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GIC News30 articles
GCL Global Shares Surge on $10M ADATA Investment, Nasdaq Compliance Looms
GCL Global Holdings shares surged after ADATA invested $10M in its 4Divinity unit, but the stock still trades below Nasdaq's $1 minimum bid price, facing a Sept. 14 deadline.
GCL Global Surges 132% After-Hours on $10M ADATA Investment in 4Divinity Unit
GCL Global shares jumped 132% after-hours to $1.00 following a $10M strategic investment from ADATA Technology in its 4Divinity unit, pushing the stock above Nasdaq's $1 minimum bid threshold.
Zeta Global Shares Surge on OpenAI Advertising Pact
Zeta Global shares climbed 3.4% in premarket trading Tuesday after CEO David Steinberg revealed an advertising deal with OpenAI at a JPMorgan conference.
Zeta Global Soars 12% on OpenAI Advertising Pact
Zeta Global shares jumped 12% on Monday after the company revealed an agreement to assist OpenAI with its advertising operations, outpacing a declining broader market.
Oil Surge Ignites Global Bond Selloff, Rate Hike Bets Resurface
Government bonds fell worldwide Monday as the Iran conflict pushed oil above $110, raising bets on rate hikes. The U.S. 10-year yield hit 4.631%.
Zeta Global Stock Up on Snowflake Data Initiative Ahead of Key Conference
Zeta Global shares climbed 3.68% Friday to $17.19 after joining Snowflake's OSI data initiative. The company also raised full-year 2026 revenue guidance following a strong Q1 earnings report.
Global Markets Rally on AI Hype Despite Fragile Economy, Warn Experts
Global markets reach new peaks on AI optimism, but economist Paul Sheard cautions that high valuations and concentration risk a severe correction.
Murano Global Shares Surge Premarket Amid Nasdaq Compliance and Debt Restructuring
Murano Global shares surged 67% in premarket trading Friday, but the company still faces an Oct. 5 deadline to meet Nasdaq's $1 minimum bid rule and is working through debt restructuring.
WHP Global Acquires Marc Jacobs from LVMH, G-III to Co-Own Brand
LVMH sells Marc Jacobs to WHP Global after 30 years; G-III Apparel Group co-owns and operates the brand. Marc Jacobs stays as creative director. Deal valued at ~$500 million.
TSMC Revises Global Chip Market Forecast to $1.5 Trillion, Highlighting AI-Driven Capacity Squeeze
TSMC increased its 2030 global semiconductor market forecast to $1.5 trillion, driven by AI demand. AI and high-performance computing are expected to represent 55% of the market.
Alphabet's Global Bond Blitz Fuels AI Spending Spree
Alphabet is tapping global bond markets with its first yen-denominated sale as part of a $60 billion debt push to fund AI expansion. Google Cloud revenue rose 63% last quarter.
Venture Global Soars 16% on Strong 2026 Guidance and New LNG Deals
Venture Global shares jumped 16% after the company boosted its 2026 earnings guidance and announced new LNG supply agreements with TotalEnergies and Vitol.
Market Movers: RELX, Capricor, and Global Tensions Shape Trading
RELX drops 8.8% in a week, Capricor soars 387% annually, US-Iran tensions drive crude oil volatility, and other key market movers on May 10, 2026.
Global Markets Tumble as Geopolitical Tensions and Oil Surge Weigh on Sentiment
Global markets fell Monday as rising Middle East tensions pushed oil above $100 and bond yields to five-week highs, while Indian indices closed higher but opened lower on Tuesday.
XCF Global Targets June Restart for SAF Plant, Sets $120M Revenue Goal
XCF Global aims to restart its New Rise Reno SAF plant in June, targeting $110-$120M net revenue by 2027, with a pending merger with DevvStream and Southern Energy Renewables.
Zeta Global Stock Surges on AI-Driven Revenue Jump and Revised 2026 Outlook
Zeta Global shares climbed after Q1 revenue jumped 50% to $396.3M, beating consensus, as its Athena AI agent drove strong adoption and super-scaled customer growth.
