Equinix Inc
AI chip startup Groq expands with first European data center
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Artificial intelligence semiconductor startup Groq announced Monday it has established its first data center in Europe as it steps up its international expansion. Groq, which is […]
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Stocks making the biggest moves midday: Micron, Penn Entertainment, Equinix, Core Scientific & more
Check out the companies making the biggest moves midday: Micron Technology — The chipmaker slipped nearly 2% even after its fiscal third-quarter financial results topped expectations . Micron’s adjusted earnings were $1.91 per share, versus the $1.60 expected from analysts polled by LSEG. Revenue was $9.3 billion, above the $8.87 billion consensus estimate. Core Scientific […]
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Stocks making the biggest moves after hours: Reddit, Robinhood, Dutch Bros, MGM Resorts and more
Check out the companies making headlines in postmarket trading: Reddit — The social media platform slid 17% after Reddit’s user numbers fell short of Wall Street’s expectations. Daily active uniques averaged 101.7 million for the fourth quarter, reflecting growth of 39% year over year but missing analysts’ call for 103.1 million, per StreetAccount. Separately, Reddit […]
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Wall Street sees upside in 2025 for these dividend-paying real estate stocks
The outlook for real estate is brighter in 2025, according to many on Wall Street. After a rough couple of years, it is “the dawn of a new cycle” for real estate investment trusts, according to Citi. The firm expects REITs, which typically pay dividends, to have a total return of 10% to 15% in […]
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Data centers powering artificial intelligence could use more electricity than entire cities
An Amazon Web Services data center in Ashburn, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg | Getty Images The power needs of artificial intelligence and cloud computing are growing so large that individual data center campuses could soon use more electricity than some cities, and even entire U.S. states, according to […]
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AI boom thrusts Europe between power-hungry data centers and environmental goals
A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty Images The boom in artificial intelligence is ushering in an environmentally conscious shift in how data centers operate, as European developers face pressure to lower the water temperatures of their energy-hungry facilities to accommodate the higher-powered chips of […]
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An AI knowledge heart growth is coming, Jefferies says, naming top rated shares to obtain appropriate now
Synthetic intelligence is set to give the world wide data centre sector a significant strengthen, according to Jefferies, and usher in a “new era of electrical power demand from customers.” “As GPUs [graphics processing units] have develop into a greater element of the facts center ecosystem and generate AI investments, desire for electricity and facts […]
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Citi names 1 ‘compelling emerging’ concept to participate in real estate — and shares and REITs to purchase
Real estate organizations about the planet are eyeing a person spot appropriate now: information centers, according to Citi. “One particular of the persuasive emerging themes globally throughout Real Estate is the expansion of industrial and diversified corporations into datacenters,” claimed Citi. “The higher probable returns from data middle enhancement is making solid interest from real […]
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Stocks making the biggest moves midday: Planet Conditioning, AMC, Airbnb, Roblox and additional
Test out the corporations building headlines in midday investing. Earth Exercise — Shares jumped 7.9% after buying and selling reduced premarket Thursday. 1st-quarter earnings excluding one-time things of 53 cents a share topped analysts’ consensus estimate of 50 cents, EBITDA of $106.3 million was much better than an believed $104.8 million and similar device sales […]
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Stocks generating the biggest moves immediately after hrs: Airbnb, Robinhood, Arm Holdings, Equinix and more
A vital is viewed in entrance of a computer display exhibiting the Airbnb emblem in Ankara, Turkey, on Nov. 22, 2023. Dilara Irem Sancar | Anadolu | Getty Pictures Check out the organizations making headlines in extended trading: Airbnb — The hoteling organization issued disappointing ahead guidance, dragging shares down 8%. Airbnb claimed second-quarter profits […]
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