BW Lands Massive $2.4 Billion AI Data Center Power Contract – Shares Surge
Babcock & Wilcox secures full $2.4B contract to build 1.2GW natural gas power capacity for Applied Digital's AI data centers.
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Bank of America Downgrades Rivian & Lucid, Upgrades GM & Ford in EV Slowdown
BofA updates ratings on Rivian, Lucid, GM, and Ford. EV startups face headwinds from slower adoption, while traditional giants like GM and Ford benefit from regulatory changes favoring gas-powered trucks and SUVs.
BofA Values Tesla's Optimus at $30B+ & Energy at $90B – New Buy Call at $460
Bank of America upgrades Tesla to Buy, sets $460 price target. Sees leadership in robotaxis, $30B+ Optimus value, and strong $90B energy business growth.
Citi Stays Bullish on Riot Platforms: Q4 Fuels Push to Power-Dense Data Centers
Citi maintains Buy rating on RIOT stock with $23 price target after Q4 results highlight Riot's progress in turning its massive power assets into high-value data centers for AI and computing needs.
Ross Stores Surges: Q4 Profits and Sales Crush Expectations as Bargain Hunters Drive Growth
Ross Stores surprises with strong fourth-quarter profits and sales growth, driven by rising same-store sales. The off-price retailer eyes continued momentum in 2026 amid economic challenges.
GitLab Slips as Weak FY27 Outlook Overshadows Q4 Beat
GitLab beats Q4 estimates with $260.4M in revenue (+23% YoY) and $0.30 non-GAAP EPS. The company also announced a $400M share repurchase program. FY2027 guidance calls for $1.10–$1.12B in revenue, coming in below consensus.