VivoPower PLC announced plans to spin off its non-Nordic AI data center assets into a new independently capitalized company headquartered in Singapore. This new entity will focus on data center assets in the UAE, Oman, Saudi Arabia, Malaysia, and the Philippines, with plans for a London Stock Exchange primary listing and a secondary listing in Abu Dhabi. The move aims to sharpen VivoPower's focus on its Nordic market, particularly its Mo i Rana facility in Norway, while retaining control and shareholder exposure to the non-Nordic assets without funding construction costs. Completion depends on regulatory approvals, market conditions, and shareholder consent.
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...
Dan Loeb's Third Point fund opened a new $533 million stake in Warner Bros. Discovery (WBD) in Q2 2026, joined by David Einhorn and George Soros also buying shares. This rare alignment among activist, value, and macro investors highlights interest in...
Broadcom shares have dropped to $392.99, about 34% below the average analyst price target of $527.88, despite posting strong AI semiconductor revenue growth of 143% year-over-year and a bullish outlook for continued AI demand. The company leads in cu...
UBS maintained its 'overweight' rating on European banks following a strong Q2 earnings season where 38 of 40 major banks exceeded pre-provision profit expectations and 36 beat pre-tax profit forecasts. The sector showed resilience with credit impair...
