Power Development Plan VIII

Showing 2152 articles
Business

Private Equity Reaps Windfall as Elong Power's Market Value Soars

A staggering 2,313% surge in Elong Power Holding's (NASDAQ: ELPW) share price last week delivered a massive payoff for its largest shareholder group—private equity firms. With concentrated ownership and scant analyst coverage, the stock's dramatic move highlights both its potential and the risks inherent in such thinly followed names.

Business

Beyond the Drill Bit: How EQT Powers the AI Boom and Grid Reliability

As AI data centers drive an unprecedented surge in U.S. power demand, natural gas producer EQT is positioning itself as a critical pillar of energy security. Its proven operational resilience during extreme weather events underscores a strategic shift from a pure commodity play to an essential infrastructure partner.

Business

IonQ Bets $1.8 Billion on Vertical Integration with SkyWater Acquisition, Aims to Accelerate U.S. Quantum Chip Development

In a major consolidation move within the quantum computing sector, IonQ has announced a definitive agreement to acquire U.S.-based semiconductor foundry SkyWater Technology for $1.8 billion. The deal aims to create a domestically controlled, vertically integrated platform to speed up the development and production of advanced quantum processors, citing both technological and national security imperatives.

Business

Osisko Development Secures $125M for Cariboo Gold Project Amid Operational Pause and Valuation Debate

Osisko Development Corp. (TSXV:ODV) has announced a major $125 million equity financing to advance its flagship Cariboo Gold Project in British Columbia, following a temporary operational suspension due to a contractor fatality. The move comes as the company's shares show strong recent momentum but trade at a significant discount to peers, raising questions about its valuation and path forward.