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Fermi Inc Stock Jumps 13% Amid AI Power Play and Leadership Shakeup Recovery Hopes

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Xanadu Quantum Stock Explodes 54% on Nvidia AI Models as

NEW YORK — Fermi Inc. shares climbed sharply in early trading Wednesday, rising 13.14 percent to $5.72 as investors appeared to shake off recent volatility tied to a high-profile CEO departure and betting on the company’s ambitious plans to deliver gigawatt-scale power for artificial intelligence data centers.

Fermi Inc Stock Jumps 13% Amid AI Power Play and
Fermi Inc Stock Jumps 13% Amid AI Power Play and Leadership Shakeup Recovery Hopes

The Nasdaq-listed stock (FRMI) gained 66 cents by 10:42 a.m. EDT on above-average volume, marking a partial rebound after Monday’s steep decline following news of leadership changes at the specialized real estate investment trust focused on energy infrastructure for hyperscale computing.

Fermi Inc., operating as Fermi America, develops private power campuses designed to supply behind-the-meter electricity directly to AI-centric customers, bypassing strained public grids. Its flagship Project Matador envisions an 11-gigawatt “HyperGrid” campus on more than 5,200 acres near Amarillo, Texas, combining data center facilities with on-site generation from natural gas, solar and planned nuclear units.

The company positions itself at the intersection of two explosive trends: surging electricity demand from AI training and inference workloads and chronic delays in traditional grid interconnections. By building dedicated power infrastructure, Fermi aims to offer tenants reliable, redundant energy faster than competitors reliant on utility-scale transmission queues that can stretch years.

Recent volatility stems from a leadership transition. On or around April 20, the company announced that CEO Toby Neugebauer had stepped down immediately, with the CFO also departing. The moves rattled traders, sending shares down more than 13 percent that day and contributing to broader uncertainty around execution of Project Matador. Short seller commentary, including critiques labeling the venture “not a field of AI dreams,” added pressure in recent sessions.

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Despite the turbulence, some analysts and momentum investors see the dip as a buying opportunity. Fermi’s core thesis remains intact: U.S. data center capacity constraints and power shortages could drive hyperscalers toward behind-the-meter solutions. The company has highlighted partnerships, including advanced discussions with Hyundai Engineering & Construction for nuclear technology, and progress on permitting and front-end engineering design for AP1000 reactors.

Fermi went public in late 2025 via an IPO structured as a REIT, allowing tax-efficient operations while focusing on long-term leases for power and computing space. The REIT structure appeals to income-oriented investors but has drawn scrutiny over whether the company qualifies given its heavy development focus and limited current revenue.

Project Matador remains the centerpiece. Fermi has spoken of bringing the first gigawatt online by the end of 2026, with ambitions to scale to 11 GW or more. Executives have emphasized “HyperRedundant” power delivery — combining multiple generation sources for uptime critical to AI operations that cannot tolerate outages. The campus model includes land acquisition, permitting, construction and leasing to major tech tenants seeking to avoid public grid bottlenecks.

Financially, Fermi is still in the heavy investment phase. The company has reported net losses as it funds development, permitting and early construction. Recent secured financing facilities, including a $156 million committed facility announced in early April and earlier turbine equipment deals, provide runway but also raise dilution concerns if additional equity raises follow.

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Analysts remain divided. Some maintain bullish price targets well above current levels, citing massive addressable demand from AI growth and Fermi’s first-mover advantage in private power campuses. Others have lowered targets or expressed caution over execution risks, lack of signed major tenant contracts to date, regulatory hurdles for nuclear components and competition from established data center REITs and utility-backed projects.

The stock’s journey has been dramatic since going public. Shares experienced sharp swings, hitting new 52-week lows in early April before rebounding on AI sector momentum and then pulling back again on leadership news. Wednesday’s 13 percent gain suggests some traders are looking past the near-term noise toward longer-term potential in the AI power infrastructure theme.

Fermi’s board and interim leadership have not yet detailed a permanent CEO search, but the company continues to push forward on strategic initiatives. Recent updates have included progress on clean air permitting in Texas and deepened nuclear collaboration talks. The involvement of high-profile figures, including former Energy Secretary Rick Perry on the board in earlier stages, lent credibility to the nuclear angle, though the company has since emphasized a hybrid generation approach.

Broader market context supports selective buying in AI-adjacent names. While major indices trade modestly higher Wednesday, stocks tied to data center infrastructure and energy have shown sporadic strength as investors weigh the massive electricity needs of next-generation AI models.

