Greg Abel Finally Puts Berkshire’s Massive Cash Pile to Work
Berkshire Q2 profit jumps 16% to $13B, beating forecasts. CEO Abel cuts cash pile, buys $10B Alphabet stock & accelerates $7.8B buybacks.
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MARA Misses Q2 Revenue and Earnings Estimates as Bitcoin Weakness Hits Results
Revenue hit $174.9M (down 27%), net loss $1.60/share from Bitcoin mark-to-market losses.
Ashland Explores Sale After Takeover Interest From PE Firms and Activist Pressure
Ashland is exploring a potential sale after takeover interest from PE firms like Advent, Apollo & Carlyle, following activist pressure from Ancora.
Evercore Upgrades Intellia After New Hypothesis Explains Nex-z Liver Safety Signal
Intellia stock upgraded after solving liver risk issue; trials resume, new safety steps added, and another drug shows strong results.
US Army to Spend $400 Million on AeroVironment Counter-Drone Lasers
The US Army plans a $400 million deal for AeroVironment’s Locust lasers, the Pentagon’s first production contract for directed-energy counter-drone systems.
Energy Vault Lands Major 1.25 GW Deal to Power AI Data Centers in Texas
Energy Vault partners to deliver 1.25 GW off-grid power for a Texas hyperscaler AI data center, targeting $500–600M revenue in 2026–2027.