BETHESDA, Md., June 12, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for June 2025. The dividend is payable on July 10, 2025 to common stockholders of record as of June 30, 2025. AGNC has a track record of providing favorable long-term returns for our stockholders through substantial monthly dividend income, with over $14 billion of common stock dividends paid since inception. Our busines ...

Core Viewpoint - A securities class action lawsuit has been filed against Compass Diversified Holdings for irregularities in financial reporting and practices related to its acquisition of Lugano Holdings, leading to a significant drop in stock price [1][3]. Group 1: Company Overview - Compass Diversified Holdings is a private equity firm headquartered in Westport, Connecticut [2]. - In 2021, Compass acquired a majority interest in Lugano Holdings, Inc., a high-end jewelry designer, for an enterprise value of $256 million [2]. Group 2: Legal Action Details - The class action lawsuit pertains to investors who purchased Compass securities between May 1, 2024, and May 7, 2025 [1]. - Investors have until July 8, 2025, to seek appointment as lead plaintiff in the class action [2]. Group 3: Financial Irregularities - On May 7, 2025, Compass disclosed irregularities in Lugano's non-CODI financing, accounting, and inventory practices, necessitating a restatement of previously issued financial statements for 2024 [3]. - Following this announcement, Compass' stock price plummeted by $10.70 per share, a decline of over 62%, closing at $6.55 on May 8, 2025 [3].

Cam Newton and Ashley Nicole Moss to Co-Host New Weekly Series, Officially Announced from "BET Awards" 2025 Stage[CLICK HERE FOR PHOTOS][VIDEO LINK: Cam Newton and Ashley Nicole Moss unveil BET 106 & Sports]NEW YORK, June 12, 2025 /PRNewswire/ -- BET Media Group, the largest media company dedicated to championing Black culture, and SpringHill, the award-winning studio within Fulwell Entertainment, proudly announce 106 & Sports—a bold new weekly series where the biggest stories in sports meet culture, fashio ...

Core Viewpoint - Supermicro is launching new GPU solutions featuring AMD Instinct MI350 series GPUs, designed for high performance, scalability, and efficiency in AI-driven data centers [1][2][3] Company Overview - Supermicro is a global leader in Application-Optimized Total IT Solutions, focusing on Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure [8] - The company emphasizes innovation and efficiency in its product offerings, which include servers, AI, storage, IoT, and networking solutions [8] Product Features - The new Supermicro H14 generation GPU solutions support both liquid-cooled and air-cooled configurations, providing flexibility for various deployment environments [4][7] - These systems utilize dual AMD EPYC 9005 CPUs and AMD Instinct MI350 series GPUs, enhancing performance for AI, HPC, Cloud, and Enterprise workloads [3][5] - The AMD Instinct MI350 series GPUs deliver up to 40% more tokens-per-dollar compared to competitors, optimizing cost efficiency for customers [4] Performance Metrics - The new GPU servers offer 288GB HBM3e memory per GPU, which is a 1.5x increase in memory capacity compared to previous generations, and 8TB/s bandwidth [5] - The systems are designed to maximize computational throughput and energy efficiency, enabling faster processing for AI workloads [5][6] Market Position - Supermicro's integration of AMD MI350 series GPUs into its offerings demonstrates a commitment to providing advanced solutions for AI training and inference [6][7] - The company aims to support the growing demand for scalable and efficient infrastructure in AI applications across cloud service providers and enterprises [7]

Core Insights - Compal Electronics has launched its new high-performance server platform SG720-2A/OG720-2A, designed for generative AI and large language model training, featuring AMD Instinct™ MI355X GPU architecture and advanced liquid cooling options [1][3][6] Technical Highlights - The SG720-2A/OG720-2A supports up to eight AMD Instinct MI350 Series GPUs, enabling scalable training for LLMs and generative AI applications [7] - It incorporates a dual cooling architecture, including air and two-phase liquid cooling, optimized for high thermal density workloads, enhancing thermal efficiency [7] - The server is built on the CDNA 4 architecture with 288GB HBM3E memory and 8TB/s bandwidth, supporting FP6 and FP4 data formats, tailored for AI and HPC applications [7] - High-speed interconnect performance is achieved through PCIe Gen5 and AMD Infinity Fabric™, facilitating multi-GPU orchestration and reducing latency [7] - The platform is compatible with mainstream open-source AI stacks like ROCm™, PyTorch, and TensorFlow, streamlining AI model integration [7] - It supports EIA 19" and ORv3 21" rack standards with a modular design for easy upgrades and maintenance [7] Strategic Collaboration - Compal has a long-standing collaboration with AMD, co-developing solutions that enhance efficiency and sustainability in data center operations [5] - The launch of SG720-2A/OG720-2A at both Advancing AI 2025 and ISC 2025 highlights Compal's commitment to expanding its global visibility and partnerships in the AI and HPC sectors [7]

