data centers

Amazon.com, Inc. (NASDAQ:AMZN) paid more than $100 million for two parcels of land for two data centers in Ohio's Fayette County. Amazon Data Services Inc. bought 243 acres of land for $60.2 million and another 346 acres for nearly $42.2 million, according to a Tuesday Columbus Dispatch report....

Microsoft Corp (NASDAQ:MSFT) is committed to restoring parts of Brazil’s Amazon and Atlantic forests for carbon credits. The company told the Financial Times it inked a deal to buy 3.5 million credits over two years from Brazil startup Re.green. The deal could be worth approximately $200...

Applied Digital Corp. (NASDAQ:APLD) reported fiscal second-quarter financial results after the market close on Tuesday. Here’s a look at the key details from the quarter. Q2 Earnings: Applied Digital reported second-quarter revenue of $63.9 million, beating analyst estimates of $63.4 million...

Applied Digital Corporation (NASDAQ:APLD) shares are trading higher Tuesday after the company secured a significant $5 billion financing agreement with Macquarie Asset Management to fund the growth of its high-performance computing (HPC) data centers. What To Know: The deal will involve MAM...

GDS Holdings Limited (NASDAQ:GDS) are trading higher Friday amid continued interest sparked by reports that the company is evaluating an initial public offering (IPO) for its data center assets in China. What To Know: Sources familiar with the matter, who requested anonymity due to the private...

Micron Technology Inc (NASDAQ:MU) analysts lowered near-term price targets on Thursday following the company’s first-quarter earnings results. Despite the disappointing quarter, analysts generally remain optimistic for the long term, especially in the High-Bandwidth Memory market. Micron Q1...

Nvidia Corp (NASDAQ:NVDA) is rewriting the rules of AI infrastructure with its Blackwell GPUs, driving a major shift toward liquid cooling in data centers. With cooling challenges resolved, Nvidia is set to ramp up production of liquid-cooled GB200 server racks in Q1 2025, marking a pivotal moment...

Bernard Looney, former CEO of oil and gas giant BP plc, said on Sunday he will join AI data center start-up, Prometheus Hyperscale, as the chairman of the board of directors.  The Details: Looney resigned from his position at BP last year after an investigation revealed he had not properly...

Bloom Energy Corp (NYSE:BE) announced a 1 GW fuel cell supply deal with American Electric Power Company Inc (NASDAQ:AEP), which sent its stock soaring in early trading on Friday. The deal is "proof of concept" that the company's product can power large-scale data centers, according to Piper Sandler...

Once sidelined in favor of renewable sources, Goldman Sachs analysts suggest we are in the “early stages of nuclear renaissance in the U.S.” Growing support from governments and major investments from tech giants like Microsoft Corp. (NYSE:MSFT), Amazon.com Inc (NASDAQ:AMZN), and...

Oklo Inc (NYSE:OKLO) co-founder and CEO Jacob DeWitte believes Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) nuclear deal with Kairos Power this week is just the tip of the iceberg for nuclear power startups looking to team up with big tech companies. What To Know: Tuesday on CNBC’s...

Technology giant Microsoft Corporation (NASDAQ:MSFT) is teaming up with investment company BlackRock and several other partners on a new $30 billion investment fund to target the growing artificial intelligence sector. What Happened: The new investment, which adds to Microsoft's growing bets on the...

The utilities sector has emerged as the top-performing sector within the S&P 500 so far in 2024. As of Sept. 11, the Utilities Select Sector SPDR Fund (NYSE:XLU) has surged 22% year-to-date, outpacing all other sectors and even surpassing the technology sector – tracked by the Technology Select...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

Despite the imposition of U.S. export controls, Nvidia Corporation’s (NASDAQ:NVDA) revenue in China has shown promising growth, although it has not yet returned to pre-control levels. What Happened: On Wednesday, during the company’s second-quarter earnings call, Nvidia CFO Colette M....