Fervo Energy (FRVO) is making its Nasdaq debut on May 13, following its IPO that raised $1.89 billion. The company aims to deliver carbon-free power by accessing geothermal energy, utilizing drilling techniques from the oil and gas industries. Fervo Energy co-founder and CEO Tim Latimer speaks with Julie Hyman about the provider's geothermal projects and partnership with Google (GOOG, (GOOGL).

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Crypto

Paybis secures MiCA, payment licenses in Latvia for EU crypto expansion

CointelegraphMay 13, 2026

Paybis has secured both a MiCA crypto licence and a PSD2 payment institution licence from Latvia’s central bank, becoming the first company in the country to hold both simultaneously.

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Market

Latvian government loses majority in parliament over handling of Ukraine drone incidents - Reuters

ReutersMay 13, 2026

Latvian government loses majority in parliament over handling of Ukraine drone incidents Reuters

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