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Grafa
Energy

LG Energy Solution seizes full control of $5B Canada battery hub as Stellantis exits

LG Energy Solution will take 100% ownership of NextStar Energy, Canada’s premier commercial-scale battery facility, as partner Stellantis (NYSE:STLA) moves to divest its 49% stake in a strategic pivot toward leaner operations.

Read more: LG Energy Solution seizes full control of $5B Canada battery hub as Stellantis exits
Grafa

Cummins outpaces estimates as data center power offsets truck market weakness

Cummins (NYSE:CMI) delivered a substantial earnings beat for its fourth quarter on Thursday, as record demand for data center backup power and strong international sales helped the engine maker navigate a persistent slump in the North American heavy-duty truck market.

Read more: Cummins outpaces estimates as data center power offsets truck market weakness
Grafa
Technology

Massimo to aquire AI specialist FST in strategic push Into digital health and smart mobility

Massimo Group (NASDAQ:MAMO) announced on Tuesday that it has entered into a non-binding letter of intent to acquire 100% of FST Development Company, a move that signals the powersports manufacturer’s aggressive pivot toward AI-driven hardware and digital health robotics.

Read more: Massimo to aquire AI specialist FST in strategic push Into digital health and smart mobility