Data center
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Earnings
$638 billion backlog: Oracle guides $11.6 billion cloud revenue for Q1 2027
Oracle expects its first-quarter 2027 revenue to rise 58% to 64% in the cloud segment, supported by a massive $638 billion order backlog and a significant partnership deal with OpenAI.
Technology
Firmus Technologies targets $30 billion valuation ahead of October ASX float
AI infrastructure firm Firmus Technologies aims to reach a $30 billion market cap by securing new data-center contracts before its planned share listing in October.
Technology
Data Center Spending Rises to $1.8 Trillion by 2050 in a Surge of Artificial Intelligence Investment
Global spending on data centers is projected to reach $1.8 trillion by the end of this decade as the sector evolves from digital infrastructure into a strategic asset sought after by nations and corporations alike.
Top Stories
Technology
CoreWeave CEO cites fear of rapid change amid public pushback at Goldman Sachs conference
Markets
US 10-year Treasury Yield Approaches 5% After Iran Conflict Selloff
Deals
Qualcomm Announces $60 Billion Partnership with Amazon for AI Chips
Business