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Bloom Energy Erupts On Beat, Guidance Upgrade As On-Site Data Center Power Demand Soars
Bloom Energy Erupts On Beat, Guidance Upgrade As On-Site Data Center Power Demand Soars
Clean-power company Bloom Energy surged early in the U.S. cash session after reporting earnings Tuesday after the close, raising its full-year revenue and margin guidance on rising demand from data centers and other commercial customers.
The maker of solid oxide fuel cell systems, branded as Bloom Energy Servers, that generate electricity on-site for customers, posted a profit of $70.7 million, or 23 cents a share, compared with a loss of $23.8 million, or 10 cents a share,...
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Jul 9, 2026 / Tyler Durden
Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
Starbucks Using AI To Build Software Replacing Applications It Buys From Microsoft, IBM
Corporate America has been desperate to see a burst of productivity (i.e., cost cutting) emerging from the latest flood of agentic AI euphoria, and it is slowly starting to get it. Not everyone will be pleased.
Starbucks is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft and IBM.
According to Bloomberg, the coffee chain, whose stock price has gone nowhere in the past 3...
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Jul 22, 2026 / Tyler Durden
Trump Greenlights Saudi Nuclear Deal, Uranium Enrichment In The Kingdom Possible
Trump Greenlights Saudi Nuclear Deal, Uranium Enrichment In The Kingdom Possible
President Trump has formally approved a landmark 30-year civil nuclear cooperation agreement with Saudi Arabia that could be worth tens of billions of dollars and put American companies at the center of the kingdom's nuclear buildout, according to the Wall Street Journal.
The accord is expected to be signed Wednesday by US Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman, then head to Congress for a 90-day review. Lawmakers could block it through a joint resolution,...
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Jul 8, 2026 / Ludwig von Mises
Preface to the English-Language Edition
Ludwig von Mises’s preface to the English edition: what classical liberalism is, why its program rests on private property, and how “liberal” came to mean nearly its opposite in America.
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