Brent Crude Hits $126 as Iran Tensions Threaten Global Oil Supply
Brent crude spiked above $126 a barrel on Thursday as traders priced in an extended Strait of Hormuz closure and potential US military action against Iran.
Sagtec Global Soars on Record Revenue, But Profit Pressures Loom
Sagtec Global shares jumped 38% on record 2025 revenue of $19.1M, up 49%, driven by services growth. But operating income fell 9% and EPS dropped to $0.09, reflecting expansion costs after its Nasdaq IPO.
UAE to Exit OPEC on May 1, Reshaping Global Oil Dynamics
The United Arab Emirates will exit OPEC and OPEC+ on May 1, ending nearly six decades of membership, as it seeks greater production flexibility amid a Middle East supply crunch.
Anta's Global Ambitions: From Chinese Roots to Western Rivalry
Anta Sports reports strong 2025 revenue growth, acquires a stake in Puma, and opens a U.S. flagship, challenging Nike's dominance in China and global markets.
Beijing Warns US Chip Export Bills Threaten Global Supply Chain Stability
China warned that US export-control bills targeting semiconductors could disrupt global chip supply chains, following House panel approval of the MATCH Act.
Citi Wealth Partners with Advyzon for Global Unified Managed Account Platform
Citi Wealth is teaming up with technology provider Advyzon to introduce a worldwide unified managed account platform starting in late 2026. The system will consolidate various investment vehicles, including alternatives, into single accounts.
Global Markets Rally on Geopolitical Easing and Commodity Surge
Global equities and commodities advanced sharply on April 16, 2026, driven by optimism over easing Middle East tensions and a weaker U.S. dollar. Cotton futures rallied over 90 points, while Hong Kong's Hang Seng TECH Index jumped nearly 3% and Indian benchmarks surged.
Amazon's Globalstar Move Heightens Focus on SpaceX's Record IPO Valuation
Amazon's major satellite acquisition intensifies the market's focus on SpaceX's upcoming IPO, which seeks a historic $1.75 trillion valuation. The offering's roadshow is set for early June, with retail investors potentially receiving an unusually large 30% share allocation.
Mild Weather Dampens Global Natural Gas Demand, Pressuring Prices
Natural gas prices declined in the U.S. and Europe on Tuesday, pressured by mild weather reducing heating demand and ample storage levels. U.S. spot prices in Texas remained negative for a historic 47th consecutive day.
Amazon Strikes $11.6B Deal for Globalstar to Accelerate Satellite Network
Amazon has entered an agreement to purchase satellite communications firm Globalstar in a deal valued at approximately $11.6 billion. The acquisition is designed to bolster Amazon's low-Earth orbit satellite constellation and accelerate its push into direct-to-device connectivity.
U.S. Naval Blockade Sparks Oil Price Surge, Global Market Jitters
The U.S. imposition of a naval blockade on Iranian port traffic has triggered a sharp spike in global oil prices and a sell-off in U.S. stock futures, with Brent crude surging past $100 a barrel.
Oil Crisis Intensifies as Brent Hits 2008 Peak, Hormuz Blockade Sparks Global Fuel Fears
Global oil markets face severe strain as Dated Brent crude reaches $141.37 per barrel, a level not seen since 2008, amid an ongoing blockade of the critical Strait of Hormuz shipping lane. U.S. gasoline prices are projected to surge toward $5 per gallon while European officials consider fuel rationing measures.
Global Markets Rally on Geopolitical Ease; Microsoft, Marvell Gain on AI Bets
Global equities advanced Wednesday as signs of easing Middle East tensions spurred a risk-on rally. Microsoft gained on a major AI infrastructure investment, while Marvell Technology surged following a strategic partnership with Nvidia.
Global LNG Disruptions Propel U.S. Natural Gas Prices Above $3
U.S. Henry Hub natural gas futures gained over 3% to hold above $3, supported by supply outages at major LNG facilities in Australia and critically low gas storage levels in Europe.