Intel CEO Lip-Bu Tan Gets Washington’s Green Light for $20 Billion Share Sale
After securing Commerce Department backing, Intel upsized its share sale to $20 billion. Proceeds will support the Ohio factory and AI growth.
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Curaleaf Plans Hostile Takeover Bid for Aurora Cannabis After Board Rejects Talks
The bid carries a 45% premium and aims to create a global cannabis leader.
Joby Aviation to Acquire Resonant Sciences for $500 Million in Major Defense Expansion
JOBY shares drop after new at-the-market (ATM) deal allows the company to sell up to $750 million in stock following the acquisition.
Babcock & Wilcox Beats Expectations, Raises Guidance as AI Power Demand Drives Record Backlog
Babcock & Wilcox posts blowout Q2 results with 130% revenue growth, $2.6B backlog, raised 2026 outlook, and new Siemens deal for AI power.
Fermi’s Project Matador Lands First Major Tenant in Landmark AI Power Deal
Fermi announces binding $6.5B lease with TensorWave for 222 MW AI data center at Project Matador. Expansion to 650 MW possible.
Delaware Court Orders Verisk to Complete $2.35 Billion AccuLynx Deal
Delaware judge rules Verisk must proceed with its $2.35 billion AccuLynx acquisition after the company tried to cancel the deal. Verisk plans to appeal.