Inside one of Equinix’s internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Amanda Andrade-Rhoades | The Washington Post | Getty Images The backlash against artificial intelligence data centers could prove a tailwind for real estate investment trusts in the sector. Protests have sprung up nationally as hyperscalers look to build…
File: A boat of the Iranian Revolutionary Guard at undisclosed location off the coast of Bandar Abbas, Iran August 2019. Nazanin Tabatabaee | WANA | Reuters The U.S. military on Tuesday said an unmanned submersible that Iran reportedly seized in the Strait of Hormuz was “defective” and carried no sensitive data or classified equipment. “An…
The great Jim Cramer is often found of saying, “It doesn’t matter where a stock has been, only where it’s going.” It’s fantastic advice, and worth remembering when looking at shares of Vertiv Holdings. Vertiv, headquartered in Westerville, Ohio, is an electrical power equipment manufacturer, and many of the DC power systems, heat rejection and…
Rep. Chris Pappas, D-N.H., Democratic candidate for U.S. Senate and Dr. Karishma Manzur, Democratic US Senate candidate for New Hampshire. Tom Williams | CQ-Roll Call, Inc. | Mel Musto | Bloomberg | Getty Images New Hampshire voters head to the polls Tuesday to nominate candidates for a key U.S. Senate race to replace the retiring…
A Boeing 747 (top) belonging to the Iranian Mahan Air airline is photographed at Mehrabad Airport in western Tehran, Iran, on October 16, 2024. Morteza Nikoubazl | Nurphoto | Getty Images The Treasury Department on Tuesday sanctioned 27 Iranian airlines and a handful of other entities as part of its ongoing effort to isolate Iran’s…
Qualcomm shares rose 4% on Tuesday after the company announced a data center infrastructure partnership with Amazon Web Services, a major win as the chipmaker tries to take on Nvidia in the artificial intelligence market. As part of the agreement, Qualcomm said in a filing with the Securities and Exchange Commission that it issued Amazon…
The Houses of Parliament are seen on June 28, 2024 in London, England ahead of the UK general election. Peter Nicholls | Getty Images News | Getty Images The U.K. government is pushing ahead with planned sanctions targeting Israeli settlements in the occupied West Bank, despite U.S. officials and lawmakers warning of economic consequences for…
Buffalo, New York. Sean Pavone | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to…
AstraZeneca on Tuesday released full results from two successful late-stage trials on its experimental drug for chronic obstructive pulmonary disease, boosting hopes that it could generate multibillion-dollar sales for the company. The biologic medicine, tozorakimab, is under priority review by the Food and Drug Administration, with U.S. approval expected in the first quarter of 2027….
The Trump administration has been trying to build up the U.S. battery supply chain and reduce its reliance on China. But the funding it has set aside for the effort is small compared with what would be needed to substantially loosen China’s grip on the industry, according to analysts and executives who spoke with CNBC. …
