La cadena de opciones muestra datos clave de las opciones de acciones de Cheetah Net Supply Chain a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Cheetah Net Supply Chain..

Cheetah Net Supply Chain (NASDAQ:CTNT) Bolsa, Cadena de Opciones

Cheetah Net Supply Chain

Cheetah Net Supply Chain Service Inc is a one-stop services including Warehousing, Logistics, International trading & Supply Chain Finance, Etc. It operate in single segment Logistics and warehousing services which focuses on providing freight forwarding services for clients shipping goods from the U.S. to mainland China or Hong Kong. Its services include: (i) cargo storage, (ii) freight forwarding, (iii) U.S. customs clearance, and (iv) labor services and cargo loading and unloading.

TD Cowen analyst Lance Vitanza maintains Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) with a Buy and raises the price target from $590 to $680.

News

Price Target

Analyst Ratings

MSTR

TD Cowen Maintains Buy on Strategy, Raises Price Target to $680

Piper Sandler analyst Derek Podhaizer initiates coverage on Select Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTTR#NYSE">WTTR</a>) with a Overweight rating and announces Price Target of $15.

Initiation

WTTR

Piper Sandler Initiates Coverage On Select Water Solutions with Overweight Rating, Announces Price Target of $15

Earnings

Wells Fargo Q2 Net Interest Income Decreased 2% YoY; Consumer, Small And Business Banking Rose 3%

CORRECTION: JPMorgan Chase Q2 AUM $4.3 Trillion +18% YoY, Client Assets $6.4 Trillion +19% YoY, Average Loans +5%, Average Deposits +6%

Student‑loan expert Elaine Rubin warns the 7.7 million borrowers still enrolled in former President Joe Biden's stalled Saving on a Valuable Education plan have "a short window" to act before interest starts piling on their accounts again on August 1.
What Happened: The Education Department announced on July  9 that the interest‑free forbearance shielding SAVE borrowers <a href="https://www.benzinga.com/news/education/25/07/46336587/trump-administration-ends-interest-freeze-linda-mcmohan-says-biden-used-student-loan-forgiveness-to-win-votes">will expire</a> because the courts and the Trump administration say the plan exceeds federal authority.
Officials called the zero‑percent pause an illegal Biden giveaway and told borrowers to pick a new repayment option immediately.
"There is a short window before interest begins to accrue again … borrowers need to decide their next steps," <a href="https://www.cnbc.com/2025/07/14/trump-student-loan-save-forbearance.html">said</a> Rubin to CNBC, director of corporate communications at Edvisors, which counsels families on college costs.
Biden unveiled SAVE in 2023, touting it as the "most affordable plan ever," but Republican‑led states sued, and an appeals court <a href="https://www.benzinga.com/government/24/07/39849095/appeals-court-blocks-bidens-save-student-loan-debt-relief-plan">blocked its key features</a> last year. The administration responded by freezing payments and interest and that relief ends in less than three weeks.
See Also: <a href="https://www.benzinga.com/markets/tech/25/07/46410520/elon-musks-tesla-once-built-cars-in-a-tent-to-meet-production-goals-now-mark-zuckerberg-is-channeling-his-nemesis-as-meta-builds-ai-data-centers-in-tents">Elon Musk&#8217;s Tesla Once Built Cars In A Tent To Meet Production Goals: Now, Mark Zuckerberg Is Channeling His Nemesis As Meta Builds AI Data Centers In Tents</a>
Why It Matters: Education Secretary Linda McMahon said resuming interest restores "fiscal responsibility" and urged borrowers to switch to the long‑standing Income‑Based Repayment plan until a new Repayment Assistance Plan (RAP) debuts in 2026. <a href="https://www.benzinga.com/news/25/05/45601752/trumps-big-beautiful-bill-passes-house-taxes-student-loans-medicaid-and-what-else-is-changing-for-am">RAP is part</a> of Trump's sweeping "One Big Beautiful Bill," which also caps graduate borrowing and scraps most other income‑driven programs.
Analysts say the about‑face could raise monthly bills by $100 to $200 for many SAVE users and swell balances by an average $3,500 a year. Servicers already face a 2 million‑application <a href="https://protectborrowers.org/new-court-filing-reveals-backlog-of-2-million-borrower-payment-plan-applications/">backlog</a>, meaning some borrowers may not land in a new plan before charges restart.
Rubin urges borrowers to log in to StudentAid.gov's loan simulator, compare costs under IBR, and set up auto‑pay to avoid missed‑payment fees once interest resumes. "Waiting until July 31 is too late," she said.
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/07/46410556/trump-admin-pours-1-billion-into-cyber-warfare-capabilities-while-slashing-us-cybersecurity-defenses">Trump Admin Pours $1 Billion Into Cyber Warfare Capabilities — While Slashing US Cybersecurity Defenses</a></li>
</ul>
Image Via Shutterstock

