4 stories mentioning CORZ
Every FINWIRES story that references CORZ, newest first.
Todd M Duchene, Chief Legal and Administrative Officer, on June 01, 2026, sold 10,000 shares in Core Scientific (CORZ) for $283,619. Following the Form 4 filing with the SEC, Duchene has control over a total of 2,078,895 common shares of the company, with 2,078,895 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1839341/000090514826002803/xslF345X05/form4.xml
Core Scientific (CORZ) said Wednesday it plans to expand its Muskogee, Oklahoma campus to about 1.5 gigawatts of gross power, including roughly 1.0 gigawatt of leasable capacity, to support high-density compute deployments.As part of the plan, the company agreed to acquire Polaris DS, which has contracted 440 megawatts of gross power, with the deal expected to close in Q3.The company said the acquisition will accelerate its timeline for new capacity, with construction already underway on an 82.5-megawatt facility slated for initial delivery in Q4 of 2027.Shares of Core Scientific were up 9% in Wednesday trading.Price: $24.18, Change: $+1.99, Percent Change: +8.97%
Core Scientific (CORZ) said its wholly-owned subsidiary, Core Scientific Finance I, priced an offering of $3.3 billion of 7.750% senior secured notes due 2031 at 99.250% of the principal.The unit plans to use the proceeds to fund a debt service reserve account and distribute the remaining funds to its parent, Core Scientific said late Wednesday. The company intends to use a portion of the net proceeds to repay delayed loans from its 364-day credit facility.The notes will be sold in a private offering to institutional buyers. The offering is expected to close on May 6.Shares of Core Scientific were down 1.3% in Thursday's premarket activity.Price: $20.91, Change: $-0.28, Percent Change: -1.32%
Technology stocks were advancing pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) 2% higher.CrowdStrike (CRWD) shares were up more than 1% after the company said it has expanded its go-to-market strategy across Japan and Asia Pacific, aiming to boost cybersecurity adoption among small and medium-sized businesses, or SMBs.Core Scientific (CORZ) stock was up more than 2% after the company said its Core Scientific Finance I unit plans to launch a private offering of $3.3 billion worth of senior secured notes due 2031.Sony Group (SONY) and Honda Motor (HMC) will scale down operations of their Sony Honda Mobility joint venture, citing difficulty in finding ways to bring products and services to the market in the short to medium term, the companies said. Sony Group shares were down more than 1% premarket.