Hyperscale Data completed a cash tender offer to buy back 8,731,574 shares of its Class A common stock at $0.21 per share, spending about $1.83 million. This buyback represents roughly 1.9% of its outstanding Class A shares as of mid-May 2026. The company plans to fund the repurchase with existing cash and expects to divest its holding company Ault Capital Group by Q2 2027, focusing on data centers and digital assets post-divestiture. Shareholders holding Series F Preferred Stock will have the option to exchange these for shares in Ault Capital Group during the divestiture process.
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
BMW is recalling 29,119 plug-in hybrid sedans due to a potential fire risk caused by corrosion in the engine starter's electrical relay. This defect can lead to a short circuit and overheating even when the vehicle is parked with the ignition off. Th...
