BTIG Initiates Buy on Zevra After $50M Portfolio Sale and Debt-Free Move
BTIG starts coverage on ZVRA with Buy rating and $23 target after Zevra sells SDX portfolio for $50 million and becomes debt-free.
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HIVE Quadruples AI Data Center Capacity with Major Expansion into British Columbia
HIVE Digital Technologies expands its BUZZ HPC AI infrastructure into British Columbia, quadrupling capacity to support thousands of GPUs and reach major revenue goals – all with no extra building costs.
Abivax Gets a $160 Boost: Jefferies Sees 'Differentiated' Obefazimod as UC Game-Changer
Jefferies starts Abivax coverage with Buy rating and $160 target. Views obefazimod as differentiated UC therapy; Q2 maintenance data de-risked for approval path.
Federal Order Forces Restart: Sable Offshore Resumes Santa Ynez Oil Flow Under Defense Production Act
Trump admin invokes Defense Production Act; Sable Offshore resumes Santa Ynez Unit oil transport via pipeline, targeting 50K bbl/d sales in April amid energy security push.
Micron Stock Rockets as It Completes Taiwan Factory Buy and Fast-Tracks Second AI Chip Plant
Micron just completed a huge Taiwan factory buy and announced a second site by late 2026. Shares soared, lifting other memory stocks too.
Meta Prepares Deep Layoffs Amid AI Spending Surge – JPMorgan Stays Bullish at $825
Meta Platforms may cut 20%+ of its staff (~16K jobs) to counter massive AI spending, per Reuters. A spokesperson called the report "speculative." JPMorgan maintains an Overweight rating with an $825 price target as shares rise.