Hut 8 Secures Massive $7 Billion AI Data Center Deal
Hut 8 signed a 15-year lease for a 245 MW AI data center at River Bend Campus, backed by Google and involving major financial and engineering partners.
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Trump Plans to Limit Defense Contractor Payouts for Delayed Projects
Trump administration considers executive order restricting dividends, buybacks, and executive pay for defense contractors with over-budget, delayed projects.
JPMorgan Turns Cautious on Fortinet as Competition Intensifies
JPMorgan downgraded Fortinet to Underweight, cutting its price target to $75, citing growth risks and stronger competition from larger platform vendors.
Lennar's Q1 Home Order Forecast Misses Estimates Amid Market Pressures
Lennar Corp. projects lower-than-expected first quarter home orders as affordability issues and job market weakness keep buyers hesitant. Shares declined in after-hours trading.
The Children's Place Reports Major Q3 2025 Loss, Missing Expectations
The Children’s Place reported dismal third-quarter results, posting a major loss, missing revenue targets, and struggling with failing e-commerce performance and mounting tariff costs.
Netflix Strikes Major Deal for Exclusive Video Podcasts
Netflix partnered with iHeartMedia to stream video versions of over 15 popular podcasts like The Breakfast Club and My Favorite Murder exclusively, starting in early 2026.