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08/10/2026
Rivian: This Volkswagen loan is tied to the existing joint venture agreement.
Latest
5 m ago
The U.S. Department of Defense has offered chipmaker Wolfspeed (WOLF.N) a conditional senior secured loan commitment of up to $1.5 billion with a 30-year term to support domestic production of silicon carbide materials and wide-bandgap power devices in the United States. Under the terms of the deal, which are still subject to negotiation, Wolfspeed will provide the U.S. Department of Defense with warrants allowing it to purchase up to 7.5% of the company's shares in tranches. Wolfspeed filed for bankruptcy last July due to production problems at a key silicon carbide wafer plant. The company said it will use the funds to expand production of silicon carbide materials and power devices for telecommunications, aerospace and defense applications, and to upgrade its supply capacity for related materials used in military communications systems. Following the announcement, Wolfspeed's shares rose by more than 28% in after-hours trading at one point.
12 m ago
Solidigm, a subsidiary of SK Hynix, has hired Goldman Sachs and Morgan Stanley to handle its IPO.
14 m ago
Airbus: Romania orders 12 military helicopters.
19 m ago
According to the Wall Street Journal: People familiar with the matter said Oracle is in talks with institutions including Apollo and Goldman Sachs to arrange financing for a large-scale chip purchase, and hopes to complete the deal as early as this year. The financing is intended to bridge the funding gap between Oracle's payments for hardware procurement and the point at which its cloud computing business begins generating revenue.
19 m ago
Levi's executive: Half of the third-quarter revenue growth came from non-denim bottoms, with the tops category showing the strongest growth.
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