T1 Energy Inc. announced a private placement of $120 million in 4.75% convertible senior notes due 2031 to finance Phase 1 of its G2_Austin solar cell manufacturing facility and general corporate needs. The notes offer a conversion premium of about 20% over the current stock price and will mature in 2031, with interest paid semi-annually. Proceeds will serve as a bridge to a larger financing plan including significant debt to complete the project. This move supports T1's goal to expand its U.S. solar manufacturing capacity and strengthen its integrated supply chain.
Anthropic reported a massive increase in revenue, reaching $16.3 billion in the first half of 2026 compared to just $1.1 billion in the same period last year. This surge highlights rapid growth and strong demand for its products or services. The dram...
On October 22, 2026, US spot Bitcoin ETFs experienced a net outflow of $635 million, the largest since June 25, reversing most recent inflows. The average cost basis of these ETFs is around $81,500 to $82,000, while Bitcoin trades below that at about...
On October 22, the daily Bitcoin mining revenue benchmark, known as hashprice, was $36.55 per petahash per second (PH/s), indicating gross network revenue before cloud-mining provider fees. This figure translates to about $3.66 daily revenue for 100 ...
At the 2026 Chery International User Summit, Chery introduced its Super Intelligent Valet Parking (SIVP) system, designed to simplify parking for families. The system uses advanced sensors and AI to enable features like One Tap Departure and One Step...
Starknet's total value locked (TVL) dropped sharply by 73% from $158M to $42M after Extended, a key decentralized perpetual futures platform, migrated $120M in TVL to the Arc blockchain. This migration caused a significant decline in Starknet's DeFi ...
