Galaxy Digital's subsidiary, Galaxy Helios Data Centers II LLC, has priced a $3.507 billion private offering of 9.875% senior secured notes due 2031. The funds will finance the development of two data center buildings in Dickens County, Texas, with 400 MW utility capacity and 260 MW IT capacity. The notes pay semi-annual interest and will mature in 2031, secured by the issuer's assets. This expansion supports Galaxy's position as a major North American data center developer focused on AI and digital assets infrastructure.
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
Fabrinet is set to report strong Q3 2026 earnings with revenue forecasted at about $1.276 billion, a 41% increase year-over-year, driven by demand in Telecom and Data Center sectors. Earnings per share are expected to rise 45% to $3.81, reflecting ro...
Jernigan Capital, a REIT specializing in financing self-storage facilities, saw its stock rise over 11% to $24.00, reaching a new 52-week high. Analysts have a consensus "Moderate Buy" rating with an average 12-month price target of $27.50, suggestin...
CrowdStrike, a leading cybersecurity firm, has seen its stock price increase by 85% year-to-date, reaching a market cap over $220 billion. Investment firm Cowen & Co. reiterated a "Buy" rating and raised the price target to $235, citing strong financ...
Sandisk Corporation reported a remarkable 372% year-over-year revenue increase and an 84.6% gross margin in FY2026, driven mainly by strong pricing power. Despite improvements like long-term contracts, the current valuation assumes these extraordinar...
