NEW YORK (Reuters) -Google will fund the training of tens of thousands of new U.S. electricians, the company told Reuters on Wednesday, as Big Tech wades deeper into the country's power industry on its hunt for the massive amounts of electricity needed for its AI expansion. A lack of access to power supplies has become the biggest problem for giant technology companies racing to develop artificial intelligence in energy-intensive data centers, which are driving up U.S. electricity demand after nearly 20 years of stagnation. The situation has led President Donald Trump to declare a national energy emergency aimed at speeding up permitting for generation and transmission projects.
Spending on AI “is holding up like the Rock of Gibraltar,” and Microsoft (MSFT), Amazon (AMZN), and Meta (META) are all still benefiting from the AI Revolution, Dan Ives, a Managing Director and Senior Equity Research Analyst at Wedbush Securities, said recently on CNBC. Ives specializes in the tech sector. Why Ives Remains Largely Bullish […]
SAN DIEGO, April 30, 2025--Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company’s financial results for its second quarter of fiscal 2025 through an earnings release that is available on the Qualcomm Investor Relations website at https://investor.qualcomm.com/financial-information. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov.
Investing.com -- A potential partnership between Toyota (NYSE:TM) and Waymo could be a turning point in the race for autonomous driving technology and poses a serious challenge to Tesla (NASDAQ:TSLA)’s dominance, as per Morgan Stanley.
Shares of the tech and retail giant were recently down nearly 3%, outpacing broader markets’ Wednesday slide.
Wall Street Tumbles as Tech Stocks Sink, GDP Shrinks for First Time Since 2022
The S&P 500 is showing resilience around the 5500 level. The market benchmark was down 0.7% to 5520.83 after falling as low as 5433.24 earlier in the morning. The level has caught the attention of those approaching the index with technical analysis.
Construction management software maker Procore (NYSE:PCOR) will be reporting results tomorrow afternoon. Here’s what to look for.
Electronic equipment provider Vontier (NYSE:VNT) will be reporting earnings tomorrow morning. Here’s what to expect.
Industrial conglomerate SPX Technologies (NYSE:SPXC) will be reporting results tomorrow afternoon. Here’s what to expect.