Marathon Digital is transforming from a Bitcoin mining company into a digital energy and infrastructure platform by acquiring Long Ridge Energy & Power for $1.5 billion, boosting its power capacity by 65%. The company plans to build 200 MW for AI and high-performance computing (HPC) workloads by mid-2028, with potential expansion to 600 MW. Marathon now operates a flexible 1.1 GW compute capacity that can shift between workloads to maximize returns. This pivot aims to diversify revenue beyond volatile Bitcoin mining by adding more stable AI and HPC contracts, though investors should watch for progress on AI revenue and customer commitments.
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...
The Fidelity Fundamental Large Cap Core ETF (FFLC) provides an actively managed alternative to traditional S&P 500 index funds by emphasizing risk-adjusted returns and fundamental company strength. FFLC excludes companies with high valuations and low...
