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Microsoft (MSFT) And Chevron Build A Huge Power Backing For AI Data Centers
Simply Wall St.46d agoneutral
Microsoft (MSFT) And Chevron Build A Huge Power Backing For AI Data Centers

Chevron and Microsoft announced a large co-located natural gas power plant and data center project in the US, focused on supporting AI infrastructure. The project is designed to secure dedicated energy capacity for Microsoft's growing AI data center workloads. The development plans to use non-freshwater sources and is expected to have a meaningful economic impact on the surrounding region. For investors watching Microsoft, ticker NasdaqGS:MSFT, this energy partnership comes at a time when...

Caterpillar (CAT) Lands Key Role In Chevron Microsoft AI Data Center Build
Simply Wall St.46d agoneutral
Caterpillar (CAT) Lands Key Role In Chevron Microsoft AI Data Center Build

Caterpillar (NYSE:CAT) is supplying engines and turbines to power a massive Microsoft AI data center in West Texas. The project is tied to a 20-year natural gas supply agreement between Chevron and Microsoft. Caterpillar's Power Generation segment is seeing strong demand, with record order backlogs linked to AI-related infrastructure projects. This new role in powering a large AI data center puts Caterpillar directly in the path of long-term computing and energy buildouts. While the company...

Why Fastly (FSLY) Stock Is Nosediving
StockStory46d agoneutral
Why Fastly (FSLY) Stock Is Nosediving

Shares of edge cloud platform Fastly (NASDAQ:FSLY) fell 5.2% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower.

Oracle (ORCL) Stock Trades Down, Here Is Why
StockStory47d agoneutral
Oracle (ORCL) Stock Trades Down, Here Is Why

Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower. Alphabet fell roughly 6%. Microsoft slipped as well. When the two largest software-adjacent megacaps decline together, the sector indices follow mechanically given their index weight. But the deeper driver was the market's persistent fear that AI