UBS Upgrades Rivian to Buy, Calls 19% Sell-Off a Buying Opportunity Ahead of R2 Ramp
UBS upgrades Rivian to Buy from Neutral with a $17 price target, citing valuation and a buying opportunity ahead of the R2 production ramp.
Feed↓
/ What's going on?
Filter:
Anthropic’s Revenue Hits $17 Billion in Q3 as Amended IPO Filing Reveals Massive Infrastructure Commitments
Anthropic reported roughly $17B in Q3 revenue and $33.24B for the first nine months in its amended IPO filing, alongside $895B in compute commitments.
EVgo Receives $2 Cash Takeover Offer from Majority Shareholder LS Power
LS Power has proposed buying all remaining EVgo Class A shares for $2.00 in cash, a 59% premium. The non-binding offer is under review by an independent board committee.
Oracle Plans $20 Billion Raise Through Stock and Bond Sales for AI Expansion
Oracle is offering $10B in common stock and $10B in notes to support AI and data center expansion as capital spending peaks.
Affle Agrees to Buy Israeli Ad-Tech Firm Perion for $420 Million
Shareholders will receive $11.70 per share, a 34.5% premium to the recent close.
Cipher Digital Recognizes First HPC Revenue, but Stock Stays Flat on Revenue Miss
Cipher Digital’s first HPC lease revenue and $27 million Q3 sales failed to lift shares in premarket as the mining-to-HPC transition continues.