Cerebras (CBRS) starts trading on Nasdaq after IPO

Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company’s expected range. That values the chipmaker at over $100 billion. The company sold 30 million shares in its offering late Wednesday, raising $5.55 billion, the largest IPO for a U.S. tech company since Uber’s…

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Polestar CEO tells CNBC ‘pump anxiety’ has made EVs ‘all about money’

Electric-vehicle maker Polestar told CNBC Thursday that “range anxiety” has been replaced by “pump anxiety,” amid worries around a Middle East crisis that has global energy prices soaring. “People are concerned, ‘how much do I pay at the gas station?’” Polestar CEO Michael Lohscheller told CNBC’s “Squawk Box Europe.” The company is seeing increased demand…

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what it means for China markets

A man looks at a screen showing Chinese stock market movements as he uses his mobile phone in Beijing on April 7, 2025. Wang Zhao | Afp | Getty Images Chinese equities could get a fresh boost after this week’s high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping, with investors saying…

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Trump-Xi meeting could test India’s positioning as China counterweight

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China’s growing influence in the Indo-Pacific. But the current U.S…

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Stoxx 600, FTSE, DAX, Iran news, UK Starmer latest

Britain’s Prime Minister Keir Starmer speaks during Ministerial Statement on the Middle East at the House of Commons in London, Britain, April 13, 2026. © House Of Commons | Via Reuters LONDON — European stocks are expected to open higher Thursday as investors keep an eye on political developments in the U.K. and U.S. President…

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