Fermi Shares Crash After Losing $150M Funding Deal
Fermi's stock plummeted 35% Friday after a potential tenant terminated a $150 million funding agreement for its Texas data center project, raising concerns for the newly public company.
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#Real Estate↓
Alexander & Baldwin to Go Private in $2.3B Deal
Alexander & Baldwin will be taken private in a $2.3B all-cash deal led by MW Group, Blackstone Real Estate, and DivcoWest. Shareholders will receive a 40% premium.
Toll Brothers Q4 Earnings: Revenue Up But Cautious 2026 Outlook Sends Shares Lower
Toll Brothers (TOL) reports mixed Q4 results with revenue beating estimates but lower fiscal 2026 delivery guidance amid soft housing demand and market uncertainty.
Opendoor Surges on DE Shaw 6.4% Stake: What It Really Means
DE Shaw's 6.4% Opendoor stake sends shares soaring, but it's likely a trading strategy, not a bullish bet.
Centerspace Weighs Sale Options Amid Rising Investor Interest
Centerspace, a real estate firm with 13,000 apartments across the Western U.S., is exploring a possible sale after takeover interest boosts its stock by 12%.
Fermi America Reports $347M Q3 Loss as Nuclear-Powered AI Campus Takes Shape
Fermi America posts $346.8M Q3 loss while preparing Texas site for ambitious AI data center powered by nuclear reactors. First gigawatt capacity expected by 2026.