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Riot Platforms has signed a 20-year lease worth an estimated $9.1 billion, and up to $16.1 billion if two five-year extensions are exercised, to provide 191 megawatts of critical IT infrastructure to an unnamed frontier AI lab at its Rockdale, Texas campus. Riot said the deal marks "a defining moment" in its shift from bitcoin mining toward large-scale data center development. Under the agreement, 96 megawatts of capacity is expected to be delivered by December 2027, with the

U.S. stocks fell on September 23 as Treasury yields surged to their highest levels in nearly two decades. The Russell 2000 led declines, down 1.60%, followed by the Nasdaq (-1.11%), the S&P 500 (-0.73%) and the Dow Jones Industrial Average (-0.63%). Energy was the only sector to finish higher, up 0.89%, as oil prices slipped. The 5-year Treasury yield breached 5% intraday for the first time since 2007, reaching 5.036%, while the 10-year yield climbed to 5.106%. Stronger-than-

Super Micro Computer executives say the total addressable market for AI infrastructure could reach $2 trillion to $4 trillion, with senior vice president Michael Staiger telling investors "the sky's the limit" for the company's growth. Super Micro estimates it currently holds roughly 10% share of that market. The company says it is backed by a $60 billion order book supporting fiscal 2027 revenue guidance of $65 billion to $72 billion, and is ramping manufacturing capacity to

NIO shares have traded near their 52-week low of $3.55 as investors continue to focus on the Chinese EV maker's persistent losses despite revenue growth. The stock closed at $3.69, up 0.54% on the day, still well below its 52-week high of $8.02. NIO reported second-quarter revenue of 32.14 billion yuan alongside a net loss of 721.59 million yuan, a negative 2.25% profit margin. Earnings per share beat the consensus estimate by 0.15 yuan, but the company has yet to turn a sust

Hawaiian Electric Industries shares touched a 52-week low of $10.10 this month, a decline of roughly 16% over the past year, as the utility continues working through the financial fallout of the 2023 Lahaina wildfire. Ladenburg Thalmann initiated coverage with a Sell rating and a $7.00 price target, citing concerns over the company's return on equity and ongoing wildfire-related litigation. The stock's slide comes alongside soft quarterly results: core earnings came in at $0.

Genius Sports CEO Mark Locke sold 272,551 shares on September 16 at an average price of $6.56, a transaction worth roughly $1.79 million, and followed it with additional sales of 50,000 shares on September 17 and 477,449 shares on September 15. In total, Locke sold close to 800,000 shares for about $5.26 million across the three sessions, though he retains roughly 19.4 million shares valued near $127.4 million. The sales landed as Genius Sports shares traded around $5.62, bel

American Airlines shares traded near $13.55 on Tuesday, down roughly 12% for the year, even as CEO Robert Isom laid out plans to expand premium seating from about 25% to 40% of the carrier's narrowbody fleet. The push includes lie-flat business suites, Starlink-powered Wi-Fi starting in 2027, and new seatback screens across more than 800 aircraft beginning in 2028. The strategy leans on a simple math: roughly 30% of American's seats already generate half its revenue, and near

Freeport-McMoRan shares traded near $72 on Tuesday, up modestly on the day and well within a 52-week range that has stretched from $34.96 to $80.24. The miner's edge in the current cycle comes from a leaching program that recovers copper from already-mined ore for less than $1 a pound, compared with the company's broader 2026 net cash cost of $1.90 a pound. The company currently pulls about 200 million pounds of copper a year through leaching and is targeting 300 million poun

Delta Air Lines shares rose above their 200-day moving average of $77.79 on Tuesday, trading as high as $82.77 on volume of more than 9.1 million shares. Wall Street's consensus rating on the stock sits at Moderate Buy, with 23 Buy ratings against 2 Holds and an average price target of $100.36. The move follows a recent earnings beat: Delta reported $1.56 in per-share earnings against a $1.49 consensus estimate, on revenue of $17.67 billion versus expectations of $17.43 billi

Large bank stocks fell in the sessions following the Federal Reserve's decision to raise its policy rate for the first time in three years, an outcome that runs counter to the conventional view that higher rates widen lending margins. JPMorgan Chase slipped about 1%, Wells Fargo dropped 3% and Goldman Sachs lost 4%. The explanation analysts have offered is positioning rather than fundamentals. Bank shares rallied through the summer in anticipation of tighter policy, with JPMo

