Microsoft Says Cloud Ai Demand Is Exceeding Supply Even after 79 Surge in Capital Spending
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AI could drive a natural gas boom as power companies face surging electricity demand
Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.CNBC - Business -
Water firm says supplies being restored amid outage
A burst pipe on Thursday is continuing to impact Southern Water supplies in East Sussex.BBC News - Top stories -
German e-car exports exceeded imports in 2023
Yahoo News - World - Germany -
Castlelake CEO Says Brookfield Deal Lets Firm Balance Capital and Control
The Minneapolis-based private credit specialist is selling a majority stake in itself to the publicly traded asset manager.The Wall Street Journal - World -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
Deadly Israeli strikes reported in Rafah after three soldiers killed
Israel's military said early on Monday it was urging Gazans sheltering in parts of Rafah to evacuate.BBC News - Top stories - Israel