Section
The latest stocks coverage from the TrustFinance editorial desk.
Cloud provider Nebius Group NV has entered a multi-year agreement to sell more than $1 billion in computing capacity to Reflection AI, granting the startup access to coveted Nvidia GB300 chips through 2029.
Investment firm Aqua Capital has steadily increased its holdings in Energizer, signaling conviction that the battery maker's stock is significantly undervalued despite market concerns over its debt load.
The Chinese AI startup is in talks for a new financing round just weeks after its last, aiming for a significant valuation increase to $71 billion as it seeks to expand its computing capacity.
Barclays initiated coverage on SK Hynix's new American Depositary Receipts with an Overweight rating and a $330 price target, citing a prolonged supply-demand imbalance in the DRAM market.
A Deutsche Bank analysis suggests SpaceX could achieve cost parity between its planned orbital data centers and terrestrial facilities by the early 2030s, driven by Starship launch scalability and vertical integration.
Citi Research upgraded the Swiss private bank to 'Buy' from 'Neutral' and raised its price target, arguing that a significant year-to-date share price decline has created an attractive entry point for investors.
Federal prosecutors have subpoenaed five New York Times reporters to testify in a grand jury investigation into leaks about security issues with the new Air Force One. The newspaper has pledged to challenge the move, citing First Amendment protections.
Shares of Circle Internet Group declined in pre-market trading after Mizuho downgraded the stock to Underperform, citing competitive pressures that are overshadowing recent positive regulatory news.
The Israeli chipmaker announced a major expansion supported by a $1 billion grant from the Japanese government to meet growing AI demand, causing its U.S.-listed shares to surge.
