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The euro rose more than 0.50% against the US dollar on the day, currently trading at 1.1751.
2026-05-06
The euro rose more than 0.50% against the US dollar on the day, currently trading at 1.1751.
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2026-05-06
Brent crude oil fell 12.00% on the day, currently trading at $95.89 per barrel.
Brent crude oil fell 12.00% on the day, currently trading at $95.89 per barrel.
2026-05-06
China’s state-backed China Integrated Circuit Industry Investment Fund, known as the “Big Fund,” is in talks to lead DeepSeek’s first fundraising round at a valuation of about $45 billion, with investors including Tencent also in discussions, though
China’s state-backed China Integrated Circuit Industry Investment Fund, known as the “Big Fund,” is in talks to lead DeepSeek’s first fundraising round at a valuation of about $45 billion, with investors including Tencent also in discussions, though the lineup is not finalized. Founder Liang Wenfeng, who controls about 89.5% of the company, may also invest personally, and while the initial goal was a smaller raise to support employee retention via stock options, the higher valuation could lead to a larger funding round to expand computing capacity.
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