Funding & Business
VC-Backed Firms Head for Fewest US IPOs in a Decade, PitchBook Says
Venture capital-backed companies are on track for the fewest US initial public offerings in a decade, according to data provider PitchBook, even as stock markets hit records and the overall number of divestments continues to climb.
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Funding & Business
PE Firm Exponent Raises More Than €1 Billion for Flagship Fund
European private equity firm Exponent has raised more than €1 billion ($1.2 billion) for its latest flagship fund focused on mid-market investments.
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Funding & Business
JPMorgan: China Targeting Overcapacity May lift Stocks
Wendy Liu, Chief China Equity Strategist at JPMorgan, says Chinese policies aimed at curbing excess capacity may be positive for equities and global trade if executed right. She also sees a potential breakout from range-bound trading for Chinese stocks in the second half of this year. She discusses this with Yvonne Man and Annabelle Droulers on “Bloomberg: The China Show.” (Source: Bloomberg)
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Funding & Business
China’s AI Bet Rises From the Gobi Desert
In a remote part of China’s northwestern Xinjiang region, dozens of data centers rise from the desert. A Bloomberg analysis of documents and company filings found Chinese companies plan to buy more than 115,000 high-tech Nvidia chips – chips the US has banned from being exported to China – to power these centers. K. Oanh Ha discusses the story on Bloomberg Television. (Source: Bloomberg)
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