Shares of technology companies rose as investors piled back into artificial-intelligence bets.
Shares of Marvell Technology rallied after the chip-design and networking company forecast sustained growth in earnings over the next five years, citing AI demand.
Nvidia-backed cloud-computing startup Lambda is raising up to $4 billion in a final round of fundraising before the company's planned initial public offering.
DayOne Data Centers, an AI infrastructure firm backed by Japanese investment conglomerate SoftBank, is seeking to raise up to $5 billion in a U.S. initial public offering.
Uber Technologies agreed to buy catering platform ezCater for about $2.3 billion in cash, pushing its food-delivery business into a new niche.
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