Google Buys Intersect Power for $4.75B to Fuel AI Data Centers
Alphabet/Google acquires clean energy developer Intersect Power for $4.75 billion to secure power supply for expanding AI data centers amid surging electricity demand.
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Trump Administration Halts 5 Major East Coast Offshore Wind Projects
Trump administration pauses construction of 5 offshore wind farms citing national security concerns. Dominion Energy shares drop 4% as Coastal Virginia project halted.
Biotech Stocks Update: ZBIO, SPRB, CNTX, OVID Ratings
Citi, H.C. Wainwright, JonesResearch, and LifeSci Capital share new ratings and price targets on Zenas BioPharma, Spruce Biosciences, Context Therapeutics, and Ovid Therapeutics.
Janus Henderson to Go Private in $7.4 Billion Acquisition by Trian and General Catalyst
Asset manager Janus Henderson agrees to $7.4B takeover by Trian Fund Management and General Catalyst at $49/share, expected to close mid-2026.
Stanley Black & Decker Sells Aerospace Business to Howmet for $1.8 Billion
Stanley Black & Decker divests aerospace unit to Howmet Aerospace for $1.8B cash. Deal expected to close in first half of 2026, strengthening both companies' positions.
Sidus Space Wins Spot in $151B MDA Defense Contract Program
Sidus Space secures spot in MDA's $151B SHIELD contract program, advancing multi-domain defense capabilities with AI-driven solutions and integrated technologies.