Kazyaka/iStock via Getty Images Canadian cannabis company Tilray ( TLRY ) announced on Wednesday that it is filing an at-the-market equity program to raise up to $180M to expand its global beverage business as part of its next phase of growth. Concurrently, the company announced that it issued approximately 1.9M shares of the company in total as part of private debt-for-equity exchange transaction...
Kazyaka/iStock via Getty Images Canadian cannabis company Tilray ( TLRY ) announced on Wednesday that it is filing an at-the-market equity program to raise up to $180M to expand its global beverage business as part of its next phase of growth. Concurrently, the company announced that it issued approximately 1.9M shares of the company in total as part of private debt-for-equity exchange transactions it entered into with unrelated parties. The equity offering comes six weeks after Tilray ( TLRY ) acquired strategic assets of BrewDog, a multinational craft beer business, including its brand and U.K. brewing operations, for a total consideration of $40M (£33) last month. Additionally, on Wednesday, the company announced the acquisition of Lyphe Group, a UK-based medical cannabis clinic and digital pharmacy platform. While financial terms of the deal were not disclosed, Rajnish Ohri, TLRY’s president of international operations, noted that Lyphe could be accretive to the company's bottom line in 2027. The 1.9M share issuance will be in exchange for convertible debt worth $12M in principal terms, the Leamington, Canada-based company said in a regulatory filing. As part of the transactions, Tilray ( TLRY ) exchanged 5.20% convertible senior notes due June 15, 2025, for roughly 1.9M shares of the company’s common stock , with a par value of $0.0001 per share. In its Q3 financials for fiscal 2026 earlier this month, Tilray ( TLRY ) reported about $264.8M in cash, restricted cash, and marketable securities as of Feb. 28, indicating a ~7% YoY improvement. More on Tilray Tilray Has Strong Synergies, But Sector Remains Weak Tilray Brands Is Looking Better Tilray Brands, Inc. (TLRY) Q3 2026 Earnings Call Transcript Tilray rebounds as Roth Capital upgrades to Buy after Q3 results Tilray reaffirms FY2026 adjusted EBITDA of $62M-$72M as BrewDog deal targets $1.2B annualized revenue run rate
LIVINGSTON, N.J. & NEW YORK, April 15, 2026--CoreWeave, Inc. (Nasdaq: CRWV), the Essential Cloud for AI™, and Jane Street, a global technology-driven trading firm, today announced that Jane Street has committed approximately $6 billion to use CoreWeave’s AI cloud platform.
LIVINGSTON, N.J. & NEW YORK, April 15, 2026--CoreWeave, Inc. (Nasdaq: CRWV), the Essential Cloud for AI™, and Jane Street, a global technology-driven trading firm, today announced that Jane Street has committed approximately $6 billion to use CoreWeave’s AI cloud platform.
Allbirds ( BIRD ) has signed a definitive agreement with an institutional investor for a $50M convertible financing facility. The facility , which is expected to close during the second quarter of 2026, will enable the company to pivot its business to AI compute infrastructure, with a long-term vision to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider. In...
Allbirds ( BIRD ) has signed a definitive agreement with an institutional investor for a $50M convertible financing facility. The facility , which is expected to close during the second quarter of 2026, will enable the company to pivot its business to AI compute infrastructure, with a long-term vision to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider. In connection with this pivot, the company anticipates changing its name to “NewBird AI.” The company expects to use initial capital from the facility to acquire high-performance GPU assets, which will be deployed to serve customers requiring dedicated access to AI compute capacity. BIRD shares rose nearly 17% premarket to $2.92. More on Allbirds Allbirds jumps 30% on $39M acquisition deal by American Exchange Group Allbirds to close remaining full-price U.S. stores Seeking Alpha’s Quant Rating on Allbirds Historical earnings data for Allbirds Financial information for Allbirds
Brazil is returning to international debt markets with its first sale of euro-denominated bonds in over a decade, joining a wave of emerging-market borrowers seeking to diversify their funding sources. Latin America’s largest economy is offering euro bonds due in 2030, 2033 and 2036, according to a person familiar with the matter. Initial price talks point to spreads of about 180, 245 and 290 over...
