Whirlpool Launches $800 Million Stock Offering to Slash Debt – Shares Tumble
Whirlpool (WHR) announces $800M offering of new shares and convertible preferred stock to reduce $6.5B debt and fund growth. Shares fall 8% premarket on dilution fears.
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Whirlpool (WHR) announces $800M offering of new shares and convertible preferred stock to reduce $6.5B debt and fund growth. Shares fall 8% premarket on dilution fears.
Wells Fargo upgrades Qualcomm to Equal Weight with a $150 price target, highlighting big untapped opportunities in AI data centers and inference market growth starting 2027.
IonQ secures a spot on the Missile Defense Agency's huge SHIELD contract worth up to $151B, opening doors for quantum computing, networking, sensing, and security solutions to support national defense.
IBM shares dropped 10% after Anthropic's Claude AI unveiled powerful COBOL modernization tools, shaking up the old programming language market that IBM relies on heavily.
A viral research report paints a scary AI future with high unemployment and crashing markets despite productivity gains. Software and payments stocks tank as investors react to the "what if AI success is bad?" scenario.
Nio smashed records by delivering 1 million battery swaps in under a week in China during the 2026 Lunar New Year travel rush, with daily highs topping 177,000 – proving battery swapping is booming for EVs.