Mar 6, 2025 | Markets
The company is raising $240 million and pushing into software. Defense startup Shield AI has finalized a deal to raise $240 million from investors at a valuation of $5.3 billion — a funding round that adds billions to the company’s valuation, and underscores Silicon...
Mar 6, 2025 | Markets
Oil prices for next year have fallen alongside nearby futures markets, a move that runs the risk of menacing supply growth. While US crude slipped toward $65 a barrel Wednesday to briefly touch the lowest level since May 2023, average prices for 2026 are closer to...
Mar 6, 2025 | Markets
Forget LLMs. Silicon Valley investors have a new favorite AI play. Not long ago, Silicon Valley was dismissive of startups like Harvey. While OpenAI developed cutting-edge artificial intelligence models with the potential to shake up almost every industry, Harvey had...
Mar 6, 2025 | Markets
Uncertainty around tariffs and inflation has hurt US business optimism since Donald Trump’s return to the White House in January, marking a sharp reversal from the buoyant mood among executives after his win in the presidential election, a survey shows. Less than...
Mar 5, 2025 | Markets
The euro’s best three-day rally since 2015 is encouraging traders to bet the currency will rise 10% further in coming months. Hedge funds are buying options betting that the currency could reach as high as $1.20 in six to nine months, according to FX traders familiar...
