Intel CorporationIntel raised $20 billion through an upsized share offering priced at $95 per share, a 2.6% discount
U.S. stock futures were little changed early Tuesday as investors weighed renewed Middle East tensions, higher oil prices, and AI sector developments ahead of key inflation data. Dow futures slipped 51 points, or 0.1%, while S&P 500 and Nasdaq 100 futures were broadly flat. President Donald Trump rejected Iran's demand for reparations, dimming prospects for a peace deal and keeping the Strait of Hormuz effectively closed, which pushed Brent crude up 1.8% to $89.34 a barrel. Intel raised $20 billion through an upsized share offering priced at $95 per share, a 2.6% discount, selling 210.5 million common shares with a 30-day option for underwriters to buy up to 31.6 million more. Riot Platforms surged over 20% in extended trading after Bloomberg reported that Anthropic signed a $9.1 billion long-term deal for 191 megawatts of computing capacity at Riot's Texas campus, with potential total sales reaching $16.1 billion if extension options are exercised. Nvidia confirmed an AI infrastructure initiative with Apollo, BlackRock, Goldman Sachs, and KKR to mobilize over $500 billion in third-party capital, though its shares fell more than 2%. The Reserve Bank of Australia unanimously held its benchmark rate at 4.35%, as expected, but cautioned that elevated inflation and higher fuel prices from the Iran conflict could keep further hikes in play.
Intel CorporationIntel raised $20 billion through an upsized share offering priced at $95 per share, a 2.6% discount
NVIDIA CorporationNvidia confirmed AI infrastructure initiative with partners to mobilize over $500 billion, but its shares fell more than 2%.
Riot Platforms, Inc.Anthropic signed a $9.1 billion long-term deal for 191 MW of computing capacity at Riot's Texas campus, with potential total sales reaching $16.1 billion.
BlackRock IncNvidia's AI infrastructure initiative with BlackRock to mobilize over $500 billion in third-party capital
Apollo Global Management LLC Class ANvidia's AI infrastructure initiative with Apollo to mobilize over $500 billion in third-party capital
KKR & Co. Inc.Nvidia's AI infrastructure initiative with KKR to mobilize over $500 billion in third-party capital
Goldman Sachs Group IncNvidia's AI infrastructure initiative with Goldman Sachs to mobilize over $500 billion in third-party capital