Education

General

Biden's SAVE Plan Crumbles As Trump Team Ends Relief: 'Short Window' Before Interest Hits 7.7 Million Borrowers, Expert Warns

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fspire.com%2F&amp;esheet=54290179&amp;newsitemid=20250715303922&amp;lan=en-US&amp;anchor=Spire+Global%2C+Inc.&amp;index=1&amp;md5=c232624093783619e59ade13a6f4359b">Spire Global, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, was awarded a $1.2 million, two-month task order extension modification from NASA to continue participation in its <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fearthdata.nasa.gov%2Fesds%2Fcsdap&amp;esheet=54290179&amp;newsitemid=20250715303922&amp;lan=en-US&amp;anchor=Commercial+Satellite+Data+Acquisition+%28CSDA%29+Program&amp;index=2&amp;md5=9753772b88fefcb17d536480ef1f450c">Commercial Satellite Data Acquisition (CSDA) Program</a>. The award is an extension to a $6.7 million, 12-month task order awarded in August 2024.
Under the task order, Spire will continue to deliver its comprehensive Earth observation data, including GNSS radio occultation, GNSS Reflectometry, and space weather measurements. As one of the original vendors for the CSDA Program, Spire has provided Earth observation data to NASA's CSDA Program since 2018.
Spire's data will support U.S. government-funded research with the objective of enhancing global weather forecasting, atmospheric profiling, and climate research.

SPIR

Spire Global Bags $1.2M, Two-Month Task Order Extension Modification From NASA To Continue Participation In Commercial Satellite Data Acquisition Program

Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) reported quarterly earnings of $1.60 per share which beat the analyst consensus estimate of $1.40 by 13.96 percent. This is a 20.3 percent increase over earnings of $1.33 per share from the same period last year. The company reported quarterly sales of $20.822 billion which beat the analyst consensus estimate of $20.781 billion by 0.20 percent. This is a 0.64 percent increase over sales of $20.689 billion the same period last year.

Earnings Beats

Wells Fargo Q2 EPS $1.60 Beats $1.40 Estimate, Sales $20.822B Beat $20.781B Estimate

Needham analyst Charles Shi maintains Synopsys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) with a Buy and raises the price target from $650 to $660.

SNPS

Needham Maintains Buy on Synopsys, Raises Price Target to $660

Keybanc analyst Scott Schoenhaus downgrades Simulations Plus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLP#NASDAQ">SLP</a>) from Overweight to Sector Weight.

Downgrades

Keybanc Downgrades Simulations Plus to Sector Weight

JPMorgan Chase CEO Jamie Dimon: "The U.S. economy remained resilient in the quarter. The finalization of tax reform and potential deregulation are positive for the economic outlook, however, significant risks persist – including from tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices. As always, we hope for the best but prepare the Firm for a wide range of scenarios."

JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) reported quarterly earnings of $4.96 per share which beat the analyst consensus estimate of $4.48 by 10.71 percent. This is a 12.73 percent increase over earnings of $4.40 per share from the same period last year. The company reported quarterly sales of $45.680 billion which beat the analyst consensus estimate of $44.167 billion by 3.42 percent. This is a 10.42 percent decrease over sales of $50.992 billion the same period last year.

JPMorgan Chase Q2 Adj. EPS $4.96 Beats $4.48 Estimate, Sales $45.680B Beat $44.167B Estimate

<a href="https://www.semafor.com/article/07/15/2025/trump-touts-investments-at-tech-summit" title="https://www.semafor.com/article/07/15/2025/trump-touts-investments-at-tech-summit">https://www.semafor.com/article/07/15/2025/trump-touts-investments-at-tech-summit</a>

Tech

GOOG

GOOGL

Semafor: Google To Invest $25B In Data Centers Across Pennsylvania And Neighboring States Over Next Two Years, Is Signing $3B, 20-Year Deal With Brookfield To Upgrade Two Hydroelectric Power Plants

