Black Hills Agrees to Buy NorthWestern Energy in All-Stock Deal
The deal will create a regional regulated electric and natural gas utility company with a pro forma market value of approximately $7.8 billion and combined enterprise value of $15.4 billion, the companies said Tuesday in a statement.
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Meet the Monster Stock That's Crushing Nvidia and Palantir on the Market
Key Points The rapidly growing demand for CoreWeave's AI cloud infrastructure is translating into tremendous growth for the company. The stock can be bought at a significantly cheaper multiple when compared to the likes of Nvidia and AMD. 10 stocks we like better than CoreWeave › Artificial intelligence (AI) supercharged the growth of Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) in the past couple of years or so, and that's not surprising, as both companies are playing a key role in the proliferation of this technology with their hardware and software offerings. While Nvidia's powerful chip systems are enabling cloud computing giants, governments, and other customers to train AI models and run inference applications, Palantir is helping customers integrate AI into their operations. Not surprisingly, shares of both companies have been in fine form on the stock market. Palantir stock has shot up a remarkable 116% in 2025. Nvidia, on the other hand, has delivered respectable gains of 33%. However, their gains pale in comparison to CoreWeave (NASDAQ: CRWV), a cloud AI infrastructure provider that went public less than five months ago. What's powering CoreWeave's stunning stock market surge? CoreWeave stock jumped 125% since its initial public offering (IPO) on March 28 this year. Nvidia and Palantir recorded gains of 62% and 91% during the same period. This remarkable rally in CoreWeave stock can be attributed to the terrific growth in the company's revenue on account of the rapidly growing demand for training and deploying AI models and applications in the cloud. The company has built its business by renting out powerful graphics processing units (GPUs) from Nvidia to customers for running AI workloads. CoreWeave's accelerated computing platform is optimized for handling AI and machine learning tasks. The company also offers data storage and networking services to customers. Its latest results for the second quarter of 2025 (released on Aug. 12) make it clear that the demand for CoreWeave's cloud AI infrastructure is extremely robust. The company's Q2 revenue tripled year over year to just over $1.21 billion, exceeding the higher end of its guidance range. More importantly, CoreWeave's revenue backlog grew 86% year over year in Q2, outpacing the 63% growth it recorded in Q1. The company is now sitting on a massive revenue backlog worth more than $30 billion. The impressive jump in CoreWeave's backlog can be attributed to an improvement in the company's customer base, as well as the expansion of its existing contracts. Specifically, the company signed an additional contract worth $4 billion with OpenAI on top of the original contract that was worth almost $12 billion. Management pointed out that it scored a new hyperscale customer during Q2, which ended up expanding its deal with CoreWeave in the quarter. Moreover, CoreWeave has been quickly expanding its AI data center infrastructure to meet the "unprecedented demand" for its AI infrastructure. The company ended the previous quarter with 470 megawatts (MW) of active data center power capacity, up from 420MW in Q1. Even better, the company's contracted power capacity increased by 37% sequentially in the previous quarter to 2.2 gigawatts (GW). The increase in the contracted power capacity means that CoreWeave can eventually offer its cloud AI infrastructure services to more customers in the future. That should help the company corner a bigger share of a massive end-market opportunity. CoreWeave management anticipates its total addressable market (TAM) to hit a whopping $400 billion by 2028. So, it is easy to see why the company has been investing aggressively to bring more capacity online. It has spent $4.8 billion in capital expenditure in the first half of 2025, up from $3.7 billion in the same period last year. The higher outlay explains why CoreWeave increased its full-year revenue outlook. It expects $5.25 billion in revenue now at the midpoint of its guidance range, up from the earlier forecast of $5 billion. That would be a big increase over its 2024 revenue of $1.9 billion. Also, the company's TAM indicates that it has the ability to sustain its outstanding growth in the long run as well, which is why buying it looks like a smart thing to do right now. The stock is cheaper than Nvidia and Palantir CoreWeave is now trading at 12 times sales. While that's