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Fervo Energy Co.

16.10

-0.8200-4.85%

Volume:297.52K

Turnover:4.91M

Market Cap:4.74B

PE:-36.02

High:17.15

Open:16.92

Low:16.06

Close:16.92

52wk High:42.65

52wk Low:16.06

Shares:294.64M

Float Shares:70.00M

Volume Ratio:1.37

T/O Rate:0.43%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-0.4470

EPS(LYR):-7.8654

ROE:-8.62%

ROA:-3.22%

PB:1.70

PE(LYR):-2.05

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Overview Company News Filings

Three new option listings on May 15th

Stock Track | Fervo Energy Plummets 8.07% Intraday Following Recent Class A IPO Completion

Fervo Energy amends and restates bylaws ahead of Class A IPO

These Stocks Are Today's Movers: Coinbase, Cerebras, Cisco, Ondas, Micron, Nvidia, Intel, Ford, and More -- Barrons.com

Stock Track | Fervo Energy Soars 5.16% Intraday Following Blockbuster IPO Debut and Strong Investor Appetite for Energy

Stock Track | Fervo Energy Plunges 5.17% in Pre-Market as Investors Take Profits After Blockbuster IPO

Fervo, Cerebras: It's a Big Week for IPOs -- WSJ

Tech Can Crown the Next Superpower as Trump and China Face Off -- Barrons.com

Top News Today: Stocks Mixed After Hot Wholesale Inflation Data

These Stocks Are Today's Movers: Fervo Energy, Ford, Micron, Nvidia, Nebius, Alibaba, Coherent, Wolfspeed, Akamai, Nextpower, and More -- Barrons.com

Stock Track | Fervo Energy Soars 33.33% in Intraday Trading on Strong IPO Debut

BUZZ-U.S. STOCKS ON THE MOVE -Fervo, Sensata Technologies, Akamai

Fervo Energy Shares Rise in Nasdaq Debut

MT Newswires Live

Geothermal-Champion Fervo Energy's Shares Soar in Trading Debut -- WSJ

Fervo Energy valued at $10.21 billion as shares rise in Nasdaq debut

Fervo Energy Shares Open at $36 in Nasdaq Debut VS $27 IPO Price

THOMSON REUTERS

NASDAQ TRADE HALT IPO SECURITY RELEASED FOR QUOTATION AT 10:52 AM

Bill Gates-Backed Fervo Energy Is a Hot IPO. The Stock Starts Trading Today. -- Barrons.com

