IREN Budgets $25 Billion To $30 Billion For Its AI Build-Out — More Than Its Entire $13.9 Billion Market Value
IREN stock has plunged 54% from highs earlier this year.
Latest
Arista CEO Jayshree Ullal's Trusts Sold $21.1 Million Of Stock Under A Plan Set In November 2025
A Form 4 shows three trust accounts sold 96,992 shares on Wednesday, the fourth sale in her five latest filings.
Bambusa Files For Nasdaq IPO With $41.1 Million Loss, No Revenue And A Going-Concern Warning
The Boston antibody developer's S-1 leaves price and share count blank and says $71.5 million in cash may not last a year.
Standard BioTools Holders Would Own About 16% Of Treeline Combination, Amended S-4 Shows
The second amended filing sets an exchange ratio range, a 12-seat board and a $2.5 billion Treeline value against $460 million for Standard BioTools.
EU Names Eldorado Gold's Skouries Mine A Strategic Project, Backing A $2 Billion-Plus Greek Copper Build
The European Commission picked the Greek copper-gold mine under its Critical Raw Materials Act, the company said in a statement.
AutoZone Director Claire McDonough Will Leave The Board In 2026 Over A Calendar Clash, Not A Dispute
McDonough told AutoZone's board she will not stand for reelection after taking a new executive job whose calendar conflicts with board meetings.
Integra Prices $450 Million Of 9.500% Notes, Expects Rate Increase Near High End Of 100-200 Basis Point Range
The refinancing is expected to raise Integra's effective interest rate near the top of the range management flagged earlier.
Sidus Space Audit Chair And Another Director Resign Same Day, And The Company Disputes Both Letters
An 8-K shows Tiffany Norwood and Kelle Wendling left the board Tuesday; Sidus Space says it disagrees with their letters.
Live Nation Prices $730 Million And €600 Million Of Notes To Pay Off 6.500% Debt
Live Nation says swaps on its dollar notes put the blended rate at about 5.89%, against 6.500% on the 2027 notes it will redeem.
Crescent Energy Prices 80 Million Shares At $12.50 To Help Fund Devon Eagle Ford Purchase
A KKR-affiliated holder agreed to buy 40 million shares, and underwriters took up their full 12 million-share option on Friday.
Fairmount-Linked Holders Of 9.99% Of Spyre Therapeutics Agree To 60-Day Lock-Up After Offering
Amendment No. 8 to a Schedule 13D reports the lock-up only; the holders did not buy shares and their position is unchanged since June.
Dolan Reports 100 MSGS Spinco Shares, All Held Indirectly, As Spinoff Registration Takes Effect
James Dolan's Form 3 lists 100 shares held through Madison Square Garden Sports and its subsidiaries, and he disclaims ownership.
SEC Filings
Delta's Refinery Lost $33 Million In The September Quarter, After Earning $351 Million In June
Delta's 10-Q blames crude volatility and a mid-June outage, and says the refinery should be profitable again in the December quarter.
SEC Filings
Xcel's Minnesota Utility Offers To Freeze Base Electric Rates For 2027 And 2028 Instead Of Filing A Rate Case
Northern States Power asks regulators to rule by January 2027 and says it expects to file a rate case in early 2027 if the plan is not approved.
SEC Filings
MSG Sports Estimates About $20 Million Of Tax On Rangers Deferred Revenue If Spinoff Occurred June 30
An amended 8-K details overlapping Dolan roles, an option split and a $1,000,000 related-party approval threshold ahead of the distribution.
SEC Filings
Sachem Head Reports 9.99% Of Ionic Digital, Held At The Cap By A Warrant Lock-Down Election
A 13G amendment counts 50,125 warrant shares toward a 4,500,125-share stake; 855,533 more are excluded by the warrants' ownership limit.
SEC Filings
Digital Realty Sells €1 Billion Of 5.125% Notes Due 2036, With Proceeds Pledged To Green Projects
The ten-year euro bond was sold outside the U.S. and is guaranteed by the parent and its operating partnership.
SEC Filings
Goodyear's Incoming Controller Gets $375,000 Salary, $225,000 Bonus Target, Amended Filing Shows
Stephen Shamrock's pay package was approved Monday and set out in an 8-K/A filed Friday, ahead of his October 16 start as controller.
SEC Filings
Vaxcyte Closes $575 Million Of 1.50% Convertible Notes And A Stock Sale Priced At $64.00
Both over-allotment options were exercised in full, and the notes convert at about $89.60 a share, the company's 8-K says.
SEC Filings
RingCentral Moves Annual Meeting To December 7 From November 2, Reopening Nomination Window
The board's new date for the 2026 stockholder meeting puts outside nominations and proposals back on the 2025 proxy deadlines, due October 25.
Deals
Aspen Neuroscience Files For Nasdaq IPO With $72.4 Million In Cash And A Going-Concern Warning
The Parkinson's cell-therapy developer's S-1 reports a $36.5 million six-month loss and leaves the share count and price range blank.
SEC Filings
Wasatch Advisors Reports 6.3% Passive Stake In PDF Solutions, 2.65 Million Shares
A Schedule 13G lists 2,646,572 shares, with sole voting power over 1,852,275 of them and none shared.
SEC Filings
Frazier Life Sciences Public Fund Reports 5.9% Stake In Q32 Bio, 1,755,116 Shares
A Schedule 13G lists the fund's position, plus two sister Frazier funds holding 0.1% and 0.4%, with an October 2 trigger date.
SEC Filings
Glazer Capital Reports 5% Utz Brands Stake, 4,446,531 Shares, In SEC Filing
The New York manager filed a passive ownership disclosure and certified it holds the shares without aiming to influence control.