American construction and mining equipment maker; global industrial giant.
A flurry of deals links data centers with distributed energy resources. Companies are coordinating rooftop solar, home batteries and grid-scale storage to meet rising AI demand, while utilities consider new projects and regulators weigh environmental impacts.
Across multiple projects, autonomous and humanoid machines are moving from labs to factories and field sites. From Louisiana’s solar-grid work to Austin’s Robot Park and a Chinese factory livestream, developers say robots are proving value in real-world settings while building data and capability for broader deployment.
Michael Burry has placed bearish bets against key AI-driven stocks and the SOXX semiconductor ETF, while updating bets on Nvidia, Tesla, and Caterpillar. The moves come as chipmakers and AI-related firms rally on spending and demand signals, with Burry warning the rally may be near its end.
Renewables now account for a growing share of global power, but Africa’s path requires building institutions to turn resources into reliable, affordable electricity. The Bloomberg Africa initiative and recent policy shifts show a push to remove bottlenecks in market design, grid access, and financing to unlock private investment and extend electricity to hundreds of millions.
Governor Kathy Hochul has signed an executive order imposing a one-year statewide moratorium on new hyperscale data centres that use 50 megawatts or more, directing regulators to complete an environmental impact review and consider rules to make developers pay for power, contribute to grid upgrades and lose tax breaks. The move has drawn praise from community and environmental groups and rebuke from industry and national conservatives.
The government has unveiled a major reform to place technical education on par with academic routes for 14-year-olds, starting from September 2028. The plan links studies to local jobs, expands work experience, and shifts school performance measures to reflect technical pathways. Reactions from unions and educators highlight funding and implementation questions amid a broader debate on youth unemployment and post-16 education.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
The government has unveiled proposals to introduce technical subjects for 14-year-old pupils from September 2028, aiming to close gaps between vocational and academic paths. The plan has sparked a national debate about whether Britain overvalues degrees or risks limiting opportunities for those who need it most. Education unions demand more funding and clarity while warning that implementation hinges on investment in schools and staff.
Global stocks rally after several earnings surprises push the S&P 500 above 7,700, a fresh intraday record. Palantir surges on forecast-beating revenue; Dow and Nasdaq also hit records as oil prices slip on supply optimism. The market shows resilience despite geopolitical tensions.
Tech shares across Asia buoyed by AI optimism, with notable gains in SK Hynix, Samsung, Kioxia, Advantest and TSMC as markets rebound from recent volatility and traders reassess AI investment momentum.
SpaceX has reported quarterly results with strong revenue but ongoing losses, highlighting a heavy $18bn capex focus on AI infrastructure. Investors are watching for returns as Starlink remains the profit engine while the AI division remains loss-making and the public market faces a volatile response as lock-up expirations loom.