Fermi Inc. has urged its shareholders to return the WHITE Consent Revocation Card and reject a special meeting proposal initiated by former CEO Toby Neugebauer, who seeks to regain control of the company. Fermi's board accuses Neugebauer of spreading falsehoods and pursuing a quick sale that would harm shareholder value, contrasting this with the company's recent commercial progress under new management. The board highlights ongoing strategic partnerships and a rising stock price since Neugebauer's departure, warning shareholders against supporting his green consent cards. This move aims to maintain current leadership and continue executing Fermi's growth strategy, particularly Project Matador, which supports AI and energy infrastructure development.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
