The communications-focused real estate investment trust (REIT) named Chief Financial Officer Dan Schlanger as interim chief executive, effective immediately.
Meta stock was the last Magnificent Seven company to dip into the red for the year during the current market downturn, but it has since turned positive.
Earlier, analysts at GLJ Research trimmed their price target for Canadian Solar, citing solar oversupply risks and the company’s inability to sell projects profitably.
James Hardie will acquire AZEK in a $8.75 billion cash and stock deal – AZEK shareholders will receive $26.45 in cash and 1.034 shares of James Hardie for each share of AZEK.
The research firm said that the topline growth would be muted, and margins might be pressured broadly in the sector due to changing consumer preferences and high input costs.
The industrial equipment maker posted adjusted earnings of $0.39 per share for the fiscal second quarter, while analysts expected it to post $0.40 per share.
Oklo signed several power agreements during the quarter, including a 12-gigawatt deal with data center provider Switch. According to the company, this brings total confirmed customer interest to 14 gigawatts.
The brokerage said Ovintiv's portfolio is more focused now than at “any time in its history,” pointing to its core positions in the Midland and Montney Basins.
Chipotle Honey Chicken (CHC) is driving demand, while new equipment retrofits at stores may now cost less than what the company previously estimated, the research firm said.
Loop Capital said Apple is looking to place orders for about $1 billion in Nvidia GB300 NVL72 systems, translating to 250 servers costing roughly $3.7 million to $4 million each.
Analysts at Deutsche Bank said they see multiple paths for Viasat to create equity value for shareholders. One of these includes asset monetization to deleverage the balance sheet materially.
Its net income jumped to $23.3 million, or $1.01 per share, for the quarter ended Dec. 31, compared with $8.4 million, or $0.36 per share, a year earlier.
Recent reports suggest GameStop is exploring alternative investments and speculation grew after CEO Ryan Cohen shared a photo with Michael Saylor, co-founder of MicroStrategy.
Energi Holdings is an Abu Dhabi-based company with $1 billion in revenues. It has operations in the Middle East, Africa, South Asia, Southeast Asia, and Europe.
The store will open in the Avenida Juscelino Kubitschek neighborhood in São Paulo in late April. The expansion is through a minority-interest joint venture with convenience store chain AmPm.
TMTG said the ETFs, made available through Crypto.com’s broker-dealer Foris Capital US, will likely comprise digital assets and securities with a Made in America focus spanning diverse industries such as energy.
Bondholders have requested MicroAlgo convert their bonds into common stock at $0.80 per share to settle the debt. MicroAlgo said it intends to proceed with the issuance.
Macquarie’s Steve Koenig sees multiple upside revenue drivers, including improved net expansions, a pricing model change, and a greater focus on landing new large customers.
Upon completion of the transaction, Dun & Bradstreet will become a privately held company, and its common stock will no longer be listed in any public market.
XRP led altcoin inflows last week with $6.7 million, followed by Solana with $6.4 million. Polygon and Chainlink posted more modest gains, attracting $400,000 and $200,000, respectively.
Novo Nordisk will obtain exclusive worldwide rights to develop, manufacture, and commercialize the drug UBT251, while United Biotechnology will, however, retain the rights to the drug in mainland China, Hong Kong, Macau, and Taiwan.
Bank of America highlighted that billion-dollar weather events now average 23 per year, or nearly twice as many as in the 2010s, and key states like Texas, Florida, and California remain under-penetrated with backup power.
According to TheFly, Mizuho noted that Nio shares are fairly valued at current levels and added that the company’s guidance for deliveries in the first quarter is “weak” owing to seasonality and weaker than expected Onvo deliveries.
The decentralized derivatives exchange dYdX’s buyback program for its governance token allocates 25% of monthly protocol fees to purchasing DYDX from the open market.
The company and some of its subsidiaries had submitted insurance claims and commenced litigation against insurers to recover losses relating to aircraft detained in Russia.
As per JATO Dynamics data, Tesla’s market share in Europe fell to 9.6% in February, the lowest figure recorded during the month over the last five years.
Lower burns indicate reduced network activity, which has slowed for Ethereum recently as traders migrate to cheaper alternatives such as Solana and Tron.
Stock streams of large and mid-cap communication services companies saw increased retail chatter last week, with the activity levels triggered by company-specific news.
A Trump ally laid out a plan detailing the process of transferring ownership of the firms to the proposed sovereign wealth fund, according to a report.
AI is the new avenue for faceoffs between global tech giants, and where Alibaba and Chinese firms broadly have made significant strides in the recent past.
Shares of the EV giant are now down more than 36% this year, with the relative strength index suggesting it is oversold, yet they still trade at a lofty 93x Tesla’s estimated 2025 earnings.
Accenture warned about a potential adverse impact on its topline as the Trump administration’s Department of Government Efficiency (DOGE) is hunting to cut federal costs.
Information technology stocks were buzzing among retail traders on Stocktwits last week as investors weighed in on the growing demand for AI data centers and more.
Metals and mining stocks beat the broader markets to surge last week, as rising gold prices turned retail investors optimistic about the industry’s prospects.
Earlier this month, the company appointed three new directors, including Starboard Value CEO Jeffrey Smith, to its board as part of an agreement with the activist hedge fund after months of back-and-forth.
D-Wave will not receive any proceeds from Lincoln Park's resale, but it expects to receive up to about $37.8 million, which is the remaining availability under the Purchase Agreement
