RB Global Doubles Share Repurchase Ceiling to $1 Billion Following TSX Approval
RB Global has received Toronto Stock Exchange approval to double its aggregate share buyback limit to $1 billion, expanding its repurchase capacity through March 2027.
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Axon Enterprise Prices $1 Billion in Zero-Coupon Convertible Senior Notes
Axon Enterprise has priced $1 billion of zero-coupon convertible senior notes due in 2031, securing approximately $886.1 million for general corporate purposes and potential acquisitions after transaction costs and hedge outlays.
Canary Capital Launches First Tron Staking ETF as Asset Base Tops $50 Million
Canary Capital has debuted the Canary Staked TRX ETF, marking the first exchange-traded fund dedicated to the Tron blockchain and staking yield generation.
Main Street Capital Leverages Debt and Equity Hybrid Model to Expand Asset Value and Distributions
Main Street Capital has grown its net asset value to $33.92 per share and maintained continuous monthly dividend distributions by pairing lower-middle-market debt facilities with direct equity stakes.
Ark Invest Trims Palantir and AMD Holdings to Buy $3.35 Million in Archer Aviation
Cathie Wood's Ark Invest has reduced positions in Palantir Technologies and Advanced Micro Devices while purchasing approximately $3.35 million in Archer Aviation stock.
eGain Faces Analyst Downgrades as Legacy Software Churn Outpaces AI Growth
eGain reported record cash flow in fiscal 2026, but price target cuts from B. Riley and Roth Capital highlight the challenge of legacy customer runoff outpacing artificial intelligence revenue expansion.
External Review Finds Fed Staff Knew of Silicon Valley Bank Risks Prior to Collapse
An outside review conducted by Starling Advisory Group found Federal Reserve supervisors knew or should have known about Silicon Valley Bank's vulnerabilities before its 2023 failure, Fed Vice Chair for Supervision Michelle Bowman announced.
Apollo Warns of Rising Risk in Debt-Financed AI Infrastructure Boom
Private equity giant Apollo Global Management warned that corporate debt backing the artificial intelligence buildout is becoming riskier as hyperscalers issue bonds to finance massive capital expenditures.
Investor Alarm Grows as Tech Leaders Call for AI Slowdown
Rising calls from AI executives to slow the development of frontier models have rattled financial markets, raising concern over whether massive infrastructure investments can deliver near-term profits.
Nvidia Hardware Dominance and 70% Fiscal 2028 Revenue Guidance Highlight AI Spending Boom
Nvidia continues to command the AI hardware infrastructure market as hyperscale data center spending approaches $1.3 trillion next year, backed by strong fiscal 2028 revenue targets.
AI-Driven Memory Shortage Drives Up Secondhand Smartphone Valuations and Component Salvage
A global shortage of memory chips linked to artificial intelligence demand is driving up prices for used smartphones and altering the economics of component recovery, according to marketplace data from B-Stock.
Amazon Market Cap Hits $2.7 Trillion as AWS Profits Drive Growth Under Andy Jassy
Amazon’s market capitalization has climbed to $2.7 trillion under CEO Andy Jassy, driven by strong growth at Amazon Web Services and expanding enterprise investments in cloud and artificial intelligence infrastructure.
Cloud Hyperscalers Push AI Capex Near $500 Billion as Valuations Diverge
Technology giants Amazon, Alphabet, and Microsoft are dramatically increasing capital expenditures to support their artificial intelligence infrastructure, pushing combined spending toward $500 billion.
Inside Tim Cook’s $880 Billion Buyback Legacy as John Ternus Takes Apple Helm
Following Tim Cook's departure as CEO on Sept. 1, Apple's capital allocation legacy comes into focus. Under Cook, the tech giant deployed over $880 billion in share repurchases, dramatically boosting shareholder returns.
