Fermi Inc. (FRMI) is positioned as a pure-play investment in the AI infrastructure sector, targeting the critical bottleneck of electricity delivery. Its core asset, Project Matador, includes valuable permits and land for an 11–17 GW AI campus in Texas, combining regulatory approvals and power-generation strategy on a large contiguous site. Despite currently having no operating revenue and requiring significant capital, FRMI's strong balance sheet and strategic assets offer asymmetric upside potential if it secures a binding tenant. The market currently undervalues the scarcity and strategic value of this permitted, equipment-backed AI power campus amid growing industry demand, leading to a Speculative Buy rating.
Mohawk Industries will release its Q2 2026 financial results on July 30, followed by a live earnings call on July 31 at 11:00 a.m. ET. Investors can join via the company website or phone. Additionally, Mohawk announced a CEO succession plan: Paul De ...
Tether froze all USDT funds in 131 TRON wallets linked to the terrorist group ISIS-K following US Treasury sanctions. These wallets held over $1.4 million since 2023, with some funds routed to Syrian exchanges. This move blocks access to those funds,...
Oil prices remain stable with WTI holding at $67.81 and Brent at $73.06 as OPEC+ maintains production discipline while US shale supply continues to rise. Strong refinery activity supports demand for fuels and petrochemicals during the summer driving ...
Oil prices fell sharply due to positive US-Iran talks reducing the risk premium associated with the Strait of Hormuz, a key global oil transit route. WTI crude dropped below $69, signaling bearish pressure with potential to fall further toward $55-$6...
AbbVie is acquiring Apogee Therapeutics for $10.9 billion to strengthen its immunology portfolio and prepare for upcoming patent expirations. AbbVie's existing drugs Skyrizi and Rinvoq have already surpassed Humira's peak sales and continue growing r...
