Hut 8 Sells 310-Megawatt Power Portfolio to TransAlta
Hut 8 signs agreement with TransAlta to sell a 310 MW portfolio of natural gas power plants in Ontario, boosting long-term value and supporting future digital infrastructure growth.
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China’s Singles’ Day Sales Soar with AI Boost
Alibaba, JD.com, and Douyin see record-breaking Singles’ Day sales as AI helps brands grow amid a slow economy.
XPeng Q4 Revenue Forecast Falls Short Amid China EV Price War
XPeng's cautious Q4 outlook signals challenges ahead despite record deliveries, as China's electric vehicle price war intensifies and competition heats up.
Plug Power Pauses Hydrogen Projects, Risking $1.66B Federal Loan
Plug Power has paused plans for six hydrogen facilities, putting a $1.66B federal loan at risk as it reviews capital allocation and focuses on efficiency and long-term growth.
Sealed Air Sells to CD&R for $10.3 Billion
Sealed Air Corporation agrees to $10.3 billion buyout by CD&R at $42.15 per share. Deal expected to close mid-2026.
Truist Upgrades Block Stock Amid Improved Risk/Reward Profile
Truist upgrades Block from Sell to Hold with $68 price target, citing improved risk/reward after recent stock pullback and stronger Square segment momentum.