Plug Power Secures $431M in Convertible Notes to Strengthen Financial Position
Plug Power closes $431.25M convertible notes offering, refinances high-cost debt, and extends capital runway through 2033 with improved financial flexibility.
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Opendoor Surges on DE Shaw 6.4% Stake: What It Really Means
DE Shaw's 6.4% Opendoor stake sends shares soaring, but it's likely a trading strategy, not a bullish bet.
AST SpaceMobile Set to Launch Next-Gen Satellite to Boost Space-Based Mobile Coverage
AST SpaceMobile will launch its next-generation BlueBird 6 satellite on Dec. 15, aiming to deliver direct-to-smartphone broadband from space and expand coverage across the U.S. in 2026.
Cognizant Upgraded as Analyst Sees Strong Growth Ahead
William Blair upgrades Cognizant to Outperform, citing stronger bookings, a solid deal pipeline, and rising momentum in financial services and health sciences.
Joby Sues Archer Over Stolen Files to 'One-Up' Partnership Deal
Joby sued rival Archer, alleging stolen files were used to "one-up" a real estate deal. Joby calls it espionage; Archer says the suit is baseless.
VinFast Reports Wider Q3 Loss Despite Revenue Surge
Vietnamese EV maker VinFast posts $910M Q3 loss as global expansion costs rise, despite 74% jump in vehicle deliveries and strong revenue growth.