Z Squared Inc. outlined its strategy to expand into AI infrastructure by acquiring power-rich, grid-connected sites, starting with Paradox Data's Union County campus in Arkansas. The company aims to build 100 megawatts of AI-ready capacity in the U.S., focusing on speed, capital discipline, and converting power into contracted AI capacity. Z Squared plans to fund growth through stock issuance without incurring debt and will prioritize operational milestones and signed contracts. Key near-term goals include closing the Paradox acquisition, signing AI tenants, increasing energized capacity, and adding more sites debt-free.
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...
U.S. consumer sentiment fell sharply in August to 51, below expectations and July's 55.2, signaling growing economic concerns. Inflation expectations for the year ahead rose slightly to 4.3%, while long-term expectations remained steady but above his...
The First Trust RBA American Industrial Renaissance ETF (AIRR) focuses on small and mid-cap industrial companies involved in wiring, cooling, and powering hyperscale data centers. Its top holdings, including Comfort Systems, Sterling Infrastructure, ...
MidCap Financial Investment (MFIC) continues to experience a decline in its net asset value (NAV) and a shrinking portfolio, with total assets dropping from $3.46 billion to $2.86 billion year-over-year. Although MFIC maintains a stable dividend yiel...
Shares of Intuitive Machines surged 10% despite missing Q2 revenue and earnings estimates, driven by a record backlog of $1.8 billion and strong bookings. Virgin Galactic also gained 10% after bouncing back from a recent 8% drop caused by a delay in ...
