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Siemens Energy Lifts Outlook on Power Demand Boom
Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.Business - The Wall Street Journal - Yesterday -
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidBusiness - MarketWatch - October 16 -
AI Power Needs Fuel Demand for Nuclear Energy
Electricity providers are looking at revamping nuclear power generation as Big Tech energy needs increase.Business - Inc. - October 17 -
Big Tech turns to nuclear energy to power AI boom
Major technology companies are increasingly turning to nuclear energy as they attempt to keep up with the vast energy demands of artificial intelligence (AI) without derailing their highly ...Politics - The Hill - October 16 -
Japan on cusp of energy storage boom
Demand for residential batteries set to surgeWorld - Financial Times - 3 days ago -
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.Business - The Wall Street Journal - 9 hours ago -
Clean Energy Is Booming in the U.S. The Election Could Change That.
Trump has suggested he would dismantle the Inflation Reduction Act, which has reshaped America’s energy landscape. It won’t be easy.World - The New York Times - October 30 -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - October 31 -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - 11 hours ago -
STMicroelectronics Cuts Outlook Again on Continued Weak Demand
STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.Business - The Wall Street Journal - October 31 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Google turns to nuclear energy for AI electricity demand
Google announced a deal with energy startup Kairos Power to supply its data centers with electricity from seven small modular nuclear reactors, which still need to be built. A recent study found ...Top stories - CBS News - October 15 -
Trump energy allies anticipate boom times for oil, gas, mining
Former President Trump’s election victory has sent a jolt of enthusiasm through the fossil fuel and mining industries as they anticipate a favorable regulatory environment under his incoming ...Politics - The Hill - 2 days ago -
Munich Re Lifts Outlook Despite Third-Quarter Miss
Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.Business - The Wall Street Journal - October 22 -
Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.Business - The Wall Street Journal - October 25 -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - November 4 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom
The company's stock was tracking for a record close and clinched a fresh intraday record.Business - CNBC - October 22 -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
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Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns
Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment ...Business - MarketWatch - 6 days ago -
Amazon buys stake in nuclear energy developer in push to power data centres
Citadel’s Ken Griffin takes part in X-energy’s $500mn fundraising alongside ecommerce groupBusiness - Financial Times - October 16 -
Cubans endure days without power as energy crisis hits hard
People cook with firewood after days of blackouts and supply issues.Top stories - BBC News - October 26 -
Green energy plan needs 600 miles of power lines - report
Energy planners say Labour's 2030 electricity net zero target is "achievable" but a "huge challenge".Top stories - BBC News - November 5 -
Mexico to Court Private Investment in Power Sector to Support Green Energy
Mexican President Claudia Sheinbaum is open to more private investment in the electricity sector as her government seeks to meet increased energy needs with a focus on renewables while recovering ...World - The Wall Street Journal - 3 days ago -
AI boom thrusts Europe between power-hungry data centers and environmental goals
The growth in demand for AI could come at a cost to Europe's decarbonization goals as the specialized chips used by firms like Nvidia are expected to result in a rise in energy use of already ...Business - CNBC - October 29 -
Early 2025 Third Base Outlook: Mark Vientos' power provides difference-making potential, and more
Chris Towers highlights Jordan Westburg as one of his biggest rankings moversSports - CBS Sports - October 25 -
Siemens to buy simulation software group Altair for $10.6bn
Deal likely to mark a conclusion to the consolidation in engineering software industryBusiness - Financial Times - October 30 -
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
Large tech firms are turning to alternative power sources like nuclear as a way to fulfill growing energy demands from data centers.Business - CNBC - October 16 -
Amazon, Google make dueling nuclear investments to power data centers with clean energy
Tech giants Amazon and Google are investing in the next generation of nuclear reactorsTech - ABC News - October 16 -
Cuba’s electrical grid goes offline after one of the island's major power plant fails, said the energy ministry
Cuba’s electrical grid goes offline after one of the island's major power plant fails, said the energy ministryWorld - ABC News - October 18 -
Big Tech is driving a nuclear power revival, energy guru Dan Yergin says
As tech giants like Microsoft, Amazon and Google compete to take the lead in the AI revolution, data centers are consuming an ever-increasing amount of energy.Business - CNBC - October 23 -
From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
A huge upswing in the number of data centers shows no signs of slowing down, prompting Big Tech to consider how best to power the AI revolution.Business - CNBC - November 4 -
Three Mile Island Is at the Center of Efforts to Expand Nuclear Capacity to Meet Rising Power Demand
The Pennsylvania plant, site of the worst U.S. nuclear energy accident, is at the forefront of efforts to expand nuclear capacity to meet rising electricity demand.Business - The New York Times - October 30 -
AI search wars heat up: Genspark adds Claude-powered financial reports on demand
Distill Web gives users the ability to look up of 300,000-and-counting public companies and generate polished financial reports.Tech - VentureBeat - 2 hours ago -
The US economic boom is a mirage
Its lopsided, brittle quality helps explain why so many Americans will cast votes in angerWorld - Financial Times - November 4 -
Bloomsbury to beat expectations on ‘romantasy’ boom
Publisher reports best-ever first half as sales of authors such as Sarah J Maas and JK Rowling continue to soarBusiness - Financial Times - October 24
