Browsing Tag
Inc.
380 posts
Tradeweb to acquire Trumid for $1.97bn as electronic bond trading consolidates
Tradeweb Markets Inc. has agreed to acquire electronic credit trading platform Trumid for approximately $1.97 billion, expanding its presence across the corporate bond lifecycle while targeting stronger institutional liquidity, automation and earnings growth.
3M expands Amazon AI deal as $6bn sales milestone unlocks share warrants
3M Company has expanded its commercial relationship with Amazon around optical connectivity and data centre materials, introducing warrants tied to as much as $6 billion in cumulative product sales over seven years. The agreement coincides with improving industrial margins and an upgraded 2026 earnings outlook.
Venture Global unveils potential $17.2bn power equipment programme for LNG and AI data centres
Venture Global's agreements with GE Vernova and Baker Hughes create a framework for up to 16 gas-fired power islands, potentially supporting LNG expansion and data-centre development, but most equipment orders remain conditional on future commercial decisions.
Fluence wins Vattenfall’s 1 GWh German battery storage contract as shares face pressure
Fluence Energy will deliver a 254 MW battery storage project at Vattenfall's BrunsbĂĽttel site, strengthening its European order pipeline while manufacturing delays and revised financial guidance remain central to investor sentiment.
BlackRock’s $15.5tn asset milestone reveals why private markets and ETFs are reshaping its growth
BlackRock, Inc. reported record assets under management of $15.49 trillion after attracting $205.5 billion in third-quarter net inflows, with strong exchange-traded fund demand, expanding private markets activities and higher technology revenue supporting a 19% increase in group revenue.
Google secures 702MW fuel-cell power as American Electric Power plans $4bn Wyoming project
American Electric Power Company, Inc. plans to invest approximately $4 billion in a 702-megawatt fuel-cell generation facility in Wyoming under a 20-year electricity supply agreement with Google, highlighting how major technology companies are turning toward dedicated power infrastructure.
Goldman Sachs earnings jump as equities trading drives $18.68bn revenue quarter
The Goldman Sachs Group, Inc. reported third-quarter revenue of $18.68 billion and diluted earnings of $17.01 per share, supported by strong equities trading, higher investment banking fees and expanding asset management revenue.
Cirrus Logic’s Synaptics bid forced onsemi to rewrite a $5.7bn chip deal
Cirrus Logic’s previously undisclosed attempt to acquire Synaptics escalated into a semiconductor bidding contest that forced onsemi to abandon its original all-stock structure and offer $123 per share in cash. The battle exposes a larger strategic contest over edge artificial intelligence, connected devices and semiconductor diversification.
Skyworks (Nasdaq: SWKS) closes Qorvo merger as $500m synergy test begins
Skyworks has completed its combination with Qorvo, creating a larger radio-frequency and analog semiconductor business, but November guidance must begin proving whether at least US$500 million of planned annual cost synergies can outweigh integration and leverage risks.
AI’s next bottleneck may be finance as data centers, chips and power chase capital
Artificial intelligence spending is moving beyond technology-company balance sheets as GPUs, data centers, electricity contracts and infrastructure cash flows increasingly support specialised financing structures. The shift could turn AI infrastructure financing into a much broader credit-market cycle, but power delivery, asset values and leverage will determine whether the model proves durable.