Japanese stocks rise 1.83%, breaking through 65,000 points
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Immunology drug development company Electra (ETRA.US) prices IPO at $15, raising $350 millions, to be listed on Nasdaq tonight
Clinical-stage immunology drug development company Electra Therapeutics Inc. raised $350 million in an upsized U.S. initial public offering (IPO), with the offering price set at the midpoint of the marketed range.
Due to yen weakness and government subsidies, Japan has lowered the price of Tesla (TSLA.US) Model Y to below $23,000.
Tesla’s best-selling electric vehicle model is now being sold at the lowest price globally in Tokyo.
Equities: Strong rebound supported by earnings growth – Danske Bank
Bridgewater: Most AI infrastructure trades are already priced in, only holding a "very small position"
Bridgewater CIO Greg Jensen warns that assets related to AI infrastructure have already been significantly priced in by the market, and the excess return opportunities of two years ago are fading. The fund has reduced its positions to a "very minimal" level. According to system modeling through 2028, the upside potential for assets such as chips and data centers is now very limited and faces risks of financing and construction delays. Bridgewater's strategic focus has shifted to AI disruption and application sectors.
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