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Nvidia-backed Fireworks reaches $17.5 billion valuation as demand for cheaper AI models widens

The cost curve in artificial intelligence is compressing, and private capital is adjusting its bets accordingly. Fireworks AI, the inference platform backed by Nvidia, has reached a valuation of $17.5 billion. The number reflects…

By Mateo Fuentes · 2 min read

The Front Page
MARKETSNvidia-backed Fireworks reaches $17.5 billion valuation as demand for cheaper AI models widensJuly 19, 2026/MARKETSAlphabet shares fall as Gemini 3.5 Pro delay report clouds AI rollout timelineJuly 19, 2026/MARKETSSoftBank drops 8% as Wall Street AI sell-off sweeps Asia chip stocksJuly 19, 2026/MARKETSSeven & i shares rise 3% on reported stake talks with Poland's Zabka GroupJuly 19, 2026/MARKETSNetflix shares slide 10% as earnings outlook disappoints and engagement reports narrowJuly 19, 2026/MARKETSWall Street's top analysts flag three dividend stocks for steady income as TipRanks screens the fieldJuly 19, 2026/MARKETSSpaceX stock extends Nasdaq-100 losses after last-second Starship abortJuly 19, 2026/MARKETSAI rotation overshadows a strong start to second-quarter earnings seasonJuly 19, 2026/MARKETSNvidia-backed Fireworks reaches $17.5 billion valuation as demand for cheaper AI models widensJuly 19, 2026/MARKETSAlphabet shares fall as Gemini 3.5 Pro delay report clouds AI rollout timelineJuly 19, 2026/MARKETSSoftBank drops 8% as Wall Street AI sell-off sweeps Asia chip stocksJuly 19, 2026/MARKETSSeven & i shares rise 3% on reported stake talks with Poland's Zabka GroupJuly 19, 2026/MARKETSNetflix shares slide 10% as earnings outlook disappoints and engagement reports narrowJuly 19, 2026/MARKETSWall Street's top analysts flag three dividend stocks for steady income as TipRanks screens the fieldJuly 19, 2026/MARKETSSpaceX stock extends Nasdaq-100 losses after last-second Starship abortJuly 19, 2026/MARKETSAI rotation overshadows a strong start to second-quarter earnings seasonJuly 19, 2026/
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Today's Edition

Markets市場

Alphabet shares fall as Gemini 3.5 Pro delay report clouds AI rollout timeline

The global competition to ship frontier AI models leaves little room for schedule slippage. Alphabet shares fell after a report that Gemini 3.5 Pro, the company's most powerful AI model, has been delaye

By Grace Osei · 2 min

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Markets市場

SoftBank drops 8% as Wall Street AI sell-off sweeps Asia chip stocks

A rout in U.S. semiconductor shares moved east overnight, dragging Japanese AI-linked stocks sharply lower across the region. SoftBank, among the most visible AI-exposed names in Asia, fell 8% as the damage spread. Taiwan…

By Mateo Fuentes · 2 min

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Markets市場

Seven & i shares rise 3% on reported stake talks with Poland's Zabka Group

Convenience retail consolidation in Central Europe is attracting cross-border interest from established operators. Seven & i Holdings Co. shares rose 3% after a report said the company is in

By Jonah Berg · 2 min

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News Desk

Latest from the Desk

Markets市場

Netflix shares slide 10% as earnings outlook disappoints and engagement reports narrow

Streaming's long experiment with radical transparency appears to be unwinding. Netflix fell 10% after an earnings forecast that disappointed investors, with the company separately saying it would p

July 19, 2026 · 2 min

Markets市場

Wall Street's top analysts flag three dividend stocks for steady income as TipRanks screens the field

Against the backdrop of a rate cycle that has kept fixed-income alternatives competitive with equity yields, income-oriented investors are revisiting dividend payers with fresh attention. Top Wall Street analysts, as compiled and…

July 19, 2026 · 2 min

Markets市場

SpaceX stock extends Nasdaq-100 losses after last-second Starship abort

The private space sector's tolerance for delayed milestones is being tested in real time. SpaceX shares fell further on Friday, adding to a decline of nearly 23 percent since the company joined the Nasdaq-100, one session after…

July 19, 2026 · 2 min

Markets市場

AI rotation overshadows a strong start to second-quarter earnings season

July 19, 2026 · 2 min

Markets市場

Shareholder rights firm calls GeneDx Holdings investors to lead WGS securities fraud class action

July 19, 2026 · 2 min

Markets市場

Futu Holdings faces securities class action over alleged CSRC non-compliance disclosures

July 19, 2026 · 2 min

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