Hyperscale Data sold approximately 685 Bitcoin, raising about $43 million in cash to support the development and expansion of its Michigan data center and strengthen its capital structure. The company retains around 275 Bitcoin and plans to continue Bitcoin mining and accumulation over time. This move reflects a strategic capital allocation to prioritize data center growth while maintaining significant Bitcoin exposure. Hyperscale Data also anticipates divesting its private equity arm, Ault Capital Group, in 2027 to focus on data center operations and digital assets.
Yvonne Wassenaar, a director at Rubrik, sold 721 shares at a price of $75 each just before the company's stock experienced a significant rally. This sale occurred ahead of the stock's upward movement, which may be of interest to investors tracking in...
Edible Garden AG reported Q2 revenue of $3.60 million, beating analyst estimates and marking a 12.8% increase from last year, driven by strong demand and a new distribution deal with Target. Despite this growth, the company remains unprofitable with ...
Medicare Part A covers skilled nursing facility care for up to 100 days per benefit period, with no coverage after day 100. After this, patients must pay private rates, which can exceed $11,000 per month, far beyond typical Social Security benefits. ...
UBS raised its price target for Tapestry to $232, suggesting an 80.7% upside from its current price of $128.39. The upgrade follows Tapestry's strong fiscal 2026 results, including $8 billion in revenue and $7.05 EPS, driven by Coach's 14% growth and...
Western Union's planned $500 million acquisition of International Money Express (Intermex) has received regulatory approval from New York after commitments on remittance services, but the deal is stalled in California where further review is required...
