Price: $409.40, Change: $-3.26, Percent Change: -0.79%
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Australia
Nebius Breaks Ground on AI Factory in Missouri
Nebius (NBIS) said Tuesday it marked the start of construction of its gigawatt-scale artificial intelligence factory on about 400 acres in eastern Independence, Missouri.The AI factory is expected to generate $650 million in tax payments to local school districts and taxing jurisdictions over the next 20 years, according to a statement.The project will create about 1,200 construction jobs and 130 permanent positions at full operation, the company said.Price: $178.51, Change: $-7.59, Percent Change: -4.08%
$NBIS
Australia
Update: Power Solutions International Shares Drop After Q1 Adjusted Earnings, Revenue Fall
Power Solutions International (PSIX) shares were down about 40% in afternoon trading Tuesday, a day after the company posted lower Q1 adjusted earnings and revenue.The company reported quarterly adjusted earnings late Monday of $0.36 per diluted share, down from $0.83 a year earlier.One analyst polled by FactSet expected $0.52.Revenue for the three months ended March 31 was $128.6 million, down from $135.4 million a year earlier.Two analysts surveyed by FactSet expected $160.8 million.The company said it expects Q2 revenue to be "generally consistent" with Q1.Power Solutions International said it is not providing full-year guidance at this time amid "ongoing variability in order timing and market conditions."Price: $37.77, Change: $-24.69, Percent Change: -39.53%
$PSIX
Australia
Hyster-Yale Raises Quarterly Dividend to $0.365 a Share From $0.36, Payable June 16 to Shareholders of Record as of June 1
Price: $35.57, Change: $-0.84, Percent Change: -2.31%
$HY