New Era Energy & Digital has obtained crucial construction permits for its Texas Critical Data Centers project, significantly reducing development risks. The company secured Development Structure and Drive Approach Permits from Ector County and environmental approval from the Texas Commission on Environmental Quality, allowing site grading to begin soon. With the acquisition of additional land and removal of old pipelines, the campus now spans 493 acres. The combined capacity of Phases 1 and 2 is expected to reach approximately 757MW, supported by improved power generation equipment and ongoing power purchase agreement negotiations. This progress aligns with Texas Governor Abbott's data center directive and positions New Era for future growth in digital 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...
