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Corvex reported $3.8 million in second-quarter 2026 revenue, its first full reporting period including the AI cloud computing business acquired through its March merger with Corvex Legacy Holdings. Company leaders said the quarter's reported revenue reflected the amount of computing capacity that was live and generating revenue during the period, rather than the full level of signed customer commitments.
Contracted annualized recurring revenue on live compute is approximately $22 million as of August 14, 2026 ARLINGTON, Va., Aug. 14, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today reported financial results for the second quarter ended June 30, 2026.
ARLINGTON, Va., Aug. 12, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that it will hold its second quarter 2026 earnings call on Friday, August 14, 2026 at 4:30 p.m.
Since going public nearly five years ago, Universal Music Group has traded at a valuation befitting a high-quality compounder with a median forward price-to-earnings multiple of almost 25 times — a huge 50% premium to the equal-weighted S&P 500, per FactSet. And indeed, UMG has many of the attributes of a great business: dominant market share, sustainable competitive advantages, annuity-like recurring revenue, above average organic growth, high returns on invested capital, and an inherently stable business model.
Movano Inc. (NASDAQ: MOVE - Get Free Report) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $15.54 and traded as high as $18.89. Movano shares last traded at $13.73, with a volume of 7,377,695 shares. More Movano News Here are the key news stories impacting
Expansion Funded Without Issuing Additional Equity High-Density, Liquid-Cooled Capacity Commissioned in Approximately Two Weeks Inside an Existing Air-Cooled Facility ARLINGTON, Va., Aug. 4, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that it has signed a multi-year agreement to provide clusters of NVIDIA Blackwell GPUs connected with NVIDIA Quantum-2 InfiniBand networking to a leading AI company.
Former Crusoe leader brings 25 years of experience across HPC architecture, GPU infrastructure, and site operations ARLINGTON, Va., July 15, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced the appointment of Michael Craig as Vice President of Architecture and Site Operations.
Company Disposes of Legacy Movano Assets; Shareholders Elect Three New Directors; Approve Conversion of Series C and Series D Preferred Stock; Chance Moreland Joins as CFO ARLINGTON, Va., July 1, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced the results of its 2026 Annual Meeting of Stockholders, held virtually.