OpenAI announced it will invest $750 billion in infrastructure through 2030, a 25% increase from earlier estimates. The first major project is a $20 billion data center campus in Georgia, called Project Camellia, which will cover 1,400 acres and draw 3.2 gigawatts of power. The data center is expected to start receiving power between 2028 and 2032, with OpenAI covering all infrastructure and electricity costs. This expansion highlights OpenAI's commitment to scaling its AI capabilities, though details on the energy mix remain unclear amid concerns over increased natural gas capacity in the region.
Argus Research increased its price target for NetApp to $225, citing a 13.5% potential upside from the current price of $198.18. NetApp reported strong fiscal Q1 2027 results with revenues up 29.9% to over $2 billion and non-GAAP EPS rising 66.5% to ...
New Jersey American Water received approval for rate increases that will add $68 million annually to its revenue. This funding supports over $1.4 billion in critical infrastructure upgrades, including replacing aging water mains and improving treatme...
MoneyHero Limited reported Q3 2026 earnings with an EPS of -$0.03 and revenue of $15.75 million, missing analyst estimates. The company is shifting strategy to offer more cash rewards to attract users, which has lowered immediate revenue and resulted...
Journey Energy has acquired a private company owning a 0.98% interest in the Keyera Rimbey gas processing facility for $8 million. This asset generates about $0.7 million annually in third-party processing revenue and is expected to reduce Journey's ...
Brodsky & Smith law firm is investigating ACV Auctions' Board of Directors for potential breaches of fiduciary duty related to the company's $1.9 billion sale to Copart, Inc. The probe questions whether the board conducted a fair process and if the $...