on the expensive side, investors should note that it is cheaper than both Nvidia and Palantir right now. Another important point worth noting is that CoreWeave is currently growing at a much faster pace than both Nvidia and Palantir. While Nvidia's revenue in the last reported quarter increased 69% year over year, Palantir reported a 48% jump in revenue to just over $1 billion. Looking ahead, CoreWeave's growth could continue exceeding its fellow AI peers thanks to the huge backlog that it is sitting on. That's the reason why CoreWeave's forward sales multiples are lower than Nvidia's and Palantir's, as seen in the previous chart. All this makes CoreWeave a top AI stock to buy right now as it has the potential to sustain its red-hot rally and outperform Nvidia and Palantir in the future as well. Should you invest $1,000 in CoreWeave right now? Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,466!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,633!* Now, it's worth noting Stock Advisor's total average return is 1,077% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia and Palantir Technologies. The Motley Fool has a disclosure policy. Meet the Monster Stock That's Crushing Nvidia and Palantir on the Market was originally published by The Motley Fool Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
a few seconds ago
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Elizabeth Warren Says Elon Musk's SpaceX Is Paying Less Tax Than You But Getting 'Billions' From The Government: Trump And GOP 'Rigged' The Tax Code
Sen. Elizabeth Warren (D-Mass.) has accused Elon Musk's SpaceX of benefiting from billions in U.S. government contracts while paying little to no federal taxes. Warren Accuses Musk Of Dodging Taxes On Monday, Warren took to X, formerly Twitter, and said that "Elon Musk's SpaceX is worth over $350 BILLION – after receiving billions in government contracts – but could be paying LESS in taxes than you." She blamed Donald Trump's tax reforms, saying Republicans "rigged the tax code with loopholes for billionaire corporations" and demanded "no more corporate handouts." Trending: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Her remarks followed a New York Times report that SpaceX has avoided paying federal income tax on about $5 billion in taxable income since its founding in 2002 by using a legal tax strategy known as a net operating loss carryforward. The provision, expanded indefinitely under Trump in 2017, lets companies offset future income with earlier losses. Musk Previously Defended Tesla's Tax Strategy Musk currently has a net worth of $375 billion, according to Bloomberg's Billionaire Index, making him the wealthiest individual on Earth. In February earlier this year, Musk and Tesla Inc. (NASDAQ:TSLA) VP of Finance Sendil Palani denied claims that Tesla evaded taxes, saying that the company legally carried forward past losses under IRS provisions. At the time, Musk acknowledged Tesla didn't pay U.S. federal income tax for several years, including 2024, since most profits come from overseas sales, but highlighted the need for comprehensive tax reform to address excessive Revenue Soars, Taxes Stay Low Documents reviewed by the publication show that more than 75% of SpaceX's revenue in 2020 and 2021 came from federal contracts. Despite that reliance on taxpayers, SpaceX paid only minimal taxes — including $483,000 to foreign governments and $78,000 in state taxes in 2021. SpaceX's business is also booming. Revenue is expected to reach $15.5 billion in 2025, double the $7.4 billion reported in 2023. Starlink, its satellite internet service, now generates more revenue than its rocket division, with 2.5 million users and $8 billion in 2023 sales. Warren Broadens Criticism Of Musk Warren has previously also targeted Musk over what she describes as conflicts of interest and misuse of government influence. In June, her office released a report titled "130 Days of Elon Musk," alleging more than 100 abuses of power during his time as a Trump administration adviser. She has also criticized the Pentagon for awarding Musk's AI startup xAI a $200 million contract just days after its chatbot Grok was caught making antisemitic remarks. Read Next: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share. Bezos' Favorite Real Estate Platform Launches A Way To Ride The Ongoing Private Credit Boom Photo Courtesy: Sheila Fitzgerald On UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Elizabeth Warren Says Elon Musk's SpaceX Is Paying Less Tax Than You But Getting 'Billions' From The Government: Trump And GOP 'Rigged' The Tax Code originally appeared on Sign in to access your portfolio
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Better Quantum Computing Stock: D-Wave Quantum vs. Quantum Computing Inc.