AI cloud-computing startup CoreWeave (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) surged on Tuesday after it <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/b46409849/coreweave-announces-multi-billion-dollar-commitment-to-ai-infrastructure-in-pennsylvania" rel="noreferrer noopener">announced plans to</a> invest up to $6 billion in building a state-of-the-art AI data center in Lancaster, Pennsylvania. The center is designed to support advanced AI applications and strengthen U.S. global competitiveness.
Initially sized at 100 megawatts and expandable to 300 MW, the facility will be one of the region&#8217;s first large-scale AI centers and part of CoreWeave&#8217;s broader U.S. network of 33 data centers.
The company will unveil the project at a CEO roundtable with President Donald Trump during Senator Dave McCormick&#8217;s Energy and Innovation Summit at Carnegie Mellon University. 
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/07/46306575/why-coreweaves-9-billion-deal-isnt-about-chips" rel="noreferrer noopener">Why CoreWeave&#8217;s $9 Billion Deal Isn&#8217;t About Chips</a>
The event brings together leaders like Governor Josh Shapiro and Senator John Fetterman to discuss how emerging technologies, including AI, can drive national innovation, economic growth, and security.
CoreWeave CEO Michael Intrator emphasized the growing demand for AI compute and said this project would help accelerate innovation while creating high-impact jobs. The data center will generate 600 skilled jobs and scale to 175 permanent roles, with each job expected to spur more local employment.
CoreWeave will operate the center in partnership with Chirisa Technology Parks and Machine Investment Group, which will help lead hiring and community engagement efforts. The project reinforces CoreWeave&#8217;s commitment to scaling next-generation infrastructure in key economic regions like the Mid-Atlantic.
CoreWeave earns revenue by leasing its high-performance GPU infrastructure to businesses and AI developers for tasks like model training and complex computing. The company secures income through multi-year, upfront contracts in which customers pay for extended access to its AI-optimized cloud platform.
CoreWeave stock has gained 225% since <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/initiation/25/06/46097418/coreweave-ipo-was-fantastic-entry-point-but-stock-now-a-little-overheated" rel="noreferrer noopener">its March IPO</a>. However, it has declined by over 23% in the last 30 days.
Since May, at least six Wall Street firms (including DA Davidson, Barclays, and Bank of America Securities) have <a href="https://www.benzinga.com/quote/CRWV/analyst-ratings" target="_blank" rel="noreferrer noopener">downgraded the stock&#8217;s rating</a>. In July, at least three firms, including Mizuho, Stifel, and Needham, also downgraded their ratings on the stock, <a href="https://www.benzinga.com/analyst-stock-ratings/downgrades/25/07/46347218/coreweave-grabs-core-scientific-yet-rising-expenses-fuel-doubt" target="_blank" rel="noreferrer noopener">citing concerns over</a> rising capital expenditures tied to its $9 billion all-stock acquisition of Core Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>).
Price Action: CoreWeave stock traded higher by 8.56% to $143.70 premarket at last check Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/07/46397924/lucid-stock-sinks-in-2025-whats-driving-the-decline" target="_blank" rel="noreferrer noopener">Lucid Stock Sinks In 2025: What&#8217;s Driving The Decline?</a></li>
</ul>
Image via Shutterstock

Movers

Core Scientific, Inc. - Class A Common Stock

CORZ

CRWV

CoreWeave Commits $6 Billion To US AI Infrastructure In Lancaster

Fiscal Year 2026 Financial Guidance
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Guidance Metric</td>
<td colspan="1" rowspan="1">
Current Guidance
(As of July 15, 2025)
</td>
<td colspan="1" rowspan="1">Tariff Guidance Impact</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net Sales</td>
<td colspan="1" rowspan="1">$305 - $310 million</td>
<td colspan="1" rowspan="1">Limited Impact</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Med Tech Net Sales Growth</td>
<td colspan="1" rowspan="1">12% - 15%</td>
<td colspan="1" rowspan="1">Limited Impact</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Med Device Net Sales Growth</td>
<td colspan="1" rowspan="1">Flat</td>
<td colspan="1" rowspan="1">Limited Impact</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Gross Margin</td>
<td colspan="1" rowspan="1">53.5% - 55.5%</td>
<td colspan="1" rowspan="1">Absent Tariffs: 55.0% - 56.0%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Pro Forma Adjusted EBITDA</td>
<td colspan="1" rowspan="1">$3.0 - $8.0 million</td>
<td colspan="1" rowspan="1">Absent Tariffs: $7.5M - $10.5M</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EPS</td>
<td colspan="1" rowspan="1">($0.35) - ($0.25)</td>
<td colspan="1" rowspan="1">Absent Tariffs: ($0.30) – ($0.25)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Free Cash Flow</td>
<td colspan="1" rowspan="1">Positive for Full Year FY2026</td>
<td colspan="1" rowspan="1">Absent Tariffs: Up to +$5M</td>
</tr>
</tbody>
</table>
</figure>
Tariff Related Guidance Assumptions
For the full fiscal year 2026, the company expects a $4.0 - $6.0 million impact from tariffs. For gross margin, pro forma adjusted EBITDA, and adjusted EPS, the low end of the respective ranges assumes the highest level of tariff impact, with the high end of the respective ranges assuming the lowest level of tariff impact.

