Proactiveinvestors

Cipher Digital shares slump as data centre developer plans $850 million convertible note sale

Cipher Digital (NASDAQ:CIFR), the data centre developer, fell 11% to $11.53 as investors weighed plans to raise $850 million through convertible notes that ...
Proactiveinvestors

CoreWeave sinks 14% as Musk’s ‘Yikes’ comment fuels AI debt fears

CoreWeave (NASDAQ:CRWV), the artificial intelligence cloud infrastructure provider, fell 14% to $66.73 on Wednesday as soaring bond yields and Elon Musk’s ...
Proactiveinvestors

Anglo Asian Mining reports Q3 jump in copper production as Demirli ramp-up continues

Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF, FRA:A4A) reported a 141% year-on-year jump in third-quarter copper production, driven by the continued ramp-up of its Demirli mine in Azerbaijan, as the ...
Proactiveinvestors

Penske Automotive to be taken private in $16.3 billion deal

Penske Automotive Group Inc (NYSE:PAG) agreed to be taken private by Penske Corporation and Mitsui & Co in a deal valuing the automotive and commercial ...
Proactiveinvestors

Standard Uranium secures extension to close C$3 million private placement

Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) said its C$3 million private placement with a Southeast Asian strategic investor is progressing as planned, and the TSX Venture Exchange has ...
Proactiveinvestors

Bank of America profits hit by $1.2 billion regulatory penalty despite higher interest income

Bank of America Corp (NYSE:BAC), the US banking group, reported third-quarter net income of $6.9 billion after booking a $1.2 billion regulatory penalty, although rising interest income and wealth ...
Proactiveinvestors

Dune Oil settles TR1 Master Fund loan, advances funds for Türkiye seismic work

Dune Oil Corp (CSE:DUNE, OTCQB:DUNXF, FRA:Z620) has agreed to settle a US$3.68 million loan with TR1 Master Fund, which it expects to record as a US$2.98 million net gain, the company said on Thursday ...
Proactiveinvestors

UnitedHealth raises 2026 earnings outlook as quarterly operating profit jumps 52%

The medical care ratio, which measures medical costs as a proportion of premium revenue, improved to 88.4% from 89.9%, partly reflecting medical cost management, pricing discipline and a $610 million ...
Proactiveinvestors

Liquidia shares surge 25% as settlement ends United Therapeutics litigation

Liquidia Corporation (NASDAQ:LQDA), the biopharmaceutical company, surged 25% to $33.47 after settling all six pending lawsuits with United Therapeutics ...
Proactiveinvestors

Unity price target lifted as Vector attracts bigger advertising budgets

Wedbush has raised its price target for Unity Software Inc (NYSE:U), the video game development software and advertising technology company, to $55 from ...
Proactiveinvestors

Bumble to go private in $1.3 billion Ithaca Holdings takeover

Bumble Inc (NASDAQ:BMBL), the dating app company founded by Whitney Wolfe Herd, is set to leave public markets after agreeing to a $1.3 billion takeover by ...
Proactiveinvestors

Yum Brands faces weaker Taco Bell sales as Pizza Hut exit cuts earnings outlook

Jefferies has cut its earnings forecasts for Yum! Brands Inc (NYSE:YUM), the owner of Taco Bell and KFC, as weaker Taco Bell sales and the disposal of Pizza ...