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Unitree IPO Soars 460% As "Strong Retail Appetite" May Ignite Physical AI Listing Boom
Unitree IPO Soars 460% As "Strong Retail Appetite" May Ignite Physical AI Listing Boom
Summary:
Unitree Soars 460% in Shanghai IPO
Solactive China Humanoid Robotics Index Plunges As IPO "Drew Funds Away"
Unitree IPO 5,550 Times Oversubscribed As UBS Says Grey Market Points To 3.5x Open
Unitree Robotics, one of the most closely watched technology IPOs in Shanghai this year, made its trading debut earlier Wednesday and closed up a staggering 460%. The Chinese humanoid robot maker raised 6.1 billion yuan, or about $904 million.
The Hangzhou-based company, formerly known as Yushu Technology Co., climbed...
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Jun 24, 2026 / Tyler Durden
72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage
72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage
WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease.
Bloomberg noted that option markets are positioning for ongoing normalization. Put volume is exceeding calls, with some of the heaviest trading in August and September expiries between $60 and $68. The September $60 strike put is one...
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Jul 3, 2026 / Tyler Durden
Cafe Bombing Kills 9, Wounds 22, In Busy Court Area Of Central Damascus
Cafe Bombing Kills 9, Wounds 22, In Busy Court Area Of Central Damascus
On Thursday a bomb ripped through crowded cafe in central Damascus, killing at least nine people and wounding 22 others, in an attack very near the main entrance of the Palace of Justice - in an area frequented by lawyers, courthouse employees and visitors.
Al Jazeera correspondent Obaida Hitto, who reported from the scene in the aftermath, stated that "The casualties are higher because it is such a busy area." The death toll could rise given that many bystanders...
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Apr 10, 2026 / Tyler Durden
OpenAI Pauses U.K. Stargate Over "Regulation And Power Costs"
OpenAI Pauses U.K. Stargate Over "Regulation And Power Costs"
OpenAI's broader Stargate push to build next-generation AI infrastructure in the UK has been put on hold, with the company citing regulatory conditions and high energy costs as major obstacles to long-term investment. That outcome is hardly surprising: Britain, like much of dying Europe, has layered on regulatory burdens, while years of backfiring 'green' energy policies have left power costs structurally elevated. It's a toxic mix for power-hungry AI data center buildouts.
"We see huge potential for the UK's AI future,"...
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