The post Vertiv (VRT) Stock Soars to New Peaks Amid AI Infrastructure Boom appeared on BitcoinEthereumNews.com.
Key Highlights First-quarter 2026 revenues reached $2.65 billion, representing a 30.1% annual increase and surpassing analyst projections Earnings per share of $1.17 on an adjusted basis significantly exceeded the $1.00 consensus forecast Shares have climbed 115% since the start of the year, trading at $340.02 and approaching the 52-week peak of $359.84 Wall Street sentiment remains positive with 21 of 26 analysts maintaining Buy recommendations, despite average targets trailing current valuations Management upgraded annual EPS projections to a range of $6.30–$6.40 while setting second-quarter outlook at $1.37–$1.43 Vertiv (VRT) shares are hovering near record territory following exceptional first-quarter results driven by accelerating artificial intelligence infrastructure buildouts. Vertiv Holdings Co, VRT The infrastructure solutions provider delivered first-quarter revenu
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
Oracle’s abrupt termination of an estimated 20,000 to 30,000 employees via email on March 31 has sparked significant employee pushback over what many regarded as inadequate severance. The company offered four weeks of base pay plus one additional week per year of service, capped at 26 weeks, but crucially did not accelerate unvested stock grants — meaning […]
SANTA CLARA, Calif. and CORNING, N.Y., May 7, 2026 — NVIDIA and Corning Incorporated have announced a multiyear commercial and technology partnership to dramatically expand U.S.-based manufacturing of the advanced optical […]
The post NVIDIA and Corning Announce Long-Term Partnership to Strengthen US Manufacturing for AI Infrastructure appeared first on AIwire.
Insider Brief Nyobolt has raised $60 million in series C funding to expand its ultra-fast charging and high-power battery systems for autonomous robots and AI infrastructure, with valuation topping $1 billion. The funding round was led by Symbotic, with participation from IQ Capital, Latitude, Scania Invest and CBMM. The company said revenue increased fivefold year […]
Oracle plans to issue security patches for its ERP, database, and other software on a monthly cycle, rather than quarterly, to respond to the increased pace of AI-enabled software vulnerability discovery.
Other software vendors, notably Microsoft, SAP, and Adobe, already release patches on a monthly beat, always on the second Tuesday of each month.
Oracle, though, is taking an off-beat approach: It will release the first of its monthly Critical Security Patch Updates (CSPUs) on May 28, the fourth Thursday, and after that, it will release its patches on the third Tuesday of each month — a week after the other vendors — with the next batches arriving on June 16, July 21, and August 18, it said earlier this week.
The new CSPUs “provide targeted fixes for critical vulnerabilities in a smaller, more focused format, allowing customers to address high-priority issues without waiting for the next quarterly release,” Oracle said.
It will issue a cumulative Critical Patch Update each quarter, so
Featherless.ai, a platform for deploying open-source AI models, has raised $20 million in Series A funding co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures, Kickstart Ventures, Panache Ventures, and Wavemaker Ventures. The company supports over 30,000 open models across language, vision, and audio, positioning itself as a hardware-neutral alternative to […]