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For Fermi, the path forward hinges on several milestones: securing anchor tenants for Project Matador, advancing nuclear or gas generation timelines, maintaining financing discipline and navigating regulatory processes in Texas. Success could validate the private power campus model and deliver substantial upside; delays or cost overruns could pressure the stock further given its already volatile history.

Retail investor interest has been notable, with social media and trading forums frequently discussing FRMI alongside other small-cap AI infrastructure plays. High short interest and elevated options activity have amplified swings, creating opportunities for nimble traders but also significant risk for those chasing momentum without regard to fundamentals.

As the morning session continued, Fermi shares held most of their gains, though volatility remained elevated. The upcoming earnings cycle and any fresh updates on Project Matador or leadership will likely dictate the next leg of movement.

Fermi Inc. represents a high-risk, high-reward bet on the infrastructure layer supporting the AI boom. While recent leadership changes have introduced uncertainty, the underlying demand for reliable, scalable power for data centers continues to grow. Whether the company can execute on its ambitious Texas vision will determine if today’s rebound marks the start of sustained recovery or another chapter in its volatile trading story.

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Ukrainian capital Kyiv under attack from Russian drones, missiles, officials say

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Ukrainian capital Kyiv under attack from Russian drones, missiles, officials say


Ukrainian capital Kyiv under attack from Russian drones, missiles, officials say

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Southeast Asian Leaders Approve Emergency Strategy to Reduce Impact of Middle East Conflict

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Southeast Asian Leaders Approve Emergency Strategy to Reduce Impact of Middle East Conflict

ASEAN leaders met in Cebu, Philippines, adopting a contingency plan addressing the Iran war’s impact, including emergency fuel sharing, a regional power grid, and evacuating citizens from the Middle East, while acknowledging implementation challenges amid ongoing economic hardships.

Key Points

  • ASEAN leaders met in Cebu, Philippines, adopting a contingency plan to address the economic impact of the Iran war, including emergency fuel sharing agreements, a regional power grid, fuel stockpiles, and diversifying crude oil sources.
  • Over one million Southeast Asian citizens working in the Middle East face safety risks, prompting leaders to coordinate evacuations and strengthen information sharing to protect nationals in conflict-affected areas.
  • Philippine President Marcos warned that damage from the Iran war could last years, while Thailand’s foreign minister stressed the ceasefire must be extended and safe passage through the Strait of Hormuz must be guaranteed.

ASEAN’s Contingency Response to the Iran War Crisis

Southeast Asian leaders convened at the ASEAN summit in Cebu, Philippines, adopting a comprehensive contingency plan to address the economic and humanitarian fallout from the ongoing Iran war. Hosted by President Ferdinand Marcos Jr., who stripped the event of its traditional formalities, the summit focused on urgent regional priorities. The plan includes emergency fuel-sharing agreements, development of a regional power grid, diversification of crude oil sources, promotion of electric vehicles, and exploration of civilian nuclear energy — measures aimed at shielding member nations from severe energy supply disruptions.

Implementation Challenges and Long-Term Economic Damage

While the contingency steps are intended for immediate implementation, leaders acknowledged that establishing a regional fuel stockpile and power grid remains highly complex and time-consuming. Marcos openly questioned logistical details, such as whether a fuel reserve would be centralized or distributed across member states. Beyond energy concerns, he warned that economic recovery could take years, even if hostilities ceased immediately. “The damage to critical infrastructure, vital systems, and trust in general will continue to be felt for years to come,” Marcos cautioned, underscoring the deep and lasting vulnerabilities exposed by the conflict.

Humanitarian Concerns and Regional Security Outlook

A major dilemma facing ASEAN leaders involved safeguarding over one million citizens living and working in the Middle East, amid fears of escalating hostilities near the strategically vital Strait of Hormuz. A joint declaration called for strengthened coordination with international organizations to protect nationals in affected areas. Thailand’s Foreign Minister Sihasak Phuangketkeow was notably direct, stating the war “should not have occurred” and urging an extended ceasefire. Leaders also addressed other regional flashpoints, including South China Sea disputes, Myanmar’s civil war, and the Thailand-Cambodia border conflict, reflecting a broader climate of geopolitical uncertainty.

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EagleRock Land prices IPO at $18.50 per share

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EagleRock Land prices IPO at $18.50 per share

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Why big tech is betting on cute mascots

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Why big tech is betting on cute mascots

The likes of Apple, Microsoft and Google are all putting cartoon characters centre stage.

