Digi Power X has launched its NeoCloudz GPU-as-a-Service platform, generating initial AI revenues from NVIDIA GPU deployments at its Alabama facility. In Q1 2026, the company reported $6.8 million in revenue and a positive adjusted EBITDA of $1.1 million, despite a net loss of $4.7 million due to investments in AI infrastructure and staffing. With $73 million in cash and no long-term debt, Digi Power X is expanding its AI compute and colocation services, backed by a $1.1 billion 10-year AI colocation contract. The company targets $250-$300 million revenue in fiscal 2027, driven by AI colocation, GPU cloud, and energy sales.
IDenta Corp reported its strongest quarter ever in Q1 2026, with revenues rising to $520,983 from $174,799 in Q1 2025. The company saw significant profit improvements, turning a net loss into a net profit of $29,860. Growth was driven by expanding in...
Embecta Corp. has finalized its acquisition of Owen Mumford Holdings Limited for an initial £100 million plus up to £50 million in performance-based payments. This deal enhances Embecta's transformation into a broad-based medical supplies company by ...
MasterCraft Boat Holdings has finalized its acquisition of Marine Products Corporation, adding the Chaparral and Robalo brands to its portfolio. This merger creates a diversified lineup of leading recreational marine brands, enhancing dealer networks...
The bond market now signals a Federal Reserve rate hike is more likely than not by December 2026, reversing earlier expectations of rate cuts. This shift comes amid strong economic data, including rising retail sales and inflation pressures driven by...
President Donald Trump insisted on a genuine 20-year nuclear activity ban from Iran and dismissed Iran's recent proposal as unacceptable. He emphasized that the U.S. does not seek favors from China regarding reopening the Strait of Hormuz, asserting ...
