Core Weave - CoreWeave is a next-generation neocloud company specializing in large language model (LLM) training and AI inference, with a close relationship with Nvidia for access to high-end GPUs [3] - The company is aggressively increasing capital expenditures, planning to more than double them next year, to meet soaring demand for AI services [4] - CoreWeave has reportedly turned away business worth an estimated $40 billion to $50 billion from Microsoft due to high demand [4] - Citigroup indicates that CoreWeave's capacity is sold out for 2026, with discussions already underway for early 2027 bookings, suggesting potential hypergrowth [5] - Despite a strong performance post-IPO, CoreWeave's stock is still over 50% below its all-time high, indicating room for growth [5] Applied Digital - Applied Digital builds and manages specialized data centers designed for AI, focusing on handling intense heat and power requirements [6] - The company designs cooling systems and provides power, addressing a significant bottleneck in AI infrastructure development [7] - Applied Digital has transitioned from Bitcoin mining to providing data center expertise, attracting companies that need power access but lack building capabilities [7] - Both Applied Digital and CoreWeave experienced strong performances in 2025, with Applied Digital supporting neocloud providers through specialized infrastructure [8]

We recently published Santa Came Early for These 10 Double-Digit Gainers. Hut 8 Corp. (NASDAQ:HUT) is one of the best performers on Monday. Hut 8 rallied for a second day on Monday, soaring 14.21 percent to finish at $50.39 apiece after receiving bullish coverage and a higher price target from an investment firm. In a market note, investment firm Benchmark issued a “buy” recommendation on shares of Hut 8 Corp. (NASDAQ:HUT), and raised its price target by 8.9 percent to $85 from $78 previously. The new f ...

New York, NY, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Spartan Capital Securities, LLC, a premier investment banking firm, today announced that Hyperscale Data, Inc. (NYSE American: GPUS) has entered into a sales agreement under which Spartan Capital Securities will act as the Company’s sales agent for an at-the-market equity offering program. Under the sales agreement, Hyperscale Data may offer and sell shares of its common stock with aggregate gross proceeds of up to $50,000,000. Shares may be sold from time to ...

Core Insights - TeraWulf secured regulatory approval for its Lake Cayuga site, allowing the conversion of a former coal plant into a data center, resolving a zoning dispute that had previously stalled its plans [1][4] Group 1: Regulatory Approval - The Town of Lansing voted 3-2 to classify TeraWulf's facility as "general processing," enabling the company to proceed without further rezoning or variances [2] - Previous attempts to classify the site as a scientific research laboratory and a warehouse were rejected [2][3] Group 2: Impact on Company Operations - The approval resolves a core zoning dispute that has negatively impacted sentiment in recent months, allowing TeraWulf to advance planning and design for the site [4] - The company targets a capacity of 138 megawatts at the Lake Cayuga location by the end of 2026, with long-term plans for 400 megawatts by the end of 2027 [4] Group 3: Financial Developments - TeraWulf recently announced the pricing of $1.275 billion in senior secured notes due in 2030, issued through its Flash Compute joint venture with Fluidstack [5]

Core Insights - Jet.AI Inc. announced a planned joint venture with Choo Choo Express LLC to develop a 50-megawatt data center campus in Moapa, Nevada, with an estimated enterprise value of approximately $500 million [1][10]. Project Overview - The data center will be developed on approximately 20 acres of land in Moapa, with CCE expected to contribute the land to the joint venture [6]. - The site is strategically located near existing utility corridors and a major roadway, adjacent to a remediated coal plant that operates as a 200-megawatt battery energy storage facility [5][7]. Financial Commitments - Jet.AI plans to invest around $10 million over a two-year period, contingent on achieving specific development and infrastructure milestones [8]. - The enterprise value of a fully developed 50-megawatt data center is estimated to consist of about $400 million in project debt and $100 million in equity, with Jet.AI expected to receive approximately 70% of the equity promote [10]. Economic Projections - In a fully de-levered scenario, the equity portion could represent about 25% of the total enterprise value, equating to approximately $125 million [11]. - Based on the initial $10 million investment, the projected return could be around 1.5x during the development period and up to 11.5x over a longer-term horizon as debt is repaid [11]. Strategic Advantages - The Moapa campus is one of the few sites in the Southwest capable of supporting hyperscale inference workloads, offering low-latency connectivity to California and key Southwestern markets [7]. - The joint venture benefits from CCE's extensive experience in large-scale data center operations and local development knowledge [9].

