Esteban Tesson

Kailera makes a splash on Nasdaq as anti-obesity drug frenzy continues

Kailera Therapeutics delivered a standout initial public offering on the Nasdaq, with its shares surging 62.5% in early trading. The company raised $625m by offering approximately 39 million shares at $16, the top of its indicative range, before opening at $26. This performance underscores sustained investor appetite for companies positioned in the obesity treatment space, a rapidly expanding market.

April 17, 2026 at 08:57 pm

Sony and Honda scrap Afeela 1, pivot joint venture strategy

Sony and Honda have decided to terminate the development of their Afeela 1 electric vehicle, marking a strategic shift for their joint venture, Sony Honda Mobility. According to reports from Nikkei, the move aligns with a broader strategic realignment of Honda's electrification roadmap. Both groups now intend to explore new development avenues within their partnership, moving away from the project initially presented as their flagship venture.

April 17, 2026 at 08:28 pm

Cerebras revives IPO plans fueled by AI boom

Cerebras Systems is set to refile for its IPO shortly, relaunching a project originally shelved in 2024. The California-based firm, founded in 2016 and led by Andrew Feldman, had withdrawn its filing to incorporate further financial and strategic disclosures. This comeback occurs amid a more favorable climate, marked by renewed investor appetite for high-growth tech companies, particularly within the artificial intelligence sector.

April 17, 2026 at 08:26 pm

Court orders GE Vernova to maintain Vineyard Wind offshore project operations

A Massachusetts court has compelled GE Vernova to continue work on New England's largest offshore wind farm, amid a multi-hundred-million-dollar contractual dispute with developer Vineyard Wind.

April 17, 2026 at 08:22 pm

Kailera nails its Nasdaq debut on surging demand for anti-obesity treatments

Kailera Therapeutics delivered a standout Nasdaq debut, with the stock jumping 62.5% in its first trades. The company raised $625m by offering about 39m shares at $16, the top of the indicated range, before opening at $26. The showing underscores investors' sustained appetite for companies tied to obesity treatments, a fast-expanding market.

April 17, 2026 at 07:47 pm

Sony and Honda scrap the Afeela 1 and reset their joint strategy

Sony and Honda have decided to end development of their Afeela 1 electric vehicle, marking a turning point in the strategy of their Sony Honda Mobility joint venture. According to Nikkei, the decision fits into a broader Honda rethink on electrification. The two companies now plan to explore new avenues within their partnership, beyond the project initially positioned as its flagship.

April 17, 2026 at 07:26 pm

Cerebras revives its IPO plans, riding the AI boom

Cerebras Systems plans to file the paperwork for its initial public offering soon, reviving an effort it had put on hold in 2024. The California company, founded in 2016 and led by Andrew Feldman, pulled its filing to add more financial and strategic detail. The return comes in a more supportive backdrop, marked by renewed investor appetite for high-growth technology companies, especially in artificial intelligence.

April 17, 2026 at 07:07 pm

Court Orders GE Vernova to Keep Working on Vineyard Wind Offshore Project

A Massachusetts court is forcing GE Vernova to continue work on New England's largest offshore wind farm, amid a contract fight with developer Vineyard Wind over several hundred million dollars.

April 17, 2026 at 06:28 pm

OpenAI launches GPT-Rosalind to accelerate life sciences research

OpenAI has unveiled GPT-Rosalind, an artificial intelligence model dedicated to life sciences, designed to support researchers in the early stages of scientific discovery, from biochemistry to translational medicine.

April 17, 2026 at 04:12 pm

OpenAI launches GPT-Rosalind to speed life sciences research

OpenAI is unveiling GPT-Rosalind, an artificial intelligence model dedicated to the life sciences, designed to support researchers in the early stages of scientific discovery, from biochemistry to translational medicine.

April 17, 2026 at 02:57 pm

Pirelli hikes prices to cushion the impact of Middle East crisis

The iconic Italian tire maker Pirelli is implementing a strategy combining price increases and cost-cutting measures to mitigate the impact of geopolitical tensions on its earnings, while maintaining its medium-term financial targets.

April 17, 2026 at 06:34 am

Netflix slides despite robust earnings as Reed Hastings announces departure

Netflix co-founder Reed Hastings has announced his planned departure in June, marking the end of nearly three decades with the company amid a period of strategic transition and growth consolidation.

April 17, 2026 at 06:25 am

J.B. Hunt beats expectations, reviving hopes for a sustained recovery in US freight

J.B. Hunt exceeded Q1 expectations, bolstered by a recovery in intermodal, brokerage, and truckload volumes, while cost-cutting initiatives supported margins. Shares rose 7.22% as the market interpreted the results as a constructive signal for the US trucking cycle.

April 16, 2026 at 09:27 pm

Future US nuclear reactors to be backed by federal loans

The initial wave of new nuclear reactor projects in the United States is expected to receive direct state financial support through federal loans, as part of a strategy aimed at a long-term revival of the industry.

April 16, 2026 at 09:22 pm

Netflix shares slide after Reed Hastings announces departure despite solid results

Netflix co-founder Reed Hastings said he will step down in June, ending nearly three decades at the company as it navigates a strategic transition and works to lock in growth.

April 16, 2026 at 09:20 pm

Pirelli raises prices to cushion the blow from the Middle East crisis

Italian group Pirelli is rolling out a strategy that combines price hikes and cost cuts to limit the impact of geopolitical tensions on its results, while keeping its medium-term financial targets intact.

April 16, 2026 at 07:39 pm

Israel and Lebanon reach ten-day truce under US mediation

A temporary ten-day ceasefire between Israel and Lebanon, announced by Donald Trump, offers a prospect of de-escalation in a region marked by high tensions, with the stated objective of reviving diplomatic dialogue between the two nations.

April 16, 2026 at 07:19 pm

Meta hikes Quest headset prices in the US amid component supply strains

Meta is raising the prices of its Quest virtual reality headsets effective April 19, citing rising memory chip costs amid heightened supply chain pressures and a strategic pivot toward artificial intelligence.

April 16, 2026 at 07:16 pm

Future US nuclear reactors backed by public loans

The first projects for new nuclear reactors in the United States are expected to receive direct government financial support through federal loans, as part of a strategy aimed at delivering a lasting revival of the industry.

April 16, 2026 at 07:14 pm

Meta raises Quest headset prices in the United States amid component strains

Meta is increasing prices for its Quest virtual reality headsets starting April 19, citing higher memory chip costs, as supply chains face mounting pressure and the company sharpens its strategic focus on artificial intelligence.

April 16, 2026 at 06:36 pm

Israel and Lebanon agree to a ten-day truce under U.S. mediation

A temporary ten-day ceasefire between Israel and Lebanon, announced by Donald Trump, offers a path toward de-escalation in a region gripped by intense tensions, with the stated goal of restarting diplomatic dialogue between the two countries.

April 16, 2026 at 06:00 pm