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Business

Johnson Controls Kicks Off Fiscal 2026 with Record Orders, Raises Full-Year Outlook on Data Center and Life Sciences Surge

Johnson Controls International (JCI) reported a robust first quarter, exceeding expectations and raising its full-year earnings guidance. The company cited record order growth, particularly in data center and life sciences segments, alongside significant margin expansion. Executives highlighted a record $18 billion backlog but noted timing challenges for near-term revenue conversion.

Business

Power Giants NextEra and Xcel Forge Alliance to Fuel AI Data Center Boom

NextEra Energy and Xcel Energy have formed a strategic partnership to accelerate the development of power infrastructure—including renewables, storage, and grid tech—specifically to meet the surging electricity demands of AI data centers. The move underscores how utilities are scrambling to adapt to a new era of concentrated, power-hungry loads.

Business

From Coal to Critical Minerals: Ramaco Resources Bets Big on Rare Earths

Ramaco Resources, a disciplined Appalachian metallurgical coal producer, is pivoting to become a potential U.S. champion in rare earths. With a transformative discovery at its Wyoming Brook Mine, the company aims to build a vertically integrated critical minerals platform, offering investors a unique blend of cash-generating coal operations and high-stakes strategic growth.