Supermicro Raises $7 Billion to Fuel Massive AI Server Orders
Supermicro announced a $7 billion equity and equity-linked offering to fund $39 billion in new AI server orders from over 20 customers.
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Cracker Barrel Surprises Wall Street with Q3 Profit Beat and Upgraded 2026 Guidance
Cracker Barrel beat expectations, raised outlook, and saw shares jump as turnaround efforts and strong execution boost confidence.
Activist Hedge Fund Ancora Pushes Ashland to Sell – Stock Could Jump 30%
Activist hedge fund Ancora has built a major stake in Ashland and is demanding the company sell itself. Proxy fight threatened if no progress by September.
DraftKings Reports Massive Growth — $1.3B Consumer Volume in Just One Month
DraftKings’ Predictions platform exploded in May 2026: annualized consumer volume jumped 24% to $1.3 billion and total volume rose 34% to $3.1 billion.
Nuvei in Advanced Talks to Buy Payoneer for $2.7 Billion
The deal would boost cross-border payments and add big clients like Amazon, Walmart, and eBay.
Chinese Cloud Stocks Surge as Beijing Preps $295 Billion Nationwide AI Data Center Plan
The ambitious plan — led by the National Development and Reform Commission and operated by state giants China Mobile and China Telecom — is already lifting shares of GDS Holdings and Vnet Group as Beijing doubles down on domestic AI infrastructure and reduces reliance on foreign chips.