IIPR preferred shares (IIPR.PR.A) yield 9.7% and are trading below redemption value. Innovative Industrial (IIPR) trades at 0.7x book value. See more.

The spending planned by Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Microsoft Corp., all in pursuit of dominance in the still-nascent market for AI tools, is a boom without a parallel this ...

Financial data-provider stocks dropped after artificial-intelligence company Anthropic announced it added new functions for legal users of its Cowork assistant. While shares of European legal ...

Nvidia has invested $2 billion in AI infrastructure provider CoreWeave, the companies announced. Shares of CoreWeave popped on the news. Nvidia purchased CoreWeave Class A common stock at $87.20 per ...

Riot Platforms ($RIOT) surged 13% after buying 200 acres at its Rockdale, Texas site and signing its first major hyperscale data center lease with AMD. Riot Platforms ...

Automatic Data Processing received authorization from its board to buy back $6 billion worth of stock. The new share repurchase authorization replaces in its entirety ADP's 2022 authorization for $5 ...

Intel (INTC) stock climbed more than 7% Tuesday as investment firm KeyBanc upgraded shares to Overweight from Sector Weight, citing the chipmaker’s advances in its manufacturing business and demand ...

An ambitious data-center project in Utah is going to need about one-quarter of the power the entire state currently uses. David Gray, co-chief executive for the project’s developer, knows he can’t get ...

Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...

Recursion Pharmaceuticals (NASDAQ: RXRX) experienced an 11% increase in stock price on Wednesday after JP Morgan raised its rating, noting the promising potential of its MEK inhibitor program. However ...

The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...

The S&P 500 fell 0.4% in afternoon trading and remains a bit below its all-time high set last week. The Dow Jones Industrial Average was down 271 points, or 0.6%, as of 1:53 p.m. Eastern time, and the ...