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Real-time News
Broadcom (AVGO.O) rose more than 7% in pre-market trading after Morgan Stanley maintained its buy rating on the stock and raised its price target from $470 to $485.June 2nd - German industrial robotics startup Agile Robots is in talks with investors, including SoftBank Group, to raise approximately $800 million in new funding. Investors are currently seeking companies that apply artificial intelligence technology in real-world scenarios. According to sources, SoftBank is in talks to invest over $300 million. SoftBank previously participated in Agile Robots initial funding round. Negotiations are in the early stages, and the final amount and terms are still subject to change. Over the past year, funding and valuations for robotics startups have surged. As AI software becomes more widespread, investors see the potential for applying this technology in real-world scenarios such as manufacturing, logistics, and engineering. According to PitchBook data, global investment in this sector is projected to more than triple by 2025, reaching $27.6 billion.June 2nd - The power receiving work for Unit 7 of the Xibaipo Power Phase IV Project was successfully completed recently. The power receiving was successful on the first attempt, with all electrical parameters normal and protection and control signals providing accurate feedback, marking another key milestone in the projects construction. This power receiving covered the 500kV expansion busbar, the expansion series switch, the main equipment of the standby transformer, the units high-voltage busbar, and the supporting protection and control system. This is another important milestone following the delivery and installation of the main plant and the placement of the generator stator.Iran says repairs to the damaged energy facilities are progressing faster than expected.The head of the International Energy Agencys oil division stated that supplies from the United States, Brazil, Argentina, and Venezuela have all exceeded expectations, but supplies from the Americas can only provide marginal compensation for the supplies lost east of Suez.
