$615,000 a Day: Order to Keep Coal Plant Open Ignites Debate in Michigan

Calpine and CyrusOne have expanded their power agreement to provide 400 megawatts for a Texas data center, a significant increase that highlights the growing demand for energy in the tech sector. This expansion not only supports the operations of the data center but also reflects the commitment of both companies to meet the energy needs of the digital economy, ensuring reliability and sustainability in power supply.

Eaton has made a significant move in the technology sector by acquiring Boyd Thermal for $9.5 billion, enhancing its data center capabilities. This acquisition is crucial as it positions Eaton to better meet the growing demand for efficient and reliable data center solutions, reflecting the company's commitment to innovation and sustainability in a rapidly evolving market.

Jefferies has initiated coverage of DT Midstream with a Buy rating, highlighting the company's potential for growth driven by the increasing demand for data centers. This is significant as it reflects investor confidence in DT Midstream's ability to capitalize on the booming data center market, which is crucial for the future of technology and connectivity.

SK Hynix's shares have soared to a 26-year high following their collaboration with Amazon on data centers. This partnership is significant as it highlights the growing demand for advanced semiconductor technology, driven by the expansion of cloud computing and data storage needs. Investors are optimistic about the future prospects of SK Hynix, seeing this collaboration as a key driver for growth in a competitive market.

Understanding the cost of a gigawatt (GW) of data center capacity is crucial for businesses and investors in the tech industry. As demand for data storage and processing continues to rise, knowing the financial implications helps stakeholders make informed decisions about infrastructure investments. This article breaks down the factors influencing costs, providing insights that can guide future planning and budgeting.

Analysts are predicting a significant growth in the market for data center cooling technology, potentially reaching $40 billion. This surge is crucial as businesses increasingly rely on efficient cooling solutions to manage the rising demand for data processing and storage. As technology advances and the need for sustainable practices grows, investments in innovative cooling methods could not only enhance operational efficiency but also contribute to environmental sustainability.

The dollar has softened against various currencies as investors digest recent comments from Federal Reserve officials, which reveal differing opinions on the potential for interest rate cuts. This divergence in views is significant as it could influence future monetary policy and market stability, making it a key point of interest for traders and economists alike.

Baird has upgraded Waste Management's stock rating to 'Outperform', highlighting its attractive valuation. This upgrade is significant as it reflects confidence in the company's future performance and potential for growth, which could lead to increased investor interest and potentially higher stock prices.

In a recent update, analysts from Goldman Sachs have indicated that Rachel Reeves's upcoming budget speech may lead to a decrease in government borrowing costs. This is contingent on her ability to reassure bond markets about her commitment to addressing the deficit. As tax rises seem inevitable, this speech is crucial for maintaining market confidence and could have significant implications for the economy.

Gunvor's CEO, Torbjörn Törnqvist, announced that the acquisition of Lukoil's international assets marks a significant 'clean break' for the company. This deal is important as it not only expands Gunvor's portfolio but also reflects a strategic shift in the energy market, potentially leading to new opportunities and stability in the sector.

AB Foods is considering separating its Primark clothing business from its food operations due to a projected decline in sales and lower operating margins for Primark in the coming year. This decision highlights the challenges faced by the retail sector, particularly in clothing, and could signal a significant shift in the company's strategy to focus on more profitable areas.

Aker ASA has reported impressive third-quarter results, showcasing significant growth and profitability. The company is not only thriving financially but is also expanding its investments in artificial intelligence and real estate, indicating a strategic move towards future-oriented sectors. This is important as it highlights Aker's commitment to innovation and diversification, positioning itself well in a competitive market.