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The Marked Chart Wire · Business
HotServe Robotics
Serve Robotics posted revenue of $2.835 million, exceeding estimates by 72 percent. The company's earnings per share came in at negative $0.51, beating the expected negative $0.65.
Part of a series: Unitree Robotics: the latest, in order
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Anthropic IPO
Sources say large investors doubt Anthropic can reach a $1.5 trillion valuation for its initial public offering following recent market declines.
HotUnity Acquisition
Unity Software is reportedly in discussions with Silver Lake and Public Investment Fund regarding a potential acquisition of the company.
HotTrump Media TAE
The SEC declared the all-stock merger registration effective, setting a December 14 shareholder vote. TAE Technologies develops fusion energy and AI power systems.
HotEarnings
JFrog, Cloudflare, and Airbnb climbed in after-hours trading on better-than-expected figures, while DraftKings and Atlassian shares dropped on disappointing outlooks.
Meta Financing
The company sold five debt instruments with rates ranging from 5.85% to 7.50% and maturities through 2056. Underwriters bought an extra 6 million shares, bringing the total forward-sale agreement to 46 million units.
HotIren
Iren Limited posted $228 million in total revenue, up 66 percent, with AI cloud sales reaching $200 million. The company's net loss narrowed to $263 million as it shifts focus from Bitcoin mining to AI infrastructure.
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