Tag: billion
-
TE Connectivity projects upbeat quarterly results, to buy Astrodyne for $1.4 billion
July 22 : Electronic equipment maker TE Connectivity on Wednesday forecast fourth-quarter profit and revenue above Wall Street expectations, betting on a boom in demand for its AI-related tools and products.Growing demand for AI-related tools and products has boosted investments in data centers and network eq
-
Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports
July 22 : South Korea’s Samsung is in talks to invest hundreds of millions of euros in the AI start-up Mistral, as part of a fundraising round that could value the group at roughly €20 billion ($22.81 billion), Financial Times reported on Wednesday, citing sources. Samsung could invest about €1 billion in
-
Analysis:AI investment boom puts Big Tech’s free cash flow under pressure
July 22 : U.S. hyperscalers are starting to show returns on their artificial intelligence investments, but the rising cost of the buildout is taking a bite out of their free cash flow, and investors are noticing.At their current trajectory, the so-called “hyperscalers” – Microsoft, Alphabet, Amazon, Meta Plat
-
Hegseth says Iran war has cost $37.5 billion so far
US Pentagon chief Pete Hegseth is also pushing for more funding for the war. It comes as the US military is striking Iran for the 11th consecutive night. DW has the latest.
-
Super Micro sees strong margins, books $60 billion in orders; shares jump
July 21 : Super Micro Computer said on Tuesday it had secured more than $60 billion in new orders in the fourth quarter, and now expects gross margin to exceed its previous forecast, sending its shares surging 17.5 per cent in extended trading.Artificial-intelligence infrastructure firms have seen demand acce
-
Super Micro expects stronger quarterly margins, shares jump
July 21 : Super Micro Computer said on Tuesday it expects to post fourth-quarter gross margins above its previous forecast, driving its shares up 16 per cent in after-hours trading.AI infrastructure firms have seen accelerated demand as tech companies and cloud providers ramp up investments in data centers to
-
BlackRock-backed group commits $5 billion for Aligned Data Centers after completing acquisition
July 21 : A consortium backed by BlackRock and Abu Dhabi-based fund MGX said on Tuesday it has committed an additional $5 billion in growth capital to Aligned Data Centers after closing its $40 billion acquisition of one of the world’s biggest data center operators.The investor group agreed last year to buy A
-
Hasbro raises annual forecasts on digital gaming demand, ‘Magic’ boost
July 21 : Hasbro raised its annual revenue and profit forecasts on Tuesday, betting on resilient demand for its digital gaming business and continued strength in “Magic: The Gathering” despite an uncertain consumer spending environment.Shares of the “Dungeons & Dragons” maker were up about 2 per cent in prema
-
BlackRock-backed group commits $5 billion for Aligned Data Centers
July 21 : A group backed by BlackRock and Abu Dhabi-based fund MGX on Tuesday committed an additional $5 billion in growth capital to Aligned Data Centers, after acquiring one of the world’s biggest data center operators.
-
Prysmian signs €5.5 billion Molex deal in data center push
ROME, July 20 : Italian cable maker Prysmian has signed a long-term agreement worth up to €5.5 billion ($6.4 billion) with Molex, an electronics company owned by U.S. group Koch, to supply fibre optic cables for data centers.• The deal of up to 10 years includes a €550 million upfront payment, Prysmian
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Business Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany Investment strategy iran Iran war markets news People per politics return russia said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World world cup World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
