NEW YORK, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ:FRMI), certain of the Company’s senior executives and directors, and underwriters of Fermi’s Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cas ...

Core Insights - The Indian Economic Survey 2025-26 warns of a potential global financial "systemic shock cascade" in 2026, which could be more severe than the 2008 Global Financial Crisis [1][2] Group 1: Economic Risks - The survey estimates a 10-20% probability for a worst-case scenario where financial, technological, and geopolitical stresses amplify each other [2] - A concentration of capital in AI infrastructure has exposed business models reliant on optimistic execution timelines and narrow customer bases, which could lead to tighter global financial conditions and increased risk aversion [3] Group 2: Geopolitical and Market Interactions - The risks are heightened when technological vulnerabilities coincide with geopolitical escalations or trade disruptions, potentially leading to a significant contraction in global liquidity and capital flows [4] - The macroeconomic consequences of such interactions could surpass those experienced during the 2008 financial crisis [4] Group 3: India's Position - India is relatively better positioned due to strong macroeconomic fundamentals, with a medium-term growth outlook upgraded to 7%, but it is not immune to external risks [4][5] - The survey suggests that India should adopt a strategy of "strategic sobriety" to manage potential global shocks while maximizing domestic growth [5] Group 4: Market Performance - The Nifty 50 index has declined by approximately 3.16% year-to-date and has only risen 8.91% over the year, contrasting with the S&P 500 index, which is up 1.61% year-to-date and 14.79% over the year [6]

Core Insights - SuperX AI Technology Limited has officially commenced production at its newly established SuperX Global Supply Center in Tsu City, Japan, marking a significant transition to scaled commercial production [1][2] - The facility is designed to leverage Japan's engineering excellence and is expected to serve SuperX's global customer base effectively [2][4] Strategic Rationale & Operational Focus - The Japan supply center aims to integrate local industrial capabilities with SuperX's technical expertise, focusing on immediate commercial execution and customer support [2][3] - In January 2026, SuperX secured customer purchase orders valued at approximately USD 910 million and entered into MOUs for 5,000 AI server units, potentially worth up to USD 2.1 billion [2] Globalized Support Services - SuperX is implementing a standardized technical service system, including 24/7 global support from a center in Singapore, to enhance customer service during AI server deployment and post-sales [3] - The company combines a global technical team with a local spare-parts network in Japan to provide customizable project implementation and maintenance options [3] Production Capacity & Quality Assurance - The Japan facility is capable of producing up to 20,000 AI servers annually, with plans for future expansion to meet global demand [5] - The center will adhere to Japan's rigorous execution standards to ensure high reliability for its high-performance AI servers [5]

Core Insights - Both Iren and Applied Digital have transitioned from the crypto industry to focus on AI and high-performance computing, each adopting different strategies to capture AI-related business opportunities [2][5] Company Overview: Iren - Iren's stock has increased over 400% in the past year, with a current market cap of $20 billion and a high forward price-to-earnings (P/E) ratio of around 50 [4] - The company recently secured a $9.7 billion AI cloud contract with Microsoft, leading to a significant improvement in net income from a loss of $51.7 million in Q1 of the previous fiscal year to a gain of $384.6 million in Q1 of fiscal 2026 [4][3] - Iren retains flexibility by operating in both crypto and high-performance computing, allowing it to adapt based on market demand [3] Company Overview: Applied Digital - Applied Digital's stock has surged over 500% in the past year, with a current market cap of $11 billion and a gross margin of 16.40% [6][7] - The company reported a 250% increase in revenue in its latest quarter, benefiting from multibillion-dollar leases with hyperscalers and a backlog of $16 billion [7] - Applied Digital focuses on building high-performance data centers and offering long-term leases, which provides predictable cash flows [5] Investment Considerations - Investors seeking cash flow predictability may find Applied Digital more appealing due to its stable revenue from contracts [8] - Iren offers optionality and upside potential but comes with higher volatility due to the cyclical nature of crypto and uncertainties in the AI compute market [8][9] - Both companies have shown significant returns driven by positive sentiment towards AI infrastructure, but they are not considered low-risk investments [9]

New York, New York--(Newsfile Corp. - January 29, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company's senior executives and directors, and underwriters of Fermi's Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://ww ...