Brazil is returning to international debt markets with its first sale of euro-denominated bonds in over a decade, joining a wave of emerging-market borrowers seeking to diversify their funding sources. Latin America’s largest economy is offering euro bonds due in 2030, 2033 and 2036, according to a person familiar with the matter. Initial price talks point to spreads of about 180, 245 and 290 over midswaps, respectively, said the person, who asked not to be identified. The euro-denominated issuance would be Brazil’s first since 2014, according to Brazilian Treasury data. Earlier this month, officials sounded out investors in London to gauge appetite ahead of a potential deal. The Brazilian Treasury has announced plans to tap international debt markets more often in 2026 with bond issuances denominated in US dollars, euros, and Chinese renminbi. Read more: Brazil to Tap Global Debt Markets in Dollars, Euros, Yuan Brazil’s efforts to tap alternative markets are aimed at building benchmark yield curves and advancing the internationalization of its public debt, Finance Minister Dario Durigan told Bloomberg on Tuesday. Meantime, emerging-market issuers are more broadly increasingly turning to euro funding in response to demand for reduced dollar exposure. BBVA, BNP Paribas, BofA Securities and UBS Investment Bank are handling the new sale, which may price on Wednesday, the person said. The transaction comes ahead of presidential elections scheduled for October. Incumbent Luiz Inacio Lula da Silva and Flavio Bolsonaro — the eldest son of former President Jair Bolsonaro — are expected to face off in a tight race, with some polls showing Flavio holding a slight advantage. Brazil is rated Ba1 by Moody’s, one notch below investment grade, and BB by Fitch Ratings and S&P Global Ratings, two notches into junk.
JPMorgan Chase & Co. is offering investment-grade bonds in as many as four parts , following the financial heavyweight’s record trading haul in the first quarter. The callable notes range in tenor from four to 11 years, with the latter offered at a premium of about 1.1 percentage points above Treasuries, a person familiar with the matter said Wednesday. Proceeds are for general corporate purposes....
JPMorgan Chase & Co. is offering investment-grade bonds in as many as four parts , following the financial heavyweight’s record trading haul in the first quarter. The callable notes range in tenor from four to 11 years, with the latter offered at a premium of about 1.1 percentage points above Treasuries, a person familiar with the matter said Wednesday. Proceeds are for general corporate purposes. The company raised a combined $9 billion in January from four bonds across two deals. JPMorgan’s first offering of the year, a day after reporting fourth-quarter results, raised $6 billion , matching the amount it sold last April . Goldman Sachs Group Inc. kicked off the Wall Street majors’ latest round of deals on Monday, pricing $6.5 billion of notes. The banks are expected the make up the lion’s share of this week’s projected $40 billion of investment-grade bond sales, which if met would be the busiest week in over a month. In JPMorgan’s earnings report, it said trading revenue rose 20% from a year earlier in the first quarter. But the company also reversed February’s increase to projected 2026 net interest income. Four foreign firms unveiled investment-grade bond deals overnight, after $10.9 billion of notes priced on Tuesday.
South Korea emerged as ASML Holding NV ’s largest market in the first quarter as the country’s memory chip makers increase purchases to address chronic shortages stemming from the artificial intelligence boom. Shipments of the Dutch company’s chipmaking tools to South Korea surged in the first quarter to 45% of net system sales, compared to 22% in the preceding three months. That works out to sale...
South Korea emerged as ASML Holding NV ’s largest market in the first quarter as the country’s memory chip makers increase purchases to address chronic shortages stemming from the artificial intelligence boom. Shipments of the Dutch company’s chipmaking tools to South Korea surged in the first quarter to 45% of net system sales, compared to 22% in the preceding three months. That works out to sales of €2.84 billion ($3.34 billion) in the most recent quarter, up from €1.67 billion. Although ASML did not name specific customers, Samsung Electronics Co. and SK Hynix Inc. are leading manufacturers of memory chips. The Veldhoven-based company did say the memory chip market accounted for more than half of its tool sales in the period as it reported earnings Wednesday. “If we look at memory, what our customers tell us is that they are sold out for 2026. And their supply constraints will last beyond 2026,” Chief Executive Officer Christophe Fouquet said in a video accompanying results. Read More: Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis With capital spending on AI data centers soaring, technology companies from Alphabet Inc. to OpenAI are also competing for memory chips to power their applications. That’s sparked a shortage and spiked prices across the tech industry, with chipmakers now racing to expand capacity to satiate some of that demand. While the details of South Korea’s orders in the first quarter aren’t public, SK Hynix in March announced plans to spend nearly $8 billion on extreme ultraviolet lithography machines in a deal valid through 2027. Jefferies International analyst Janardan Menon at the time suggested that most of the orders may have already been placed. Taiwan was ASML’s second largest market in the three months through March. China saw its contribution to net system sales drop to 19% from more than a third in the fourth quarter. ASML has said that the Chinese market’s contribution to revenue would fall to about 20%. The company has ...
