newcomer

FTSE 100 reshuffle: Ocado and St James’s Place gone, and one surprise newcomer

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Thursday June 6, 2024 10:20 am Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email FTSE 100 rebalances take place four times a year, with Ocado and St James’s Place the losers this time Ocado and St James’s Place have been moved from … Read more

How a newcomer is using its Nvidia ties to challenge cloud computing giants

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An upstart challenger to cloud computing giants Amazon and Microsoft is using its alliance with Nvidia to turn artificial intelligence chips into a “new asset class” and raise billions of dollars. New Jersey-based CoreWeave, which was founded in 2017 by former energy traders as a cryptocurrency miner, raised $8.6 billion in debt and equity last … Read more