UAW members rejected Deere's contract extension offer, which included a 4% annual wage increase and $3,000 yearly bonuses, as union president Shawn Fain seeks a more lucrative deal amid Deere's AI-dri…
A Goldman Sachs report finds that America's energy sector will need about 500,000 additional workers by 2030, but the apprenticeship pipeline had only 45,000 entrants in 2024 against a need for 65,000…
SoftBank is investing $200 million in Gravis Robotics' Series A round, the largest in construction robotics history, to scale its autonomous control kits for excavators and mixed fleets. The Zurich-ba…
The AI data-center boom is driving investment in industrial equipment makers such as Caterpillar, Cummins, Eaton, Ford, Vertiv, Schneider Electric and Corning, with Caterpillar investing $725 million …
CoreWeave, an AI cloud company backed by Nvidia, raised its 2026 capital expenditure forecast to between $35 billion and $39 billion after beating second-quarter estimates, with revenue more than doub…
CoreWeave shares surged about 14% in after-hours trading Tuesday after the AI cloud provider reported record second-quarter revenue of $2.575 billion, up 112% year-over-year, and a revenue backlog of …
Energy Vault announced on August 7 a commercial agreement to supply 1.25 GW of integrated, off-grid power infrastructure for a hyperscaler AI data center in Texas, projecting $500 million to $600 mill…
The S&P 500 and Dow Jones returned to record highs on Tuesday, driven by falling oil prices and a strong earnings season, but SpaceX shares fell despite beating revenue expectations in its debut quart…
The S&P 500 and Dow Jones Industrial Average closed at record highs on Tuesday, Aug 4, powered by strong earnings from AI-related companies Caterpillar and Palantir, while crude prices and Treasury yi…
Oil prices fell sharply Tuesday after U.S. Treasury Secretary Scott Bessent said a deal could be reached with Tehran by Wednesday on re-opening the Strait of Hormuz to shipping traffic, boosting stock…
Caterpillar reported record Q2 2026 revenue of $20.5 billion, a 24% increase from $16.6 billion a year earlier, driven by a $3.1 billion surge in power generation equipment sales for AI data center co…
The S&P 500 hit an intraday record high on Tuesday (Aug 4), driven by strong AI-linked earnings from Caterpillar and Palantir and hopes for a Middle East deal. The Dow Jones Industrial Average rose 46…
Local opposition delayed or blocked 75 data center projects worth $130 billion in Q1 2026, prompting Baird analyst Mig Dobre to downgrade Caterpillar on July 29 and raising questions about the viabili…
Michael Burry's Scion Asset Management has increased its short position against Nvidia, adding to put options first disclosed in late 2025 and expanding bearish bets across the semiconductor sector wi…
Omen AI has raised $31 million in Series A funding led by Nava Ventures to commercialize spectroscopic sensors that detect bacteria and contamination in coolant lines of GPU clusters, preventing costl…
Dark smoke rose above a Digital Realty data center in Ashburn, Virginia, on July 3 as diesel generators switched on to reduce strain on the power grid during a heat wave. The generators were activated…
The United States could face a 100-gigawatt electricity shortfall between 2026 and 2030, Bank of America warned, driven by surging demand from data centers powering the AI revolution and insufficient …
Michael Burry, famed for his 'Big Short' bet against the housing market, has taken short positions against Tesla, Caterpillar, and major chip stocks including Nvidia and Applied Materials, citing over…
Autonomous construction bots from Built Robotics are building solar infrastructure for Meta's Hyperion AI data center in Louisiana. The 72-ton machines work 12-hour days driving steel beams, handling …
Michael Burry, the investor known for predicting the 2008 housing crisis, revealed new bearish bets against Tesla, Nvidia, Caterpillar, Applied Materials, and the iShares Semiconductor ETF, warning of…