European Union chief Ursula von der Leyen said on Wednesday that an EU-developed age-verification app was ready to go, as the bloc pushes to better protect children from online harm. Brussels has been under pressure to come up with more stringent measures to safeguard children online as several EU capitals move ahead with plans to ban social media under a certain age. To that end, five EU countrie...
European Union chief Ursula von der Leyen said on Wednesday that an EU-developed age-verification app was ready to go, as the bloc pushes to better protect children from online harm. Brussels has been under pressure to come up with more stringent measures to safeguard children online as several EU capitals move ahead with plans to ban social media under a certain age. To that end, five EU countries including France and Italy last year started testing an age-check app that von der Leyen said on...
Harvested processing tomatoes in a loaded gondola on their way out of the field in Yolo County, California. Jack Clark/Design Pics Editorial/Universal Images Group via Getty Images) A key ingredient for pizza, BLTs, springtime salads and other dishes has gotten a lot pricier of late. Prices for fresh tomatoes have soared in recent months, largely on the back of tariffs , higher energy costs trigge...
Harvested processing tomatoes in a loaded gondola on their way out of the field in Yolo County, California. Jack Clark/Design Pics Editorial/Universal Images Group via Getty Images) A key ingredient for pizza, BLTs, springtime salads and other dishes has gotten a lot pricier of late. Prices for fresh tomatoes have soared in recent months, largely on the back of tariffs , higher energy costs triggered by the Iran war , and weather-related supply shocks, according to agricultural economists. The average retail price of field-grown tomatoes jumped to about $2.26 per pound in March, the highest level in more than eight years, according to data tracked by the U.S. Bureau of Labor Statistics. Consumers saw prices for fresh tomatoes spike about 15% in the month of March alone, following a 6% increase in February, according to the consumer price index , an inflation barometer. The monthly inflation rate for tomatoes in March was the largest for any consumer good or service, outside of energy commodities like gasoline and fuel oil, which have risen sharply due to an oil supply shock tied to the ongoing conflict in the Middle East. Overall, fresh tomato prices are up 23% over the past year, according to CPI data. Relief doesn't seem to be coming anytime soon, economists said. "I do expect there's more pain on the horizon for tomato prices," said Ricky Volpe, a professor of agribusiness at California Polytechnic State University and an expert in food retail and supply chain management. Why tomato prices have spiked Tomatoes are displayed for sale at a Walmart store in Mexico City on October 27, 2025. Yuri Cortez | Afp | Getty Images Tariffs levied on imports of Mexican tomatoes appear to be the primary factor underpinning the recent runup in price, said Andrew Muhammad, a professor of agricultural and resource economics at the University of Tennessee. Tomatoes are among the most commonly consumed vegetables by Americans, second only to potatoes, according to the U.S. Departmen...
Sundry Photography/iStock Editorial via Getty Images United Airlines ( UAL ) has floated the idea to acquire American Airlines ( AAL ). Such a combination would be the biggest move in airline consolidation since the consolidation round in 2001. In this report, I discuss what a combined airline would look like and where we see major hurdles for such a combination. American Airlines And United Airli...
Sundry Photography/iStock Editorial via Getty Images United Airlines ( UAL ) has floated the idea to acquire American Airlines ( AAL ). Such a combination would be the biggest move in airline consolidation since the consolidation round in 2001. In this report, I discuss what a combined airline would look like and where we see major hurdles for such a combination. American Airlines And United Airlines Are Compatible But With Major Mismatches The Aerospace Forum If we look at the airline fleets, we see that the single aisle fleet is highly compatible, which does not come as a surprise as the fleet is built around the Airbus A320 and Boeing 737 families, which brings operational synergies through maintenance, schedule flexibility and pilot common type ratings. In the large single aisle segment, we note a subtle difference with American Airlines having a high A321 concentration whereas United Airlines is more focused on the Boeing 737-900/Boeing 737 MAX 9 and Boeing 757. American Airlines phased out its last Boeing 757 in 2020. So, there is a high compatibility with a partial legacy fleet mismatch. In the wide body category, American Airlines has a more standardized fleet built around the Boeing 777 and Boeing 787. United Airlines operates the Boeing 767, Boeing 777 and Boeing 787. Similar to the Boeing 757, American Airlines phased out its last 767s in 2020. So, in the wide body segment we see moderate compatibility, but with a good baseline for wide body integration. FlightConnections The image above shows the combined network of United Airlines and American Airlines. Just by looking at the map, there is not a lot that can be said, but when viewing the individual maps, unsurprisingly there is a major overlap on the route network. The Aerospace Forum A view of the hubs shows that American Airlines and United Airlines are seemingly extremely complementary with both airlines having their own set of hubs with overlap in Los Angeles and Chicago. The entire merger ball star...
