Two Major Firms Initiate Bullish Coverage on Fermi Stock
Stifel and Rothschild initiate Buy ratings on Fermi with $29-$31 price targets, citing unique power solutions for AI data centers and attractive growth potential.
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Fermi Rides AI Energy Wave to $19.3 Billion Debut Amidst Race for Power
Amarillo, Texas-based Fermi Inc., co-founded by Rick Perry, saw shares surge 55% in its IPO, capitalizing on the booming demand for power infrastructure to support global AI growth, despite lacking current revenue.
FTC Sues Zillow and Redfin Over Alleged Illegal Deal to Halt Rental Advertising Competition
The Federal Trade Commission (FTC) is taking action against Zillow and Redfin, claiming they made an illegal agreement to stop competing in the online rental ad market, potentially harming renters and property managers.
Real Estate Giants Compass and Anywhere Merge in $10 Billion Deal
Compass is buying rival Anywhere Real Estate in an all-stock deal, creating a $10 billion real estate platform. This merger combines 340,000 professionals globally. Current Compass shareholders will own ~78%. Robert Reffkin leads the new company, expected to close in late 2026.
Why Lennar’s Home Sales Forecast Missed Expectations
Homebuilder Lennar reported a drop in profit and missed Q4 forecasts for new home orders. High costs, high interest rates, and affordability issues are slowing down the housing market.
Rithm Capital Acquires Paramount Group for $1.6 Billion
Rithm Capital is buying Paramount Group, which owns top office buildings in NYC & San Francisco, for $1.6 billion ($6.60/share). This deal boosts Rithm's real estate business. It's expected to close late Q4 2025.