Today: 2 May 2026
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XETRA:ND8 20 December 2025

Tether-Linked Buyers Close $200 Million Peak Mining Deal as Rumble Pursues $767 Million Northern Data Takeover

Tether-Linked Buyers Close $200 Million Peak Mining Deal as Rumble Pursues $767 Million Northern Data Takeover

U.S. regulatory filings show Peak Mining, Northern Data’s bitcoin-mining business, was sold for up to $200 million to Highland Group Mining Inc., Appalachian Energy LLC, and 2750418 Alberta ULC. The deal structure includes $50 million upfront and up to $150 million in deferred profit share. Buyer identities and terms emerged through SEC documents tied to Rumble’s planned acquisition of Northern Data.

Stock Market Today

  • Warrior Met Coal (HCC) Valuation Mixed After Recent Price Decline
    May 2, 2026, 8:01 AM EDT. Warrior Met Coal's (HCC) shares have pulled back recently, with a 6.2% decline over the past month and a 3.7% year-to-date loss, despite strong longer-term returns of 83% over one year and 128% over three years. The price shift reflects a mix of sector-wide dynamics and company-specific developments influencing coal demand perceptions. Simply Wall St's valuation model gives HCC a moderate 3 out of 6 score, indicating mixed signals on undervaluation. The company's risk and reward profile remains under debate amid broader market reassessments. Investors should note that valuations are based on multiple methods including discounted cash flow and relative multiples, highlighting the nuanced outlook for HCC shares.

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Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

2 May 2026
The S&P 500 and Nasdaq closed at record highs Friday as Alphabet, Amazon, Meta, and Microsoft projected 2026 AI spending above $700 billion. Meta shares dropped nearly 10% after raising its capital-spending outlook, while Alphabet rose on strong Google Cloud revenue. Meta acquired Assured Robot Intelligence, expanding into robotics AI. Google began selling its AI chips directly to customers, challenging Nvidia.
Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

2 May 2026
Seagate shares rose 7.9% and Sandisk jumped 8.3% Friday, while Western Digital slipped 0.6%. Sandisk reported Q3 revenue up 251% to $5.95 billion and signed $42 billion in long-term supply deals. Western Digital’s Q3 revenue climbed 45% to $3.34 billion, topping analyst estimates. Seagate forecast Q4 revenue of $3.45 billion, citing AI-driven demand.
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