New research from Wood Mackenzie reveals that the metals demand for data centers extends far beyond servers to include extensive power infrastructure like grid upgrades, transmission lines, and on-site power generation. This broader view shows aluminum and copper demand could be three to four times higher than previously estimated, driven by the need for cooling systems, power distribution, and independent energy sources such as solar and wind farms. The global supply chain for these metals faces strain amid geopolitical tensions and rising demand, especially in Asia-Pacific and North America. This shift highlights the critical role of metals in supporting the expanding digital and AI infrastructure worldwide.
Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN) have agreed to merge, with REFI electing to become a business development company (BDC) and merging into LIEN in an all-stock deal. The combined company will oper...
Scorpio Tankers Inc. announced updated daily Time Charter Equivalent (TCE) rates for Q2 2026, reflecting their fleet's contracted voyages and time charters. The company expects diluted shares outstanding between 53 to 54 million for the quarter, fact...
Man Group PLC disclosed a reduction in its long position in Senior Plc, holding 1.58% of relevant securities as of June 17, 2026. The firm sold shares and reduced its equity swap positions, signaling a strategic adjustment in its investment. This dis...
The S&P 500 fell 1.21% to 7,420.10 after the Federal Reserve signaled a possible interest rate increase later this year, causing investor jitters. Despite the decline, Polymarket traders predict a 98% chance the index will open higher on Thursday, re...
Zalando, Europe's largest online retailer with over 62 million active users, uses the European AI platform Hopsworks to power its demanding AI services. Hopsworks provides a high-performance, secure, and compliant AI Lakehouse infrastructure capable ...
