Key Highlights Nvidia is investing an additional $1.5 billion in SB Energy through Class N non-voting shares, raising its total equity commitment to $3 billion ahead of the company’s planned Nasdaq IPO. SB Energy’s PORTS-Pike Technology Campus in Ohio, leased long-term to OpenAI with an exclusive Nvidia chip mandate, is designed for 4.25 gigawatts of ...
Key Highlights CoreWeave shares have fallen approximately one-third since joining the Nasdaq 100 on June 22, 2026, despite the company reporting doubled second-quarter revenue and a $104 billion revenue backlog. Company insiders — including CEO Michael Intrator, co-founder Brannin McBee, and other C-suite executives — have sold more than $600 million in stock since the ...
The U.S. House of Representatives passed the Ratepayer Protection Act (H.R. 9340) on Wednesday by a vote of 417-3, marking the first congressional bill to address the economic impact of rapidly expanding data centers on the nation’s power grid. Federal Standard for Large-Load Cost Allocation The legislation establishes a federal standard requiring state utility regulators ...
HIVE Digital Technologies Reports $1 Million Daily Revenue Average, Driven by Bitcoin Mining HIVE Digital Technologies disclosed that its combined Bitcoin mining and GPU cloud operations generated more than $1 million in average daily revenue from August 21 through September 10, offering a concrete measure of how the company’s artificial intelligence pivot is contributing to ...
GoPro to Merge With Starman Optical in $285 Million Recapitalization Deal GoPro, Inc. (NASDAQ: GPRO) and privately held optical-photonics company Starman Optical, Inc. have signed…
Dell Technologies (NYSE: DELL) is scheduled to report its fiscal second-quarter results after the market closes on Tuesday, September 1. Expectations are elevated as demand…
Bitcoin surged 21.5% between the Aug. 17 and Aug. 21 closes, but six of the seven major U.S.-listed Bitcoin miners ended the same trading period…