MF3d Hut 8 ( HUT ) stock soared 29% in Wednesday premarket trading after the energy infrastructure, compute, and digital infrastructure company announced a lease with a base-term contract value of $9.8B. The development marks the commercialization of the first phase of its Beacon Point AI data center campus in Nueces County, Texas, and brings Hut 8's total contracted AI data center capacity to 597...
MF3d Hut 8 ( HUT ) stock soared 29% in Wednesday premarket trading after the energy infrastructure, compute, and digital infrastructure company announced a lease with a base-term contract value of $9.8B. The development marks the commercialization of the first phase of its Beacon Point AI data center campus in Nueces County, Texas, and brings Hut 8's total contracted AI data center capacity to 597 MW with an aggregate base-term contract value of $16.8B. The triple-net lease, with an initial 15-year term, is valued at up to $25.1B if all renewal options are exercised. Hut 8 ( HUT ) will deliver a 352 MW AI factory designed to NVIDIA's DSX reference architecture for gigawatt-scale AI infrastructure. The tenant, a high-investment-grade company, will deploy dedicated compute infrastructure at the campus to support AI training and inference workloads at hyperscale. The company also issued its Q1 earnings on Wednesday. Net income of -$253.1M, including $295.7M of unrealized losses on digital assets, compared with -$134.3M in Q1 2025, which includes $112.4M of unrealized losses on digital assets. Q1 revenue of $71.0M, trailing the $79.4M consensus, surged from $21.8M in the year-ago period. Power revenue rose to $3.74M, dropping from $4.38M in Q1 2025. It produced $66.0M in revenue from ASIC compute, AI cloud, and traditional cloud solutions compared with $16.1M a year ago. As American Bitcoin ( ABTC ) is a consolidated subsidiary, all revenue generated through the company's Managed Services agreement, ASIC Colocation agreement, and Shared Services agreement with American Bitcoin is eliminated in consolidation. The company had ~$1.3B of cash and bitcoin ( BTC-USD ) holdings as of March 31, 2026. By contrast, as of Dec. 31, 2025, Hut 8 ( HUT ) held ~$1.4B of cash and bitcoin in reserve. Q1 adjusted EBITDA of -$250.5M dropped from -$117.7M in last year’s Q1. Its development pipeline totals 8,375 MW as of May 6, 2026, including 5,315 MW of energy capacity under diligence, 1,6...
JHVEPhoto Judging by AMD's ( AMD ) results and guidance , it's an agentic artificial intelligence world, and we're all just living in it. The Dr. Lisa Su-led company is one of the primary beneficiaries of the rise of agentic AI, where CPUs are now as in demand as GPUs were (and still are) amid the rise of generative AI. As such, Wall Street has come around to the fact that the CPU is king. Shares ...
JHVEPhoto Judging by AMD's ( AMD ) results and guidance , it's an agentic artificial intelligence world, and we're all just living in it. The Dr. Lisa Su-led company is one of the primary beneficiaries of the rise of agentic AI, where CPUs are now as in demand as GPUs were (and still are) amid the rise of generative AI. As such, Wall Street has come around to the fact that the CPU is king. Shares exploded more than 20% in premarket trading on Wednesday, while competitors Intel ( INTC ) and Nvidia ( NVDA ) also moved higher. “AMD delivered in spades with Q1 upside largely driven by better than expected server compute revenues (up over 50% Y/Y) with management guiding for sales to accelerate further in CQ2 (to ~70%+ Y/Y growth),” Wedbush Securities analyst Matt Bryson wrote in a note to clients. “The acceleration in growth stems from combination of unit and ASP gains with demand upside largely attributed to compute racks powering agentic AI. And management indicated AMD expects this trend will continue fueling AMD server CPU growth through 2026 and into 2027.” Bryson has an Outperform rating on AMD and raised his price target to $450 from $400 after the results. Jefferies analyst Kevin Garrigan said that while server CPUs stole the proverbial show and garnered much of the attention, the company's GPU business looks prime to take off to another level. “On the GPU side, MI450/Helios remains on track for a 2H26 ramp (3Q initial volume, significant 4Q ramp), with the lead customer’s forecasts now exceeding their initial plans,” Garrigan wrote in a note to clients. “The customer pipeline continues to broaden and AMD expressed confidence in surpassing the [greater than 80% long-term data AI CAGR over the next several years],” Garrigan wrote. He noted that while data center AI revenue fell modestly sequentially (due to China revenue declining to $0), both server CPUs and data center AI revenue are expected to grow double-digit percentages this quarter. “The Server CPU narrat...
JHVEPhoto Judging by AMD's ( AMD ) results and guidance , it's an agentic artificial intelligence world, and we're all just living in it. The Dr. Lisa Su-led company is one of the primary beneficiaries of the rise of agentic AI, where CPUs are now as in demand as GPUs were (and still are) amid the rise of generative AI. As such, Wall Street has come around to the fact that the CPU is king. Shares ...
