Category: Latest News
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LandBridge Shares Climb Following Strategic Data Center Power Deal with NRG
LandBridge Company LLC (NYSE:LB) shares jumped 5.8% in premarket trading Tuesday after the company announced a strategic partnership with NRG Energy, Inc. for a potential data center project in Reeves County, Texas. The agreement lays out plans for a potential 1,100 MW grid-connected natural gas power facility that NRG could construct if it secures a…
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Plug Power Shares Jump After Georgia Plant Hits Record Hydrogen Output
Plug Power Inc (NASDAQ:PLUG) stock surged 10% in premarket trading Tuesday after the company reported record green hydrogen production at its Georgia facility. The Georgia plant produced 324 metric tons of green hydrogen in August 2025, marking its strongest month to date. Operational performance was notable, with 97% uptime and 99.7% availability, highlighting the reliability…
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Royal Caribbean Locks in Shipbuilding at Meyer Turku Through 2036
Royal Caribbean (NYSE:RCL) has finalized an agreement granting it shipbuilding rights at Finland’s Meyer Turku shipyard through 2036, the company announced Tuesday. Under the deal, the cruise line confirmed an order for Icon 5, slated for delivery in 2028, though the order remains contingent on financing. The agreement also includes an option to construct Icon…
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Meta Broadens Llama AI Access to Key U.S. Allies for Defense Use
Meta Platforms (NASDAQ:META) revealed that it is widening access to its Llama AI models for defense and national security purposes among more of the United States’ strategic allies. The expansion now includes France, Germany, Italy, Japan, and South Korea, along with NATO and European Union bodies. Previously, Llama access had been limited to U.S. government…
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Fold Shares Surge on Stripe Partnership for Bitcoin Rewards Card
Fold Holdings, Inc. (NASDAQ:FLD) saw its stock soar 60% after announcing a partnership with Stripe to power its upcoming Fold Bitcoin Credit Card™, which will operate on the Visa network. The new card will allow users to earn up to 3.5% back in bitcoin on every purchase, with no spending categories or deposit requirements. Cardholders…
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IonQ Shares Climb Following Quantum Networking Breakthrough
IonQ (NYSE:IONQ) stock jumped 4% Tuesday morning after the company revealed a major advancement in quantum networking, successfully converting quantum signals to telecom wavelengths. In collaboration with the Air Force Research Lab (AFRL), IonQ transformed photons from the visible spectrum used in its trapped barium ion systems into telecom wavelengths on a prototype setup. This…
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CoreWeave Shares Rise on Wall Street Upgrades Amid Strong AI Demand
CoreWeave Inc. (NASDAQ:CRWV) saw its stock climb 2.5% in premarket trading after two Wall Street firms upgraded the cloud-computing company, highlighting robust AI-related demand and ongoing supply constraints in the sector. Melius analyst Ben Reitzer raised CoreWeave’s rating from Hold to Buy, setting a price target of $165.00. Meanwhile, Wells Fargo analyst Michael Turrin upgraded…
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Scholar Rock Shares Drop After FDA Issues Response Letter for SMA Therapy
Scholar Rock (NASDAQ:SRRK) shares fell 14% on Tuesday following the U.S. Food and Drug Administration’s (FDA) issuance of a Complete Response Letter (CRL) regarding the company’s spinal muscular atrophy (SMA) treatment, apitegromab. The FDA’s concerns stemmed exclusively from findings during a routine inspection of Catalent Indiana LLC, a third-party fill-finish facility recently acquired by Novo…
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AutoZone Q4 Profits Fall Short as LIFO Charge Pressures Margins
AutoZone, Inc. (NYSE:AZO) reported fourth-quarter earnings that missed analyst forecasts, as a substantial LIFO accounting charge weighed on profitability despite solid same-store sales performance. Shares of the automotive retailer fell over 4% following the report. For the 16-week period ending August 30, 2025, AutoZone posted adjusted earnings per share of $48.71, below the analyst consensus…
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SPAC News From The Last Seven Days
The Last Week’s Deals Willow Lane Acquisition Corp. (NASDAQ:WLAC) announced a deal to acquire Boost Run, reflecting an enterprise value of $614mm. The deal is expected to close in Q4 2025. ESH Acquisition Corp. (NASDAQ:ESHA) announced a deal to acquire next-generation health and wellness group The Original Fit Factory. This reflects an equity value of…