Nuclear startup X-energy has launched its investor roadshow aiming for an IPO priced between $16 and $19 per share, potentially raising up to $814 million. The company benefits from growing interest in nuclear power driven by increased electricity demand from AI data centers and electrification efforts. Backed by Amazon, which invested $500 million and plans to buy up to 5 gigawatts of power by 2039, X-energy uses a safer high-temperature, gas-cooled reactor technology. Despite patent disputes and industry challenges, the IPO could provide crucial funding as X-energy advances toward commercial reactor production and cost reductions.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