JHVEPhoto Judging by AMD's ( AMD ) results and guidance , it's an agentic artificial intelligence world, and we're all just living in it. The Dr. Lisa Su-led company is one of the primary beneficiaries of the rise of agentic AI, where CPUs are now as in demand as GPUs were (and still are) amid the rise of generative AI. As such, Wall Street has come around to the fact that the CPU is king. Shares exploded more than 20% in premarket trading on Wednesday, while competitors Intel ( INTC ) and Nvidia ( NVDA ) also moved higher. “AMD delivered in spades with Q1 upside largely driven by better than expected server compute revenues (up over 50% Y/Y) with management guiding for sales to accelerate further in CQ2 (to ~70%+ Y/Y growth),” Wedbush Securities analyst Matt Bryson wrote in a note to clients. “The acceleration in growth stems from combination of unit and ASP gains with demand upside largely attributed to compute racks powering agentic AI. And management indicated AMD expects this trend will continue fueling AMD server CPU growth through 2026 and into 2027.” Bryson has an Outperform rating on AMD and raised his price target to $450 from $400 after the results. Jefferies analyst Kevin Garrigan said that while server CPUs stole the proverbial show and garnered much of the attention, the company's GPU business looks prime to take off to another level. “On the GPU side, MI450/Helios remains on track for a 2H26 ramp (3Q initial volume, significant 4Q ramp), with the lead customer’s forecasts now exceeding their initial plans,” Garrigan wrote in a note to clients. “The customer pipeline continues to broaden and AMD expressed confidence in surpassing the [greater than 80% long-term data AI CAGR over the next several years],” Garrigan wrote. He noted that while data center AI revenue fell modestly sequentially (due to China revenue declining to $0), both server CPUs and data center AI revenue are expected to grow double-digit percentages this quarter. “The Server CPU narrat...
bizoo_n/iStock via Getty Images German defense electronics group Hensoldt ( HAGHY ) ( HNSDF ) reported a sharp increase in first-quarter revenue on Wednesday, supported by new orders tied to infantry fighting vehicles and extended contracts related to the Eurofighter program. The company, which specializes in sensors and electronic warfare systems, posted revenue of 496 million euros ($580 million...
bizoo_n/iStock via Getty Images German defense electronics group Hensoldt ( HAGHY ) ( HNSDF ) reported a sharp increase in first-quarter revenue on Wednesday, supported by new orders tied to infantry fighting vehicles and extended contracts related to the Eurofighter program. The company, which specializes in sensors and electronic warfare systems, posted revenue of 496 million euros ($580 million), up 25% from the same period last year. Hensoldt’s order backlog also climbed to a new high, reaching 9.80 billion euros at the end of the quarter, compared with 6.93 billion euros a year earlier. Chief Executive Oliver Doerre said the results reflect not only a broader strategic shift but also tangible demand translating into active procurement and program execution. “Our strong first quarter shows how this development is already being reflected in programs and procurement,” he said. Hensoldt supplies sensor systems for major defense platforms, including the Eurofighter Typhoon and the Puma infantry fighting vehicle. The company reaffirmed its full-year outlook, projecting revenue of about 2.75 billion euros and a book-to-bill ratio in the range of 1.5 to 2.0. More on HENSOLDT AG ADR Hensoldt: Why This Defense Selloff Could Be A Big Mistake HENSOLDT AG ADR (HAGHY) Q4 2025 Earnings Call Transcript HENSOLDT AG ADR 2025 Q4 - Results - Earnings Call Presentation European defense stocks dive as Ukraine peace hopes rise; construction and materials cos rise BofA shifts European defense picks toward missile, drone tech
A chilling voice note from her husband was all the warning Indonesian housewife Shanty Shanaya received of his impending kidnapping in some of the world’s most treacherous waters. “I’m about to be attacked,” her 33-year-old husband, Captain Ashari Samadikun, said in the April 21 voice note threaded with fear as a group he assumed to be pirates approached. He was captaining the Palau-flagged MT Hon...
A chilling voice note from her husband was all the warning Indonesian housewife Shanty Shanaya received of his impending kidnapping in some of the world’s most treacherous waters. “I’m about to be attacked,” her 33-year-old husband, Captain Ashari Samadikun, said in the April 21 voice note threaded with fear as a group he assumed to be pirates approached. He was captaining the Palau-flagged MT Honour 25 tanker, which was carrying fuel from Oman to Somalia – a route once notorious for pirates who...
Singapore will postpone considering an independent panel’s recommendations on the salaries of political office holders until the economic impact of the Iran war becomes clearer, a government minister said. “The government recognizes that the Middle East conflict is still ongoing, causing major economic uncertainties and clouding the outlook for Singapore,” Chan Chun Sing, coordinating minister for...