The global silver market is expected to remain in a deficit for a sixth consecutive year amid robust demand for bars and coins, and declining supplies, according to the Silver Institute. The 2026 deficit is projected to widen by 15% to 46.3 million troy ounces, the industry group said in its annual outlook published Wednesday. Despite a 18% increase in estimated demand for silver bars and coins, t...
The global silver market is expected to remain in a deficit for a sixth consecutive year amid robust demand for bars and coins, and declining supplies, according to the Silver Institute. The 2026 deficit is projected to widen by 15% to 46.3 million troy ounces, the industry group said in its annual outlook published Wednesday. Despite a 18% increase in estimated demand for silver bars and coins, total consumption probably will slip by 2% due to declines in industrial applications, photography, jewelry and silverware, according to the report. Total supply is expected to fall 2% this year due largely to a slight drop in mining output and reduced hedging activity among producers, the institute said. A 7% rise in recycling will help blunt those losses. While the Iran war has clouded the short-term price outlook, “we remain constructive towards silver for the rest of 2026,” the industry group said in the report. The institute expects the Middle East conflict to be contained, while expectations for monetary tightening to contain energy-driven inflation will be temporary. Even if the Iran war drags on, investor concern over weaker economic growth and government fiscal strain will likely push inflation-adjusted bond yields lower, boosting precious metals such as silver and gold that don’t pay interest. “Coupled with a resurgence of safe-haven demand as pro-cyclical markets contend with liquidations, this should rekindle interest in both gold and silver,” the group wrote.
Micron Technology (NASDAQ: MU) has seen its market capitalization surge in the past year, driven by a sixfold increase in its stock price amid tremendous demand for its memory chips used in artificial intelligence (AI) data center accelerators. Micron's stunning surge has brought its market cap to $490 billion. While there have been a few concerns about the company's ability to keep growing at the...
Micron Technology (NASDAQ: MU) has seen its market capitalization surge in the past year, driven by a sixfold increase in its stock price amid tremendous demand for its memory chips used in artificial intelligence (AI) data center accelerators. Micron's stunning surge has brought its market cap to $490 billion. While there have been a few concerns about the company's ability to keep growing at the red-hot pace it has been clocking over the past year, there is a solid chance it will enter the trillion-dollar market cap club by 2030. Let's look at the reasons that make that likely. Continue reading
US President Donald Trump delivers remarks on 'Trump Accounts' at the Andrew W. Mellon Auditorium in Washington, DC, on Jan. 28, 2026. Brendan Smialowski | AFP | Getty Images Trump accounts have signed up 5 million children, and 1.2 million are eligible for a $1,000 pilot program contribution, Treasury Secretary Scott Bessent said during CNBC's Invest in America Forum on Wednesday. Enacted via Pre...
US President Donald Trump delivers remarks on 'Trump Accounts' at the Andrew W. Mellon Auditorium in Washington, DC, on Jan. 28, 2026. Brendan Smialowski | AFP | Getty Images Trump accounts have signed up 5 million children, and 1.2 million are eligible for a $1,000 pilot program contribution, Treasury Secretary Scott Bessent said during CNBC's Invest in America Forum on Wednesday. Enacted via President Donald Trump 's "big beautiful bill," the new tax-deferred investing accounts for children will officially launch on July 4. While all U.S. children under age 18 with a Social Security number can open a Trump account, the $1,000 Treasury seed money is available to babies born between 2025 and 2028. A growing number of companies have pledged to match the $1,000 Treasury deposit, and philanthropists in multiple states have committed to seed the accounts for qualifying families. Read more CNBC personal finance coverage Trump accounts sign up more than 5 million kids: Treasury Market volatility can 'weigh heavily' on Gen Z, advisor says — how to cope More buyers pick 7-year car loans 'to make the numbers fit': expert Tariff refunds unlikely to benefit consumers, CNBC CFO Council survey finds Average tax refund is 11% higher, latest IRS filing data shows Social Security 2027 cost-of-living adjustment estimate rises with gas prices Here's the inflation breakdown for March 2026 — in one chart How 'married filing separately' status could affect Trump tax breaks this season Student loan forgiveness may be pricier to access after new changes Personal assistant pleads guilty to defrauding elderly couple out of $10 million Gas prices should soon start slowly easing if ceasefire holds, analysts say How to save money on flights as airlines raise prices There's a key number to know before making a last-minute IRA contribution With gas above $4, drivers across the U.S. say they're cutting back CNBC's Financial Advisor 100: Best financial advisors, top firms ranked The start of tax s...