US Judge Orders 14-Day Pause on $110 Billion Paramount-Skydance Warner Bros. Merger
12 states’ lawsuit creates new uncertainty and ticking fees pressure.
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Magnolia Oil & Gas Acquires WildFire Energy in $4.06 Billion Deal to Expand South Texas Footprint
The deal adds over 810,000 net acres, boosts production by 53,000 boe/d, and includes key infrastructure assets.
Archer and Anduril Unveil Thunder: Autonomous Hybrid VTOL for Commercial and Defense Missions
The autonomous platform offers extended range and is set for first flight in 2027.
Microsoft Deploys AMD Helios Racks in Azure, Boosting AMD’s Push Against Nvidia Dominance
Lower cost per token and strong TCO position AMD to gain AI market share from Nvidia.
Seaport Downgrades Birkenstock to Neutral on Weak Q2 Retail Demand
Seaport downgraded Birkenstock as weaker Q2 sales, fewer store orders, and economic pressures may hurt near-term growth.
IREN Secures $2.8 Billion in AI Cloud Contracts, Raises 2026 Revenue Target to Over $4 Billion
IREN has rapidly expanded its AI Cloud capacity from 3 MW to 480 MW delivered, with a target of 1.2 GW by 2027.