AI Infrastructure Demand Drives Growth for AMD and Hut 8
McKinsey projects data center spending could reach $7 trillion by 2030. AMD expects 35% annual revenue growth, while Hut 8 signed a multibillion-dollar deal with Anthropic.
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Latest reporting and analysis by Miss Jessyca Nolan IV.
McKinsey projects data center spending could reach $7 trillion by 2030. AMD expects 35% annual revenue growth, while Hut 8 signed a multibillion-dollar deal with Anthropic.
ImmunityBio shares rose 30.79% Thursday, marking a 10-day rally after reporting a 700% increase in preliminary 2025 revenue for its drug Anktiva.
CompoSecure Inc. stock gained for a third day after announcing a $2.5 billion refinancing to cut debt and plans to rebrand as GPGI Inc. following a merger.
Bank of America introduces a new cash-back credit card featuring monthly customizable 3% reward categories, a $200 welcome bonus, and a 0% introductory APR period.
Mobix Labs appointed Amir Asvadi as General Manager for its EMI product line and defense operations on January 5. The company plans to move into a larger military-approved facility to increase production capacity.
Kepler Cheuvreux and Jefferies raised price targets for Barclays, citing capital redeployment and structural hedge benefits. The bank also invested in Ubyx Inc., a firm developing a digital money clearing system.
TQL clawed back bonus funds after a payroll error overpaid some brokers. The company notified affected employees by email, seeking repayment for amounts over $1,000.
Fenimore Asset Management released its Q4 2025 investor letter, detailing performance of its strategies and highlighting Paychex as a key detractor. The firm noted market volatility driven by AI enthusiasm and economic uncertainty.
Barclays lowered its price target for Reinsurance Group of America to $237 while maintaining an Overweight rating. RGA recently invested in FoxPath Capital Partners to access private assets.