πŸ“Š Nvidia-backed Nebius stock slide

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

πŸ“‰ Nvidia-backed Nebius sees 24% stock drop
πŸ”‹ Peregrine secures $130M for U.S. battery projects
πŸ—οΈ Applied Digital inks $5B AI factory lease
πŸš— Stellantis halts production due to parts shortage
πŸͺ™ USA Rare Earth stock jumps 14% on new deal
🎁 +8 more stories you might like
πŸ“‰ Nvidia-Backed Nebius Sees Stock Slide, Whales See Opportunity Link
  • Nebius Group's stock drops over 24%, but institutional traders see it as a buying opportunity.
  • Options data indicates a bullish outlook with a heavy tilt towards call contracts.
  • Despite short-term setbacks, Nebius maintains strong long-term growth potential with a diverse AI portfolio.
πŸ”‹ Peregrine Energy Secures $130 Million to Boost U.S. Battery Projects Link
  • Peregrine Energy Solutions raises $130 million to expand its battery storage projects in the U.S.
  • The funding will enhance grid stability as power demands rise across the nation.
  • South Korean investors highlight the strategic importance of U.S. energy infrastructure in the global energy transition.
πŸ— Applied Digital Signs $5 Billion AI Factory Lease with Hyperscaler Link
  • Applied Digital enters a $5 billion lease agreement for AI and HPC infrastructure with a U.S. hyperscaler.
  • The Polaris Forge 2 Campus in North Dakota will support 200 MW of critical IT load.
  • The deal underscores Applied Digital's rapid growth and leadership in AI infrastructure development.
πŸš— Stellantis Halts Production at Warren Plant Due to Parts Shortage Link
  • Stellantis stops production of Jeep Wagoneer at its Warren, Michigan plant over parts shortage.
  • The halt follows a fire at Novelis, a key supplier, impacting aluminum hood and door supplies.
  • Stellantis also announces a $13 billion U.S. investment to boost production and introduce new vehicles.
πŸͺ™ USA Rare Earth Stock Surges After U.S.-Australia Deal Link
  • USA Rare Earth's stock jumps nearly 14% following a U.S.-Australia rare earths agreement.
  • The deal aims to secure a steady supply of critical minerals amidst China's export restrictions.
  • Analysts are optimistic about the company's integrated operations and future growth prospects.

Other news & articles you might like

  • πŸ” McDonald's raises dividend by 5% (Link)
  • βš–οΈ Fly-E Group faces securities fraud lawsuit (Link)
  • πŸ’Ό Mercer Park acquires Cube Group for $300M (Link)
  • 🏦 Farmers National Banc merges with Middlefield (Link)
  • 🏒 American Tower expands Denver data center (Link)
  • β›½ ConocoPhillips a top energy stock pick (Link)
  • πŸ›‘οΈ Mercury Systems wins U.S. military contract (Link)
  • πŸ”¬ Biodesix expands partnership with Bio-Rad (Link)

You might also like…

We’re always looking for opportunities to bring our readers more value so we’ve partnered with a handful of companies that we think you might enjoy.

How would you rate today's newsletter?

If there's anything I can do better, please reply to this email and let me know!

Login or Subscribe to participate in polls.