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Caterpillar Races to Build Generators for Power-Hungry Data Centers
The Wall Street Journal1d agoneutral
Caterpillar Races to Build Generators for Power-Hungry Data Centers

Data-center developers’ demand for generators is booming, and Caterpillar is racing to meet it. The construction equipment maker said Tuesday it converted an existing plant in Wamego, Kan., to make turbine engines popular with data centers. Caterpillar also is resuming production of 10-megawatt generators, last made in 2022, and which the company expects to begin shipping in the fourth quarter.

Basic Materials Roundup: Market Talk
The Wall Street Journal1d agoneutral
Basic Materials Roundup: Market Talk

Find insight on Johnson Matthey, Aluminum Corp. of China, Fortescue and more in the latest Market Talks covering basic materials..

⚡ Flash Heard: Texas Data Center U-Turn Hits Power Stocks
The Wall Street Journal1d agoneutral
⚡ Flash Heard: Texas Data Center U-Turn Hits Power Stocks

Abundant natural gas, lots of land and a supportive political environment were all reasons why data centers had been flocking to Texas. On Monday afternoon, Texas Governor Greg Abbott directed the state’s grid operator and utility regulator to conduct a “comprehensive verification and audit” of all data centers asking for interconnection, and said no additional data centers can be approved until that process is completed. This puts a pause on a new process—named Batch Zero—that Texas greenlighted in June to fast-track interconnection requests from data centers.

This Indicator Hasn’t Been This High in 4 Years. It Means the Fed Could Raise Rates in 2026
24/7 Wall St.1d agoneutral
This Indicator Hasn’t Been This High in 4 Years. It Means the Fed Could Raise Rates in 2026

For most of this year, investors have obsessed over one question: when will the Federal Reserve finally begin cutting interest rates? Every inflation report, jobs release, and manufacturing survey has been dissected for clues. That scrutiny has only intensified since Federal Reserve Chair Kevin Warsh has made it clear the central bank intends to offer ... This Indicator Hasn’t Been This High in 4 Years. It Means the Fed Could Raise Rates in 2026

IQM Quantum Computers Q2 Earnings Call Highlights
MarketBeat1d agoneutral
IQM Quantum Computers Q2 Earnings Call Highlights

IQM Quantum Computers (NASDAQ:IQMX) reported its first results as a public company, outlining a growing order backlog, a second-half-weighted revenue outlook and continued investment in superconducting quantum systems for high-performance computing environments. The company began trading on the Nas

IPG Photonics Q2 Earnings Call Highlights
MarketBeat1d agoneutral
IPG Photonics Q2 Earnings Call Highlights

IPG Photonics (NASDAQ:IPGP) reported second-quarter 2026 revenue of $279 million, up 11% from a year earlier and representing its third consecutive quarter of double-digit year-over-year sales growth. Revenue exceeded the midpoint of the company’s guidance, while bookings improved and book-to-bill r

Hut 8 Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Hut 8 Q2 Earnings Call Highlights

Hut 8 (NASDAQ:HUT) reported second-quarter 2026 revenue growth and improved adjusted EBITDA as its compute operations expanded, while management highlighted progress on its AI data center development projects and project-level financing strategy. Revenue rose approximately 81% year over year to $74

Siri’s Success Could Force Apple to Spend More on AI
The Wall Street Journal1d agoneutral
Siri’s Success Could Force Apple to Spend More on AI

Apple may soon need to make up its mind about spending on AI. It resisted developing its own AI models, relying instead on OpenAI to fuel its AI strategy under a 2024 deal. Earlier this year, it abandoned OpenAI in favor of Google’s Gemini, which is set to power a revamped AI-infused version of its Siri digital assistant.

SRX Global Acquires Stake in Vistagen Therapeutics
InvestorsHub1d agoneutral
SRX Global Acquires Stake in Vistagen Therapeutics

SRX Global (AMEX:SRXH) disclosed an investment in Vistagen Therapeutics (NASDAQ:VTGN) and said it intends to engage with the company’s leadership and board on potential shareholder value initiatives. Key Investor TakeawaysSRX Global (AMEX:SRXH) acquired a stake in Vistagen Therapeutics (NASDAQ:VTGN).

Diamondback Energy Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Diamondback Energy Q2 Earnings Call Highlights

Diamondback Energy (NASDAQ:FANG) said its second-quarter operational performance and view of global oil inventories support a potential path toward low-single-digit organic production growth in 2027, while management emphasized it intends to retain flexibility amid commodity-market volatility. Chie

Cipher Mining Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Cipher Mining Q2 Earnings Call Highlights

Cipher Mining (NASDAQ:CIFR) said its second-quarter 2026 business update reflected continued progress in its transition toward developing and operating data centers for high-performance computing, or HPC, customers. The company highlighted an accelerated delivery at its Black Pearl campus, an $810 m

Bruker Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Bruker Q2 Earnings Call Highlights

Bruker (NASDAQ:BRKR) reported second-quarter revenue growth and expanded profitability as demand improved for scientific instruments, particularly in biopharma and several “deep tech” markets including semiconductor metrology, security detection and energy research. Second-quarter reported revenue