SharonAI Announces $1.32B Five-Year AI Cloud Agreement, Boosts Capacity to 132 MW
New Zealand AI Factory launch boosts capacity to 132 MW with 62,000+ NVIDIA GPUs expected by mid-2027. B. Riley maintains Buy rating.
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U.S. Army Nears Major Contract with AeroVironment for New High-Energy Laser System
Raymond James upgrades AVAV to Outperform with $210 target.
Uber’s Largest Acquisition Ever: $14.8 Billion Takeover of Delivery Hero
The deal creates a massive food delivery network spanning 99 countries.
Distribution Solutions Group to Go Private in $1.6 Billion Deal at $35 Per Share
The $1.6 billion deal follows improved terms from the initial $29.50 offer.
GE Aerospace Soars on Services Strength, Raises Outlook Despite Margin Dip
Adjusted revenue up 24%, with significant increases in operating profit and free cash flow.
"AI Megatrend" Fuels TSMC’s Record Quarter; Shares Dip on Capex Jump
TSMC boosted its 2026 capital expenditure to $60–64 billion and announced an extra $100 billion investment in Arizona fabs amid record AI-driven Q2 results.