Tag: Business
-
Entergy CEO pushes back on fears that AI data centers will drive up electricity bills
Entergy CEO Drew Marsh said data centers can be a win for local communities rather than a burden on residents.
-
Super Micro Computer to raise $7 billion in equity offerings to meet AI server demand
June 9 : Super Micro Computer said on Tuesday it would raise $7 billion through a series of equity and equity-linked financing transactions to fund the purchase of components needed to meet the growing demand for its advanced AI servers.The company said it will use the proceeds to fulfill orders worth about $
-
Prediction market Kalshi bets on compliance to address insider trading concerns
June 9 : Prediction market Kalshi said on Tuesday it will mandate employment disclosures for users trading on sensitive contracts and launch a whistleblower portal, steps aimed at aligning the platform with regulatory expectations for market integrity.The move by Kalshi marks a shift toward building instituti
-
SpaceX aims to launch orbital AI computing tests by end of next year, sources say
NEW YORK, June 9 : SpaceX executives say the company is aiming to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027, ahead of the “as early as 2028” timeline for deployment disclosed in its IPO filing, according to two people who attended investor presentation
-
Jim Cramer says tech stocks are losing the qualities that made them the leaders of the rally
CNBC’s Jim Cramer said tech stocks are losing key traits that fueled their leadership since 2023.
-
Super Micro stock tumbles on $7 billion financing plans as company touts AI server orders
Super Micro is the latest company tied to the AI boom to announce that it’s tapping the capital markets.
-
Dubai is training its private sector in agentic AI – here’s why
Dubai bets on agentic AI, aiming to overhaul half of public services and mobilise the private sector with training, incubators and investment funds.
-
Equities fall while oil slips amid uncertain Middle East outlook
NEW YORK/LONDON, June 9 : MSCI’s global equities gauge managed a small gain on Tuesday with little support from Wall Street where heavyweight technology stocks stumbled while investors opted for safer bets, and oil prices settled lower as updates from the Middle East brought little clarity on progress toward peace.
-
Musk’s xAI, SpaceX hit with class action over data center ‘nuisance’
WASHINGTON, June 9 : Elon Musk’s xAI and SpaceX have been sued by Mississippi residents who say a power plant fueling nearby data centers is blasting “omnipresent and inescapable” noise that has eroded their health and home values.The lawsuit, made public on Tuesday in federal court in Oxford, Mississi
-
US tech shares resume sell-off while oil prices retreat
Global stocks mostly fell Tuesday (Jun 9) as US tech shares faced another round of selling followed recent outsized gains and markets weighed the latest uptick in US-Iran tensions.Oil prices retreated, with
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
