Today: 22 June 2026
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NASDAQ:ACA 22 June 2026

CRH will acquire Arcosa for $150 per share in cash, valuing the Dallas-based infrastructure products company at approximately $8.5 billion. Through this deal, CRH will gain additional U.S. aggregates assets and expand its presence in the energy transmission equipment sector. The acquisition positions CRH to benefit from ongoing grid upgrades and rising power demands.
CRH Plans $8.5 Billion Acquisition of Arcosa

CRH Plans $8.5 Billion Acquisition of Arcosa

CRH will acquire Arcosa for $150 per share in cash—a 25% premium to Arcosa’s 60-day average price—in an $8.5 billion deal that expands CRH’s U.S. infrastructure and energy transmission footprint; Arcosa shares jumped 7.4% in premarket trading after the news, with closing expected in Q1 2027 pending shareholder and regulatory approval.

Stock Market Today

  • Caterpillar Gains from Microsoft-Chevron AI Data Center Power Deal
    June 22, 2026, 1:37 PM EDT. Caterpillar deepens its role in the AI-driven power market as its Solar Turbines unit joins Chevron's 2.67-gigawatt natural gas Project Kilby near a Microsoft data center in West Texas. This co-located power project highlights Caterpillar's shift from traditional heavy machinery to supplying dedicated energy solutions for data centers, a rapidly growing demand segment. Shares rose 3% to about $1,015, reflecting the market's recognition of Caterpillar's expanded growth drivers. The company reported a 22% rise in Power & Energy segment sales to $7.03 billion in Q1, powered by a 41% jump in power-generation revenues. Caterpillar also raised its quarterly dividend 8% and aims to return nearly all Machinery, Power & Energy free cash flow to shareholders, signaling confidence in its energy backlog and execution prospects.

Latest articles

IBM’s $15 Billion Move Catches Wall Street’s Eye Ahead of the Open

IBM slide puts AI growth bets in focus as Accenture outlook hits techs

22 June 2026
IBM shares fell 1.8% to $244.57 as Accenture’s weaker outlook pressured IT services stocks, intensifying debate over whether AI will boost IBM’s high-margin software revenue enough to offset risks to its lower-margin consulting business; investors now focus on IBM’s July 22 earnings for clarity on software growth, consulting signings, and free cash flow.
SMH ETF flows point to AI chip trade moving away from Nvidia

SMH ETF flows point to AI chip trade moving away from Nvidia

22 June 2026
VanEck Semiconductor ETF (SMH) pulled in $6.93 billion in one-day net flows—nearly a third of the week’s record tech fund inflows—as investors shifted from leveraged Nvidia bets to diversified chip exposure, sending semiconductor stocks higher even as megacap tech fell, highlighting a sharp rotation in the AI trade.
HIVE shares rise after Paraguay AI pilot resets bitcoin miner outlook

HIVE shares rise after Paraguay AI pilot resets bitcoin miner outlook

22 June 2026
HIVE shares soared 20% after Columbia University researchers validated AI training on HIVE’s Paraguay GPUs, signaling potential for older Nvidia chips in global AI workloads; however, $214.7 million in at-the-market stock-sale capacity remains, posing dilution risk as HIVE pivots from bitcoin mining to AI infrastructure.
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