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NGD News30 articles
CoreWeave Activates Danish AI Capacity, Eyes Seven New Markets
CoreWeave (CRWV) activates most of its 22.5 MW Danish capacity, with network expansion to seven markets by mid-2027, enhancing data placement for AI workloads.
Galileo's Italian Hub to Grow with Two New Buildings as Next-Gen Antenna Goes Live
Telespazio and EUSPA announced expansion of Galileo's Fucino control center with two new buildings, supporting second-generation satellites. A new antenna is already operational.
Solid Power Commissions New Electrolyte Line, Boosting Capacity by 60%
Solid Power starts commissioning its MOBIUS electrolyte line in Colorado, adding 45 tonnes of annual capacity, reaching 75 tonnes total. The project is supported by federal funding.
Railway's AI Key Reset: New Credentials May Have Been Revoked Too
Railway's recovery from a security breach may have led AI providers to revoke replacement API keys, complicating credential rotation.
PlanetiQ's New Satellite Boosts NOAA Weather Coverage
PlanetiQ's GNOMES-11 satellite has entered commissioning, adding a new orbital path to meet NOAA's enhanced sampling requirements. The fleet is approaching 20,000 daily profiles.
Utilities Rally Powers S&P 500 to New Heights as Small Caps Lag
The S&P 500 rose to a record close as utilities led gains on a nuclear power deal, while small caps fell and oil rebounded above $100.
Meta Shares Dip 1.4% Post-Connect as Audio Glasses Lead New Wearable Push
Meta shares slipped 1.4% after unveiling $349 Ray-Ban Audio glasses at Connect, with Reality Labs reporting a $4.62B quarterly loss.
Newfoundland Fuel Prices Mixed as Stingray Radio Revenue Drops 6.5%
VOCM reports gasoline up 1.5 cents and diesel down 5 cents in Newfoundland, while Stingray's radio revenue fell 6.5% to C$32 million last quarter.
Microsoft's Xbox Cloud Gaming Hour Caps: A Test for the New Game Lineup
Microsoft (MSFT) will cap Xbox Cloud Gaming at 5-15 monthly hours from November, impacting 4% of Game Pass subscribers. The move follows a 10% revenue drop in Xbox content and services.
XRP Surges 8% on Bitwise Filing, But SEC Amendment Isn't New Approval
XRP rallied 8% to $1.50, but Bitwise's SEC filing is just an amendment, not a new ETF approval. The existing fund's structure and performance are examined.
Craneware Tumbles 24% After Cyber Incident and 340B Woes Trigger Revenue Reset
Craneware shares fell 23.7% to 1,024p after resetting FY2027 revenue to $185M, citing a 340B market slowdown and a cyber incident. Net revenue retention dropped to 100% from 107%.
Critical Metals Surges 20% After Hours Without New Catalyst
CRML surged 20.5% after hours to $8.11 with no fresh filing, while short interest remains elevated at 46.76% of float, raising volatility concerns.
New Hope's Dividend-Adjusted Slide Masks Deeper Analyst Concern
New Hope's 30-cent dividend explains most of Monday's 6.1% drop, but a 1.5% adjusted decline and a Bell Potter downgrade signal deeper valuation concerns.
S&P 500 at 7,650 Faces New Test as 10-Year Yield Hits 5%
S&P 500 ends week flat at 7,650.50 as 10-year Treasury yield hits 5%, pressuring valuations. Narrow rally and Fed's hawkish stance set stage for key earnings and housing data.
Salesforce Stock Slips 8.3% During Dreamforce as Investors Seek New Growth Signals
Salesforce (CRM) dropped 8.3% during Dreamforce week, closing at $237.92. Despite product launches, the reiteration of the $63B revenue target failed to excite investors, with volume surging.
FCA Cracks Down on Unlicensed Crypto Firms Ahead of New UK Regime
FCA targets three London crypto trading sites with cease-and-desist letters, just days before new licensing window opens. No P2P crypto firms are registered.
News Corp's News.com.au Draws 12M Users but Profit Remains Hidden
News Corp's news.com.au sees 12M monthly users, but standalone revenue and profit are not disclosed. News Media segment EBITDA margin drops to 6.2%.
MARA Surges 13.7% as Morgan Stanley's New Target Falls Short
MARA Holdings shares rallied 13.7% to $13.24, closing above Morgan Stanley's new $11 target. Bitcoin's rebound and AI data center plans fuel the surge.
Gasoline Surges 17 Cents as Fed's Inflation Fight Faces New Test
U.S. gasoline prices hit $4.47, up 17 cents in a week, complicating the Fed's inflation fight after its rate hike. Investors eye CPI data and the Fed's October meeting.
CFTC Expands Crypto Wallet Derivatives Relief via New Staff Letter
The CFTC has broadened a conditional exemption, allowing crypto wallets and trading apps to offer derivatives without broker registration, potentially reshaping market access.
NewC Challenges Ticketmaster's São Paulo Stadium Deal with R$500M Plan
NewC has presented a rival R$500 million fund proposal for São Paulo FC's MorumBIS stadium, challenging Ticketmaster's ticketing deal. The move adds uncertainty for Live Nation (LYV) in Brazil.
PGA Tour Finalizes 2028 Two-Tier Structure, 90 Cards Define New Era
PGA Tour finalizes 2028 two-tier system: 90 cards retained, 20 promotions. New structure aims to boost media value, with $3B investment from Strategic Sports Group.
Romania's New Tax-Advantaged CEI Accounts Face Delays Before Launch
Romania's parliament approved tax-advantaged CEI investment accounts, but savers must wait for presidential decree and ASF rules. The accounts offer two tax treatments, but long lock-up periods and market risks remain.
BBC News Live Stream Excluded from Canadian Subscription
BBC.com's U.S. subscription includes the 24-hour BBC News livestream, but Canadian subscribers miss out due to licensing. Pricing, renewal hikes, and rights explained.
Future FinTech Stock Surges 179% Despite Lack of Fresh Corporate News
Future FinTech Group's stock rocketed 179% on Monday, but no new corporate filings explain the surge. The move follows recent reverse splits and a $30M capital raise.
Oracle's New Layoffs Raise Questions Amid $2.8B Restructuring Plan
Oracle has initiated another round of layoffs, but the exact number of affected employees remains undisclosed. The company's restructuring plan now totals $2.8 billion, yet investors question the cost-saving impact amid heavy AI spending.
BYD Atto 1 Drops to A$19,990 in Australia, Ties MG3 as Cheapest New Car
BYD slashes Atto 1 Essential to A$19,990 drive-away in Australia, tying MG3 as the cheapest new car. The aggressive pricing tests volume strategy amid margin concerns.
American Airlines Opens New DFW Terminal C Pier Ahead of $4B Terminal F Build
American Airlines (AAL) opened nine new gates at DFW, the first piece of its $4.02 billion Terminal F expansion. The carrier is betting on hub efficiency to justify the long-term investment.
Aegon's October 8 Vote: A New Identity as Transamerica Inc.
Aegon shareholders will vote Oct. 8 on a plan to redomicile to Delaware and rename the company Transamerica Inc., with shares converting 1-for-1. The move aims to streamline operations and boost investor appeal.
Indonesia's New Finance Minister Faces 2.4% Deficit Test
Indonesia appoints Suahasil Nazara as finance minister. Markets now test his commitment to the 2.4% GDP deficit target amid currency weakness.