Ferrari Halves EV Target, Prioritizes Agility and ICE Future Ahead of Elettrica Launch
Ferrari halved its 2030 EV goal (to 20%), keeping 40% gas engines for "agility." Its powerful electric car arrives in 2026.
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HSBC Downgrades Bloom Energy Despite Bullish Outlook on Clean Tech
HSBC shifts Bloom Energy to Hold from Buy with $100 price target, citing valuation concerns despite optimism about U.S. clean tech sector's new growth cycle.
TaskUs Stays Public: Blackstone Buyout Deal Falls Through
TaskUs stockholders reject Blackstone's take-private proposal. The company will remain publicly traded on Nasdaq as TASK after failing to secure necessary votes.
David Ellison Seeks Private Equity Partners for Massive Warner Bros. Discovery Bid
Paramount Skydance's David Ellison is courting major private equity firms including Apollo Global Management for a potential $60 billion Warner Bros. Discovery acquisition as funding questions mount.
TopBuild Closes $1B SPI Acquisition After Regulatory Reset
TopBuild completes $1 billion acquisition of Specialty Products and Insulation under Trump administration after 2023 deal collapsed due to antitrust concerns. Part of broader building-products consolidation wave.
Critical Metals Secures Major U.S. Offtake Deal to Challenge China's Rare Earth Dominance
Critical Metals Corp signs 10-year agreement with REalloys to supply 15% of rare earth production from Greenland's Tanbreez Project, strengthening U.S. supply chain independence.