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Sanmina appoints AI and data center expert Shanker Trivedi to board for growth boost

Company Fundamentals
14 Sep 2026
PRNewsWire
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Bullish
Sanmina appoints AI and data center expert Shanker Trivedi to board for growth boost

Sanmina Corporation has appointed Shanker Trivedi to its board of directors, effective September 14, 2026. Trivedi brings over 30 years of experience in enterprise technology, particularly in AI, data centers, and cloud infrastructure, having held senior roles at NVIDIA and other tech firms. His expertise is expected to help Sanmina strengthen its position in the fast-growing AI and data center markets. This move aims to drive long-term value for Sanmina's stakeholders by leveraging Trivedi's deep industry knowledge and leadership in manufacturing and market execution.

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Baldwin Group to go private at $32.50/share amid downgrade and legal scrutiny

Baldwin Group to go private at $32.50/share amid downgrade and legal scrutiny

Baldwin Group is going private in a $7.7 billion all-cash deal led by Sequence Holdings and DFO Management, offering shareholders $32.50 per share, an 88% premium over the June 2026 price. The transaction will delist Baldwin from Nasdaq and is expect...

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BTIG raises Cullinan Therapeutics price target to $40 after positive lung cancer trial results

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BTIG increased its price target for Cullinan Therapeutics to $40, reflecting a potential 93% upside from the current stock price of around $20.73. This upgrade follows successful Phase 3 trial results for zipalertinib, a treatment for non-small cell ...

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Kroger posts mixed Q2 results but keeps strong full-year profit forecast with digital growth support.

Kroger posts mixed Q2 results but keeps strong full-year profit forecast with digital growth support.

Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...

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Law firm probes Coastal Financial after $42.1M Q2 loss and 43.5% stock plunge.

Law firm probes Coastal Financial after $42.1M Q2 loss and 43.5% stock plunge.

Kaplan Fox & Kilsheimer LLP is investigating potential securities violations by Coastal Financial Corporation following the company's report of a $42.1 million net loss in Q2 2026, largely due to a $68.8 million credit expense linked to a single part...

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Enova withdraws bank acquisition bid, reaffirms 2026 growth outlook, plans to boost share buybacks.

Enova withdraws bank acquisition bid, reaffirms 2026 growth outlook, plans to boost share buybacks.

Enova International has withdrawn its applications to acquire Grasshopper Bancorp, citing unclear regulatory standards and political pressures. Despite this, Enova remains confident in its growth strategy and reaffirmed its 2026 revenue growth guidan...

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