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Hidden AI Costs? Big Tech Hyperscalers Hold $662 Billion In Off-Balance-Sheet Data Center Leases: Report - Amazon.com (NASDAQ:AMZN), Blackstone (NYSE:BX)
Benzinga· 2026-02-26 12:02
The race to build AI infrastructure has led to a significant financial overhang. These tech giants have entered into long-term data center lease commitments that have yet to commence and, therefore, are not classified as current liabilities. As a result, the obligations do not appear on their balance sheets under generally accepted accounting principles (GAAP), Fortune reported, citing a Moody's report released Monday.By 2025 end, the companies had accumulated $969 billion in total undiscounted future lease ...
ACM Research Receives Multiple Advanced Packaging Equipment Orders from Leading Global Customers
Globenewswire· 2026-02-26 12:00
Core Insights - ACM Research, Inc. has received multiple advanced packaging equipment orders from leading global semiconductor and technology customers, indicating a significant expansion of its advanced packaging platform and customer base [1][2]. Group 1: Company Developments - The recent orders highlight ACM's leadership in wafer-level advanced packaging equipment and the extension of its technologies into panel-level applications, reflecting growing industry recognition [2][3]. - ACM's commitment to innovation is emphasized, aiming to meet the increasing demands for process and yield requirements in semiconductor manufacturing [3]. Group 2: Product Offerings - The orders include wafer-level advanced packaging systems that encompass various solutions such as coating, developing, wet etching, stripping, cleaning, and electroplating, showcasing the international adoption of ACM's process technologies [4]. - A notable order is for ACM's Ultra C vac-p panel-level vacuum cleaning system, designed for advanced fan-out panel-level packaging, which enhances residue removal efficiency and process uniformity [5]. Group 3: Market Trends - The semiconductor industry is accelerating investments in scalable, high-performance manufacturing solutions to support applications in artificial intelligence (AI), high-performance computing (HPC), and data centers, with panel-level packaging gaining traction due to its scalability and cost efficiency [3].
FactSet Schedules Second Quarter 2026 Earnings Call
Globenewswire· 2026-02-26 12:00
NORWALK, Conn., Feb. 26, 2026 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced it will release its financial and operating results for the second quarter fiscal 2026, ending February 28, 2026, on Tuesday, March 31, 2026. FactSet will host a conference call at 9:00 a.m. Eastern Time on the same day to discuss the results, followed by a live Q&A session. Second Quarter Fiscal 2026 Conference Call Details Date:Tuesday, ...
Joint Press Release of Future Fuels Inc. and ValOre Metals Corp. – Future Fuels Inc. Enters Into Agreement to Acquire Hatchet Uranium Corp.
Globenewswire· 2026-02-26 12:00
Core Viewpoint - Future Fuels Inc. is acquiring Hatchet Uranium Corp. (HUC) through a three-cornered amalgamation, enhancing its uranium exploration portfolio in the Athabasca Basin, a region known for its rich uranium deposits [1][2]. Company Overview - Future Fuels Inc. holds significant assets, including the Hornby Project in Nunavut and the Covette Project in Quebec, focusing on uranium exploration [23]. - ValOre Metals Corp. is a key player in this transaction, with HUC being a 51% owned subsidiary, indicating a strategic partnership aimed at capitalizing on uranium exploration opportunities [1][2]. Acquisition Details - The amalgamation agreement stipulates that HUC will amalgamate with Subco, with Future Fuels acquiring all outstanding securities of HUC [17]. - Each common share of HUC will be exchanged for 0.760836 of a common share in Future Fuels, and similar terms apply to HUC's warrants [17][20]. HUC Properties Summary - HUC holds interests in five claim blocks totaling approximately 97,674 hectares in the Wollaston Lake area, primarily within the Wollaston–Mudjatik Transition Zone [3]. - The Hatchet Lake Property, part of HUC's assets, covers about 13,711 hectares and has shown promising uranium readings, including up to 22,000 CPS and 1,637 ppm U [5][6]. Exploration History - HUC's properties have been explored since the late 1960s, employing various geological and geophysical methods, with recent advancements including the use of AI for target generation [4][6]. - The Highway Property, another asset, spans approximately 17,606 hectares and has identified uranium-bearing materials with readings up to 4,366 CPS and 230 ppm U [8][10]. Financial Aspects - The acquisition involves a financial advisory consulting agreement for a convertible debenture of $250,000, convertible into 5,000,000 HUC Shares prior to the acquisition completion [18][19]. - Upon completion, approximately 15,000,007 Consideration Shares and 1,104,743 Consideration Warrants will be issued to HUC's former securityholders [20]. Strategic Implications - The acquisition is expected to create a strong entity in the Canadian uranium exploration sector, enhancing market exposure and attracting capital for exploration programs [2].
Canadian Imperial Bank of Commerce (NYSE:CM) Earnings Call Presentation
2026-02-26 12:00
All amounts are in Canadian dollars unless otherwise indicated. Forward-Looking Statements A NOTE ABOUT FORWARD-LOOKING STATEMENTS: From time to time, we make written or oral forward-looking statements within the meaning of certain securities laws, including in this report, in other filings with Canadian securities regulators or the SEC and in other communications. All such statements are made pursuant to the "safe harbour" provisions of, and are intended to be forward-looking statements under applicable Ca ...
JPMorgan plans worker redeployment amid AI push – report
Yahoo Finance· 2026-02-26 11:57
JPMorgan Chase CEO Jamie Dimon has said the bank is actively responding to the impact of AI on employment within the organisation, reported CNBC. During an investor presentation, Dimon discussed JPMorgan’s strategy for moving staff into different roles as automation advances across its operations. He stated that the bank already has significant plans for reallocating employees whose positions are affected by AI. Dimon said: “We already have huge redeployment plans for [our] own people,” adding that som ...
Occidental Petroleum Stock Rocketed More Than 10% in January (but the Big Move Came in February)
Yahoo Finance· 2026-02-26 11:57
January was a good month for investors who owned Occidental Petroleum (NYSE: OXY), as the stock rose 10%. That's not actually so unusual, given the inherent volatility of the energy sector. However, the stock lurched higher again in February after it reported earnings. Here's what you need to know about January and the company's February investor update. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" provi ...
Q1 Active Management Pulse: Positioning Broadens Beyond AI Leaders
Seeking Alpha· 2026-02-26 11:56
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
Tempus AI Sold Off After a Beat—But the Rebound Case Is Building
Investing· 2026-02-26 11:56
Market Analysis by covering: Tempus AI Inc. Read 's Market Analysis on Investing.com ...
C3.ai Q3 Earnings Call Highlights
Yahoo Finance· 2026-02-26 11:54
On profitability and cash flow, the company posted a non-GAAP operating loss of $63.4 million and a non-GAAP net loss of $56.4 million, or $0.40 per share. Free cash flow was negative $56.2 million. Lath said C3.ai ended the quarter with $621.9 million in cash equivalents and marketable securities.Bookings for the quarter were $46.9 million. Non-GAAP gross profit was $19.6 million and non-GAAP gross margin was 37%. Lath also noted non-GAAP gross margin for professional services was 82%.Chief Financial Offic ...