Trane Technologies reported fourth-quarter earnings that surpassed analyst forecasts, driven by record commercial HVAC orders and sustained demand in key sectors like data centers. Management's strategic inventory management and integration of recent acquisitions are seen as pivotal for future performance.
Manufacturing giant Flex posted stronger-than-expected fourth-quarter results, driven by robust demand in data center infrastructure and industrial automation. While consumer electronics remain a weak spot, strategic shifts toward higher-value segments helped lift profitability.
The global foodservice giant Compass Group reports strong Q1 organic revenue growth exceeding 7%, driven by sports & leisure and B&I sectors. Management reaffirms full-year guidance, highlights strategic acquisition integration, and outlines a significant addressable market in data center services amidst evolving AI trends.
Buoyed by surging demand for AI hardware validation, Teradyne posts strong quarterly results and launches a joint venture to tackle high-speed testing in data centers, signaling a strategic push into one of tech's hottest markets.
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.
Deepwater Asset Management's Gene Munster argues that the strategic merger between SpaceX and xAI is fundamentally about building 'data centers in the sky,' a move that could redefine cloud infrastructure and challenge the dominance of the 'Magnificent 7' tech giants.
Digital Realty Trust has confirmed its entry into the Malaysian market with the acquisition of the TelcoHub 1 data center in Cyberjaya. The move, set to close in the first half of 2026, includes adjacent land for future expansion and is seen as a strategic step to deepen the company's interconnectivity across Southeast Asia's growing digital economy.
Powell Industries (NYSE: POWL) reported mixed Q4 2025 results, with revenue slightly missing estimates but earnings beating expectations. The company's outlook remains robust, driven by a record order backlog extending into 2028, with significant momentum in data center and liquefied natural gas (LNG) infrastructure projects.
Elon Musk consolidates his space and artificial intelligence ventures, creating a vertically-integrated tech giant valued at $1.25 trillion. The merger aims to overcome Earth-bound data center limitations by launching computing infrastructure into orbit, while also drawing scrutiny over xAI's regulatory challenges and financial pressures.
The Dallas-based engineering giant posted a dramatic turnaround to profit in its latest quarter, crediting a booming pipeline of AI-driven data center and semiconductor projects alongside strong water sector demand.
While surging electricity demand from AI data centers grabs headlines, GE Vernova's robust performance across natural gas, renewables, and grid services suggests a broader, more sustainable growth trajectory for the energy infrastructure leader.
Elon Musk consolidates his space and AI ventures in a landmark deal, aiming to deploy a constellation of satellites to power next-generation, space-based data centers, with the colossal Starship rocket slated as the primary launch vehicle from 2026.
Elon Musk consolidates his rocket and artificial intelligence ventures, outlining an ambitious vision to deploy data centers in space using SpaceX's Starship, a move valued at $1.25 trillion.
Flex's fiscal Q3 earnings beat expectations, fueled by robust data center growth and a rebound in industrial and health sectors. The company raises its full-year guidance, signaling strong momentum heading into the final quarter.
Shares of data center operator Applied Digital have skyrocketed on the AI infrastructure wave, but soaring costs, persistent losses, and a premium valuation signal significant risks for investors considering a buy now.
Facing unprecedented growth driven by data centers and population influx, the Tennessee Valley Authority announces its largest-ever capital program to add 6.2 GW of new generation, aiming to balance booming industrial demand with stable rates for all customers.
Shares of Trane Technologies climbed after the climate solutions leader topped Q4 earnings estimates and reported a 24% surge in bookings, driven by robust commercial HVAC demand and the expanding AI data center market.
Banks are turning to institutional investors to offload tens of billions in project loans tied to Oracle's AI-driven data center expansion, a move facilitated by rare investment-grade ratings for construction-phase debt.
Elon Musk's consolidation of his rocket and AI companies marks a bold bet on building energy-hungry data centers in space, a decades-old concept now facing its most serious test yet from a mogul with the rockets and capital to try.
Elon Musk's merger of SpaceX and xAI aims to turn a decades-old sci-fi concept—space-based data centers—into a commercial reality. While promising limitless solar power and natural cooling, the ambitious vision faces formidable technical and economic hurdles.