Guidance

ANGO

AngioDynamics Sees FY2026 Adj EPS $(0.35)-$(0.25) vs $(0.23) Est; Sees Sales $305M-$310M vs $304.858M Est

ITT's Svanehøj Wins Contract To Supply Deepwell Pumps For Next-Gen Ultra Large Ethane Carriers, Marking First Entry Into ULEC Segment

BNY Avg. Deposits $300B, Up 5% YoY

Despite Apple Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) recent management overhaul, CEO&nbsp;Tim Cook&nbsp;is facing mounting criticism from analysts over his leadership and the company&#8217;s innovation strategy.
What Happened: Craig Moffett of MoffettNathanson, who is one of the few analysts with a Sell recommendation on Apple stock, acknowledges Cook&#8217;s successful tenure but questions the lack of major new products under his leadership, <a href="https://fortune.com/2025/07/12/apple-ceo-tim-cook-leadership-stock-outlook-ai-strategy/">Fortune</a> reported.
Check out the current price of&nbsp;<a href="https://benzinga.com/quote/aapl" target="_blank" rel="noreferrer noopener">AAPL stock here</a>.
&#8220;They&nbsp;haven't produced a major new&nbsp;product outside of possibly the&nbsp;earbuds in a decade,&#8221; Moffett said. &#8220;Apple&nbsp;has done far more to&nbsp;innovate process than it has&nbsp;product over Tim Cook's tenure.&#8221;
Moffett&#8217;s comments reflect a growing unease among investors about Apple&#8217;s ability to deliver transformative products under Cook&#8217;s leadership.
&#8220;Apple is unprepared for something that transformational,&#8221; stated Moffett.
While Cook&#8217;s record is undeniable, Moffett noted that the company&#8217;s success has largely been due to &#8220;exquisitely executing strategies and manufacturing&nbsp;products that were set in&nbsp;motion years before.&#8221;
SEE ALSO:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46377385/bitcoin-ethereum-xrp-dogecoin-extend-rally-as-btc-eyes-120000" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, XRP, Dogecoin Extend Rally As BTC Eyes $120,000 &#8211; Benzinga</a>
Why It Matters: Earlier in the month, analysts suggested that Apple may benefit from a&nbsp;new CEO focused on<a href="https://www.benzinga.com/markets/tech/25/07/46337313/apple-needs-product-focused-ceo-say-analysts-as-tim-cook-faces-heat-over-ai-failures-and-innovation-slump"> product innovation</a>, particularly in the field of artificial intelligence (AI). This suggestion followed the impending departure of Apple&#8217;s Chief Operating Officer,&nbsp;Jeff Williams.
This scrutiny comes at a time when Apple is undergoing a <a href="https://www.benzinga.com/news/25/07/46407162/apple-undergoing-major-management-overhaul-but-ceo-tim-cook-to-stay-on">significant management</a> reshuffle. Despite the company&#8217;s recent crisis and the departure of key executives, Cook remains at the helm.
Besides failure to innovate, Tim Cook has been a target of President Donald Trump&#8216;s criticism due to his inability to shift iPhone production back to the U.S. White House trade advisor Peter Navarro recently expressed his dissatisfaction with Cook&#8217;s slow <a href="https://www.benzinga.com/markets/tech/25/07/46313502/peter-navarro-slams-apple-ceo-tim-cook-over-slow-production-shift-out-of-china-despite-buying-time-since-trumps-first-term-longest-running-soap-opera-in-silicon-valley">production shift</a> out of China. Navarro labeled this as the &#8220;longest-running soap opera in Silicon Valley.&#8221;
Despite these criticisms, Apple&#8217;s stock has remained relatively stable. However, the ongoing concerns about the company&#8217;s innovation and leadership could potentially impact its future performance.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="120" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15061558/image-166.png" alt="" class="wp-image-985595" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15061558/image-166.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/15061558/image-166-300x48.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Apple offers poor Momentum and Value, while scoring well on the Quality metric as per&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s Proprietary Edge Rankings.&nbsp;</a>
READ MORE:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46408440/apples-ai-strategy-costs-630-billion-in-market-cap-investors-want-the-company-to-look-at-acquisitions">Apple&#8217;s AI Strategy Costs $630 Billion in Market Cap: Investors Want The Company To Look At Acquisitions </a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

