What it means for global shipping

Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images The escalating war in the Middle East has ratcheted up fears of prolonged disruption to global trade via key maritime corridors like…

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CoreWeave to acquire Core Scientific in $9 billion all-stock deal

CoreWeave CEO Michael Intrator, left, testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025. Chip Somodevilla | Getty Images Artificial intelligence-oriented cloud infrastructure company CoreWeave said Monday it will acquire Core Scientific, a data center infrastructure provider, in an all-stock deal valued at approximately $9 billion. CoreWeave stock…

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