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Utah data center project halved after massive protests over water and power use

Market News
07 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

The Stratos data center project in Utah, backed by Kevin O'Leary, has been cut by 50% due to intense local opposition over water rights and environmental concerns. Originally planned to cover 40,000 acres with a power demand twice Utah's current peak, the project faced thousands of protests, particularly about its massive water consumption threatening the Great Salt Lake. Despite approval through a state authority that bypasses local zoning, the backlash has led to withdrawn water applications and new environmental study laws. This development signals significant risks for investors in large-scale data centers, especially in resource-limited areas.

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SupplySide Global 2026 expands to three expo days with new features and education format

SupplySide Global 2026 expands to three expo days with new features and education format

SupplySide Global 2026, a leading event for supplement, food, and beverage innovation, will be held October 28-30 in Las Vegas with education sessions from October 26-30. The event expands to three expo days, offering attendees more time to connect w...

Others
Neutral
1 hour ago
Pizza Hut UK reopens Marble Arch restaurant with a customer memory contest and £1,973 prize.

Pizza Hut UK reopens Marble Arch restaurant with a customer memory contest and £1,973 prize.

Pizza Hut UK has reopened its iconic Marble Arch restaurant after a full refurbishment, celebrating its heritage since 1973. To mark the occasion, the brand launched a social media contest inviting customers to share photos of their Pizza Hut memorie...

Others
Bullish
1 hour ago
GraniteShares announces monthly distributions for eight Autocallable ETFs with varying yields.

GraniteShares announces monthly distributions for eight Autocallable ETFs with varying yields.

GraniteShares has declared monthly distributions for its eight Autocallable ETFs, including ANV, TLA, MSR, ATC, PLA, AHD, SCA, and MRA. These ETFs offer distribution rates ranging from 0% to nearly 48%, reflecting their investment in single-stock aut...

Company Fundamentals
Neutral
1 hour ago
Hostinger launches AI-powered ecommerce platform enabling product sales via photo links without a website.

Hostinger launches AI-powered ecommerce platform enabling product sales via photo links without a website.

Hostinger has introduced Hostinger Ecommerce, an AI-driven platform that allows small sellers to create product pages and checkout links from photos in minutes, without needing a website. The platform manages inventory, orders, payments, and shipping...

Others
Bullish
2 hours ago
North Texas Food Bank adds five new leaders to its board to boost hunger relief efforts.

North Texas Food Bank adds five new leaders to its board to boost hunger relief efforts.

The North Texas Food Bank has appointed five new board members with diverse expertise in foodservice, retail, finance, and operations, effective July 1, 2026. These leaders bring valuable experience to support the organization's growth and mission to...

Others
Neutral
4 hours ago
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