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GMR Solutions, an ambulance and emergency‑services provider, completed a U.S. initial public offering that raised $479 million, valuing the company at $4.4 billion. The deal reflects growing demand for emergency‑response services and KKR’s continued investment in the sector.
The 4.3% U‑3 unemployment figure masks a 21.4% decline in temporary help employment, a recession‑predicting signal that has appeared every U.S. downturn since 1990.
US semiconductor stocks see mixed signals as trade tensions ease, investors weigh AI demand and earnings outlooks. Key players like NVIDIA, Micron, ON Semiconductor and Amtech face divergent prospects.