The CEO is looking at “multi-thousand acre” data center projects going forward.
Category: Business
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Bitcoin passes $81,000 as optimism builds
One expert said “these levels could represent the critical ‘demarcation line’ between bull and bear market.”
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Bullish soars on $4.2 billion deal to acquire transfer agent Equiniti
The agreement to acquire one of the largest transfer agents reflects Bullish’s latest effort to develop its tokenized securities infrastructure.
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PayPal tumbles as management warns of weak 2026 trends, says turnaround plan will take “a few months” to define
The numbers were fine; the comments weren’t.
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Coinbase CEO: Company cutting 14% of employees
Armstrong said he is “rebuilding Coinbase as an intelligence, with humans around the edge aligning it.”
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Cummins jumps after power systems division delivers record results, management boosts full-year outlook
The engine company is carving out a role in the AI boom as data centers devour power.
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Frontier sinks as high fuel costs dampen record Q1 revenue, weigh on Q2 earnings guidance
Frontier reported its first-quarter earnings before markets opened Tuesday, just days after rival Spirit shut down.
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Shopify tumbles despite strong first quarter as Q2 guidance fails to impress
The Canadian e-commerce company beat first-quarter revenue and GMV estimates, but its Q2 forecast pointed to slowing revenue growth.
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Alphabet said to tap European bond markets again as AI spending surges
Alphabet keeps raising — and spending — money.
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Cipher Mining gains despite posting underwhelming Q1 revenues
The bitcoin miner turned data center company just posted Q1 results.
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Pfizer reports Q1 results above consensus, reaffirms 2026 guidance
The drugmaker reported earnings results on Tuesday.
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Tesla told European regulators it expects “EU-wide” FSD approval in second or third quarter
That’s later than Musk had predicted, but still not that far away.