Nvidia Tumbles as Big Tech Bets Big on Its Own AI Chips
Nvidia fell as big tech boosts AI spending but builds its own chips, reducing reliance on Nvidia despite higher overall investment.
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Blue Owl Stock Surges After Selling Half of SpaceX at $1.25 Trillion Valuation
Blue Owl Capital shares jumped after reporting strong Q1 fee-related earnings and revealing it sold half its SpaceX stake at a $1.25 trillion valuation — making 10x its investment.
ADW Capital Offers $18 Cash Per Share to Buy Driven Brands
ADW offers $18/share to buy Driven Brands, ~40% premium, says stock is undervalued and urges full company sale.
MARA Buys $1.5B Power Plant to Build Giant AI Campus in Ohio
MARA buys Ohio power plant campus for $1.5B to expand AI/data centers, boosting power capacity and future growth.
Royal Caribbean Beats Q1 Expectations But Cuts Full-Year Forecast on Fuel Costs
Royal Caribbean beat Q1 expectations with strong demand, but cut its full-year outlook due to higher fuel costs and global tensions.
Hertz Surges as Oro Mobility Partners with Uber to Launch Robotaxi and Driver Fleets
Hertz jumps after teaming with Uber to run robotaxis and driver rides, expanding into self-driving and shared mobility markets.