Copart Expands Used-Car Platform With $1.9 Billion ACV Acquisition
Copart will pay $10.50 a share in cash for ACV, a $1.9B deal. Revenue beat estimates; profit and EPS declined from last year.
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Oracle Beats Q1 Estimates as AI Cloud Demand Surges
Oracle beat Q1 estimates with $19.3B revenue (+30%) and $1.92 adj. EPS. AI demand lifted cloud infrastructure 121%.
Adobe Q3: Small Beat, Raised Outlook, and the 1 Billion User Milestone
Adobe raised targets after a modest Q3 beat. AI ARR jumped 150% and users hit 1B, yet after-hours reaction stayed choppy and mixed.
Constellation Energy to Buy Rhode Island Gas Plant from Shell for $715 Million
Constellation will buy the 609-MW Rhode Island State Energy Center from Shell for $715 million. The deal is expected to close in early 2027.
SolarEdge Slides, Then Rebounds as AI Data-Center Targets Clash With a Soft Q4 Outlook
Investor Day mixed NVIDIA 800V DC progress with a $2.4B 2029 goal and $600M AI revenue target.
SKYX Platforms to Merge With Deako in Smart-Home Expansion Deal
SKYX Platforms will merge with Deako, issuing 25 million shares and gaining builder and hotel access for plug-and-play smart-home products.