24/7 Market News: TEN Holdings Powers Up with SaaS Pivot

TEN Holdings, Inc. (XHLD) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 TEN Holdings Reports Second Quarter 2026 Financial Results LANGHORNE, Pa., August 10, 2026 TEN Holdings, Inc. (Nasdaq: XHLD), through its subsidiary, Ten Events, Inc. (“Ten Events” or the “Company”), an event technology company powering v

A Chicago jury awarded $29m to the family of Naoise Connolly Ryan, widow of UN employee Micheál “Mick” Ryan, who died in the 2019 Boeing 737 MAX crash. The civil suit was filed against Boeing. Boeing has apologized and said anti-stall software was implicated. The case is among remaining MAX civil suits.

B. Riley Securities reiterated a Buy rating and $28 price target for Riot Platforms (RIOT), citing a 20-year Rockdale, Texas AI data center lease. The initial 191 MW lease is expected to generate about $9.1 billion in contract revenue through June 2048. Riot reported Q2 revenue of $174.2 million (+14% YoY) and expects MW to come online from Dec 2027 to June 2028.

NextEra Energy (NEE) said it reached agreements with the U.S. Department of Commerce and the Japanese government to fund development and operation of up to 10 GW of natural gas generation in Texas and Pennsylvania, according to the company. The post-market update outlines the parties involved and the project scale.

KBW maintained an Outperform rating on Riot Platforms (RIOT) and a $35 price target after Riot disclosed a non-binding letter of intent for a single tenant to lease all 756 MW of planned critical IT capacity at its Corsicana, Texas site. Riot said a full-site lease could generate over $1B annual rent, and it expects the LOI to be prioritized for 2026 execution.

Australia will provide A$2.5 billion ($1.76 billion) to support Rio Tinto’s Tomago aluminum smelter beyond 2028, funding 3 GW of new electricity generation. Tomago will invest at least A$1.1 billion, including A$100 million for decarbonisation. Rio said it will shift to renewable power by 2033. Rio holds 51.55%, with Gove Aluminum and Norsk Hydro also invested.