Core Insights - IREN LIMITED (NASDAQ:IREN) is transitioning from a crypto mining company to a leader in AI infrastructure, positioning itself for potential outperformance in the AI sector [1][4][6] - The S&P 500 is reaching record highs, driven by technology and AI stocks, encouraging a shift towards higher-risk investments in AI infrastructure [2] - IREN's Sweetwater 1 facility, with a capacity of approximately 1.4 gigawatts, is crucial for realizing its Annual Recurring Revenue (ARR) and sustaining valuation into fiscal year 2026 [3][4] Company Performance - IREN's stock price is currently around $57.85, reflecting a decrease of about 8.09% from a previous high of $76.87 over the past year [5] - The company has a market capitalization of approximately $16.4 billion, with a trading volume of around 17.8 million shares today [5] - IREN's stock has seen an 8.30% increase recently, indicating growing momentum in the market [4][6] Industry Context - IREN and CoreWeave Inc. are recognized as leading players in the AI infrastructure sector, with significant investments driving their growth [2][6] - CoreWeave has received a $2 billion investment from Nvidia, enhancing its partnership and expansion efforts [2] - The AI infrastructure sector is experiencing a rebound, with companies like IREN positioned to capitalize on the increasing demand for AI workloads [2][4]

Core Viewpoint - Bit Digital has undergone a significant transformation in 2025, focusing on capital markets evolution and exiting non-aligned businesses to concentrate on programmable financial infrastructure through Ethereum and AI automation [1][4][16]. Business Strategy - The company has transitioned from bitcoin mining to a strategic asset company model, emphasizing the deployment and operation of assets rather than merely holding them [2][3]. - The exit from bitcoin mining was driven by a reassessment of capital efficiency, leading to a focus on infrastructure that allows for active participation and yield generation [4][5]. Ethereum as Economic Infrastructure - Ethereum has been central to Bit Digital's strategy since 2022, with a significant focus in 2025, recognizing it as a core strategic asset rather than just a token [6][8]. - By the third quarter, Bit Digital held over 150,000 ETH, with most staked to generate protocol-native rewards while ensuring liquidity and custody standards [7][8]. AI as Intelligence Infrastructure - The company has strengthened its position in AI infrastructure through a majority stake in WhiteFiber, addressing the growing demand for AI-driven compute amid structural constraints in power and data center capacity [10][12]. - Bit Digital views its ownership in WhiteFiber as a core strategic asset, committing to long-term ownership without plans for secondary offerings in 2026 [12][19]. Capital Position and Financing - To support its transformation, Bit Digital completed an unsecured convertible note offering, preserving balance sheet flexibility while raising capital at a premium conversion price [14][15]. - The company maintains a disciplined approach to capital allocation, focusing on long-term infrastructure ownership rather than short-term liquidity [15][20]. Future Outlook - As Bit Digital enters 2026, the focus shifts from transformation to execution, aligning with market trends that reward productive and durable infrastructure [16][17]. - The company aims to generate alpha by moving beyond passive exposure to actively creating differentiated value through operational excellence and strategic capital deployment [20].

Core Viewpoint - Bit Digital reaffirms its long-term investment in WhiteFiber and confirms it will not sell any shares during 2026, emphasizing its commitment to this strategic holding [1][2][3] Investment Details - Bit Digital owns approximately 27 million shares of WhiteFiber, and the IPO lockup period for these shares will expire on February 2, 2026 [2] - The company views its investment in WhiteFiber as a core strategic holding and plans to maintain its ownership without selling any shares during 2026 [2][3] Strategic Importance - The CEO of Bit Digital highlighted that WhiteFiber is central to the company's long-term strategy, representing core exposure to AI infrastructure alongside its Ethereum-focused digital asset platform [3] - The continued ownership of WhiteFiber shares reflects strong alignment with other shareholders and confidence in WhiteFiber's long-term growth potential [3] Company Overview - Bit Digital is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies, operating one of the largest institutional Ethereum staking infrastructures globally [4] - The company has been accumulating and staking ETH since 2022 and aims to deliver secure, scalable, and compliant access to on-chain yield through strategic partnerships [4] - Bit Digital holds a majority equity stake in WhiteFiber, a leading provider of AI infrastructure and HPC solutions [4]

New York, New York--(Newsfile Corp. - January 28, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company's senior executives and directors, and underwriters of Fermi's Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://ww ...

Group 1: Earnings Reports Overview - Earnings season is likened to traveling, with excitement leading to overwhelming moments when results are released [1] - The focus is on monitoring a wide range of earnings reports, not just the high-profile companies [2] Group 2: Company-Specific Insights - **Celestica Inc (CLS)**: The stock is off its record high of $363.40 but has shown a positive trend with a 100-day moving average increase. It has posted four consecutive post-earnings gains, with an implied earnings deviation of 14.7% [4][6] - **Nucor Corp (NUE)**: The company benefits from tariff dynamics and increased demand in the infrastructure sector. Its implied earnings deviation is 3.5%, which is below its two-year historical average [6] - **NextEra Energy (NEE)**: As the largest electric utility by market capitalization, it has seen muted post-earnings moves, indicating a focus on dividends rather than volatility. The implied earnings deviation is 5.0% [7] - **UnitedHealth Group (UNH)**: The first major health insurer to report, with recent price action being flat. Historical volatility has been influenced by an earnings miss in April 2025, with an implied earnings deviation of 5.3% [8][13]