$50.27
-0.91 (-1.78%)
ACIW News30 articles
Harbour Air-Pacific Coastal Merger to Create 59-Aircraft Regional Carrier
Harbour Air's acquisition of Pacific Coastal Airlines will create a 59-aircraft regional network in British Columbia, pending regulatory approval. Financial details undisclosed.
Ethereum Surges 7% on CPI Data, Outpacing Bitcoin and Tech Stocks
Ethereum rallied 7.1% to $2,609.99 following mixed CPI data, outpacing Bitcoin and tech stocks. The ETH/BTC ratio climbed 4.1%, suggesting a high-beta risk-on move.
Aramco's Jazan Facility Faces Fresh Attack; Output Impact Still Unknown
Saudi Aramco's Jazan complex was reportedly hit again, but damage and impact on production are still being assessed. Shares edged lower as investors await clarity.
Singapore T-Bill Yield Climbs to 1.60%, Outpacing Bank Deposits
Singapore's latest six-month T-bill pays 1.60%, topping UOB's 1.30% and OCBC's 1.25% deposit rates. The next S$8.4 billion auction could see yields rise further as loan demand and slower deposit growth pressure rates.
Cathay Pacific Extends Middle East Suspension; Fuel Costs Loom Larger
Cathay Pacific extends Middle East flight suspension to Nov 30, yet shares gain 0.6% as investors focus on rising fuel costs rather than route closures.
BorgWarner Reaffirms AI Power Push: $300M Target, 2 GW Capacity
BorgWarner reaffirmed its AI data-center power target, expecting $300M in first-year sales and 2 GW capacity by 2027. The stock rose 2.8% on Friday.
Top 1-Year CD Yields 4.35% APY, Outpacing National Average by 2.64 Points
Top one-year CD yields 4.35% APY, beating the 1.71% national average by 2.64 points. A $10,000 deposit earns $435 vs $171, highlighting the value of shopping for rates.
Strategy Stock Soars 12% as Bitcoin Breaks $80K, Outpacing Crypto Fourfold
Strategy shares jumped 12% to $137.95 as Bitcoin topped $80,000, with MSTR outpacing the crypto by 4x. Bitcoin holdings now worth $67.5 billion.
Applied Optoelectronics Launches $600M ATM Offering Amid Capacity Expansion
Applied Optoelectronics (AAOI) announced a $600 million ATM offering, which is 2.2x its Q3 revenue midpoint. Shares fell 9.8% in after-hours trading as investors weigh dilution against growth.
UiPath Shares Climb 1.3% as Valuation Outpacing Analyst Targets
UiPath shares rose 1.3% after unveiling Maestro Flow, now trading 19% above Wall Street's average target. Q2 results due Sept 3 will test sales execution.
Samsung Foundry Price Hike Highlights AI Chip Capacity Crunch
Samsung's foundry price hike of up to 15% signals tight AI chip capacity. TSMC shares remain flat despite strong July revenue growth of 44.7%.
Lumentum Stock Slides on Capacity Concerns Despite Strong AI Demand
Lumentum shares dropped 3.9% as investors focus on capacity challenges despite a 24% revenue growth forecast and strong AI-driven demand.
Albertsons trims store count as margins tighten; ACI Edge cost plan unveiled
Albertsons plans to close 12 stores (0.5% of its base) as margins tighten, with Q1 identical sales down 0.8% and a $200M cost program to drive savings.
Nebius Surges 8.9% to $277.68, Market Cap Hits $75B, Outpacing Analyst Targets
Nebius (NBIS) surged 8.9% to $277.68, market cap $75.49B, surpassing analyst targets. Q2 revenue up 454% to $582.3M, but capex reached $5.66B, 9.7x revenue.
Bristol Myers Unveils $2.3B Houston Facility for Flexible Drug Production
Bristol Myers Squibb (BMY) will build a $2.3 billion drug-manufacturing campus in Houston, supporting small molecules, biologics, and antibody-drug conjugates, with nearly 500 skilled jobs.
