Nucor and Steel Dynamics Warn of Weaker Q4 Earnings
Nucor and Steel Dynamics expect fourth-quarter earnings to miss Wall Street estimates due to seasonal demand, lower steel prices, and maintenance outages.
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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.
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.
Visa Opens US Payments Network to Stablecoins
Visa is allowing US banks to settle payments using stablecoins like USDC, aiming for faster, cheaper, and more modern digital payments.