A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres for 6.6 billion Singapore dollars ($5.1 billion), KKR said in a statement…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images Futures tied to the S&P 500 were near the flatline Tuesday night after traders’ rotation out of tech names dragged the broad market index to a losing…
The demand for power consumed by data centers is expected to more than double from 292 terawatt-hours (TWh) in 2026 to 606 TWh by 2030, according to McKinsey & Company. In percentage terms of total U.S. power demand, that’s a jump from 6.5% in 2026 to 11.7% by 2030. If you think that’s an overly…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings that topped expectations, but the company’s first-quarter forecast fell short of what some…
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images Apple said it’s introducing agentic coding into its flagship coding tool called Xcode, throwing its weight behind one of the hottest trends in Silicon…
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel CEO Lip-Bu Tan said Tuesday that the chipmaker has appointed a new chief architect to build out graphics processing units, or GPUs….
The Trump administration’s new minerals stockpile initiative — dubbed “Project Vault” — can include anything identified as “critical” by the U.S. Geological Survey, a White House official told CNBC Tuesday. The agency, part of the Interior Department, lists more than 50 minerals as critical. These include rare earths, lithium, uranium and copper and are deemed…
Novo Nordisk signage on the floor of the New York Stock Exchange in New York, US, on Friday, Jan. 2, 2026. Michael Nagle | Bloomberg | Getty Images Novo Nordisk‘s U.S. shares plummeted Tuesday after the company said it sees sales and profit growth declining this year, hit by lower prices in the U.S. and…
The oil tanker “Grinch” (R), suspected of belonging to the Russian’s shadow fleet, is seen outside the coast of Martigues near the port of Marseille-Fos on January 25, 2026, as it’s surveilled by the French Navy. Thibaud Moritz | Afp | Getty Images President Donald Trump announced a U.S. trade deal with India on Monday…
President Donald Trump greets Indian Prime Minister Narendra Modi to the White House in Washington, Monday, June 26, 2017. Alex Brandon | AP U.S. President Donald Trump’s announcement Monday that he has agreed a trade deal with India comes hot on the heels of Europe’s own trade agreement with New Delhi, signaling Washington is not…
