Shares of Oklo (NYSE: OKLO) fell for the second straight day, trading 4% lower as of 2 p.m. ET Thursday. At least one analyst raised their price target on Oklo today, but the nuclear energy stock is facing a continued sell-off following its first-quarter earnings report and a significant new regulatory filing that has spooked some investors. Image source: Getty Images. Continue reading
Shares of Oklo (NYSE: OKLO) fell for the second straight day, trading 4% lower as of 2 p.m. ET Thursday. At least one analyst raised their price target on Oklo today, but the nuclear energy stock is facing a continued sell-off following its first-quarter earnings report and a significant new regulatory filing that has spooked some investors. Image source: Getty Images. Continue reading
Serial Silicon Valley entrepreneur Andrew Feldman , who literally grew up on the campus of Stanford University, was already involved in selling three companies and taking another public. But none of that compares with Thursday’s debut of his AI-chip manufacturer. Shares of Cerebras Systems Inc. , a company he co-founded in 2015, soared about 72% in Nasdaq trading at 3 p.m. in New York. It’s the ye...
Serial Silicon Valley entrepreneur Andrew Feldman , who literally grew up on the campus of Stanford University, was already involved in selling three companies and taking another public. But none of that compares with Thursday’s debut of his AI-chip manufacturer. Shares of Cerebras Systems Inc. , a company he co-founded in 2015, soared about 72% in Nasdaq trading at 3 p.m. in New York. It’s the year’s biggest initial public offering and gives the company a market value of roughly $69 billion. Read More: AI Chipmaker Cerebras Surges 81% After Year’s Biggest IPO That put Feldman’s stake at $3.2 billion, according to the Bloomberg Billionaires Index , which is valuing his fortune for the first time. Co-founder Sean Lie’s holding, meanwhile, is worth $1.7 billion. “Pretty good day, huh?” Feldman, 56, the company’s chief executive officer, said in a Bloomberg Television interview. “It’s one of the biggest tech IPOs in history, and it’s the biggest semi IPO in history. We couldn’t be more proud.” AI chipmakers have been among the hottest stocks since OpenAI launched ChatGPT in November 2022, with Nvidia Corp. the clear market leader. The company has soared to become the world’s largest by market value, while making its co-founder, Jensen Huang , the seventh-richest person globally with a $186.7 billion fortune. Cerebras is differentiating itself from incumbents like Nvidia through its development of a much larger chip that promises faster performance than those that have so far been the backbone of AI development. Engineering constraints have long limited chipmakers’ pursuit of size: As chips gets physically larger, the energy needed to power them can also potentially damage them. Cereberas’ chips — about the size of a sheet of printer paper — have proven popular for inference tasks, or the process of running AI models as opposed to training them. “There’s just an extraordinary demand right now for fast inference,” Feldman said in the BTV interview. “As AI becomes useful,...
The tourist and ski resort town of Lake Tahoe must scramble to find a new energy supplier by May 2027—the result of a Nevada utility company saying it needs the power capacity in part for new data centers. The resulting energy crisis impacts 49,000 California residents who live near Lake Tahoe, nestled in the Sierra Nevada mountains on the border between California and Nevada. Lake Tahoe’s local e...
The tourist and ski resort town of Lake Tahoe must scramble to find a new energy supplier by May 2027—the result of a Nevada utility company saying it needs the power capacity in part for new data centers. The resulting energy crisis impacts 49,000 California residents who live near Lake Tahoe, nestled in the Sierra Nevada mountains on the border between California and Nevada. Lake Tahoe’s local electricity provider, California-based Liberty Utilities, has been obtaining 75 percent of its power from the Nevada-based company NV Energy. But the latter has said it will stop providing power to the Lake Tahoe region by May 2027, according to extensive reporting by Fortune . Nevada's fast-growing data center development is one of the main reasons given by NV Energy for ending its energy supply agreement with Liberty, according to a Liberty filing with California regulators. Fortune highlighted data from NV Energy’s own planning documents showing that a dozen data center projects in northern Nevada could drive 5,900 megawatts of new demand by 2033. Read full article Comments
In trading on Thursday, shares of First Merchants Corp's 7.50% Dep Shares Non-Cumulative Preferred Stock Series A (Symbol: FRMEP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.8752), with shares changing hands as low as $24.73 on the day.
In trading on Thursday, shares of First Merchants Corp's 7.50% Dep Shares Non-Cumulative Preferred Stock Series A (Symbol: FRMEP) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.8752), with shares changing hands as low as $24.73 on the day.
In trading on Thursday, shares of SL Green Realty Corp's 6.50% Series I Cumulative Redeemable Preferred Stock (Symbol: SLG.PRI) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $21.56 on the day. Th
In trading on Thursday, shares of SL Green Realty Corp's 6.50% Series I Cumulative Redeemable Preferred Stock (Symbol: SLG.PRI) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $21.56 on the day. Th
Nvidia stock is rallying on reports that the U.S. has approved H200 sales to 10 major Chinese customers. Recent filings also confirm that President Trump invested in NVDA shares in Q1.
Nvidia stock is rallying on reports that the U.S. has approved H200 sales to 10 major Chinese customers. Recent filings also confirm that President Trump invested in NVDA shares in Q1.
At Holdings Channel, we have reviewed the latest batch of the 55 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Duke Energy Corp (Symbol: DUK) was held by 17 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good
At Holdings Channel, we have reviewed the latest batch of the 55 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Duke Energy Corp (Symbol: DUK) was held by 17 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good
Intel stock is rallying as investors increasingly view the company as a critical AI manufacturing and infrastructure partner behind the massive Terafab project.
Intel stock is rallying as investors increasingly view the company as a critical AI manufacturing and infrastructure partner behind the massive Terafab project.