The classic stock market bubble is an informational vacuum suspended within a sphere of gloss. The bubble that has enveloped ...

What does Rick Perry know about data centers? Enough to soon make him a very wealthy man. Fermi America, a real-estate investment trust (REIT) cofounded by the former Texas governor and Trump energy ...

Shares of the Amarillo, Texas-based company rose 55% from an initial public offering price of $21 to close at $32.53 on Wednesday, Bloomberg reported. Fermi's performance is an indication of investors ...

Sept 30 (Reuters) - Fermi, a data center real estate investment trust co-founded by former U.S. energy secretary Rick Perry, said on Tuesday it raised $682.5 million in its U.S. initial public ...

The Texas AI boom is about to get very real. A high-profile IPO this week could make former Texas Gov. Rick Perry—and his family—very wealthy. Fermi Corp., a nuclear-powered artificial intelligence ...

Fermi prices IPO at $21, stock opens at $25 Data center REIT fetches $14.8 billion valuation Fermi's political ties seen as a tailwind Oct 1 (Reuters) - Fermi's (FRMI.O), opens new tab shares opened ...

Backed by former U.S. energy secretary and Texas governor Rick Perry, AI power startup Fermi went from nonexistent to an October IPO with a mammoth $16 billion market cap in less than a year without ...

Fermi Inc. shares rose 55% in their debut after the energy real estate investment trust raised $682.5 million in its US listing, the latest sign of investors’ hunger for exposure to a boom in ...

(Reuters) -Fermi's shares opened 19% above the offer price in their Nasdaq debut on Wednesday, valuing the data center real estate investment trust at $14.8 billion amid surging investor enthusiasm ...

Fermi Inc. (FRMI), the data center REIT co-founded by former U.S. Energy Secretary Rick Perry, offered 32.5M shares through an initial public offering priced at $21 apiece, toward the upper end of its ...

The data center real estate investment trust (REIT) debuted at $25 on Wednesday, marking a 19% increase from its $21 initial public offering (IPO) price, and giving the company a valuation of $14.8 ...