Snap Inc. shares rose about 3.9% on Monday, closing near $5.75, as investors continued to weigh the company's pivot toward hardware and artificial intelligence. In mid-September Snap unveiled SPECS Intelligence alongside its SPECS augmented reality glasses, priced at $2,195, backed by partnerships with Salesforce, Amazon Web Services, Nvidia and Verizon. The company also reshuffled its commercial leadership, promoting EMEA president Ronan Harris to chief commercial officer wi

JPMorgan raised Tyson Foods to Overweight from Neutral with a $63 price target, arguing that the protein producer's depressed valuation already reflects a difficult beef cycle. The shares closed at $52.28 on Monday, up roughly 1% on the session. The upgrade follows Tyson's second guidance reduction of fiscal 2026. The company trimmed full-year revenue growth expectations to a range of 1.5% to 2.0% and lowered projected adjusted operating income to between $1.85 billion and $2

Walmart closed at $106.85 on Monday, up 0.1% and modestly trailing a broader market that finished sharply higher. The shares moved within a narrow intraday band, continuing a pattern of range-bound trading that has persisted through September. Two items have drawn attention. Consensus analyst price targets have been reduced to roughly $131.88 following a round of cuts, and a Securities and Exchange Commission filing disclosed that John R. Furner, director, president and chief

Advanced Micro Devices closed above a $1 trillion market capitalization for the first time on Monday, becoming the fourth U.S. chipmaker to reach the milestone. The stock rose roughly 10% as traders moved into artificial intelligence names following the debut of Meta Platforms' Muse AI assistant, which took the top free-download spot on Apple's app store. The move was broad across the sector. Intel gained about 12%, Arm Holdings climbed 17%, and the Philadelphia Semiconductor

DraftKings disclosed on September 19 that it applies machine learning to customer betting behavior in order to direct promotional offers toward bettors identified as likely to lose. According to former employees, parallel work on using similar techniques to flag customers at risk of problem gambling appears to have been delayed or shelved. The disclosure arrives during the sportsbook's most important stretch of the year. The 2026 NFL season opened September 9, and Citizens re

Kylian Mbappé has left Nike for Swiss sportswear company On, ending one of the more visible endorsement relationships in the company's football business. The departure lands with Nike shares down roughly 43.9% year to date, a decline that has persisted through a management reset and several quarters of inventory and wholesale repositioning. The company has also reshaped its board. Alexandre Arnault, an executive at LVMH, was appointed a director and granted a sign-on award of

U.S. equity futures moved higher Monday, with Dow and S&P 500 contracts each up about 0.7% and Nasdaq-100 futures gaining roughly 1%. Falling oil prices and anticipation of a Trump-Xi summit carried the tone, following a week in which the Federal Reserve lifted its target range to 3.75%-4.00% in its first increase since 2023. Rates remain the dominant variable. The 10-year Treasury yield has broken above 5% for the first time since 2023, and while the committee penciled in on

Silver has pushed above $110 an ounce for the first time, extending a rally that carried the metal through the $100 mark earlier this year. The move has repriced the mining complex alongside it: Hecla Mining shares are up roughly 482% over the past twelve months, and the stock added 5.9% on September 17 after an upbeat price outlook from the company. The gains have come despite mixed operating detail. Hecla reported slightly lower second-quarter revenue and earnings against a

Robinhood has collected a run of bullish analyst revisions over the past two weeks. Morgan Stanley moved the stock to Overweight with a $150 target, pointing to growth engines across retirement accounts, banking, credit cards, advisory and prediction markets running through 2028. Scotiabank initiated coverage at Sector Outperform with a $136 target, and Piper Sandler lifted its target to $145 on prediction market revenue. The shares traded between $111.06 and $120.57 on Septe

Investors in Hertz Global Holdings face a September 22 lead plaintiff deadline in a securities class action filed against the car rental company. The deadline is the date by which shareholders must move to serve as lead plaintiff if they wish to take that role in the litigation. The legal overhang comes on top of a steep decline in the shares, which have fallen roughly 59% this year and traded between $1.85 and $1.95 on September 17. Morgan Stanley recently lowered its price