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Insights - Cipher Mining Inc. has acquired a 200-megawatt site in Ohio, named "Ulysses," which includes 195 acres of land and necessary interconnection approvals to participate in the PJM market [1][2] - The site is expected to energize in the fourth quarter of 2027 and is well-suited for high-performance computing (HPC) applications due to its acreage, energization timeline, and proximity to a major metropolitan area [1][2] - This acquisition marks Cipher's first expansion outside of Texas, indicating the company's ability to source high-quality opportunities nationwide and its commitment to diversifying its development pipeline [2] Development Pipeline - With the addition of the Ulysses site, Cipher's development pipeline now totals 3.4 gigawatts (GW) across 8 sites [3] Company Overview - Cipher focuses on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting, aiming to be a market leader in innovation within these sectors [4]

Group 1: Novo Nordisk and Obesity Treatment - Novo Nordisk received FDA approval for the first-ever obesity treatment pill, set to launch early next year at a starting dose of 1.5 milligrams for $149 per month [7] - The approval is seen as a landmark decision that could expand access for patients suffering from obesity [1] - Following the news, shares of Novo Nordisk surged by 7%, while competitor Eli Lilly's shares fell by over 1% as it attempts to launch its own obesity pill [7] Group 2: Paramount and Warner Bros. Discovery - Paramount Skydance secured the backing of billionaire Larry Ellison in its bid for Warner Bros. Discovery, addressing concerns about financing from WBD's board [2][3] - WBD investors face a decision to either accept a sale to Netflix or tender their shares to Paramount, with potential implications for shareholder value [3] Group 3: Alphabet and Data Center Acquisition - Alphabet announced its acquisition of data center company Intersect for $4.75 billion in cash, which includes assuming its debt, aimed at enhancing data center capacity [5] Group 4: Janus Henderson Acquisition - Trian Fund Management and General Catalyst are set to acquire asset manager Janus Henderson for $49 per share, valuing the company at approximately $7.4 billion, with shares rising over 3% following the announcement [6] Group 5: Electric Vehicle Market Trends - The initial excitement around electric vehicles (EVs) has diminished, with legacy automakers now prioritizing traditional trucks and SUVs over EVs due to unmet demand expectations [9][10] Group 6: Instacart Pricing Strategy - Instacart announced the end of its AI-driven pricing tests after consumer concerns about price discrepancies for identical items, indicating a shift in its pricing strategy [11][12]

Company Held Approximately $50 Million of Cash and Restricted Cash as of December 19, 2025; $30.5 Million of Cash Allocated for Future Purchases of Bitcoin  LAS VEGAS, Dec. 23, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, including current holdings and cash allocated to committed purchases of Bitcoin, totaled approximately $76 millio ...

Core Viewpoint - Oracle is experiencing significant growth in its cloud infrastructure segment, driven by high demand from AI developers, but faces challenges in scaling its data center capacity to meet this demand [5][8]. Group 1: Data Center Capacity and Infrastructure - Oracle has rapidly expanded its data center capacity, with 147 regions operational and 64 more planned as of the end of its fiscal 2026 second quarter [1]. - The company’s data centers provide access to over 131,000 GPUs, enabling the handling of advanced AI workloads [2]. - Oracle employs proprietary RDMA networking technology, which enhances data transfer speeds, leading to potential cost savings for AI developers who pay for computing by the minute [3]. Group 2: Financial Performance - In the fiscal 2026 second quarter, Oracle reported total revenue of $16.1 billion, a 14% increase year-over-year, with cloud infrastructure revenue soaring by 66% to $4.1 billion [7]. - The company's remaining performance obligations (RPO) surged by 438% year-over-year to $523 billion, indicating strong demand for its services [8]. Group 3: Customer Concentration and Risks - Approximately $300 billion of Oracle's RPO is attributed to OpenAI, raising concerns about customer concentration risk, as OpenAI may not have the financial capacity to fulfill this commitment [9][10]. - Oracle's debt stands at around $108 billion, and the company is increasing its debt to fund further data center construction, which has contributed to investor skepticism [10]. Group 4: Market Position and Future Outlook - Oracle's market capitalization is currently about $550 billion, and it would need an 82% increase in stock price to join the $1 trillion club, requiring a near doubling of its earnings per share [13]. - Despite the challenges, Oracle's AI business is growing rapidly, suggesting potential for future growth, although it may not be the next company to reach the $1 trillion valuation [14].