Chesapeake Utilities sold a 49% minority interest in the Florida Energy Pathway (FEP), a major natural gas transmission project in South Florida, to NextEra Energy Resources. The project aims to expand natural gas capacity from Palm Beach to Miami-Dade counties, addressing supply constraints and growing demand in the region. Chesapeake Utilities retains 51% ownership and will oversee construction and operations, with the $1.2 billion project expected to start construction in 2028 and be operational by 2030. This partnership supports regional energy reliability and long-term growth plans for both companies.
Alphabet CEO Sundar Pichai revealed that the company is facing challenges in rapidly expanding its AI capacity to meet demand. Meanwhile, competitor Anthropic has successfully secured 5 gigawatts of AI computing power, highlighting a significant deve...
AI-related capital expenditures (CapEx) likely contributed between 35% and 65% of U.S. GDP growth in Q1 2026, according to analysis aligned with Federal Reserve data. Despite a slowdown in high-tech equipment investment growth from 39.9% in Q1 to 6.9...
Nvidia will pay a quarterly cash dividend of $0.25 per share on October 1, 2026, to shareholders recorded by September 10, 2026, unchanged from the previous dividend. The company has returned about $26 billion to shareholders recently through dividen...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading slightly down at around $77,943 and Ethereum stable near $2,453. Some altcoins like ARB surged over 30%, and CRV rose nearly 19%, indicating selective investor interest. Stablecoins r...
Radisson Mining Resources closed a private placement with Agnico Eagle Mines, raising C$57.16 million through the sale of 53.42 million units at C$1.07 each. Agnico Eagle now owns about 10.45% of Radisson's shares. The funds will support advanced und...
