Google funding electrician training as AI power crunch intensifies Google will fund the training of tens of thousands of new U.S. electricians, the company told Reuters on Wednesday, as Big Tech wades deeper into the country’s power industry on its hunt for the massive amounts of electricity needed for its AI expansion.A lack of access to power supplies h … Read More >>
Albemarle posts loss on sliding lithium prices, keeps 2025 outlook The company reported a first-quarter net loss for common shareholders of $340,000, or zero cents per share, compared to a loss of $9.1 million, or 8 cents per share, in the year-ago period. (Reporting by Ernest Scheyder; Editing by Chris Reese) … Read More >>
Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand The results are likely to ease concerns about a potential slowdown in AI demand, after some analysts pointed to canceled data center leases at Microsoft as a sign of excess capacity. Investors had also been worried about the fallout from sweeping U.S. tariffs that are prompting businesses to rein in spending. … Read More >>
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Robinhood quarterly profit jumps as volatility fuels trading volumes surge The company’s transaction-based revenue, or income generated from fees for facilitating trading in options, cryptocurrency and equities, jumped 77% in the quarter. Majority of the gains came from a 100% jump in crypto trading activity as bitcoin remained choppy during the quarter. U.S. President Donald Trump’ … Read More >>
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