Sequoia Capital, one of the largest and most prominent venture capital firms, has raised about $7 billion for a new fund according to people familiar with the discussions — the first fresh fundraising under Sequoia’s new leadership.

EagleRock Land LLC filed for an initial public offering as the Permian Basin landowner and management company seeks to expand holdings and attract power generation, data centers and other industrial developments that could benefit from being near energy sources.

Manycore Tech Inc. built a billion-dollar valuation in China’s once-sizzling real estate market. Now, the software unicorn is betting on robotics and AI for its second act.

Netflix Inc. gave a forecast for the second quarter that fell short of analysts’ expectations, sending the shares tumbling in extended trading.

Kailera Therapeutics Inc., a clinical-stage biotechnology company focused on obesity, raised $625 million in an upsized initial public offering, marking the sector’s biggest US listing since 2021.

Television shopping network QVC Group filed for bankruptcy Thursday as part of a plan to cut more than $5 billion of debt, as declining viewership and a shift to online retail weighed on sales and squeezed margins.

Oil dropped in early Asian trading after President Donald Trump expressed optimism about securing a permanent ceasefire with Iran ahead of the expiry of the current truce next week.

Gold headed for a fourth weekly gain after President Donald Trump expressed optimism that the US and Iran could agree a permanent ceasefire to end the war that’s upended markets and heightened inflation fears.

Oil fell as President Donald Trump struck an optimistic tone on prospects for a permanent ceasefire between the US and Iran.

There’s no stopping the artificial intelligence financing boom, with a record deal involving Google-backed data centers and an add-on sale by cloud infrastructure firm CoreWeave Inc. raising a combined $6.7 billion in new junk debt.