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 Despite approval through a state authority that bypasses local zoning, the backlash has led to withdrawn water applications and new environmental study laws.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.
Ambarella, an edge AI semiconductor company, announced its third quarter fiscal year 2027 earnings conference call will be held on November 24, 2026, at 1:30 p.m. Pacific Time. The company will release its earnings report after the market closes that...
Ademi LLP is investigating Strategic Education for potential securities fraud related to inaccurate statements about its financials and business operations, particularly in Australia. This probe follows a more than 20% decline in the company's stock ...
Corporate Insight released research identifying top financial firms leading in customer-facing AI tools, including virtual assistants and AI-powered fintech platforms. Fidelity and Voya lead in retirement plan virtual assistants, while Lively excels ...
Strawberry Fields REIT announced a cash dividend of $0.17 per common share for the fourth quarter of 2026. The dividend will be paid on December 30, 2026, to shareholders recorded by December 16, 2026. The company specializes in owning and leasing he...
Bitcoin has priced in expectations of a large Democratic win in the upcoming U.S. midterm elections, potentially paving the way for a price rebound as election uncertainty fades. However, CoinShares research chief James Butterfill warns that slower p...
