24 days ago
Shares of Rum Group (RUM), the company formerly known as Rumble, rallied almost 12% on Sept. 14 after The Information reported that it bagged a $13.7 billion compute deal with Anthropic. This is a major win for the company following its rebirth as Rum Group; the company now has an AI cloud and infrastructure division called Quake AI following its acquisition of Northern Data in June 2026.
The demand for compute is real and only expected to grow, irrespective of the AI slowdown fears currently engulfing the market and driving the share prices of AI companies lower. Let's take a closer look.
Why It's Time to Load Up on Nvidia Stock
The Case for Selling CrowdStrike Stock
Dear Tesla Stock Fans, Mark Your Calendars for October 1
#sept #anthropic
The demand for compute is real and only expected to grow, irrespective of the AI slowdown fears currently engulfing the market and driving the share prices of AI companies lower. Let's take a closer look.
Why It's Time to Load Up on Nvidia Stock
The Case for Selling CrowdStrike Stock
Dear Tesla Stock Fans, Mark Your Calendars for October 1
#sept #anthropic
25 days ago
Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the appointment of renowned capital markets executive Hubert Marleau as an Independent Director of HIVE's wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), a move designed to strengthen governance and strategic oversight as the company expands its sovereign AI infrastructure platform across Canada.
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
1 month ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Yorkville Ives' Partner and Senior Managing Director, Dan Ives, expects Apple Inc.'s new CEO John Ternus to usher in mergers and acquisitions, the crucial "missing piece" for the tech giant to compete in the accelerating artificial intelligence arms race.
While former CEO Tim Cook is widely regarded as a "Mount Rushmore Hall of Fame CEO," Ives argued that Apple's previous strategy may have caused the company to miss out on certain growth opportunities over the last decade. With Ternus at the helm, investors can expect a distinct strategic shift.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#director
Yorkville Ives' Partner and Senior Managing Director, Dan Ives, expects Apple Inc.'s new CEO John Ternus to usher in mergers and acquisitions, the crucial "missing piece" for the tech giant to compete in the accelerating artificial intelligence arms race.
While former CEO Tim Cook is widely regarded as a "Mount Rushmore Hall of Fame CEO," Ives argued that Apple's previous strategy may have caused the company to miss out on certain growth opportunities over the last decade. With Ternus at the helm, investors can expect a distinct strategic shift.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#director
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
With the right strategy, you can pay off your loans faster than you might think. Whether you're carrying federal or private student loans, accelerating your repayment can save you thousands in interest and free up cash flow for other financial goals. Here's how to pay off student loans fast while maintaining your financial stability.
If you're interested in paying off student loans as fast as possible, these steps can help you accomplish your goal in a sustainable way that won't threaten your other financial needs and obligations.
Keep in mind that some of them may not accelerate your repayment much on their own, but combining several of them can have a compounding effect.
One of the most straightforward ways to pay off student loans fast is to increase your monthly payment whenever possible. Even a modest increase can shave years off your repayment timeline and save you significant money in interest.
#loans #interest #increase
With the right strategy, you can pay off your loans faster than you might think. Whether you're carrying federal or private student loans, accelerating your repayment can save you thousands in interest and free up cash flow for other financial goals. Here's how to pay off student loans fast while maintaining your financial stability.
If you're interested in paying off student loans as fast as possible, these steps can help you accomplish your goal in a sustainable way that won't threaten your other financial needs and obligations.
Keep in mind that some of them may not accelerate your repayment much on their own, but combining several of them can have a compounding effect.
One of the most straightforward ways to pay off student loans fast is to increase your monthly payment whenever possible. Even a modest increase can shave years off your repayment timeline and save you significant money in interest.
#loans #interest #increase
1 month ago
Shell has agreed to take full control of U.S. convenience store operator and fuel distributor Tri Star Energy, in a transaction that will more than double the energy major's company-owned convenience retail footprint in the United States.
Equilon Enterprises, which operates as Shell Oil Products US, will increase its ownership of Nashville-based Tri Star from 33% to 100%. The acquisition includes 320 fuel and convenience retail sites in Tennessee and surrounding states, along with fuel-supply agreements covering another 552 dealer-owned locations. Financial terms were not disclosed.
Shell is acquiring the remaining interest from The Parman Corporation, Kimbro Oil Company and their subsidiaries. The deal is expected to close by the end of 2026, subject to regulatory approval and customary closing conditions.
The transaction represents a substantial expansion of Shell's directly controlled retail operations. While Shell already has around 12,000 branded fuel and convenience sites across 49 U.S. states, the vast majority are operated by wholesalers or dealers rather than owned directly by the company. Shell says its U.S. network serves more than 7 million customers per day.
Following completion, Tri Star will be operated by Texas Petroleum Group, a wholly owned unit of Shell Mobility & Convenience US. Shell expects the combined business to have nearly 550 company-owned convenience retail locations and supply agreements with around 650 dealer-owned sites across the southern United States.
Tri Star, founded in 2000, operates convenience-store brands including Twice Daily, Sudden Service and Little General and also owns the White Bison Coffee brand. Its wholesale fuel operation reaches multiple states, giving Shell additional exposure to both fuel distribution and higher-margin convenience and food-and-beverage sales.
#shell #convenience #retail
Equilon Enterprises, which operates as Shell Oil Products US, will increase its ownership of Nashville-based Tri Star from 33% to 100%. The acquisition includes 320 fuel and convenience retail sites in Tennessee and surrounding states, along with fuel-supply agreements covering another 552 dealer-owned locations. Financial terms were not disclosed.
Shell is acquiring the remaining interest from The Parman Corporation, Kimbro Oil Company and their subsidiaries. The deal is expected to close by the end of 2026, subject to regulatory approval and customary closing conditions.
The transaction represents a substantial expansion of Shell's directly controlled retail operations. While Shell already has around 12,000 branded fuel and convenience sites across 49 U.S. states, the vast majority are operated by wholesalers or dealers rather than owned directly by the company. Shell says its U.S. network serves more than 7 million customers per day.
Following completion, Tri Star will be operated by Texas Petroleum Group, a wholly owned unit of Shell Mobility & Convenience US. Shell expects the combined business to have nearly 550 company-owned convenience retail locations and supply agreements with around 650 dealer-owned sites across the southern United States.
Tri Star, founded in 2000, operates convenience-store brands including Twice Daily, Sudden Service and Little General and also owns the White Bison Coffee brand. Its wholesale fuel operation reaches multiple states, giving Shell additional exposure to both fuel distribution and higher-margin convenience and food-and-beverage sales.
#shell #convenience #retail
1 month ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Peter Schiff has been bearish about the U.S. economy for a long time, and his warning posted to X on Aug. 31 is just the latest in a long line of dire predictions about the future of the stock market and the American economy (1).
Schiff sounded the alarm on a concerning trend in the Treasury market, specifically bonds.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#market
Peter Schiff has been bearish about the U.S. economy for a long time, and his warning posted to X on Aug. 31 is just the latest in a long line of dire predictions about the future of the stock market and the American economy (1).
Schiff sounded the alarm on a concerning trend in the Treasury market, specifically bonds.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#market
