Microsoft Rejects Multibillion-Dollar Expansion of Texas Data Centre Deal with Nscale
Microsoft has rejected an option to more than double its Texas data centre contract with UK AI startup Nscale, a setback ahead of its IPO.
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Unity Shares Surge After Reporting First Profit Since IPO and Record Quarter
Vector grew 126% year-over-year, powering strong revenue and guidance.
Hertz Stock Slides on EPS and EBITDA Miss Despite Strongest Quarterly Results in Three Years
The company highlighted improved pricing, younger fleet age, and better operating spreads as it continues its multi-year transformation.
Core Scientific Shares Rise on Strong Colocation Revenue Growth in Q3
Core Scientific stock rose in premarket after Q3 colocation revenue jumped nearly 60% to $215.4M and adjusted EBITDA more than tripled to $133.6M.
Tapestry Raises Full-Year Outlook as Young Shoppers Drive Strong Coach Bag Sales
Tapestry raises fiscal 2027 guidance after a strong first quarter led by Coach. Younger shoppers fuel growth while Kate Spade lags.
Amazon Replaces Grubhub with Uber Eats as New Prime Delivery Benefit
Amazon swaps Grubhub for Uber Eats, giving Prime members $0 delivery fees on orders over $25 as DoorDash’s $17B Instacart deal intensifies competition.