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ACIW News14 articles
United Airlines Shares Drop on Soaring Fuel Costs, Capacity Cuts
United Airlines Holdings shares tumbled 4.46% Friday as the carrier warned employees of potential $175 per barrel crude oil prices and announced deeper flight reductions, primarily from Chicago O'Hare.
American Airlines Bolsters Credit Facility to $3.11B Amid Fuel Cost Pressure
American Airlines has expanded and extended its revolving credit facilities to $3.11 billion, maturing in March 2031. The move provides financial flexibility as jet fuel prices surge and the airline carries significant debt.
Mineral Resources Achieves Full Crusher Capacity at Onslow Iron Project
Mineral Resources has activated three crushers at its Ken's Bore operation, achieving installed capacity of 40.9 million tonnes annually. The company shipped 8.7 million tonnes from Onslow Iron last quarter while working to reduce its A$4.9 billion net debt.
Nvidia Reallocates TSMC Capacity from China-Bound H200 to Vera Rubin AI Platform
Nvidia has reportedly stopped manufacturing its H200 AI chips for the Chinese market, reallocating Taiwan Semiconductor Manufacturing Co. capacity to its next-generation Vera Rubin platform. The company holds U.S. licenses for limited H200 shipments to China, but no sales have occurred.
Applied Optoelectronics Stock Slides on CFO's Capacity Warning
Applied Optoelectronics shares declined 6.4% after CFO Stefan Murry highlighted capacity constraints and potential indium phosphide bottlenecks. The company expects 800G transceiver shipments to increase in Q2.
Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk
Berkshire Hathaway's stock found footing in early trading Tuesday after a significant selloff, as investors digest a 30% drop in operating profit and rising legal liabilities at utility subsidiary PacifiCorp.
Berkshire Shares Stabilize After Sharp Drop on Earnings, PacifiCorp Risk
Berkshire Hathaway's stock found footing in early trading Tuesday, following a steep decline after quarterly operating profit fell 30% and S&P Global flagged a potential junk downgrade for utility subsidiary PacifiCorp.
Applied Optoelectronics Extends Rally on Strong Outlook, Capacity Plans
Shares of Applied Optoelectronics climbed over 15% in premarket trading Monday, extending a sharp rally from Friday. The move follows the company's record quarterly revenue and an aggressive growth forecast tied to data-center demand.
TeraWulf Gains Ahead of Q4 Report, Capacity Expansion in Focus
TeraWulf Inc shares edged higher in premarket trading Thursday ahead of its fourth-quarter earnings release, following significant gains earlier in the week. Analysts anticipate $43.55 million in revenue.
J&J Shares Dip Amid $20B Orthopedics Unit Sale Talks, New Facility Investment
Johnson & Johnson shares fell following reports the company is exploring a sale of its DePuy Synthes orthopedics business for around $20 billion. The healthcare giant also committed over $1 billion to a new cell-therapy manufacturing plant in Pennsylvania.
Western Digital's 2026 Hard Drive Capacity Fully Booked, CEO Says
Western Digital's CEO revealed that 2026 hard drive manufacturing capacity is nearly entirely committed, backed by purchase orders from its seven largest customers and long-term contracts running through 2028.
VNET Shares Surge on Jefferies Upgrade, Power Capacity Expansion
VNET Group's stock rallied in premarket trading following a Jefferies Buy rating, driven by new power capacity in Ulanqab and potential hyperscaler contract. Investors await funding and customer updates ahead of the March earnings report.
ICG Shares Dip Amid Asia-Pacific Leadership Appointment
ICG plc shares declined 1.1% in London trading following the appointment of a new Asia-Pacific corporate strategy head. The alternative asset manager reported $127 billion in assets under management.
NXP Secures $3B Credit Facility as Chip Sector Rallies on AI Spending
NXP Semiconductors amended a $3 billion revolving credit line with Barclays, maturing in 2031, while the broader chip sector surged on AI investment signals from major tech firms.