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The transaction is not subject to any financing condition and is expected to close in the third quarter.
‘Don’t be tempted to buy the dip yet,’ warns one market analyst.
The company’s AI infrastructure expansion is ‘increasing its overall credit risk,’ S&P said.
Shares of the streaming giant fell nearly 9 percent in after-hours trading.
Forty-four minutes elapsed between the network failure and the required notification, a Senate inquiry has heard.
Acquiring APR Energy gives Elon Musk a mobile fleet of turbines to meet data center power needs.
Shares of the automaker plunged on Tuesday following a report that its adviser was reviewing take-private and bankruptcy options. Lucid denies the claims.
The insurer is undergoing a broad organizational turnaround that was launched in 2025 to strengthen its operations.
More firms have been adding to their manufacturing investment goals in the United States.
The Berlin-based company generated 49.1 billion euros in revenue in 2025.
The smelter, which produces critical ferroalloys for steel manufacturing, opened in 1962.
The suit alleges Meta’s AI algorithms failed to account for protected leaves and disproportionately scored workers on leave.
The funding will support a new submarine manufacturing facility, workforce training, and maritime suppliers at the Philadelphia Navy Yard.
The outbreak has hit more than half the states in the country.
The Khosla family most notably contains venture capitalist Vinod Khosla, who has given checks to OpenAI, DoorDash, Stripe, and other notable tech companies.
‘We will create a legal obligation for the next generation of large-scale data centres ... to pay their full share of grid connection,’ said Anthony Albanese.
Tasmanian Premier Jeremy Rockliff has met with the parent company of James Boag’s Brewery to explore the possibility of purchasing the site.
The issue is caused by a potentially faulty engine starter relay that could corrode, overheat, and short-circuit, a report shows.
Samsung nabbed the top spot in shipments, while Apple’s share of global smartphone shipments reached 20 percent for the first time, a Counterpoint report shows.
The company attributed the weak quarterly results to disappointing performance of its flagship z17 artificial intelligence mainframe program.
