Category: Specialized & Regional
Specialized & Regional Networks
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PG&E CEO calls on California to pass wildfire reform after the shelved effort crushed the stock
PG&E CEO Patti Poppe said she’s hopeful California lawmakers can revive wildfire liability reform after a failed proposal sent the utility’s shares tumbling.
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Jim Cramer says investors aren’t ditching tech — they just want cheaper stocks
CNBC’s Jim Cramer said investors aren’t abandoning AI or technology stocks — they’re rotating out of high-multiple names and into cheaper stocks.
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How Equinix has found a niche in the multitrillion-dollar AI data center boom
Nvidia announced a new data center deal with Equinix and Together AI on Wednesday to help enterprise customers with open-model inference.
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Medvedev, Pegula, Shelton advance as rain disrupts US Open schedule
NEW YORK, Sept 2 : Daniil Medvedev flew into the third round after an avian disruption at the U.S. Open on Wednesday, as American Jessica Pegula crushed compatriot Sofia Kenin and Ben Shelton overcame Hubert Hurkacz on another rainswept day.Medvedev, the 2021 winner, beat U.S. wildcard Sebastian Gorzny 6-1 6
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Exclusive-Private equity firms Carlyle, Bain, Oaktree readying bids for Serie A international media unit, sources say
MILAN, Sept 2 : Carlyle and Bain are among private equity funds preparing to bid for a minority stake in a company holding the international media rights of Serie A, three sources familiar with the matter told Reuters, in the latest attempt from Italy’s top-flight soccer league to bring in outside investors.
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Thoma Bravo explores $2 billion-plus sale of Foundation Software, sources say
NEW YORK, Sept 2 : Thoma Bravo is exploring a sale of Foundation Software that could value the construction software company at more than $2 billion, according to people familiar with the matter.The company is working with investment bankers at William Blair on the process, which has attracted interest from b
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HPE raises forecasts on AI demand, shares fall on supply concerns
Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.However, the company’s shares slipped more than 3 per cent in extended
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Microsoft reveals Azure cloud sales in financial reporting shift
SAN FRANCISCO, Sept 2 : Microsoft on Wednesday reported sales from its Azure cloud computing unit on a quarterly basis for the first time, providing a direct comparison to its top rivals Amazon.com and Alphabet’s Google as the three compete in the computing market amid an AI data center boom.Microsoft said t
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Home crowd powers Shelton past Hurkacz in US Open second round
NEW YORK, Sept 2 : Ben Shelton survived a tough test from Poland’s Hubert Hurkacz 6-3 5-7 7-6(3) 7-5 on Wednesday to reach the U.S. Open third round, relying on the deafening cheers of the partisan American crowd to power him through.The eighth seed, bidding to end a 23-year U.S. men’s major title drought,
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US Justice Department pursuing hackers behind attack on X users
Sept 2 : The U.S. Justice Department is working with Elon Musk’s X to track down those behind an attempted password-recovery attack targeting hundreds of thousands of users of the social media platform this week, U.S. Attorney General Todd Blanche said on Wednesday.A password-recovery attack generally refers
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