Oracle cut 21,000 jobs, or 13% of its global workforce, and recorded $1.84 billion in severance costs as it redirects capital toward AI infrastructure and data centers, according to the company's SEC …
Uranium spot prices have settled around $85 per pound, with long-term contract prices at $90 per pound, a level not seen since 2008, according to Cameco data, as AI data center electricity demand is e…
Bitcoin miners Hut 8 and IREN have locked in multi-billion-dollar AI infrastructure contracts, with Hut 8's stock surging nearly 30% after announcing a 15-year lease valued at $9.8 billion at its Beac…
Peachtree Group CEO Greg Friedman warned on March 17, 2026 that while AI-driven data center demand is real, record construction levels could tip the market into oversupply. Friedman noted the approach…
Hut 8 Corp. signed a $9.8 billion, 15-year lease to fully commercialize its Beacon Point campus in Texas, bringing its total base-term contract value to $26.6 billion. The company, once dismissed as a…
BlackRock is preparing to sell more than $12 billion in bonds to finance a data center campus in El Paso, Texas, in one of the largest single debt deals tied to AI infrastructure this year. The bond s…
Hut 8 Corp. surged 30-35% after announcing a 15-year triple-net lease worth $9.8 billion for the first phase of its Beacon Point AI data center campus in Nueces County, Texas, covering 352 megawatts o…
IREN has raised its AI cloud revenue target, while Hut 8 has secured a $9.8 billion deal, according to the companies.…
Bloom Energy's nearly 1,000% stock surge faces headwinds from grid delays, community opposition, and manufacturing ramp risks, according to the company's mid-year 2026 Data Center Power Report. The fu…
Applied Digital Corporation, formerly Applied Blockchain, has crossed 1 GW of contracted critical IT load capacity across its AI data center campuses, with $11 billion in contracted lease revenue from…
ASML raised its full-year 2026 net sales guidance to €43B-€45B on July 15, the second upward revision this year, as AI chip demand accelerates. The Dutch semiconductor equipment maker reported Q2 2026…
Energy IPOs raised $12.6 billion in the first half of 2026, the highest first-half figure on record and nearly triple the $4.3 billion raised in all of 2025, driven by investor demand for companies po…
ASML Holding reported €9.3 billion in Q2 2026 net sales, crushing analyst estimates of €8.8 billion, and raised its full-year guidance for the second time to €43-45 billion, driven by surging demand f…
Nvidia trades at roughly 28x forward earnings with analysts suggesting 30% upside to intrinsic value near $323 per share, while Cerebras Systems reported $510 million in 2025 revenue and a $24.6 billi…
Benchmark raised its price target on Hut 8 to $165 from $85, nearly doubling its previous estimate, after the Bitcoin miner secured $16.8 billion in contracted lease value across two hyperscale AI dat…
New York Governor Kathy Hochul signed an executive order on July 14, 2026, enacting a one-year moratorium on new approvals for data centers with a peak demand of 20 megawatts or more, making the state…
TSMC and ASML, the two companies that form the foundational infrastructure layer of the AI boom, report Q2 2026 earnings on July 15 and 16 respectively, with TSMC posting NT$442.68 billion in June rev…
Data-center developers are repurposing former Bitcoin mining facilities for AI workloads, capitalizing on existing power infrastructure to meet surging demand. AiOnX closed a $500 million deal on June…
AI infrastructure companies have surged 187% over the past 12 months, driven by former Bitcoin miners pivoting to AI data centers. Stocks like Hut 8 and TeraWulf have posted triple-digit gains, with T…
Bitcoin mining companies face investor scrutiny over insider share sales and a $50 billion funding gap as they pivot to AI infrastructure. A Blocksbridge Consulting report highlights executive stock s…