Fermi Inc., a developer of private electric grids for AI, has appointed Larry Kellerman as an independent director on its Board. Kellerman brings over 40 years of experience in the electric power sector, including leadership roles and advisory work with Fermi since its inception. His expertise is expected to support Fermi's strategic growth in building large-scale, reliable private grids to power AI and advanced computing. This move strengthens the company's leadership as it advances its Project Matador campus integrating multiple energy sources for hyperscale AI operations.
Lumentum's stock price fell about 33% from its May 2026 peak due to a multi-phase selloff involving profit-taking, valuation adjustments, and sector-wide AI narrative shifts. Despite the correction, the underlying demand for AI-related optical techno...
Grayscale's CoinDesk Crypto 5 ETF (GDLC) has transitioned to an ETF structure but remains uncompetitive due to its high 0.59% expense ratio. The fund aggregates large-cap cryptocurrencies without offering unique selection or alpha, making it easily r...
SCHD has been rated as a Buy due to its concentrated, defensive value approach and higher yield, which outperformed DLN and the S&P 500 in a slower, rotation-driven market. DLN was downgraded to Hold because its growth tilt is overstated and its tech...
Affirm, a buy now pay later (BNPL) provider, reported a 22% year-over-year increase in active customers in Q3 2026 and surpassed $1 billion in quarterly revenue for the second straight quarter. This growth is fueled by rising transactions per user an...
Investor Austin Rogers is increasing cash holdings due to limited attractive buying options outside the AI sector. He prefers the iShares Ultra Short Duration Bond Active ETF for its safety and flexibility. While AI infrastructure spending drives mar...