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Innodata EVP & COO Ashok Mishra sells $21.9m in company stock

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Innodata EVP & COO Ashok Mishra sells $21.9m in company stock

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Innodata director Louise Forlenza sells $2.67 million in stock

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Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in Airtel

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Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in Airtel
Bharti Airtel’s board on Wednesday approved a ₹28,220 crore share-swap deal with Indian Continent Investment (ICIL) to raise its stake in UK-listed subsidiary Airtel Africa, while increasing ICIL’s holding in Bharti Airtel by about 2.3 percentage points in one of India’s largest related-party transactions.

ICIL is a Mauritius-based investment entity functioning as a family office investment vehicle for the Sunil Bharti Mittal family, a promoter group entity of Bharti Airtel. Analysts termed the move positive for Airtel, saying the Street had expected an all-cash transaction.

Read more: India working on subsea gas pipeline project

That would have required the company to draw down its large cash reserves. Instead, the deal structure preserves cash while helping the Mittal family narrow the gap with another key promoter shareholder, Singtel Group.

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The transaction will also allow the Mittal family to consolidate investments in Bharti Airtel, potentially easing future fundraising through equity sales, analysts said. “Instead of Bharti paying cash (of ₹28,200 crore) to buy ICIL’s Africa stake, it is paying through newly issued shares and would consolidate Africa holding to 79%. There is 2.4% dilution for existing shareholders in India,” Bank of America said in a research report on Wednesday.


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Under the agreement, Airtel will issue about 146.7 million new shares at ₹1,923 apiece to ICIL through a preferential allotment. The issue price represents a 9.5% premium to the previous closing price before the May 13 relevant date.
In return, ICIL will transfer about 595.2 million Airtel Africa shares, representing its entire 16.31% stake in the African subsidiary. The shares will be acquired at an 11.6% discount to the last closing price before May 13. The transaction will increase Bharti Airtel’s stake in Airtel Africa to 79.04% from 62.73%, while ICIL’s stake in Bharti Airtel will rise to 3.25% from 0.95%, according to analysts.
Another analyst said the higher holding in Airtel Africa would help Bharti Airtel benefit from the subsidiary’s growth trajectory by boosting earnings per share and strengthening ownership of its African operations. “The board recognised that the transaction is in line with the objective of consolidating/strengthening shareholding in a strategic subsidiary. Apart from being cashless and leverage-neutral, the transaction is accretive to EPS (earnings per share) of Airtel India with additional earnings outweighing the dilution,” Airtel said in a statement to exchanges.

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Cathie Wood’s ARK sells Twist Bioscience, buys Natera stock

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Zayed International Airport Fully Operational on May 13 as Non-Traveler Shopping Initiative Boosts Hub

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Is Abu Dhabi Airport Open? Zayed International Airport Resumes Limited

ABU DHABIZayed International Airport, the bustling gateway formerly known as Abu Dhabi International Airport, is operating normally Wednesday with hundreds of flights scheduled, dispelling any rumors of a new opening while highlighting its innovative push to welcome non-travelers for shopping and exploration.

As of mid-morning May 13, 2026, the airport is handling arrivals and departures smoothly under clear skies, with Etihad Airways and partner carriers maintaining robust schedules to destinations across Europe, Asia and beyond. Live trackers show over 400 flights planned for the day, reflecting full recovery from earlier regional disruptions tied to Middle East tensions.

The facility, renamed Zayed International Airport in early 2024 to honor the UAE’s founding father, has emerged as one of the region’s most modern aviation landmarks. Its centerpiece Terminal A, which fully integrated operations in late 2023 after years of construction, continues to impress travelers with its vast scale, advanced technology and luxurious amenities.

Terminal A, a $3 billion masterpiece designed by Kohn Pedersen Fox, spans over 700,000 square meters and features seamless biometric processing, state-of-the-art baggage systems and expansive retail zones. The terminal can accommodate up to 45 million passengers annually in its current configuration, with ambitious expansion plans underway to reach 65 million by 2032.

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Abu Dhabi Airports recently launched a groundbreaking eight-week initiative allowing UAE residents and nationals to visit the terminal without a boarding pass. The “Shopping Pass” program, which began in mid-April, lets visitors register online for a digital QR code, granting up to four hours inside to browse duty-free luxury stores, dine at world-class restaurants and experience the airport’s architectural splendor.

This marks a first-of-its-kind move for a major Gulf hub, transforming the airport from a transit point into a lifestyle destination. Visitors can access high-end brands like Cartier, Chanel and Hermès at duty-free prices while enjoying the terminal’s soaring ceilings, art installations and comfortable lounges. Laptops and tablets are restricted during visits for security reasons.

