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Investing.com74d agoneutral
OpenAI plans $30B Georgia data center mega-project

Investing.com -- OpenAI is planning a massive data center complex in Effingham County, Georgia, near Savannah, according to The Wall Street Journal. The project underscores the extreme capital and energy demands required to power the next generation of AI. Core Project Details Power & Cost: OpenAI secured 3.2 gigawatts (GW) from Georgia Power—enough for ~2.4 million homes. It committed $20 billion locally to secure incentives, with total costs expected to exceed $30 billion at full capacity. Tim

AI isn't 'the whole game' for Alphabet: Strategist previews Q2 earnings
Yahoo Finance Video74d agoneutralVIDEO
AI isn't 'the whole game' for Alphabet: Strategist previews Q2 earnings

US stock futures (ES=F, NQ=F, YM=F) are sliding in Wednesday's pre-market trading as investors eagerly await second quarter earnings from Alphabet (GOOG, GOOGL) and Tesla (TSLA) after today's closing bell, officially kicking off earnings season for the Magnificent Seven. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Fundstrat economic strategist Hardika Singh to discuss the outlook around this earnings season and which segments of Alphabet's business that investors will be watching more closely.

Zelle must face New York attorney general lawsuit over 'rampant' fraud, judge rules
Reuters74d agobearish
Zelle must face New York attorney general lawsuit over 'rampant' fraud, judge rules

A judge rejected Zelle's bid to dismiss a lawsuit by New York Attorney General Letitia James, who said the electronic payment platform's refusal to ‌adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers. In a decision ‌late Monday, Justice Phaedra Perry-Bond of a New York state court in Manhattan said James sufficiently alleged that Zelle's parent Early Warning Services "prioritized ​accessibility, convenience, consumer adoption, and market dominance at the expense of consumer safety" in rushing the platform to market, despite objections from its banking partners. Early Warning Services is owned by seven large U.S. banks: Bank of America, Capital One, JPMorgan Chase, PNC, Truist, U.S. Bank and Wells Fargo.

How Will RTX Stock React To Its Upcoming Earnings?
Trefis74d agoneutral
How Will RTX Stock React To Its Upcoming Earnings?

RTX (NYSE:RTX) is set to report its earnings on Thursday, July 23, 2026. The company has $261 billion in current market capitalization. Revenue over the last twelve months was $90 billion, and it was operationally profitable with $9.8 billion in operating profits and net income of $7.3 billion. While a lot will depend on how results stack up against consensus and expectations, understanding historical patterns might just turn the odds in your favor if you are an event-driven trader.

Investing.com74d agobullish
3 energy storage-focused stocks upgraded at Citi

Investing.com -- Several clean energy companies received rating upgrades from analysts who pointed to improving growth prospects in domestic manufacturing, energy storage demand and hyperscale data center opportunities, despite ongoing policy and execution risks.

GE Vernova Q2 Earnings Call Highlights
MarketBeat74d agoneutral
GE Vernova Q2 Earnings Call Highlights

GE Vernova (NYSE:GEV) raised its 2026 revenue and free cash flow outlook after reporting sharply higher second-quarter orders, expanded backlog and stronger margins, as management said demand for power generation and grid equipment continues to accelerate globally. Chief Executive Officer Scott Str

Samsung unveils wider foldable phone, hikes prices as chip costs rise
Reuters74d agoneutral
Samsung unveils wider foldable phone, hikes prices as chip costs rise

Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples ‌with rising memory chip prices while bracing for a new threat from Apple ‌in the niche but growing segment. The South Korean technology company pioneered foldable smartphones but its dominance is set to ​be challenged by Apple which analysts expect this year to launch a foldable phone with a screen similar in size to an iPad mini. "Strategically, this is one of Samsung's most important foldable launches," said Francisco Jeronimo, vice president at researcher IDC.

Bloomberg74d agoneutral
OpenAI Plans to Spend Over $30 Billion on Georgia Data Center

(Bloomberg) -- OpenAI plans to spend tens of billions of dollars on a massive new data center near Savannah, Georgia as part of the ChatGPT maker’s push to keep up with surging demand for artificial intelligence software. Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Rest

What Will a Folding iPhone Look Like? Samsung’s New Fold8 Offers Clues
The Wall Street Journal74d agoneutral
What Will a Folding iPhone Look Like? Samsung’s New Fold8 Offers Clues

Samsung’s new Galaxy Z Fold8 is the lightest book-style foldable phone on the market, but that’s not the headline. Based on analyst reports, it’s a preview of Apple’s long-rumored folding iPhone, expected this fall. The device is squatter and wider than Samsung’s previous foldables.