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2 stories related to this topic, newest first.

Stack Infrastructure Considers Options Including Sale of Asia OperationsReoMartins / Wikimedia (CC BY-SA 4.0)
world5 hrs ago

Stack Infrastructure Considers Options Including Sale of Asia Operations

Stack Infrastructure, owned by Blue Owl Capital, is exploring various options for its business, including a potential sale of its operations in Asia. The considerations are based on information from people familiar with the matter. This move comes amid growing demand for data cen…

Bloomberg
news.ycombinator.com
elastic.co
3 sources
Lucid Group Reports Wider-Than-Expected Q1 Loss, Plans Production Adjustments Amid High Inventoriesinsidermonkey.com
finance11 hrs ago

Lucid Group Reports Wider-Than-Expected Q1 Loss, Plans Production Adjustments Amid High Inventories

Electric vehicle maker Lucid Group posted a first-quarter net loss of $1 billion, missing revenue expectations, and announced steps to align production with demand due to elevated vehicle inventories. Separately, investment firm SuRo Capital reported a 76% rise in net asset value…

CNBC
SA
Benzinga
3 sources