Singapore will postpone considering an independent panel’s recommendations on the salaries of political office holders until the economic impact of the Iran war becomes clearer, a government minister said. “The government recognizes that the Middle East conflict is still ongoing, causing major economic uncertainties and clouding the outlook for Singapore,” Chan Chun Sing, coordinating minister for public services and minister-in-charge of the public service wrote in a parliamentary reply on Wednesday. The US-Israeli war on Iran has driven up global energy prices, adding to inflationary pressures in Singapore. The city-state’s central bank was among the first in Asia to tighten policy to counter rising price risks, and now faces a sharper trade-off between curbing inflation and supporting growth. “Against this backdrop, the government has decided to defer consideration of the committee’s recommendations, until the impact of the conflict on Singapore is clearer,” Chan said. An independent committee that was appointed to review the 2012 political salary framework submitted its recommendations in April, Chan said. The government will release the panel’s report along with its response at an “appropriate time.” Chan’s statement was made in response to a question from a member of parliament about the status of the review , which is supposed to happen every five years. The last scheduled review in 2023 was deferred due to downside risks in the global economy at the time. New ministers in the wealthy city-state earn about S$1.1 million ($855,750) a year, according to the 2012 review. The prime minister’s annual salary is S$2.2 million. Read More: Singapore’s Growth-Inflation Quandary Set to Sharpen on Iran War Singapore’s headline inflation accelerated in March at the fastest pace since September 2024, and some economists have warned that risks to growth may outweigh price pressures.
Seeking Alpha More on Uber Uber Q1 Preview: The American Superapp Uber: The Profit Machine Awakens (Rating Upgrade) Uber: Favorable Ride Pricing Tailwinds For 2026 Underlie A Cheap Ebitda Multiple Uber rallies after gross bookings top expectations; Lyft also higher Uber Non-GAAP EPS of $0.72 beats by $0.03, revenue of $13.2B misses by $60M
Seeking Alpha More on Uber Uber Q1 Preview: The American Superapp Uber: The Profit Machine Awakens (Rating Upgrade) Uber: Favorable Ride Pricing Tailwinds For 2026 Underlie A Cheap Ebitda Multiple Uber rallies after gross bookings top expectations; Lyft also higher Uber Non-GAAP EPS of $0.72 beats by $0.03, revenue of $13.2B misses by $60M
More on Uber Uber Q1 Preview: The American Superapp Uber: The Profit Machine Awakens (Rating Upgrade) Uber: Favorable Ride Pricing Tailwinds For 2026 Underlie A Cheap Ebitda Multiple Uber rallies after gross bookings top expectations; Lyft also higher Uber Non-GAAP EPS of $0.72 beats by $0.03, revenue of $13.2B misses by $60M
More on Uber Uber Q1 Preview: The American Superapp Uber: The Profit Machine Awakens (Rating Upgrade) Uber: Favorable Ride Pricing Tailwinds For 2026 Underlie A Cheap Ebitda Multiple Uber rallies after gross bookings top expectations; Lyft also higher Uber Non-GAAP EPS of $0.72 beats by $0.03, revenue of $13.2B misses by $60M
FEATURE Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Shares of Corning, the glassmaker, jumped 15% in premarket trading.
FEATURE Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Shares of Corning, the glassmaker, jumped 15% in premarket trading.
Team of 100 extra officers is aimed at providing ‘more consistent model of protection’ for Jewish communities Politics live – latest updates The number of antisemitic hate crimes recorded in April in London was the highest in two years, data shows, as the Metropolitan police commit to deploying 100 extra officers to protect Jewish communities. The force says a “community protection team” will be s...
Team of 100 extra officers is aimed at providing ‘more consistent model of protection’ for Jewish communities Politics live – latest updates The number of antisemitic hate crimes recorded in April in London was the highest in two years, data shows, as the Metropolitan police commit to deploying 100 extra officers to protect Jewish communities. The force says a “community protection team” will be set up, combining neighbourhood policing with counter-terrorism capabilities, as British Jews face “some of the highest levels of hate crime alongside significant terrorist and hostile state threats”. Continue reading...
Starbucks (NASDAQ: SBUX) shareholders are finally breathing a sigh of relief after years of setbacks. Star CEO Brian Niccol's turnaround plan looks like it's actually working, the company is demonstrating strong growth, and the stock is reflecting that. Is it time to buy Starbucks stock? Let's take a look. There are several ways to chart Starbucks' progress. First, there are the major metrics that...
Starbucks (NASDAQ: SBUX) shareholders are finally breathing a sigh of relief after years of setbacks. Star CEO Brian Niccol's turnaround plan looks like it's actually working, the company is demonstrating strong growth, and the stock is reflecting that. Is it time to buy Starbucks stock? Let's take a look. There are several ways to chart Starbucks' progress. First, there are the major metrics that are the story's headlines. Here's how it went down in the 2026 fiscal second quarter (ended March 29): Image source: Starbucks. Continue reading