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Will Vertiv Holdings (VRT)’s $1.45 Billion UIG Deal Accelerate its AI Infrastructure Growth?
Insider Monkey19h agoneutral
Will Vertiv Holdings (VRT)’s $1.45 Billion UIG Deal Accelerate its AI Infrastructure Growth?

On September 2, Vertiv Holdings Co (NYSE:VRT) agreed to acquire Utility Innovation Holdings, Inc. (operating as UtilityInnovation Group or UIG) for approximately $1.45 billion in cash at closing. The deal includes up to $1.15 billion in performance-based cash earnouts over 12- and 24-month periods tied to EBITDA targets. At the initial purchase price, the transaction […]

Investing.com19h agoneutral
Blue Origin raises $10B as Bezos’ total investment hits $32B - WSJ

Investing.com -- Jeff Bezos is doubling down on his ambitions in the space race. According to details reported by the Wall Street Journal, the Amazon founder has now poured a staggering $32 billion into Blue Origin since its founding in 2000, funding the venture through strategic sell-offs of his Amazon stock.

Community banks are struggling, crypto isn’t to blame
Yahoo Finance Video19h agoneutralVIDEO
Community banks are struggling, crypto isn’t to blame

In this clip from the Daily Wolf, Scott Melker sits down with John D’Agostino, head of strategy for Coinbase (COIN) Institutional, to discuss his findings on community banks and crypto. D’Agostino says his research found that none of the community banks he examined connected the rise of crypto with the decline in traditional bank deposits. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Shopify Opens Its Doors to Muse, Here’s Why Amazon Won’t
Insider Monkey19h agoneutral
Shopify Opens Its Doors to Muse, Here’s Why Amazon Won’t

Shopify Inc. (NASDAQ:SHOP) has signed a deal to make eligible Shopify stores fully shoppable through Meta’s new AI agent Muse. Amazon is taking the opposite approach, actively blocking Muse and a growing list of AI shopping tools from its platform. The contrast reflects two different approaches to agentic commerce. Shopify is opening its doors on […]