The program responds to evolving post-pandemic travel patterns and aims to boost non-aeronautical revenue. Early feedback has been overwhelmingly positive, with families, shoppers and aviation enthusiasts flocking to the terminal during the trial period running through early June.

Zayed International Airport’s journey reflects Abu Dhabi’s broader aviation ambitions. Originally opened decades ago, the facility underwent a massive transformation with the Midfield Terminal (now Terminal A) project. Full transition of all airlines to the new terminal occurred by mid-November 2023, streamlining operations and elevating the passenger experience.

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Etihad Airways, the national carrier based at the airport, has steadily rebuilt its network. Following temporary airspace restrictions in February and March 2026 amid regional geopolitical tensions, operations resumed progressively. By early May, the airport had returned to near-normal capacity with Etihad operating dozens of daily flights to around 80 destinations.

Modern features define the passenger journey. Biometric gates speed up immigration and security, while advanced digital signage and mobile apps provide real-time updates. Sustainability efforts include energy-efficient systems and extensive use of recycled materials, aligning with the UAE’s green aviation goals.

The airport’s resilience shone through recent challenges. Widespread airspace closures in late February and early March due to heightened security concerns disrupted flights across the UAE. Limited operations resumed in March, with full normalization by May following the reopening of regional airspace.

Today, passengers enjoy smooth processing. Arrival and departure halls buzz with activity, and retail outlets report strong sales. The non-traveler access program has added vibrancy, with visitors mingling alongside actual flyers in shared public zones.

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Expansion remains on the horizon. Abu Dhabi Airports is developing a master plan for further growth, with construction potentially starting within two years. Plans include capacity increases and infrastructure upgrades to support Etihad’s fleet expansion and rising tourism numbers.

Connectivity benefits the wider economy. As Abu Dhabi’s primary international gateway, the airport supports tourism, business and cargo operations. Its strategic location enhances the UAE’s role as a global aviation hub between Europe, Asia and Africa.

For travelers today, standard procedures apply. Airlines recommend arriving with confirmed bookings and checking flight status amid any residual regional volatility. The airport’s website and app provide live updates, while dedicated staff assist with inquiries.

The non-traveler initiative underscores innovation in airport management. By opening doors to the public, Zayed International Airport positions itself as more than infrastructure — a community asset and experiential venue. Similar concepts could spread to other hubs seeking diversified revenue.

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Challenges persist in a competitive landscape. Dubai International Airport remains larger, but Abu Dhabi’s focus on premium service and Etihad partnerships carves a distinct niche. Passenger numbers have rebounded strongly in 2026, with forecasts pointing to continued growth.

As evening approaches on May 13, the terminal will continue welcoming both flyers and curious visitors under the Shopping Pass scheme. Its gleaming halls, efficient operations and forward-looking programs affirm Zayed International Airport’s status as a world-class facility fully open and thriving.

No grand reopening occurred today, but the airport’s ongoing evolution — from architectural marvel to accessible destination — keeps it at the forefront of global aviation trends. For residents and international visitors alike, it stands ready to impress, whether for a quick shopping excursion or the start of a journey across continents.

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Creating Scroll-Stopping Real Estate Reels That Sell Homes Faster

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Creating Scroll-Stopping Real Estate Reels That Sell Homes Faster

In the modern housing market, where technology is at the forefront, it’s not uncommon for homebuyers to find their dream home on social media before ever making an appointment to view it in person.

While browsing through social media, homebuyers may come across dozens of listings, but only a few stand out from the rest. That is where short-form video reels come in handy.

With Pippit and its AI video generator, homebuyers can now become the stars of their very own video reels, making their home listings look dynamic and engaging. Instead of using images or written descriptions, homebuyers can use video reels to bring their homes to life in just a few seconds, giving them a better idea of what it’s like to be in their home.

The outcome is quite simple: homebuyers are engaging, interested, and ready to buy.

Why short-form reels are transforming real estate marketing

Homebuyers may find dozens of listings on the internet, but only a few stand out from the rest. While homebuyers are browsing through dozens of listings, video reels are giving them a better idea of what it’s like to be in their home, making them engage, interested, and ready to buy.

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Short-form video reels help change this. By utilizing movement, music, and storytelling, video reels establish a connection with viewers that static photos cannot replicate.

What reels allow agents to show

  • The flow from one room to another
  • The change in lighting from room to room
  • The outdoors from within the property
  • Lifestyle shots that help buyers envision themselves in the property

These help build a more engaging experience for a listing property.

The power of the first three seconds

Real estate video reels must grab viewers’ attention from the very beginning. People consume a lot of content on social media sites, so they scroll through content fast. Therefore, the first moment of a video must be impactful enough for viewers to stop scrolling and watch the video.

