Super Micro Computer (NASDAQ: SMCI) plans to raise $2 billion through convertible senior notes due 2030. The company will use the proceeds for growth, business expansion, and to fund a portion of the cost of entering into capped call transactions. This move is seen as a way to manage potential dilution for existing shareholders and strengthen the company's financial position.
Sequans Communications (NYSE:SQNS), a publicly listed semiconductor company known for its 4G and 5G IoT solutions, on Monday announced plans to raise approximately $384 million to establish a Bitcoin (CRYPTO: BTC) treasury as
Quantum Computing’s $200 million private placement aims to boost cash reserves and fund growth, acquisitions, and operations, with closing expected by June 24, 2025.
FactSet Research Systems (FDS) stock gained after Q3 results. Qtrly adjusted EPS of $4.27, missing street view of $4.29. Sales of $585.52M topped estimates of $580.50M. Organic rev up 4.4%.
Professional Capital Management CEO Anthony Pompliano has announced a $1 billion merger to launch ProCap Financial, a new Bitcoin-focused financial services firm.
Commercial Metals Co (NYSE: CMC) reported Q3 results below expectations, with lower sales and earnings. However, strong demand and cost-saving efforts provide optimism for future performance.
Veda, a decentralized finance (DeFi) vault infrastructure provider, raised $18 million in a funding round. The startup, which supports financial applications in building consumer-grade DeFi products, plans to use the capital to accelerate its partnerships and infrastructure growth.
A resurfaced 1988 interview of President Donald Trump has revealed that the then-businessman had been warning about the 'Trump tariffs' long before they became a reality.
Fiserv and PayPal said they’re teaming up to identify key opportunities for integrating their respective stablecoins, FIUSD and PYUSD, into payment flows.
Novo said that Hims & Hers failed to adhere to the law, which prohibits mass sales of compounded drugs. It alleged that the telehealth operator is promoting and selling illegitimate, knockoff versions of Wegovy.
Regional banking company Webster Financial (NYSE:WBS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.7% year on year to $704.8 million. Its non-GAAP profit of $1.30 per share was 5.8% below analysts’ consensus estimates.
Apple is negotiating with EU regulators to revise App Store rules and avoid further fines under the Digital Markets Act, following a $570 million penalty for previous noncompliance.
