Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

BIZARRE: Vnet | Mind Blowing Facts

Maze Therapeutics, Opendoor Technologies, Oxford Industries, VNET Group And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Nasdaq Composite gaining more than 100 points on Thursday.

This Under-$20 AI Stock Soars 731% in 6 Months, Analysts Say ‘Strong Buy’

This Under-$20 AI Stock Soars 731% in 6 Months, Analysts Say ‘Strong Buy’

This internet data center services provider has shown remarkable growth, with its shares skyrocketing by 731% over the past six months.

3 Data Center Stocks Powering the Internet’s Backbone

3 Data Center Stocks Powering the Internet’s Backbone

The data center market is experiencing significant growth, driven by the increasing demand for cloud computing, artificial intelligence (AI), and data storage solutions. Therefore, it could be wise to consider quality data center stocks: Micron Technology, Inc. (MU), GDS Holdings Limited (GDS), and VNET Group, Inc. (VNET), which are powering…

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

VNET Slashes Expansion Plans as Private Equity Buyout Remains in Play

Key Takeaways: VNET has slashed its plans for new cabinet installations this year by 30% and lowered its revenue outlook by a more modest 2.6% The company has hired Citigroup to advise it on a buyout offer led by Hina Group from April this year By Doug Young

61 Stocks Moving In Thursday's Mid-Day Session

Chindata Potentially Up for Sale as M&A Heats Up in China Data Centers

Key Takeaways: Data center operators GDS and EdgeConneX have reportedly expressed interest in making bids for Chindata Chindata’s control by U.S. private equity giant Bain and the recent departure of its founder may make it ripe for such a buyout By Doug Young

VNET Finally Gets Some Respect from Unsolicited Suitor

Key Takeaways: VNET has received an unsolicited buyout offer that is 50% higher than its previous stock price, sparking a 30% surge in its shares Company is the relative laggard among China’s three major independent data center operators despite its status as the oldest of the group By Doug Young

inkl

Read news from The Economist, FT, and more,
with one subscription

Why VNET Shares Are Surging Today

Why VNET Shares Are Surging Today

VNET Group Inc (NASDAQ:VNET) bagged an unsolicited and preliminary all-cash buyout offer. The Hina Group and Industrial Bank Co., Ltd., Shanghai Branch proposed to acquire VNET for $8.00 in cash per ADs, or $1.3333 per ordinary share. VNET's Q4 FY21 revenue of $273.9 million, up 29.4% year-on-year, missed the consensus of $275.9 million. EPS loss…

VNET Group's Earnings: A Preview

VNET Group's Earnings: A Preview

VNET Group (NASDAQ:VNET) is set to give its latest quarterly earnings report on Wednesday, 2022-03-30. Here's what investors need to know before the announcement. Analysts estimate that VNET Group will report an earnings per share (EPS) of $-0.22.

VNET Group Q4 2021 Earnings Conference Call On March 30, 2022 At 09:00 AM ET

VNET Group Q4 2021 Earnings Conference Call On March 30, 2022 At 09:00 AM ET

VNET Group (NASDAQ:VNET) will host a conference call at 09:00 AM ET on March 30, 2022, to discuss Q4 2021 earnings results. How to Attend VNET Group (VNET) Conference Call Follow this link to access the live webcast.

GDS Raises Funds for Accelerating Expansion, But Investors Unimpressed

GDS Raises Funds for Accelerating Expansion, But Investors Unimpressed

Key Takeaways: GDS is raising $620 million through the issue of seven-year convertible notes with a conversion price just 16% above the stock’s latest close Funds are being used to pay for an accelerated buildup of new data centers, including a new regional hub taking shape around Singapore By Doug…

Blackstone Agrees To Invest In VNET Via Convertible Notes

Blackstone Agrees To Invest In VNET Via Convertible Notes

Funds managed by Blackstone Inc (NYSE:BX) Blackstone Tactical Opportunities have agreed to invest in VNET Group Inc (NASDAQ:VNET). Blackstone looks to purchase VNET's $250 million of convertible notes having a term of five years and carry interest at 2% per annum. The Notes are convertible into the VNET's ADSs, each representing six shares, at $11.00 per…

1

People

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Micron Technology Inc

Circle Internet Group

American Depositary Shares

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

364,904 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play