Crusoe, a Denver-based data center developer valued at $30.9 billion, sold an unfinished data center project in Wyoming to Google after failing to secure Google as a customer for the site. Google raised concerns about the project's cost and construction timeline under Crusoe's management and is now investing $17 billion to develop the campus. Despite this, Crusoe continues to work with Google on another data center near Amarillo, Texas. The deal underscores challenges independent developers face in delivering large-scale data centers on time and budget, amid equipment, power, and community opposition issues.
Alphabet Inc Class A (GOOGL) shares are priced at USD 284.78 on Pluang as of Nov 07, 2026 08:51 WIB, showing a modest 0.78% gain in the last day. The stock's market capitalization stands at $3.54 trillion, reflecting its massive scale despite the challenges in data center projects like the one Crusoe sold. Trading volume is high at over 51 million shares, with 57% of Pluang users selling and 43% buying, indicating mixed investor sentiment.
Don Harrison, a longtime Google executive and SpaceX board member, has resigned from SpaceX's board. The resignation was not due to any disagreement with the company, and SpaceX thanked him for his dedicated service. Alphabet, Google's parent company...
Google announced a $17 billion investment in a Wyoming data center, pledging to pay for all its power usage to address environmental concerns around AI data centers. The facility will use natural gas power sources with carbon capture technology, but ...
TeraWulf reported Q3 2026 revenue of $76.23 million, beating estimates and showing 50.7% growth year-over-year, driven mainly by leasing data center space to AI clients. The company secured a credit backstop from Google for its Anthropic lease, reduc...
Apple reported a record September quarter with strong iPhone and Services revenue, beating earnings expectations and returning $28 billion to shareholders. Meanwhile, Alphabet doubled its Cloud revenue but posted a net loss due to equity losses and h...
Following the 2026 midterm elections, Democrats now control Congress and voters are opposing new data center projects due to rising energy costs. This political shift threatens hyperscaler stocks, but Alphabet stands out as the best positioned to han...
