Cherry Hill Mortgage (CHMI) Misses Q2 Earnings Estimates

TPG Mortgage Investment Trust (MITT) will acquire Cherry Hill Mortgage Investment Corp (CHMI), expanding its residential mortgage platform. The combined portfolio would total about $9 billion. The deal is expected to deliver $7 million to $9 million in annual operating efficiencies. MITT shareholders would own about 73% and CHMI about 27%, with about 30% cash consideration, subject to approvals and a Q4 close.

Cherry Hill Mortgage Investment Corp (CHMI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ef20079832_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CHERRY HILL MORTGAGE INVESTMENT CORPORATION ANNOUNCES SECOND QUARTER 2026 RESULTS TINTON FALLS, NJ – August 10, 2026 — Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reporte

Reuters reports that Apollo Global, Blackstone and other Wall Street firms are working with Nvidia on a US$500 billion AI infrastructure financing venture, citing a source. The plan would fund chips, power and data centers. Nvidia shares fell over 3% intraday. Nvidia previously said it would raise US$25 billion via a U.S. bond issuance.

CNBC reports Nvidia is working with Apollo, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield, Goldman Sachs and KKR on a planned $500 billion financing push for AI infrastructure, citing an unnamed source. An announcement could come as soon as Monday, according to the report. The effort would help customers finance Nvidia GPUs and data centers, including power capacity needs.

Art's-Way Manufacturing Co. (Nasdaq:ARTW) said its Modular Buildings segment backlog rose to over $19.0 million after winning major modular building projects. The company cited a prior $1.3 million backlog in its May 31, 2026 10-Q. It expects fulfillment by end of fiscal 2027, subject to schedules and milestones, with margins generally consistent with historical performance.

Reuters reports that Apollo Global, Blackstone and other Wall Street firms are working with Nvidia on a $500 billion AI infrastructure financing package, citing a source. The plan would support chips, power and data centers. Nvidia shares fell more than 3% on the day. Nvidia previously said it would raise $25 billion via U.S. bond issuance.