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BlackRock Nears $40 Billion Data Center Deal in Bet on AI
Yahoo Finance· 2025-10-03 10:09
BlackRock Inc.’s Global Infrastructure Partners is in advanced talks to acquire Aligned Data Centers, targeting a major beneficiary of AI spending in one of the year’s biggest deals, according to people familiar with the matter. Most Read from Bloomberg Aligned, which is backed by Macquarie, could be valued at about $40 billion in a transaction, one of the people said. An agreement could be announced within days, the people added, asking not to be identified because the information is private. MGX, an A ...
Haefele: The dollar is absorbing a lot of the shock
CNBC Television· 2025-10-01 12:08
So, do you agree with that sentiment that the ADP report it has a greater waiting and could be a market mover and a market looking for data about the economy, looking for data about jobs. >> There's no question that uh with the Fed really trying to be data dependent, people are going to look at it. Uh but there's there's a lot of data right now and I think uh we we're coming off a strong earnings season.uh there is going to be more Fed cuts coming we believe whether it's you know this month the market think ...
Why BlackRock may not need to pay a big premium for a $38 billion energy acquisition
MarketWatch· 2025-10-01 10:12
Shares in U.S. power company AES Corp. spiked more than 15% in premarket trading Wednesday after BlackRock-owned GIP was reported by the Financial Times to have launched a bid worth around $38 billion. ...
Nature loss could cut mining, power earnings by a quarter, Barclays finds
Reuters· 2025-09-25 11:18
Company earnings could fall by as much as 25% over five years due to nature degradation, Barclays said, as rising input costs and operational disruptions driven by policy changes and worsening environ... ...
Sensex dives 556 points, Nifty settles below 25,000
Rediff· 2025-09-25 10:44
Stock markets closed with losses for the fifth consecutive day on Thursday, with the Sensex tumbling 555.95 points due to relentless foreign fund outflows and concerns over the US H-1B visa fee, making investors jittery.Photograph: Danish Siddiqui/ReutersThe 30-share BSE Sensex tanked 555.95 points or 0.68 per cent to settle at 81,159.68.During the day, it dropped 622.74 points or 0.76 per cent to 81,092.89. The 50-share NSE Nifty tumbled 166.05 points or 0.66 per cent to 24,890.85.A weak trend in global pe ...
FLINT Announces Completion of Recapitalization
Globenewswire· 2025-09-23 23:17
Core Viewpoint - FLINT Corp. has successfully completed a recapitalization transaction aimed at optimizing its capital structure and significantly reducing its debt profile and annual interest costs [3][4]. Group 1: Recapitalization Details - The recapitalization involved a consolidation of common shares at a ratio of one post-consolidation share for every 40 pre-consolidation shares [2]. - Senior secured notes totaling approximately $135.3 million were exchanged for about 99 million newly issued common shares, while preferred shares were exchanged for approximately 8.25 million newly issued common shares [2]. - The recapitalization was approved by holders of common shares, preferred shares, and senior secured notes during meetings held on September 23, 2025, followed by final approval from the Alberta Court of King's Bench [3]. Group 2: Shareholder and Control Changes - Canso Investment Counsel Ltd., the largest shareholder and primary lender, controlled approximately 97% of the senior secured notes and 99% of the outstanding preferred shares prior to the recapitalization [4]. - Post-recapitalization, Canso is expected to control approximately 107.7 million common shares, representing about 97.8% of the outstanding common shares [4]. Group 3: Financial Facilities and Future Outlook - Concurrent with the recapitalization, FLINT extended the maturity dates of its Asset-Based Revolving Credit Facility to April 14, 2030, and its Term Loan Facility to October 14, 2030 [5]. - The CEO of FLINT stated that the successful completion of the recapitalization positions the company to pursue strategic growth opportunities and deliver long-term value to shareholders [6].
Eni strikes more than $1 billion power deal with US fusion firm Commonwealth
Reuters· 2025-09-22 11:03
Group 1 - Eni has entered into a power purchase agreement exceeding $1 billion with Commonwealth Fusion Systems for a project in Virginia [1] - The collaboration aims to generate power by the early 2030s [1]
GE Vernova Surges Post-IPO with Strong Earnings, Analyst Confidence, and Capital Boost
Yahoo Finance· 2025-09-20 13:37
GE Vernova Inc. (NYSE:GEV) is one of the 11 Best Performing IPOs in the Last 2 Years. The consensus rating from 35 analysts remains a Buy, following positive second-quarter results and the acquisitions of Proficy by TPG. GE Vernova Surges Post-IPO with Strong Earnings, Analyst Confidence, and Capital Boost On July 23, 2025, GE Vernova Inc. (NYSE:GEV) reported a revenue of $9.11 billion. Compared to the same quarter of 2024, the revenue has seen an increase of 11%. With the revenue projecting a positive ...
'Big Short' investor Steve Eisman: The most the Fed will cut in the end is 100 bps total
Youtube· 2025-09-18 11:58
Economic Outlook - The equity market is not expected to react strongly to inflation unless the bond market shows significant movement, which currently remains subdued [2] - The overall economic situation is perceived as stable, with a good economy despite some weakness in employment [3][4] - The Federal Reserve is anticipated to make minor adjustments rather than aggressive cuts, with a total of 100 basis points expected at most [4][5] AI and Technology Sector - The AI narrative continues to be a major driver of the economy and stock market performance, with significant developments noted in companies like Oracle [3][7] - The current focus is on hardware investments, with concerns about the impact on software companies, which are showing signs of struggle [8][9] Energy and Power Innovations - There is a growing interest in nuclear power, with companies developing small nuclear reactors to be placed near data centers, indicating a shift in energy solutions [9][10] - The potential for a trillion-dollar market exists in finding lower power consumption methods for technology development, raising questions about future energy needs and profitability [10][11]
Melius Upgrades GE Vernova To Buy, Boosts Target To $740 On Power Demand Growth
Financial Modeling Prep· 2025-09-15 19:37
Group 1 - Melius upgraded GE Vernova from Hold to Buy and raised its price target to $740 due to increasing global power demand and strong pricing power [1] - The stock has risen fivefold since its spin-off, with analysts noting that the backdrop for energy demand and pricing trends continues to strengthen [1] - Analysts forecasted an upside to earnings estimates over the next several years, with pricing power expected to become increasingly evident by 2028 [1] Group 2 - The $740 price target is based on 34 times the 2027 earnings estimate and 20 times the early 2028 forecast, indicating confidence in the company's long-term growth trajectory [2]