Today: 12 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

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Stock Market Today

  • TeraWulf (NASDAQ:WULF) signs $19B, 20-year lease with Anthropic; investors wary on debt, costs
    July 12, 2026, 3:55 PM EDT. TeraWulf (NASDAQ:WULF) said it will lease data center space to Anthropic in a $19 billion deal over 20 years, backed by $3.5 billion in debt led by Morgan Stanley. Annual revenue from the arrangement comes in around $950 million at $2.37 million per megawatt-year, marking a 27% premium to TeraWulf's previous contracts. TeraWulf shares climbed 3.7% before dropping 5.3% the day of the news, as the market zeroed in on the costs and steep financing tied to the build-out. Anthropic's debt plan relies on leveraged loans and high-yield bonds rated below investment grade, so borrowing will be expensive. Analysts called the lease terms strong but pointed to risks on margins and execution. TeraWulf's $34 million in current quarterly revenue is far smaller than the new deal.
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