Markets News, Sep. 12, 2025: Dow Slips as Nasdaq Closes at Fresh Record; Tesla Leads Tech Stocks Higher
Summary
Gemini made its public market debut and raised $425 million through its IPO. The crypto exchange priced shares above its expected range after strong investor demand and a private placement from Nasdaq. Gemini now plans to push growth in tokenization and card payments alongside its core trading business. The piece also briefly covers Adobe's AI-driven earnings, Tesla's stock rebound, RH's weaker results, bank commentary on rates, Super Micro's NVIDIA-related shipments, and a possible Paramount bid for Warner Bros. Discovery.
Funding
Amount
$425.0M
Total raised
Date
September 12, 2025
Announcement date
Investors
Skydance Media
Lead investors
Company
gemini.com
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
SaaS
Fintech Software
Digital Wallet Software
Linked Companies
Gemini
$100M to $250M