BUZZ-Fervo Energy set to debut above offer price after upsized $1.89 bln IPO

Stocks to Watch Wednesday: Nvidia, Walmart, Micron, Samsung -- WSJ

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Stocks were rising Thursday following economic reports that showed retail sales coming in healthy and jobless claims showing the U.S. labor market remains strong. Investors pushed the Dow Jones Industrial Average near its record closing high from Feb. 10 and the S&P 500 continued to advance after closing at a record high Wednesday.Cisco Systems surged 13% after the networking company showed off its artificial-intelligence credentials with a strong fiscal third-quarter earnings report. The shares surpassed their dot-com era high in December and had risen more than 30% for the year as of Wednesday's close of trading.Fervo Energy advanced 4.3% to $38.12. The geothermal energy stock jumped 35% on Wednesday in its trading debut on the Nasdaq. 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Track | Fervo Energy Soars 5.16% Intraday Following Blockbuster IPO Debut and Strong Investor Appetite for Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=1193465693","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1193465693?lang=en_us&edition=fundamental","pubTime":"2026-05-15 02:26","pubTimestamp":1778783193,"startTime":"0","endTime":"0","summary":"Fervo Energy Co.'s stock surged 5.16% during intraday trading on Thursday, continuing the positive momentum from its recent market debut.The geothermal energy developer's shares are riding a wave of...","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1101339142","title":"Stock Track | Fervo Energy Plunges 5.17% in Pre-Market as Investors Take Profits After Blockbuster IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1101339142","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1101339142?lang=en_us&edition=fundamental","pubTime":"2026-05-14 21:07","pubTimestamp":1778764053,"startTime":"0","endTime":"0","summary":"Fervo Energy Co. (FRVO) experienced a pre-market plunge of 5.17% on Thursday, a notable pullback following its highly successful public debut earlier in the week.The decline represents a natural...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635716115","title":"Fervo, Cerebras: It's a Big Week for IPOs -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2635716115","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635716115?lang=en_us&edition=fundamental","pubTime":"2026-05-14 18:45","pubTimestamp":1778755500,"startTime":"0","endTime":"0","summary":"A new entrant to the Nasdaq is set to test the strength of the IPO market today-and offer investors another way to bet on artificial intelligence.Cerebras Systems , an AI chip maker backed by OpenAI's Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.00 a share, higher than an earlier guided range, making its IPO the biggest in the U.S. so far this year.Investors will be watching to see whether its stock pops on its inaugural day of trading, a day after another newly-listed company made a splash on its public debut.Shares of geothermal developer Fervo Energy  soared about 35% on their first day of trading, a sign of investor appetite for energy companies as the U.S. faces record amounts of new power demand.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635621716","title":"Tech Can Crown the Next Superpower as Trump and China Face Off -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2635621716","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635621716?lang=en_us&edition=fundamental","pubTime":"2026-05-14 18:43","pubTimestamp":1778755380,"startTime":"0","endTime":"0","summary":"\"Nothing stops this train,\" a menacing line uttered by the drug dealing Walter White in TV show Breaking Bad, feels appropriate to the unrelenting surge in tech stocks that has powered U.S. markets to a series of record highs.Neither faster inflation and rising bond yields nor a surprise elevation of Taiwan's independence into talks between President Donald Trump and China's leader Xi Jinping earlier today in Beijing, appear powerful enough to keep the tech train from driving stocks ever higher into next week's first-quarter earnings from Nvidia.AI chip maker Cerebras set an IPO price Wednesday evening that puts the listing proceeds at up to $6.4 billion and gives it a market value of about $55 billion. Its trading debut is Thursday.Cisco Systems, the old tech stalwart now diving headfirst into the global AI pool, blasted Wall Street's earnings forecasts last night, taking its 2026 stock gain to around 55%.The moves cement the case for tech's market-leading momentum, which has powered 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News Today: Stocks Mixed After Hot Wholesale Inflation Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2635755237","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635755237?lang=en_us&edition=fundamental","pubTime":"2026-05-14 04:39","pubTimestamp":1778704740,"startTime":"0","endTime":"0","summary":"TREASURYS: Treasury yields rose in the wake of the inflation data.COMMODITIES: Oil futures settled lower in a choppy session with no change seen in the situation around the Strait of Hormuz.Prices charged by producers rose by 1.4% in April from the month before, blowing past March's 0.7% increase, according to the Labor Department's producer-price index published Wednesday. Economists polled by The Wall Street Journal were expecting a 0.5% rise.Textbook monetary policy prescribes looking through sudden supply shocks such as higher oil prices. Collins, delivering remarks in Boston, said more than five years of above-target inflation have reduced her patience for bringing down price increases. She said it will likely be necessary to maintain the current, restrictive monetary policy \"for some time.