The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share ...

The data center, initially set to run on 100 MW of power and scalable up to 300 MW, marks one of the first large-scale ...

Switch this week announced a new ultra-dense data center design focused on AI hardware. Known as EVO AI Factories, the new ...

CoreWeave (NASDAQ:CRWV) stock rose 6.3% in pre-market trading after the AI Hyperscaler announced plans to invest up to $6 billion in a new state-of-the-art data center in Lancaster, Pennsylvania.

Most of the old guard's biggest AI-driven gains have happened. It's time for the next generation of AI stocks to step into ...

Record-high U.S. stock prices and $68 billion of net client inflows boosted the investment firm. Bank of New York Mellon logged higher-than-expected earnings and revenue in the second quarter, helped ...

CoreWeave plans to spend up to $6 billion on building a new artificial intelligence data center in Pennsylvania, as part of a ...

CoreWeave Inc., a provider of AI computing power to companies including OpenAI Inc. and Microsoft Corp., said it plans to ...

Keep on top of the latest and biggest stories with this quick update on what you need to know today.

U.S. inflation is forecast to come in at 2.7% in the 12 months to June, which would be a key sign for economists that tariffs ...

Investing in Nebius Group N.V. represents getting to invest with a world class entrepreneur now freed from political ...

Nebius Inc. (NASDAQ: NBIS) soared 17% on Monday after Goldman Sachs initiated coverage with a “Buy” rating and a $68 price target — implying roughly 39% upside from current levels. The investment bank ...