S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Workhorse Shares Surge on AI Data Center Deal with Rhaelm Holdings

Shares of Workhorse Group climbed 24% to $3.17 in after-hours trading following a new agreement to build a manufacturing spec unit for Rhaelm Holdings. The U.K.-based infrastructure developer plans to utilize the TerraPod platform, Workhorse’s specialized system designed for vertically integrated AI operations.

Workhorse Shares Surge on AI Data Center Deal with Rhaelm Holdings

The TerraPod platform integrates liquid-to-liquid cooling, isolated server racks, and battery backup systems to support high-density computing. Beyond the initial spec unit, the companies are negotiating a broader supply agreement that includes a potential order for 150 units, with a target execution date of December 31.

Should the deal proceed, Workhorse intends to become a primary modular data center provider for the Rhaelm blueprint collaboration, pending final approval from consortium partners. The after-hours session saw significant investor interest, with trading volume exceeding 4.78 million shares.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!