\". Cisco reported adjusted earnings for the quarter ended April 26 of $1.06 a share on revenue of $15. bil","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0792757196.USD","LU1571399168.USD","BK4007","US2Y.BOND","IE00BKVL7J92.USD","BK4588","CSCL","LU1046421795.USD","LU0320765646.SGD","LU1267930813.SGD","NFLX","US10Y.BOND","BK4135","BK4560","LU0203347892.USD","SG9999001424.SGD","LU2462157665.USD","BK4539","LU2237443549.SGD","SG9999015978.USD","LU1674673428.USD","LU2237443895.HKD","LU1196500208.SGD","BK4187","LU1880398471.USD","LU0889566641.SGD","BK4081","IE00BZ1G4Q59.USD","LU1162221912.USD","LU2417539215.USD","LU1880398554.USD","BK4525","LU2236285917.USD","BK4533","BK4612","LU0098860793.USD","LUNL","IE00B3PB1722.GBP","BK4602","BK4526","LU1169589451.USD","BK4096","LU1244550221.USD","LU1585245621.USD","LU0950375773.USD","LU2506952170.USD","LU1894683348.USD","ONDG","LU2286300806.USD","ONDU","IE00BDGV0183.EUR","LU2506951958.HKD","BK4550","BK4579","ONDL","FRVO","IE00BSNM7G36.USD","CSCO","BK4603","LU2237443622.USD","LU2237443465.HKD","US3Y.BOND","LU2506952097.USD","IE00BVYPNV92.GBP","LU0868494617.USD","BK4023","LU1894683264.USD","LU0868494708.USD","LU0731783394.SGD","BK4585","IE00B3T34201.USD","BK4095","IE00B1BXHZ80.USD","LU1244550577.SGD","LU1235294995.USD","LU0053671581.USD","BK4519","LU2237443978.SGD","LU2456880835.USD","BK4190","BK4515","SG9999001440.SGD","BK4020","LU2237443382.USD","LU1059921491.USD","LU1929549753.HKD","LU1599440770.SGD","04333","IE00BGHQF631.EUR","IE000M9KFDE8.USD","LU0823417653.USD","SG9999015986.USD","LU1883839398.USD","LU1823568750.SGD","SG9999015945.SGD","LU1066051811.HKD","CSCS","BK4527","SG9999002224.SGD","IE00B42XCP33.USD","LU0942090050.USD","US6M.BOND","SG9999002232.USD","BK4141","LU2506951875.HKD","LU0203345920.USD","LU1066053197.SGD","BK4196","LU1674673691.USD","US7Y.BOND","LU1066051225.USD","EQX","IE00BVYPNW00.USD","LU2247934214.USD","BK4213","BK4534","ORLA","LU1221951129.SGD","LU0823417737.USD","LU1430594728.SGD","US30Y.BOND","LU2102340556.USD","OBDC","US5Y.BOND","SG9999015952.SGD","LU1244550494.USD","IE00BFXG1179.USD","LU1032955483.USD","LU0348723411.USD","BK4139","BK4584","BK4581","US12M.BOND","LU0234570918.USD","BK4146","LU1066051498.USD","LU1169590202.USD","LU1506573853.SGD","BK4108","IE00BFMHRM44.USD","LU1778281490.HKD","LU0234572021.USD","LU1221951046.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635732093","title":"These Stocks Are Today's Movers: Fervo Energy, Ford, Micron, Nvidia, Nebius, Alibaba, Coherent, Wolfspeed, Akamai, Nextpower, and More -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2635732093","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635732093?lang=en_us&edition=fundamental","pubTime":"2026-05-14 02:22","pubTimestamp":1778696520,"startTime":"0","endTime":"0","summary":"By Mackenzie Tatananni, George Glover, Joe Woelfel, and Kit Norton. Stocks were mostly higher Wednesday as investors responded to the latest U.S. wholesale inflation report showing producer prices soared in April, raising the chance of higher interest rates by the end of the year. Investors also awaited President Donald Trump's meeting with Chinese leader Xi Jinping in Beijing.Micron Technology jumped 3.8%, Nvidia added 2.2%, and Qualcomm gained 2.6% as investors moved back into chip stocks, which have helped power the market higher in recent weeks. Micron CEO Sanjay Mehrotra, Nvidia CEO Jensen Huang, and Qualcomm CEO Cristiano Amon were among the executives traveling to China with Trump.Akamai Technologies added 6% to $158.50. Bank of America upgraded the cloud computing company to Buy from Neutral, hiking its stock price target to $175 from $130. That price target currently represents around 10% upside. The upgrade came after Akamai announced last week a $1.8 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(FRVO) saw its stock price soar 33.33% during intraday trading on Wednesday, marking a dramatic start to its life as a public company.The geothermal energy developer made its Nasdaq...","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635734431","title":"BUZZ-U.S. STOCKS ON THE MOVE  -Fervo, Sensata Technologies, Akamai","url":"https://stock-news.laohu8.com/highlight/detail?id=2635734431","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635734431?lang=en_us&edition=fundamental","pubTime":"2026-05-14 01:36","pubTimestamp":1778693818,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE  -Fervo, Sensata Technologies, AkamaiWorkspace search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call 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Energy Shares Rise in Nasdaq Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2635734198","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635734198?lang=en_us&edition=fundamental","pubTime":"2026-05-14 01:33","pubTimestamp":1778693636,"startTime":"0","endTime":"0","summary":"Fervo Energy (FRVO) stock was up over 40% in Wednesday trading following its Nasdaq debut.The stock was trading at $37.88 apiece after opening at $36 per share, higher than the $27-per-share initial public offering price.Price: 37.88, Change: +10.88, Percent Change: +40.30","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["NQmain","FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635734985","title":"Geothermal-Champion Fervo Energy's Shares Soar in Trading Debut -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2635734985","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635734985?lang=en_us&edition=fundamental","pubTime":"2026-05-14 01:28","pubTimestamp":1778693280,"startTime":"0","endTime":"0","summary":"Shares of geothermal developer Fervo Energy soared in their public-market debut, a sign of investor appetite for energy companies as the U.S. faces record amounts of new power demand.Fervo's stock opened at $36 a share, up 33% from its $27 initial public offering price. It trades on the Nasdaq under the