Fears Reignite: Partners Group Limits Redemptions and Triggers Sector Selloff
Private equity funds face heavy withdrawals, causing limits and stock drops as investors worry about liquidity and valuations.
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IREN to Build Australia’s Biggest AI Data Center: 800MW Campus in South Australia
IREN will build a huge 800MW AI data center in South Australia, powered by clean energy, creating 500+ jobs by 2028.
T1 Energy Enters Data Center Market with $32M KORE Power Acquisition
Deal adds utility-scale BESS expertise and is expected to deliver $15–20M EBITDA in 2027.
Macy’s Raises Full-Year Forecast After Strongest First Quarter in Years
Macy’s reported its strongest first quarter in years, with comparable sales up 3% and Bloomingdale’s surging 10.2%. The retailer raised its full-year 2026 sales and earnings guidance for the first time in nearly four years.
SpaceX Rewrites the IPO Playbook – $75 Billion at $135 a Share
SpaceX is set to surprise investors with a fixed $135 IPO price, targeting a record $75 billion raise and a $1.75 trillion valuation. The roadshow starts Thursday.
Strong Quarter, Heartless Cuts: GitLab Slashes Workforce and Exits 22 Countries
GitLab cuts 350 jobs, exits countries, and restructures to focus on AI-driven software and automation growth.