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Black Hills Corp
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BKH News23 articles
BlackBerry's QNX Faces Pivotal Test in AI Robotics Expansion
BlackBerry's QNX unit demonstrates its OS for AI robotics, medical devices, and factory automation. Shares trade at $5.91, down 1.3%, with a $950 million royalty backlog.
BlackBerry Rises 13% Premarket as QNX Software Drives Revival
BlackBerry stock jumped 13% premarket Monday after a Wall Street Journal profile spotlighted its QNX software, now in 275 million vehicles and accounting for half of revenue.
BlackBerry's QNX Software Powers 275 Million Vehicles, Driving Profit Turnaround
BlackBerry's QNX software now runs in over 275 million vehicles, generating $268 million in fiscal 2026 revenue and helping the company post a $53.2 million profit.
Blackstone Launches AI Unit N1, Consolidating OpenAI and Anthropic Stakes
Blackstone Inc. launches Blackstone N1, a new AI-focused unit consolidating investments in OpenAI and Anthropic, while its $80 billion credit fund faces slowing inflows and rising redemptions.
Morgan Stanley's Bitcoin Fund Gains Amid BlackRock IBIT Outflows
Morgan Stanley's new bitcoin fund drew $10.8M while BlackRock's IBIT lost $54.7M on April 29, signaling shifting investor preferences in the spot bitcoin ETF market.
Classover Shares Surge on BlackRock Stake and EdTech Ranking
Classover Holdings shares jumped Tuesday after BlackRock disclosed an 8% Class B stake and the company ranked 122nd on TIME's 2026 U.S. edtech list. KIDZ traded at $1.08, up from $0.97.
Stanley Black & Decker Shares Surge on $500M Buyback Plan
Stanley Black & Decker shares climbed 4% to $79.86 after the board approved a $500 million buyback and kept the quarterly dividend at $0.83 per share. Q1 results are due Wednesday.
Strategy Inc. Boosts Bitcoin Holdings to 818,334 BTC, Outpacing BlackRock
Strategy Inc. acquired 3,273 bitcoin for $255 million last week, increasing its total stash to 818,334 BTC and staying ahead of BlackRock's iShares Bitcoin Trust. Galaxy Digital CEO Mike Novogratz cautioned that such buying pace could strain supply.
Blackstone, Related Digital Secure $16B for Oracle AI Data Center
Blackstone and Related Digital have secured $16 billion in financing for Oracle's AI data center in Michigan, but the project faces local and regulatory pushback over power, water, and transparency concerns.
BlackRock's 8.2% Bloom Energy Stake Coincides with Oracle AI Deal
BlackRock takes an 8.2% passive stake in Bloom Energy as the company prepares to report Q1 results, with investors focused on its Oracle fuel-cell agreement and AI data center demand.
Lumentum Faces AI Demand Test as Earnings Approach After BlackRock Filing
Lumentum shares rose 4.1% to $881.64 ahead of its May 5 earnings report, as BlackRock disclosed a 7.3% stake and analysts raised price targets on AI data-center demand.
BlackRock Trims Archer Aviation Stake as eVTOL Firm Nears FAA Milestones
BlackRock disclosed a 6.9% passive stake in Archer Aviation, down from 8.1% in January, as the air taxi developer progresses toward FAA certification and a shareholder vote on moving to Texas.
BlackRock Reveals 8% Stake in Ciena as AI Optical Networking Demand Surges
BlackRock disclosed an 8% stake in Ciena, signaling institutional confidence in the AI networking trade. Shares are near record highs amid strong demand for optical connectivity.
Strategy's $2.54B Bitcoin Purchase Cements Lead Over BlackRock's ETF
Strategy purchased 34,164 Bitcoin for $2.54 billion last week, raising its total holdings to 815,061 BTC and moving ahead of BlackRock's iShares Bitcoin Trust. The company funded the buy through securities sales.
Nvidia's Rubin AI Chip Launch Faces HBM4 Memory Hurdles, Boosting Blackwell
Nvidia's upcoming Rubin AI chip faces potential shipment delays from HBM4 memory bottlenecks, likely increasing Blackwell's 2026 high-end GPU share to over 70%.
Blackstone Enlists Top Golfer Fleetwood in Wealth Management Expansion
Blackstone has appointed professional golfer Tommy Fleetwood as its inaugural global brand ambassador, a strategic move to attract high-net-worth individual investors. The firm's private wealth unit now oversees $302 billion in assets as competition for affluent capital intensifies.
Uber's Blacklane Acquisition Fuels $100 Share Price Debate Amid Analyst Divergence
Uber Technologies advanced 1.4% to $70.15 after announcing its acquisition of chauffeur service Blacklane, while Wells Fargo trimmed its price target to $95. The company reported $52 billion in 2025 revenue and 202 million monthly active users.
BlackRock Sees Inflation Risk from Middle East Energy Shock, Favors Stocks
BlackRock cautions that energy supply disruptions from Middle East tensions may sustain inflationary pressures, though it views the shock as likely lasting weeks rather than months. The firm remains underweight long-term U.S. bonds and prefers U.S. and Japanese stocks.
BlackRock Fund Limits Spark Liquidity Fears as Private Credit Defaults Hit Record
BlackRock has restricted redemptions from its $26 billion private-credit fund after requests surged, intensifying stress in real estate-linked markets. Fitch warns of record defaults in the sector.
AES Accepts $15 Per Share Take-Private Bid Led by BlackRock, EQT Consortium
AES Corporation has entered into a definitive agreement to be acquired and taken private for $15.00 per share in cash by an investor group led by Global Infrastructure Partners and EQT Infrastructure. The deal follows a significant stock price decline as investors weigh regulatory hurdles.
Citigroup Gains on BlackRock ETF Mandate Amid Broader Market Retreat
Citigroup shares advanced 2% to $116.54 as BlackRock awarded the bank a major ETF servicing mandate. The move follows Citi's sale of a 24% Banamex stake and comes amid a broader market decline led by tech.
BlackRock Shares Gain on Deutsche Bank Aladdin Integration and Fund Restructuring
BlackRock's stock rose 2.5% following an FX workflow automation partnership with Deutsche Bank and a consolidation of municipal closed-end funds. Investors await CFO commentary and key economic data.
Blackstone Rallies on $10B AI Infrastructure Debt Deal Amid Market Focus
Blackstone shares gained 1.2% as the firm leads a $10 billion private credit package for Australian AI infrastructure developer Firmus. Investors are monitoring U.S. economic data for rate clues.