$1.02
+0.14 (+15.91%)
STAK News30 articles
Pershing Square Takes $2.09B Stake in Microsoft, Lifting Shares
Pershing Square disclosed a $2.09 billion Microsoft stake, sending shares up 3.1% as the AI trade faces bond market headwinds.
Berkshire Hathaway Reveals $55M Stake in Macy's, Shares Surge
Berkshire Hathaway's $55 million stake in Macy's sent shares up 5.9% in after-hours trading. The retailer declared a quarterly dividend and faces tariff headwinds.
Berkshire Hathaway Returns to Airlines with $2.65 Billion Delta Stake
Berkshire Hathaway has taken a $2.65 billion stake in Delta Air Lines, returning to airline stocks after exiting in 2020. The investment comes as Delta faces higher fuel costs and reduced growth plans.
Ballard Power Surges as Weichai Stake Reduction Triggers Board Resignations
Ballard Power Systems shares jumped 8.5% after Weichai reduced its stake below 15%, triggering board changes. Q1 revenue rose 26% to $19.4 million.
Pershing Square Builds Microsoft Stake; Ackman Sees AI Value
Bill Ackman's Pershing Square has taken a new position in Microsoft, attracted by what he calls a 'highly compelling' valuation amid AI-driven spending concerns.
Bill Ackman's Microsoft Stake Revives Wall Street Scrutiny of AI Spending Plans
Pershing Square, led by Bill Ackman, disclosed a new Microsoft stake as shares fell 15% this year amid AI spending concerns. The $190 billion capex plan for 2026 faces fresh scrutiny.
AMD's Small Stake in Marvell Highlights AI Chip Sector's Momentum
AMD disclosed a modest stake in Marvell Technology, valued at $6.49 million in March, now worth ~$11.8 million. The news highlights Marvell's AI data-center focus and analyst optimism.
VNET Shares Soar After CATL-Linked Group Agrees to Acquire 38% Stake
VNET Group shares jumped over 30% after PJ Millennium entities, linked to a CATL affiliate, agreed to purchase up to 38.1% of the company in a $942 million deal.
Applied Digital's Cloud Spin-Off ChronoScale Begins Trading; APLD Retains 97% Stake
Applied Digital's cloud unit ChronoScale (CHRN) started trading on Nasdaq, with APLD retaining 97% ownership. The spin-off aims to separate risk profiles, while APLD secured a $300M bridge loan for its North Dakota data center.
Digi Power X's $175M ATM Plan Raises Stakes for Cerebras AI Data Center Deal
Digi Power X Inc. expands its ATM share program to $175M to fund a 40-MW AI data center deal with Cerebras Systems, as investors eye execution risks and dilution.
Microsoft's AI Bet Faces New Scrutiny After Major Fund Cuts Stake
TCI Fund Management cut its Microsoft stake from 10% to 1%, citing AI risks. MSFT closed at $415.12. Azure grew 40% in Q3, but rising capex and competition raise questions.
Brown University Reduces Blue Owl Stake Amid Private Credit Scrutiny
Brown University slashed its OBDC stake by 53% as private credit faces scrutiny. Blue Owl reported revenue growth but a 1.1% direct-lending loss.
Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens
Bitmine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $22.9M, boosting its total ETH holdings to over 5M tokens, or 4.2% of supply. BMNR closed at $21.88.
Cameco Q1 Report: Uranium Prices, Westinghouse Stake in Focus
Cameco reports Q1 results May 5. Shares fell Friday; investors watch uranium pricing, delivery schedules, and Westinghouse stake.
Vanguard's 7.5% Realty Income Stake Puts REIT in Spotlight Ahead of Q1 Results
Vanguard Capital Management disclosed a 7.49% stake in Realty Income ahead of its Q1 earnings. The REIT reports May 6, with FFO and acquisition strategy in focus.
Wolfspeed Stock Soars 25% on Stake Disclosure Ahead of Earnings Report
Wolfspeed shares jumped nearly 25% Friday after a 5% stake disclosure. The chipmaker reports fiscal Q3 earnings Tuesday amid ongoing losses and weak EV demand.
Vanguard Discloses 5.34% Passive Stake in Kraft Heinz Ahead of Q1 Earnings
Vanguard Capital Management disclosed a 5.34% passive stake in Kraft Heinz (KHC), owning 63.3 million shares, ahead of the company's first-quarter earnings report on May 6.
Wolfspeed Rallies on Stake Disclosure and Executive Shakeup Ahead of Earnings
Wolfspeed shares jumped after a group tied to Susquehanna disclosed a 5% stake. New executives and debt refinancing signal turnaround efforts before earnings.
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.
Vanguard Takes 7.5% AEP Stake as Jennison Trims Ahead of Earnings
Vanguard disclosed a 7.51% passive stake in AEP, while Jennison trimmed and the Texas pension fund increased its position ahead of the utility's May 5 earnings call.
Major Stake in CenterPoint Energy Revealed by Vanguard
Vanguard revealed a 49.4 million-share stake in CenterPoint Energy, as the utility posts higher Q1 earnings and a steady dividend amid rising data center demand.
Old National Bancorp Buybacks Signal Confidence Amid Comerica Stake Hike
Comerica Bank boosted its Old National Bancorp stake by 27.8% in Q4. ONB posted Q1 net income of $229.6M and repurchased 3.9M shares.
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.
Youxin Technology Soars 150% on $10.8M TikTok Stake Deal
Youxin Technology shares jumped 149.62% Monday after the company agreed to acquire an 18% stake in TikTok commerce partner YATOP for $10.8 million in stock.
Apple's Third Co-Founder Sold His Stake for $800, No Regrets at 91
Ronald Wayne, Apple's forgotten co-founder, sold his 10% stake for $800 in 1976. Now worth nearly $400 billion, he says he has no regrets, emphasizing personal liability.
Ackman's Uber Stake Gains Focus as Robotaxi Deal with Lucid Expands
Uber shares rose 2% on renewed attention to Bill Ackman's stake and a $200 million Lucid investment for robotaxis, with a commitment to 35,000 vehicles.
Nippon Life Takes $18.8M Stake in Samsara as Institutional Interest Grows
Nippon Life Global Investors Americas revealed a new 531,310-share stake in Samsara Inc, valued at about $18.8 million, signaling continued institutional confidence in the operations software provider.
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.
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.