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.
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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.
Mizuho Upgrades Rubrik Stock Despite Recent Pullback
Mizuho analyst upgrades Rubrik to Outperform with $97 price target, citing strong execution and favorable market position despite 16% stock decline.
Morgan Stanley Downgrades Dell and HP on Memory Cost Concerns
Morgan Stanley cuts Dell and HP ratings, citing rising memory costs and weak demand threatening hardware maker profits through 2026.
Figure Technology Solutions Stock Soars on Stellar Q3 Earnings Beat
Figure Technology Solutions (FIGR) shares jumped 18% to $40.65 after reporting Q3 earnings that crushed analyst expectations, with revenue up 55% and net income surging 227% year-over-year.