ticker FRVO.Houston-based Fervo uses technology pioneered by oil-and-gas drillers to frack rocks, create geothermal reservoirs and crank out electricity. The company is spending more than $2 billion in Utah to build what it expects to be the world's largest enhanced geothermal project, expected to come online later this year. It has said it can help sate power-hungry data centers, electric vehicles and growing industries.Tim Latimer, the company's chief executive, said in an interview that he saw the IPO as a decisive moment for the geothermal industry, which historically has struggled to attract as much attention from investors as other renewables.The company is still in the process of","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CTEX","FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635573177","title":"Fervo Energy valued at $10.21 billion as shares rise in Nasdaq debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2635573177","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635573177?lang=en_us&edition=fundamental","pubTime":"2026-05-14 01:06","pubTimestamp":1778691993,"startTime":"0","endTime":"0","summary":"Fervo Energy valued at $10.21 billion as shares rise in Nasdaq debutMay 13  - Fervo Energy FRVO.O shares rose 33.3% in its Nasdaq debut on Wednesday, giving the geothermal energy developer a valuation of $10.21 billion.       ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260513:nL4N41Q1JB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635731758","title":"Fervo Energy Shares Open at $36 in Nasdaq Debut VS $27 IPO Price","url":"https://stock-news.laohu8.com/highlight/detail?id=2635731758","media":"THOMSON REUTERS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635731758?lang=en_us&edition=fundamental","pubTime":"2026-05-14 01:03","pubTimestamp":1778691824,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260513:nFWN41Q1K5:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635473519","title":"NASDAQ TRADE HALT  IPO SECURITY RELEASED FOR QUOTATION AT 10:52 AM","url":"https://stock-news.laohu8.com/highlight/detail?id=2635473519","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635473519?lang=en_us&edition=fundamental","pubTime":"2026-05-13 22:52","pubTimestamp":1778683979,"startTime":"0","endTime":"0","summary":"NASDAQ TRADE HALT  IPO SECURITY RELEASED FOR QUOTATION AT 10:52 AM","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260513:nAQN2LYW00:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635733797","title":"Bill Gates-Backed Fervo Energy Is a Hot IPO. The Stock Starts Trading Today. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2635733797","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635733797?lang=en_us&edition=fundamental","pubTime":"2026-05-13 22:32","pubTimestamp":1778682720,"startTime":"0","endTime":"0","summary":"Hot rocks are a hot investment. Investors will find out just how hot today.Fervo Energy, a Houston-based geothermal energy firm that drills deep into the earth to harness steam to generate electricity, sold $1.9 billion worth of shares at $27 a share late Tuesday. The stock will start trading on the Nasdaq today under the ticker FRVO.The capital raise was larger than the $1.3 billion the company initially anticipated, and it values Fervo at a market cap of around $8 billion.Fervo is backed by Bill Gates, who sees geothermal as a clean and reliable way to generate electricity. The company reported just $138,000 in revenue last year and is spending heavily, leading to a $57.8 million loss. But it has partnerships with tech firms like Alphabet, who think geothermal could help it power things like data centers while sticking to its goals to decarbonize 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Energy set to debut above offer price after upsized $1.89 bln IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2635399733","media":"Reuters","labels":["shareholding","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635399733?lang=en_us&edition=fundamental","pubTime":"2026-05-13 22:15","pubTimestamp":1778681704,"startTime":"0","endTime":"0","summary":"BUZZ-Fervo Energy set to debut above offer price after upsized $1.89 bln IPO** Geothermal energy developer Fervo Energy FRVO.O on track to open above offer price in New York debut** Stock recently indicated to open at $40 apiece vs $27 IPO price** Houston, Texas-based FRVO sold 70 million shares in an upsized IPO above latest marketed range of $25 to $26 apiece to raise $1.89 billion** Launched in 2017, FRVO delivers carbon-free power through large-scale deployment of enhanced geothermal systems** Energy demand in the U.S. has risen steeply in recent years, underpinned by the artificial intelligence boom** AI-linked offerings have been at forefront of IPO market this year as investors pile into red-hot sectors** J.P. 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CEO Jensen Huang has at the last minute joined President Trump on his trip to China, where chip-sale restrictions may be among the topics the president discusses with China's Xi Jinping.Other U.S. chip stocks, including Micron Technology , Qualcomm  and Intel , also rallied premarket. Micron and Qualcomm's CEOs are also joining Trump in China.Walmart : The retailer plans to cut or relocate about 1,000 corporate workers, The Wall Street Journal reported. Shares slipped premarket.Fervo Energy : The Google-backed geothermal-energy company is due to make its public debut on the Nasdaq today.Samsung Electronics : Shares in the memory-chip maker initially slumped it failed to reach an agreement with its labor union over how its massive profits are distributed, raising the likelihood of a strike next week. Shares later recovered to close almost 2% higher.ABN Amro : The Dutch bank's stock jumped over 7% in Amsterdam after 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