Core Viewpoint - Primis Financial Corp. has signed a non-binding term sheet to sell a portion of its ownership in Panacea Financial Holdings, expected to generate approximately $22 million in proceeds and an additional pre-tax gain of $6.5 to $7.0 million due to the sales price exceeding the carrying value as of March 31, 2025 [1][2]. Financial Performance - As of March 31, 2025, Primis Financial Corp. reported total assets of $3.7 billion, total loans held for investment of $2.9 billion, and total deposits of $3.2 billion [3]. Strategic Implications - The CEO emphasized that realizing the gain from the sale will enable the company to pursue more aggressive strategies, such as share repurchase programs and accelerating growth initiatives [2]. - The company believes that the incremental margins in its core banking operations are currently better than they have been in several years, with minimal operating expense increases [2]. Commitment to Panacea - Despite the sale, the company maintains its confidence in Panacea's long-term potential and continues to support its mission of providing tech-enabled financial solutions to healthcare professionals [2].

Core Insights - Oracle and AMD are collaborating to offer an AI supercomputer featuring AMD Instinct MI355X GPUs, enhancing AI training and inference capabilities for customers [1][2] - The new zettascale AI cluster will support up to 131,072 MI355X GPUs, providing over 2X better price-performance compared to previous generations [1][2] - The partnership aims to meet the growing demand for AI infrastructure, enabling customers to handle larger and more complex datasets effectively [2][3] Performance Enhancements - The AMD Instinct MI355X GPUs deliver nearly triple the compute power and a 50% increase in high-bandwidth memory compared to the previous generation [2] - Customers can expect up to 2.8X higher throughput for AI deployments, resulting in faster results and lower latency [4] - The new architecture supports 288 gigabytes of high-bandwidth memory 3 (HBM3) and up to eight terabytes per second of memory bandwidth, facilitating the execution of large models entirely in memory [4] Infrastructure and Design - The OCI Supercluster features a high-throughput, ultra-low latency RDMA cluster network architecture, optimized for demanding AI workloads [2] - A dense, liquid-cooled design allows for 125 kilowatts per rack, accommodating 64 GPUs per rack at 1,400 watts each, enhancing performance density [4] - The powerful head node, equipped with an AMD Turin high-frequency CPU, optimizes GPU performance through efficient job orchestration and data processing [4] Open-Source and Networking Innovations - The open-source stack, AMD ROCm, enables flexible architectures and easy migration of existing code, preventing vendor lock-in [4] - Oracle will be the first to deploy AMD Pollara AI NICs, providing advanced RoCE functionality for high-performance and low-latency networking [5]

Strategic relocation to IDS Center unifies new branch location and larger office space in one premier buildingMINNEAPOLIS, June 12, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced it is moving its Minneapolis office to the IDS Center's 43rd floor at 80 S 8th St. The move is expected to happen in Spring 2026, and construction is expected to start in August 2025. Rendering of Associated Bank IDS Center office space. "The IDS Center is an iconic symbol of Minneapolis—y ...

NEW YORK, June 12, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:Know Labs, Inc. (NYSE American: KNW)'s sale to Goldeneye 1995 LLC. If you are a Know Labs shareholder, click here to learn more about your legal rights and options.Elevation Oncology, Inc. (NASDAQ: ELEV)'s sale to Concentra Biosciences, LLC. Under the terms of the ...

NEW YORK, June 12, 2025 /PRNewswire/ -- Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces the release of Club Offers for Club Members.Rigorously vetted and negotiated for us travel enthusiasts in the U.S.: $499PP—MEXICO ALL-INCLUSIVE GETAWAY WITH FLIGHTSA 4-night stay at a Playa del Carmen 4-star resort. Roundtrip flights plus all meals and drinks are included. $2999—5-STAR MALDIVES VILLA WITH GLASS FLOORINGEnjoy ocean views and marine life teeming below your feet. Relax in your overwate ...