$EQT

A Yahoo Finance AlphaSpace market check said stocks rose early as a weak jobs report supported expectations the Federal Reserve will hold rates. The Nasdaq Composite (^IXIC) gained about 0.5%. The article highlights SpaceX (SPCX) remarks on Starlink targeting AT&T, Verizon and T-Mobile, and Musk comments on building 20 gigawatts of power, affecting telecom and power-related stocks, plus Nvidia (NVDA) after SpaceX chose Nvidia.

The article says energy stocks have risen on higher oil prices, electricity demand, and AI enthusiasm. It highlights Oklo (OKLO), a pre-revenue nuclear SMR developer, noting about $2.5B cash, no long-term debt, and first Aurora operation around 2028. It also covers EQT (EQT), citing Q2 output of 634 Bcfe and $330M free cash flow, plus raised guidance.

Elon Musk said SpaceX plans to tie AI hyperscaler ambitions to up to 20 gigawatts of power, cooling, and electrical infrastructure by end of next year, with 2 gigawatts of compute available now and up to 10 gigawatts online by then. Analysts at Melius called the power outlook a positive for equipment suppliers, citing recent order growth at GE Vernova and Baker Hughes.

Spear’s 2026 rankings highlight advisers for private equity and other alternative assets for UHNW investors. It cites McKinsey’s claim of over $1 trillion in 2025 private equity deal value and notes major firms’ AUM. It also discusses private credit liquidity concerns after Blue Owl Capital ended quarterly redemptions and EQT’s £2.7 billion purchase of Coller Capital.

EQT said it co-led a €1 billion ($1.15 billion) funding round for Finnish satellite startup ICEYE, via its newly launched Scaleup Europe Fund, according to EQT. The article notes the announcement came a day after EQT’s related update, but provides no further deal terms.

Energy stocks fell Tuesday after reports said Iran may allow Europe to clear mines in the Strait of Hormuz, pushing oil lower. The S&P 500 energy index fell 0.7%. Brent crude dropped 5.6% to $79.07/bbl and WTI fell 5.9% to $75.56/bbl. Diamondback, APA, Expand Energy and EQT fell 2% to 3.4%, while Exxon and Chevron declined about 1.3%.

EQT AB said it repurchased 582,510 of its own ordinary shares between 27 and 31 July 2026 on Nasdaq Stockholm via Skandinaviska Enskilda Banken AB. The buyback is part of a program announced 12 May 2026 to repurchase up to 4,368,899 shares for as much as SEK 2.5 billion, running 20 July to 4 September 2026.

EQT Infrastructure acquired Copia Power, a developer of power and digital infrastructure, from Carlyle. Terms were not disclosed. Copia Power builds gigawatt-scale campuses covering solar PV, energy storage, thermal generation and digital assets like data centers. BNP Paribas advises EQT and supports a $1 billion bridge loan. Closing is expected by end-2026, per EQT.

EQT Real Estate will acquire a portfolio of 14 logistics properties across the UK, Germany and France, committing €532 million, according to the company. EQT also completed the sale of Quantios to Vista Equity Partners. The deals are described as portfolio reshaping between European real assets and a technology exit.

EQT Corp reported quarterly results for the period ended Dec. 31, citing higher natural gas prices. According to EQT, its average realized gas price rose 14.3% year over year to $3.44 per Mcfe. Adjusted profit was 90 cents per share versus a 74 cents LSEG-compiled estimate. Sales volume increased to 608,994 MMcfe.