A hook for a real estate video can be something as impactful as revealing a stunning room, such as a living room, or a stunning view from above the property, or a unique feature in a property’s design.

Examples of attention-grabbing opening scenes

  • A fast reveal of a luxury kitchen island
  • A seamless transition from the front door to the living space
  • A drone shot focusing on the property’s surroundings
  • A before-and-after renovation video

These moments immediately communicate value and excitement.

Turning property features into visual stories

Every property has unique features that may be used as storytelling in the reel. Rather than presenting these features individually, real estate videos may feature these as part of a story.

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For instance, the reel may begin with a shot of morning coffee in the kitchen, followed by another shot of a well-lit home office, and then another shot of relaxing in the backyard.

Lifestyle moments that resonate with buyers

  • Preparing coffee in a sunlit kitchen
  • Working comfortably in a dedicated office space
  • Relaxing in a cozy living room
  • Enjoying the sunset from a balcony or garden

These are storytelling moments that turn property videos into experiences.

Why video content helps homes sell faster

Today’s home buyers are likely to look at properties online before reaching out to agents.

As the viewer interacts with the reel, it increases their chances of remembering the property and also sharing it with others. Moreover, social media algorithms favor videos, so these reels have greater chances of reaching a larger audience.

Thus, it increases their chances of receiving more inquiries and making faster sales.

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How AI tools simplify real estate video creation

Previously, creating professional videos for properties involved using advanced video editing tools or hiring professionals to create videos for agents. However, with the introduction of AI tools, it is now much simpler.

Agents can use a free AI video generator tool to create videos by uploading images, videos, and property details, which will then create a draft video for the agent.

Agents no longer need to spend hours editing videos using these tools but can simply focus on capturing high-quality images for their videos.

From property photos to engaging real estate reels with Pippit

Pippit is another tool that simplifies creating engaging videos from property photos and videos for agents to use on social media platforms.

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Step 1: input any property link, media, or photo

To begin, select “Video generator” from the left-hand side menu in Pippit. You can input your idea, paste a link to the property listing, or add media such as photos, a PDF, or a video tour of the home. Next, click “Generate.”

Pippit will automatically generate video drafts based on the media added.

Step 2: Personalize your video

Pippit displays the chosen media and property details in a video format after generating the video using the media uploaded in the previous step. You can select your video style and customize settings such as avatar, voice, ratio, language, and length.

In the video editor, you can customize the video reel by adjusting video clips, text overlays that highlight features, transitions, visual effects, and background music.

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Step 3: Save the video

When the video is ready, click “Export.” You can also publish the video reel directly to social media platforms like TikTok, Facebook, or Instagram, or save it for later use. This way, agents can promote their listings on multiple platforms without needing to edit the video again.

Creative reel ideas for real estate agents

Some creative reel ideas that can be employed by real estate agents include:

  1. Property walkthrough highlights

Short videos can be used to create quick transitions between rooms to show the overall layout of the property.

  1. Neighborhood lifestyle clips

Videos can be used to show the lifestyle that is offered by the property’s neighborhood.

  1. Transformation and staging reels

Videos can be used to show the transformation that is possible with the property.

  1. Quick feature showcases

Videos can be used to show the features that the property has.

These types of videos can be used to keep the content fresh and interesting while catering to the interests of different types of customers.

Building a recognizable real estate video style

A big part of the success of any real estate video marketing campaign is the element of familiarity that is built into it. This is because, over time, the audience becomes accustomed to the style and is able to recognize it as that of the real estate agent.

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By using the same style and type of video across multiple reels, the real estate agent is able to create a recognizable style that is associated with them.

Turning social media engagement into real buyers

Not only do engaging reels entertain, but they also inspire action. An engaging video on real estate can inspire potential buyers to learn more.

Adding a call to action in the video, such as asking the viewer to schedule a showing or visit the listing page, can also help convert potential buyers into actual buyers.

When engaging reels are informative, visually engaging, and easy to share, they can be great tools for attracting potential buyers.

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Sell homes faster with engaging reels powered by Pippit

The real estate market is a dynamic industry, and video content is one of the most effective tools for capturing the attention of potential buyers in the market. Scroll-stopping reels are great tools for connecting with potential buyers instantly.

Pippit is here to make it easier than ever to turn your property photos, clips, and details into engaging video reels, perfect for the modern social media landscape.

Ready to turn your real estate listings into engaging video reels that capture the attention of potential buyers? Try Pippit today and start creating engaging reels that can help your listings sell faster.

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