2 دن پہلے
CoreWeave shares slide 4.2% after $3 billion convertible offering and up to 35 million-share ATM plan
CoreWeave (CRWV) shares fell 4.2% on Thursday, even as the AI cloud company said it continues signing new compute capacity contracts at higher prices. Investors focused on a $3 billion convertible debt offering and an at-the-market program to sell up to 35 million shares. Rosenblatt analyst John McPeake reiterated a Buy rating with a $250 price target, saying the additional $6.3 billion in financing would strengthen the balance sheet.
2 دن پہلے
2 دن پہلے
Turkey freezes seven asset managers’ fund trading and orders 130 funds to liquidate after market selloff
Turkish regulators froze trading in funds run by seven asset managers and ordered 130 funds to liquidate following a market selloff. The funds involved have a combined portfolio of 891 billion lira ($21.4 billion) and about 353,000 investors, according to a source cited by Reuters. The Central Bank of the Republic of Turkiye increased repo funding to 300 billion lira and lifted banks’ interbank borrowing limits tenfold to ease lira liquidity strains.
2 دن پہلے