Lockheed Martin Lags as Missile Demand Outpaces Production Capacity
Lockheed Martin (LMT) shares gained just 0.9% last week, lagging the S&P 500's 3.6% rise, as missile demand surges but production capacity remains constrained.
Applied Optoelectronics Soars 14% on Record Q2 Revenue, Capacity Expansion
Applied Optoelectronics (AAOI) surged 14% premarket after Q2 revenue hit a record $191.9M, up 86% YoY, driven by strong demand for 800G and 1.6T optical products.
Micron Shares Slide as China Capacity Fears Trump DRAM Price Gains
Micron (NASDAQ:MU) dropped 3.5% despite DRAM spot price gains, as worries over Chinese rival CXMT's capacity expansion overshadowed near-term pricing strength.
MicroVision's Reverse Split Expands Issuance Capacity Ahead of Q2 Report
MicroVision (MVIS) began trading on a split-adjusted basis Monday after a 1-for-15 reverse split, increasing potential share issuance capacity by 70%.
Constellation's PJM Capacity Value Rises 2.5% Despite Lower Auction Prices
Constellation Energy's PJM capacity value for 2028/29 is estimated at $2.24 billion, up 2.5% despite a 2.5% price decline, ahead of Q2 earnings.
Applied Digital Stock Jumps on Q4 Earnings Beat Despite Low Operational Capacity
Applied Digital shares surged 5.4% in after-hours trading after reporting Q4 revenue of $258.7M, well above consensus. However, just 175 MW of its 1,410 MW contracted capacity is operational.
Baiya International Group (NASDAQ:BIYA) Soars 116% as Shelf Filing Capacity Nears $2 Million
Baiya International Group (NASDAQ:BIYA) shares skyrocketed 116% on Monday, with volume hitting 26 times its Class A share count. The surge brought its F-3 shelf capacity estimate to $1.99 million.
SpaceX Flight 13 Launches But Fails to Boost Starlink Capacity
SpaceX's Starship Flight 13 launched on July 24, 2026, but the 20 V3 Starlink demonstration satellites are on a suborbital trajectory and will not add capacity.
Cipher Digital Surges as AI Capacity Shortage Boosts Leasing Model
Cipher Digital (CIFR) shares rose 5.7% as AI capacity constraints highlight its leasing model, while Alphabet (GOOGL) dropped 7.2% on raised capex.
Advanced Biomed Surges 74.6% After Terminating $25M Equity Facility
Shares of Advanced Biomed (ADVB) jumped 74.6% after the company terminated a $25 million equity facility, removing overhang of potential dilution.
AMC Shares Rise Despite Dilution Outpacing EBITDA Growth
AMC shares climbed 7.5% early Wednesday, but the company's adjusted diluted share count expanded faster than its adjusted EBITDA growth, causing per-share metrics to decline.
Cipher Digital Jumps 16% on AI Data-Center Hopes, Outpacing Bitcoin
Cipher Digital shares surged 16%, extending two-day gains to 35%. The stock outperformed peers as investors anticipate future AI data-center revenue.
Crypto Infrastructure Stocks Surge Outpacing Bitcoin on CLARITY Act Optimism
Crypto infrastructure stocks rallied sharply on Tuesday, outpacing bitcoin, as progress on the CLARITY Act in the Senate fueled investor optimism for regulatory clarity.
Rocket Companies Extends Credit Facility as Mortgage Rates Pressure Housing Market
Rocket Companies (RKT) closed 3.8% lower on Monday after expanding its credit facility by $200 million and extending maturity by 378 days, as mortgage rates continue to weigh on the housing market.
Nu Holdings Rises on Mexico Deposit Growth, Outpacing Customer Gains
Nu Holdings shares rose 3.5% as Mexico deposits outpace customer share, indicating deeper engagement. The company also received a banking license in Mexico.