Contact lens makers are poised for steadier growth in 2026 after a slight slowdown in the previous year, banking on rising demand for premium daily disposables and increased vision correction needs globally. ...

Core Viewpoint - Activist investor Starboard Value is urging Riot Platforms to accelerate its AI data center initiatives, highlighting the company's potential to benefit from the increasing demand for artificial intelligence infrastructure [1]. Group 1: Company Positioning - Riot Platforms is positioned to leverage its substantial power capacity for AI computing as the profitability of bitcoin mining remains unstable [1]. - Starboard Value owns approximately 12.7 million shares of Riot and emphasizes that Riot's Texas sites, Corsicana and Rockdale, can provide about 1.7 gigawatts of power suitable for AI data center operations [1]. Group 2: Market Dynamics - The letter from Starboard indicates a trend among cryptocurrency miners to pivot towards AI and high-performance computing (HPC) as a response to the volatile nature of bitcoin mining profits [1]. - Starboard notes that AI and HPC companies are increasingly looking to cryptocurrency miners for immediate power capacity for their data centers [1]. Group 3: Strategic Recommendations - Starboard advises Riot to focus on securing high-quality, investment-grade tenants, such as hyperscalers, rather than merely pursuing the highest lease rates [1]. - The recent agreement between Riot and Advanced Micro Devices is viewed as a positive development, although it is characterized as a minor proof-of-concept deal [1].

BofA offers art consulting to wealthy clients as collectors increase loans demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Staff members handle an art piece by Pablo Picasso, displayed for auction at Sotheby's exhibition "Origins ll" in Riyadh, Saudi Arabia, January 25, 2026. REUTERS/Hamad I Mohammed NO... [Purchase Licensing Rights, opens new tab] Read moreNEW YORK, Feb 18 (Reuters) - Bank of America is launching an art con ...

Citigroup announced the sale of its former Russian subsidiary, AO Citibank, to Renaissance Capital on Wednesday, marking the lender's exit from operations in the country. ...

Zeo Energy signs deal to develop 280 MW power for Creekstone data center in Utah | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]- Companies[Creekstone Energy]Follow[Zeo Energy Corp]FollowFeb 18 (Reuters) - Zeo Energy [(ZEO.O), opens new tab] said on Wednesday it signed a memorandum of understanding with privately held Creekstone Energy to develop about 280 megawatts of power generation for a data center under construction in Milla ...

Cisco and Qunnect build quantum network using New York fiber optic cables | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A logo of CISCO sits outside the company's house on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. REUTERS/Yves... [Purchase Licensing Rights, opens new tab] Read moreSAN FRANCISCO, Feb 18 (Reuters) - Cisco Systems [(CSCO.O), opens new tab] a ...

Core Viewpoint - Pinterest has raised its first-quarter revenue forecast following the acquisition of connected-TV advertising platform tvScientific, indicating a positive outlook despite recent stock performance challenges [1] Group 1: Revenue Forecast - The company now expects first-quarter revenue to be between $958 million and $978 million, an increase from the previous forecast of $951 million to $971 million [1] - The revised forecast reflects a partial-quarter contribution from the newly acquired tvScientific business [1] Group 2: Acquisition Details - The acquisition of tvScientific, announced in December 2025, marks Pinterest's first major deal since 2022 [1] - This deal integrates tvScientific's outcome-based CTV buying platform into Pinterest's performance-advertising suite, enhancing its media buying capabilities [1] - The integration allows Pinterest to utilize Performance+ AI optimization tools, automate media buying, and improve campaign optimization through machine learning [1]

Garmin forecasts upbeat annual results on strong wearables demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A large replica of a fitness smartwatch from Garmin is on display the international consumer technology fair IFA in Berlin, Germany September 2, 2022. REUTERS/Lisi Niesner [Purchase Licensing Rights, opens new tab]Feb 18 (Reuters) - Navigation device maker Garmin forecast annual revenue and profit above Wall Street esti ...

SM Energy said on Wednesday it would sell select assets in South Texas to Caturus Energy for $950 million in cash to reduce debt and bolster its capital structure. ...

Vodafone to sell 50% stake in VodafoneZiggo for $1.18 billion | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]People enter a Vodafone store in Sydney, Australia, September 29, 2025. REUTERS/Hollie Adams [Purchase Licensing Rights, opens new tab]Feb 18 (Reuters) - Vodafone [(VOD.L), opens new tab] said on Wednesday it will sell its 50% stake in Dutch joint venture VodafoneZiggo to Liberty Global [(LBTYA.O), opens new tab] for 1 bill ...