Elliott Invests $1B in Lululemon, Eyes New CEO
Activist investor Elliott Management acquires over $1 billion stake in Lululemon and proposes retail veteran Jane Nielsen as potential CEO to help turn around the struggling athletic wear brand.
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Micron Crushes Expectations with Record AI-Driven Quarter
Micron Technology delivers stunning Q1 results and forecasts Q2 revenue of $18.7B, far exceeding $14.2B estimates, driven by booming AI chip demand and supply shortages.
Texas Pacific Land Partners with Eric Schmidt's Bolt for AI Data Centers
Texas Pacific Land (TPL) teams up with Bolt Data & Energy to build massive AI data centers in West Texas.
Analyst Moves: Celsius, Robinhood, Airbnb, and Rigetti in Focus
A simple breakdown of recent analyst ratings and price targets for Celsius, Robinhood, Airbnb, and Rigetti Computing, highlighting growth drivers and key risks.
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.
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.