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Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower

Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower AI-related stocks are sliding late in the New York cash session after Bloomberg News reported that Oracle and OpenAI have scrapped plans to expand the Stargate AI data center in Abilene, Texas, from about 1.2 GW to 2.0 GW. Sources said the expansion was canceled after talks stalled over financing issues and OpenAI's changing demand forecasts. However, the collapse of the Oracle-OpenAI plans has opened the door for Meta, which is now in talks to lease the...
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Feb 22, 2026 / Tyler Durden
Fico Threatens To Cut Ukraine's Emergency Power As Russian Oil Transit Fight Escalates
Fico Threatens To Cut Ukraine's Emergency Power As Russian Oil Transit Fight Escalates Slovakia's populist Prime Minister and pro-Trump ally Robert Fico has drawn an unexpectedly hard line in his country's ongoing energy showdown with Ukraine: restore Russian oil flows, or else a key emergency electricity lifeline for Ukraine gets pulled. In a weekend post on X, Fico warned that unless Ukraine resumes pumping Russian crude to Slovakia by Monday, Bratislava will cut off its emergency power exports. This is an immense threat given current frigid subzero temperatures in war-ravaged Ukraine. "If...
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Feb 15, 2026 / Tyler Durden
Leftists Install Unauthorized Sirens Across LA To Warn Illegals Of ICE Raids
Frédéric Bastiat
That Which Is Seen, and That Which Is Not Seen

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