Core US Factory Orders Surged In March To Best YoY Growth Since Nov 2022

Target Hospitality Jumps As Data Center Boom Fuels Demand For Worker Camps Target Hospitality shares jumped in premarket trading after the company announced a new contract to provide mobile housing solutions and related hospitality services for workers at data center construction projects. The 48-month contract could generate upward of $750 million in revenue for Target Hospitality, which builds, owns, leases, and operates large temporary or semi-permanent "communities" for workers of major projects. The contract covers 3,370 beds. Historically, Target Hospitality generated revenue from energy, natural resources, and government-related customers, but since the...

Israeli attacks pounded targets across Gaza on Sunday and Monday, killing at least seven Palestinians and wounding 17, according to the daily update from Gaza’s Health Ministry. One strike on Monday targeted a bicycle in Gaza City, killing one person and critically injuring a child, according to the Quds News Network. QNN put the 24-hour […]

Alibaba Unveils China's Most Powerful AI Chip In $53 Billion Gambit Alibaba Group has unveiled the Zhenwu V900, an AI accelerator it calls China's most powerful, marking a major escalation in its effort to challenge Nvidia and build a vertically integrated artificial-intelligence stack stretching from chips and networking to models and hyperscale data centers. Alibaba booth at the 3rd China International Supply Chain Expo at the China International Exhibition Center in Beijing, Friday, July 18, 2025 (Mahesh Kumar / AP)Unveiled by CEO Eddie Wu at Alibaba's Apsara Conference, the new processor...