Key Points Quantum computing offer an intriguing opportunity given its potential to revolutionize many industries. D-Wave Quantum and Quantum Computing Inc. are early-stage businesses with promising innovations. However, both companies are seeing volatile sales across quarters, and neither is profitable. 10 stocks we like better than D-Wave Quantum › The quantum computing sector offers an exciting new area to invest in. Quantum machines can perform sophisticated calculations beyond the capabilities of current classical computers. This tech could transform industries such as medicine and artificial intelligence. But among the bevy of businesses in the field, which are worthwhile long-term investments as the nascent industry grows? Two to consider are D-Wave Quantum (NYSE: QBTS) and Quantum Computing Inc. (NASDAQ: QUBT), which also refers to itself as QCi. Between D-Wave and QCi, one looks like the better quantum computing stock. Read on for an exploration of both businesses to understand which one and why. Untangling D-Wave Quantum's business performance D-Wave produces income primarily through subscriptions to its quantum systems via the cloud and professional services to support customers in the use of its technology. In 2025, D-Wave's sales have been on a roller coaster. It generated $15 million in the first quarter after selling one of its quantum computers. In Q2, revenue was $3.1 million, a 42% increase from 2024's $2.2 million as the company picked up $1 million to upgrade the device sold in the first quarter. This sales volatility could continue for some time as D-Wave grows its business. An encouraging sign is 92% year-over-year growth in its Q2 bookings to $1.3 million. Bookings represent customer orders received in the quarter that are expected to produce revenue when the orders are fulfilled. However, D-Wave isn't turning a profit. Its Q2 operating loss of $26.5 million was a 42% increase from the previous year. That's a concerning trend given its Q2 revenue of just $3.1 million. Fortunately, D-Wave has stockpiled a record high $819.3 million in cash and equivalents on its balance sheet. It exited Q2 with total assets of $843.6 million versus total liabilities of $149.3 million. This enables the company to maintain operations in the short term on its path to revenue growth. Quantum Computing Inc.'s budding business QCi uses light particles, called photons, to perform calculations in its quantum computer chips. It sells these chips, other hardware, and professional services to generate revenue. The company is in an early stage of its business lifecycle with sales coming primarily from research grants and proof-of-concept projects. As a result, its sales are small, and prone to substantial swings. For example, in 2024, QCi generated revenue of $373,000, a 4% year-over-year increase. But through the first half of 2025, sales plunged 52% to $100,000. QCi's technology has the potential to generate long-term revenue growth. Photons can be used in a wide range of light sensing, imaging, and other optical applications. Nevertheless, until QCi can gain traction with a larger group of customers, sales will continue to struggle. And that does not bode well for its business viability, because the company is not profitable. The company exited Q2 with an operating loss of $10.2 million against revenue of $61,000 as research and development costs more than doubled year over year to $6 million. QCi's saving grace is that, like D-Wave, it amassed a large war chest to fund operations in the short term. Q2 total assets were $426.1 million with cash and equivalents of $348.8 million. Total liabilities in the quarter were $30.1 million. Deciding between D-Wave Quantum and Quantum Computing Inc. In choosing between D-Wave Quantum or QCi, an important consideration is share price valuation. Since both are not profitable, the way to get at this is using the price-to-sales (P/S) ratio, which measures how much investors are willing to pay for every dollar of revenue generated over the trailing 12 months. The chart shows QCi's P/S multiple is far above D-Wave's, and the disparity is so great, QCi shares look overpriced. Consequently, D-Wave stock is the better value. This, combined with promising sales and bookings growth, makes D-Wave a more attractive investment than its rival. At QCi's current phase of development, it's a highly speculative stock given the low revenue, high costs, and limited commercial sales. This doesn't mean D-Wave shares are a bargain, since its sales multiple is quite high as well. Another factor to consider is that the quantum computing industry is in its early stages. Quantum computers are prone to calculation errors, because the atomic particles in these machines are sensitive to the slightest environmental disturbances, such as a minor temperature change. So while D-Wave is the better choice versus QCi, any investment in a pure-play quantum computer company is a risk. And it could take years before a scalable quantum device is possible. Some estimates predict that won't happen until 2040. Given these factors, only investors with a high risk tolerance should consider investing in D-Wave. Should you invest $1,000 in D-Wave Quantum right now? Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,466!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,633!* Now, it's worth noting Stock Advisor's total average return is 1,077% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Better Quantum Computing Stock: D-Wave Quantum vs. Quantum Computing Inc. was originally published by The Motley Fool
