Flex completed its acquisition of EPC Power, enhancing its power-conversion technology for data centers and electrical grids. Flex CEO Revathi Advaithi highlighted the urgent need for U.S. electricity infrastructure to expand faster to support AI growth, noting that grid expansion can take decades while chip development takes about five years. Data centers in the U.S. are projected to consume up to 15.3% of national electricity by 2030, underscoring the importance of stable and scalable power solutions. Flex plans to spin off its Cloud and Power Infrastructure segment as Axiom Solutions International in early 2027.
Flex's acquisition of EPC Power and CEO's comments on U.S. grid expansion provide context for readers. For those following the broader market, as of Oct 16, 2026 13:02 WIB, 45 of 50 major cryptocurrencies on Pluang rose while 4 fell. Notable moves include SXP (Solar) down 46.27% to Rp37, BAT (Basic Attention Token) up 14.94% to Rp3.566 with 87% sell order activity, and FIL (Filecoin) up 11.50% to Rp20.716 with a typical hold time of 100 days.
UBS Group AG has officially notified that it holds 7,768,727 shares in Bang & Olufsen A/S, representing 5.27% of the company's total share capital and voting rights as of October 9, 2026. This disclosure is made in compliance with the Danish Capital ...
On October 14, 2026, Michael Brierley, a Non-Executive Director of Admiral Group plc, and his wife Rachel Brierley acquired shares of the company through a dividend reinvestment trading plan. The transactions involved purchasing ordinary shares at pr...
Norsk Hydro will publish its third-quarter 2026 financial results on October 23, 2026, at 07:00 CEST. The company's CEO and CFO will present the results via a live webcast at 08:30 CEST the same day, allowing investors to ask questions online. There ...
The FDA has approved Roche's Enspryng (satralizumab) as the first and only at-home subcutaneous treatment for adults with thyroid eye disease (TED). This approval follows positive results from Phase III SatraGO-2 trials showing significant reductions...
Equinor ASA's stock has surged 95% since the last buy recommendation, driven by stable geopolitics and strong energy prices. The company maintains a solid dividend yield of 3.40% and plans $3 billion in buybacks for 2026, reflecting strong cash flow ...
