Amazon and Talen Energy announced a new long-term Purchase Power Agreement, with Talen supplying Amazon with 1.9 GW of energy from its Pennsylvania-based Susquehanna nuclear power plant to AWS data centers in the region.
Markets Trump targeted with tariffs — Mexico, China, Canada, Europe — surged past the S&P 500. Weak dollar, fiscal risks reshape views on U.S. exceptionalism.
Despite offering salaries in millions annually, Meta Platforms Inc. (NASDAQ: META) is witnessing a talent drain in its AI division, with employees migrating to competitors OpenAI and Anthropic amid the rising demand for AI expertise.
The company was reportedly toying with the idea of either adopting its traditional approach of per-seat software licenses that would fetch a certain amount per month or instituting consumption-based pricing.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
Richardson Electronics has gotten torched over the last six months - since December 2024, its stock price has dropped 33.3% to $9.38 per share. This may have investors wondering how to approach the situation.
CFO Safra Katz said the Stargate AI venture isn’t formed yet but “some of our business with OpenAI, which is one of our partners in Stargate, is part of our future very much so.”