Analyst With Sell Rating On AAPL Stock Warns Tim Cook's Company 'Is Unprepared For Something That Transformational'

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) supplier Foxconn is set to enter the Japanese market with the company's bespoke EV buses, thanks to subsidies offered by the Taiwanese government.
What Happened: Purchasing and operating EVs certified by the government is eligible for receiving over $181,000 in subsidies, almost half the value of an EV bus, Nikkei Asia reported <a href="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/Foxconn-EV-buses-set-to-enter-Japan-on-back-of-Taiwan-subsidies">on</a> Tuesday.
Foxconn's Model T bus is one of 6 eligible EV buses to receive the subsidies. The Model T offers a range of over 249 miles (400 kilometers) on a single charge, the report suggests.
The company plans to launch the Model T as well as the Model U microbus in Japan by 2027, supplying parts to Mitsubishi Fuso Truck and Bus Corporation, the report suggests.
Why It Matters: The news comes as Foxconn had earlier <a href="https://www.benzinga.com/25/05/45667851/apple-supplier-foxconn-set-to-announce-second-japanese-auto-partner-as-it-turns-to-evs">signed an MoU</a> or Memorandum of Understanding with Japan's Mitsubishi Motors to jointly develop an EV.
Other Chinese companies are also bolstering their presence, with Chinese EV giant BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) expanding its <a href="https://www.benzinga.com/markets/25/05/45560953/byds-europe-pivot-in-full-swing-with-new-26000-affordable-ev-amid-tesla-sal">footprint in Europe</a>. BYD also launched the <a href="https://www.benzinga.com/markets/tech/25/07/46187880/tesla-rival-byd-launches-11000-long-range-trim-of-its-best-selling-seagull-ev-as-price-war-heats-up">long-range version</a> of its best-selling Seagull EV for $11,000 in China.
Elsewhere, Xiaomi Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) CEO Lei Jun also shared that the company plans to expand its presence <a href="https://www.benzinga.com/markets/asia/25/07/46241878/tesla-rival-xiaomi-wants-to-sell-cars-internationally-starting-2027-ceo-lei-jun-says">in other markets</a> and sell its cars internationally.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/07/46215206/tesla-rival-byd-reports-2025s-best-selling-month-in-june-amid-exports-surge">Tesla Rival BYD Reports 2025's Best-Selling Month In June Amid Exports Surge</a></li>
</ul>
Image Via Shutterstock

BYDDF

BYDDY

XIACF

XIACY

Apple Supplier Foxconn To Enter Japanese Market With EV Buses Backed By Taiwan Subsidies

CSTM

Constellium Advances Smart Aluminum Auto Structures With ARENA2036, Unveils Modular Sill Concept And FlexCAR Project Completion

The World's Largest Framework Agreement for the Purchase of Hydroelectricity
Over $3 Billion of Contracts Signed Today for 670 MW Holtwood and Safe Harbor&nbsp;Facilities in Pennsylvania
NEW YORK and PITTSBURGH, July 15, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAM#NYSE">BAM</a>, TSX:<a class="ticker" href="https://www.benzinga.com/stock/BAM#TSX">BAM</a>), together with Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>, BEPC, TSX:<a class="ticker" href="https://www.benzinga.com/stock/BEP#TSX">BEP</a>, BEPC))) ("Brookfield") and Google today announced a first-of-its-kind Hydro Framework Agreement ("HFA") to deliver up to 3,000 megawatts (MW) of carbon-free hydroelectric capacity across the United States – the world's largest corporate clean power deal for hydroelectricity.
The first contracts executed under the HFA are for Brookfield's Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania, representing more than $3 billion of power and 670 MW of capacity.
The HFA represents a significant step forward in Brookfield's strategy to deliver flexible, dispatchable clean energy solutions to the technology sector and supports Google's ambition to power its operations with 24/7 carbon-free energy.
Under the HFA, Google has the ability to procure carbon-free electricity from up to 3,000 MWs of hydroelectric assets that will be relicensed, overhauled, or upgraded to extend the asset's useful life and continue adding power to the grid. The first contracted assets consist of hydroelectric facilities in Pennsylvania that Brookfield is relicensing. Brookfield and Google will initially focus in the mid-Atlantic (PJM) and mid-continent (MISO) electricity markets, with the flexibility to expand into other U.S. regions.
The 20-year Power Purchase Agreements ("PPAs") for Brookfield's Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania will support Google's operations across PJM. The transaction structure allows Brookfield to maintain existing commitments to power consumers such as Amtrak from the Safe Harbor facility.

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