Flex announced a $4.4 billion acquisition of EPC Power, a leader in intelligent power conversion for data centers and utilities, expected to close in Q4 2026. This deal enhances Flex's Cloud and Power Infrastructure segment with advanced 800V power technology tailored for AI infrastructure, improving growth and profitability. EPC Power's technology supports next-gen data center power systems, including grid stability and efficient power delivery for AI workloads. Flex plans to spin off this segment into an independent public company in early 2027, aiming to capitalize on rising AI infrastructure demand and power architecture shifts.
Baidu announced that its Class A ordinary shares listed on the Hong Kong Stock Exchange will be included in the Shanghai-Hong Kong Stock Connect program starting September 7, 2026. This inclusion allows eligible mainland Chinese investors to directly...
Curaleaf Holdings has opened a new cannabis dispensary in Riverview, Florida, marking its 77th location in the state and 178th across the U.S. This expansion reflects Curaleaf's strategy to grow its presence in Florida's fast-growing medical cannabis...
SpaceX's stock currently trades below its first closing price despite a strong IPO debut, with a consensus analyst target price about 48% higher than the current price. Raymond James analyst Brian Gesuale projects a much more optimistic outlook, sett...
Critical Metals has consolidated 92.5% ownership of the Tanbreez heavy rare earths project and secured a 15-year offtake agreement with REalloys. The company has started a 10,000-meter drilling program to better define its resources. Tanbreez stands ...
Xcel Energy declared a quarterly dividend of $0.5925 per share, continuing its streak of annual dividend increases aligned with its 4%-6% raise policy. The company operates as a regulated utility, providing predictable cash flows supported by state-a...
