising $231 million through the IPO. It will sell 10.5 million shares between $19 to $22 each.
Globally, governments are taking measures to mitigate the impact of Iran's war on energy prices for consumers
Fuel subsidies, price caps and emergency commodity releases are just some of the measures that governments from Asia to Europe have taken to protect consumers from rising fuel and food prices - a result of the U.S. and Israeli war against Iran. The conflict in the Middle East has caused a halt to a fifth of world oil and gas supplies.
Nscale, backed by Nvidia, valued at $14.6 Billion in a new funding round
The 'artificial intelligence' group Nscale, which is backed by Nvidia and has raised $2 billion through its latest funding round, was valued at $14.6 billion on Monday. The Series C round of funding was led by Norway’s Aker and 8090 Industries and included Nvidia Citadel Dell Jane?Street among others.
Iran War threatens to hit global energy markets for a long time
Even if the U.S. and Israel's war against Iran ends soon, consumers and businesses around the world could face weeks or even months of higher fuel costs as suppliers deal with damaged facilities and logistics and increased shipping risks. This outlook is a threat to the global economy and to President Donald Trump's political position as he heads into midterm elections.
The Iran War threatens to have a long-lasting impact on global energy markets
Even if the conflict with Iran ends soon, consumers and businesses could face weeks or even months of higher fuel prices. This is because suppliers are dealing with damaged facilities, disrupted logistic, and increased risks in shipping. This outlook is a greater threat to global economic stability and a political vulnerability to U.S.
Watch these stocks as Trump's tariffs create more uncertainty
After a Supreme Court decision last week that ruled against his larger levies, tariff uncertainty has returned. Wall Street analysts expect emerging market exchange-traded fund and retailers to benefit in the end. Here are some stocks, ETFs, and sectors that could be affected by the latest twists in the?U.S.
Enel to invest $63 billion by 2028, with a focus on Europe and the US
Enel, the Italian energy?utility, plans to increase its capital expenditures over the next three years. It will also shift its focus towards renewables in Europe and America. In a press release, the state-controlled 'group' said it would invest about 63?billion dollars (53?billion euro) between 2026-2028, with half going to grids and 38% to renewables.
SOLV Energy's Nasdaq debut earns it a valuation of $6 billion
SOLV Energy shares grew 20% on 'Wednesday in New York, valuing the firm at $5.98 billion. This highlights a'strong rebound in IPO activity in - 2026. The shares opened at $30, which is above the $25 price at which they sold 20.05 million shares to raise $512.5 millions on Tuesday. The U.S. Federal Reserve has cut interest rates to the end of the year 2025.
SOLV Energy raises $512.5 Million in US IPO
The U.S. IPO of SOLV Energy, a solar and battery storage company, was priced at $25 per share - within the range indicated. San Diego-based company, SOLV, sold 20.5 millions shares at $25 each, as opposed to its advertised range of $22 - $25 per share. SOLV was valued at $5 billion in the IPO. Twelve companies have raised $5 billion through IPOs in 2026.
Sources say that Nscale, a UK AI company backed by Nvidia, has hired banks to prepare for its IPO.
People familiar with the situation said that Nscale Global Holdings, a British artificial intelligence company backed by Nvidia, has hired Goldman Sachs and JPMorgan in order to prepare for a public offering. Sources who asked not to be named because the discussions were private said that the timeline for a potential listing had not been determined.
Sources say Glencore is close to appointing Citi for merger talks with Rio Tinto as a consultant.
Two people familiar with the matter said that the Swiss miner Glencore was close to appointing Citi as its "lead investment banking firm" for its potential acquisition of Rio Tinto, which could result in the creation of the world's biggest miner worth over $200 billion. Citigroup Global Markets Inc.
SOLV Energy aims for $5 billion valuation at US IPO
SOLV Energy, a solar and battery storage company, said Friday that it aims to achieve a valuation up to $4.99 Billion in its initial public offering in the United States. The San Diego-based company plans to raise up to $512.5 millions by selling 20.5 million shares at a price between $22 and 25 cents each.
