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Google’s $15 billion India data centre project battles water, wildlife concerns
Reuters2d agoneutral
Google’s $15 billion India data centre project battles water, wildlife concerns

Work to build Google's planned Indian data centre hub is in full swing, with a hillside above the site stripped to red earth and terraced into steps, but mounting opposition from environmentalists is creating hurdles for ‌the  U.S. tech giant's $15 billion project. The southern state of Andhra Pradesh, governed by an ally of Prime Minister Narendra Modi who has hailed the project ‌as historic and transformational, has denied allegations that the project was fast-tracked without weighing risks to water supplies and wildlife. But the growing opposition could become an early test for Google's biggest-ever India investment, which ​is facing several legal challenges over its impact on water supplies and proximity to a wildlife sanctuary that is home to leopards and pangolins.

Fluence Energy (FLNC) Revenue Grew But Profit Turned To Loss, Is The Stock Still Undervalued?
Simply Wall St.2d agoneutral
Fluence Energy (FLNC) Revenue Grew But Profit Turned To Loss, Is The Stock Still Undervalued?

Fluence Energy (FLNC) is in focus after its third quarter 2026 earnings update, which showed higher revenue alongside a shift from profit to loss, while sector sentiment weakened following the softer outlook from SolarEdge Technologies. See our latest analysis for Fluence Energy. At a share price of US$14.23, Fluence Energy has seen the 1 day share price return fall 9.19% and the 30 day share price return fall 20.15%, while the 1 year total shareholder return is 68.40% and the 3 year total...

Lucid Group (LCID) Starts $1.4 Billion Reset And Pushes Midsize EV To 2027
Simply Wall St.2d agoneutral
Lucid Group (LCID) Starts $1.4 Billion Reset And Pushes Midsize EV To 2027

Lucid Group (NasdaqGS:LCID) announced a US$1.4b cost saving plan as part of a broad operational reset. The company postponed its planned midsize EV launch to 2027 as it reshapes its product roadmap. Lucid Group created a new AI focused business unit to advance autonomous vehicle efforts with partners including Uber and Nuro. For investors following how AI is reshaping transportation and the infrastructure that supports it, the broader trend across suppliers and enablers of this shift is...

Western Digital Q4 Earnings Call Highlights
MarketBeat2d agoneutral
Western Digital Q4 Earnings Call Highlights

Western Digital (NASDAQ:WDC) reported fiscal fourth-quarter revenue and earnings above the high end of its guidance, citing strong demand for high-capacity hard disk drives, favorable pricing and growth in cloud storage needs tied to artificial intelligence workloads. For fiscal 2026, the hard driv

Viavi Solutions Q4 Earnings Call Highlights
MarketBeat2d agoneutral
Viavi Solutions Q4 Earnings Call Highlights

Viavi Solutions (NASDAQ:VIAV) reported fiscal fourth-quarter revenue and earnings above its guidance, supported by demand from data-center customers, aerospace and defense markets, and contributions from acquired Spirent product lines. Fiscal fourth-quarter revenue totaled $443.1 million, exceeding

A Big World Cup Could Weigh on DraftKings Earnings
Barrons.com2d agoneutral
A Big World Cup Could Weigh on DraftKings Earnings

DraftKings reports earnings Thursday after bettors won big during the FIFA World Cup, raising questions about sportsbook margins, customer retention, and the company’s fast-growing prediction market.

Schrödinger (SDGR) Is Up 8.5% After AI Co‑Scientist Deal With BMS And Q2 Profitability Shift – Has The Bull Case Changed?
Simply Wall St.2d agoneutral
Schrödinger (SDGR) Is Up 8.5% After AI Co‑Scientist Deal With BMS And Q2 Profitability Shift – Has The Bull Case Changed?

In the past few days, Schrödinger, Inc. reported second-quarter 2026 results showing revenue of US$58.89 million and a shift to a US$5.98 million net profit, while also expanding its long-running collaboration with Bristol Myers Squibb to deploy its new agentic AI co-scientist, Bunsen, across that partner’s research organization. Alongside this earnings turnaround, Schrödinger’s AI agreement with Bristol Myers Squibb and the related ESOP shelf registration highlight both growing adoption of...

Bloomberg2d agoneutral
OpenAI Asks Judge to Toss Apple Suit Alleging Trade Secret Theft

(Bloomberg) -- OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowMajor Hedge Funds Targ

Veeco Instruments Q2 Earnings Call Highlights
MarketBeat2d agoneutral
Veeco Instruments Q2 Earnings Call Highlights

Veeco Instruments (NASDAQ:VECO) reported second-quarter results above its guidance range, citing accelerating demand across semiconductor, advanced-packaging and silicon-photonics markets tied to AI infrastructure and high-performance computing. Revenue for the quarter was $193 million, while non-G

TTM Technologies Q2 Earnings Call Highlights
MarketBeat2d agoneutral
TTM Technologies Q2 Earnings Call Highlights

TTM Technologies (NASDAQ:TTMI) reported second-quarter 2026 revenue of $1 billion, its first quarterly sales result at that level, as demand tied to artificial intelligence data centers, networking, medical products and aerospace and defense programs increased. Revenue rose 37% from $731 million in

Talen Energy Q2 Earnings Call Highlights
MarketBeat2d agoneutral
Talen Energy Q2 Earnings Call Highlights

Talen Energy (NASDAQ:TLN) reported second-quarter adjusted EBITDA of $374 million and adjusted free cash flow of $212 million, citing contributions from recently acquired natural gas plants, higher PJM capacity pricing, increased generation volumes and the ramp of its AWS contract. For the first ha

Symbotic Q3 Earnings Call Highlights
MarketBeat2d agoneutral
Symbotic Q3 Earnings Call Highlights

Symbotic (NASDAQ:SYM) reported fiscal third-quarter 2026 revenue of $721 million, up 22% from a year earlier and 7% sequentially, as the warehouse automation company expanded system deployments and grew recurring revenue from operational systems. GAAP net income was $55 million, compared with a net

Investing.com2d agoneutral
Merck KGaA Q2 adjusted profit rises 9%, hikes FY outlook

Investing.com-- Merck clocked a stronger second-quarter adjusted profit on Tuesday, aided by strong performances in its life science and electronics divisions, with the company also raising its annual profit outlook.

GOP Senator Josh Hawley Opposes Clarity Act Vote Over Community Bank Fears
CoinGape2d agoneutral
GOP Senator Josh Hawley Opposes Clarity Act Vote Over Community Bank Fears

Senator Josh Hawley has become the first Republican to publicly oppose vote on current crypto bill draft of the Clarity Act, citing intense pressure from community banks and agricultural groups in his state. The opposition drew criticism from Coinbase CEO Brian Armstrong and the crypto community. Ad Ad Why Senator Josh Hawley to Vote ‘No’