Vesari, a portfolio company of Tekcapital PLC, has appointed ARC Group International as its capital markets adviser to pursue a public listing via a SPAC merger in the US. Vesari develops geothermal power plants alongside data centers to provide carbon-free electricity for AI computing, targeting a 100-megawatt site in the western US. The company holds 12 US patent applications valued at $293 million and plans to bid for lease rights in the Great Basin later this year. Tekcapital shares rose 7% following the announcement, though the deal remains subject to uncertainties.
Tekcapital's Vesari pursuing a US listing via SPAC merger is the subject, with Pluang's Technology sector data providing market context. Of 150 priced US Technology stocks on Pluang, 100 rose and 40 fell as of Sep 18, 2026 16:51 WIB. Intel Corp (INTC) traded at USD 111.23 with a 2.23% increase, and Google Inc (GOOG) was priced at USD 350.58, up 2.01%.
Meta's stock has rebounded nearly 20% recently, driven by optimism around its upcoming AI launch and strong ad revenue growth. Despite a sharp drop in free cash flow due to heavy capital expenditures, Meta's ad business continues to expand, with a 27...
The recently launched ACBE ETF uses autocallable structured notes to generate income, offering a different risk-return profile compared to traditional covered-call ETFs like JEPI. It aims to deliver bond-like income through equity-linked contracts bu...
Chanson International Holding reported a net income of $0.8 million for the first half of fiscal 2026, recovering from a $1.0 million loss in the same period last year. Total revenue slightly declined by 4.5% to $8.3 million, mainly due to decreased ...
Micron Technology is set to release its fiscal Q4 2026 earnings report, expected to show a record net margin of 70.7%, driven by strong demand from AI applications. While near-term optimism is high due to margin expansion, there is skepticism about t...
AGNC Investment Corp., a Mortgage REIT, offers various preferred stocks with different risk and yield profiles for income investors. While dividend coverage remains strong at nearly 13 times, par value coverage has dropped to 5.4 times due to a signi...
