Opinion: The Smart Money Is Buying on the Low Side
The most useful thing said in the markets this week came from a chief executive explaining why he is not trying to get every last dollar. Asked by Jamie Dimon why Anthropic is going public now, Dario Amodei said the company buys computing capacity on the low side of its forecasts and wants extra cash […]
Rowan Lines Up $1.5 Billion to Speed Data Center Pipeline
Rowan Digital Infrastructure, a developer of large data center campuses backed by Quinbrook and Blackstone Inc., added more than $1.5 billion of corporate borrowing capacity to pay for the earliest and riskiest stage of building for AI customers. The Denver company expanded its holding company term loan by $600 million in a deal led by […]
UniCredit Returns to US Bond Market With $3.5 Billion Sale
UniCredit SpA sold $3.5 billion of bonds in the U.S. market, its first dollar offering since 2021, after investors put in more than $20 billion of orders for the Italian lender’s debt. The senior non-preferred notes came in three fixed-to-fixed tranches, each callable a year before maturity. The bank sold $1.5 billion of four-year notes […]
LangChain Raises $300 Million at $3 Billion Valuation
LangChain Inc., which makes software for building and managing artificial-intelligence agents, raised $300 million in new funding at a $3 billion valuation, more than doubling its worth in about a year. CapitalG, the growth investing arm of Alphabet Inc. and an existing backer, led the Series C round. Singapore sovereign fund GIC and DFJ Growth […]
Anthropic IPO Book Tops Six Times as Amodei Pitches With Dimon
Investors have put in orders for about six times the shares Anthropic PBC is selling in its initial public offering, people familiar with the deal said, as the company and its bankers head into the final days of marketing what could become the largest stock market debut on record. The order book stood at roughly […]
Modine Jumps 28% on Samsung Takeover Talks; Jana Holds Stake
Shares of Modine Manufacturing Co. posted their biggest one-day gain in six years after reports that Samsung Electronics Co. is in talks to buy the maker of cooling equipment for data centers, putting a price on a deal that neither company has agreed to. The stock closed up 28% at $135.66 on Friday, lifting the […]
Millicom to Buy Entel Peru for $1.7 Billion, Enters Peru
Millicom International Cellular S.A. agreed to buy Entel Peru for about $1.71 billion including lease liabilities, pushing the Latin American carrier best known for its Tigo brand into a 34-million-person market it has never served. The price works out to about five times Entel Peru’s estimated 2026 earnings before interest, taxes, depreciation and amortization, before […]
Texas Tech Runners Chase NCAA Bids at Mountain Regional
ALBUQUERQUE, N.M. — Texas Tech cross country makes its postseason push Friday at the NCAA Mountain Regional, hosted by New Mexico on the UNM North Golf Course at 2201 Tucker Road NE. The women’s 6-kilometer race goes off at 11 a.m. Mountain time, and the men run 10 kilometers starting at noon. New Mexico said
Pete Crow-Armstrong Wins NL MVP Unanimously, Ends Ohtani Run
CHICAGO — Pete Crow-Armstrong of the Chicago Cubs is the 2026 National League Most Valuable Player, and nobody else got a first-place vote. The Baseball Writers’ Association of America announced Thursday night that the center fielder was the top choice on all 30 ballots, for 420 points. Shohei Ohtani of the Los Angeles Dodgers placed
Astros Slugger Yordan Alvarez Sweeps Every First-Place Vote
HOUSTON — Yordan Alvarez is the American League Most Valuable Player, and nobody who cast a ballot thought otherwise. The Houston Astros designated hitter was named on Thursday as the top choice of all 30 voters from the Baseball Writers’ Association of America, finishing with 420 points. Tampa Bay third baseman Junior Caminero placed second