Texas Approves AI Data Center Co-Location Next To Wind Farm, With Curtailment Caveats

Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition Not a great night for SaaS... Given the eight straight days of gains for Software stocks, one could argue that the death of code-base companies was greatly exaggerated (cough -dead-cat bounce - cough), but not every boat is being lifted by this massive short-squeeze rebound JPMorgan Trader Brian Heavey said earlier that it "seems we are moving from 'SAAS is dead' to 'maybe they can co-exist'", but it appears one software firm is indeed 'no more'. In...

'Eliminating Energy Blockade Top Priority' As Cuba Confirms Direct Talks With US Cuba confirmed on April 20 that it recently held direct talks with U.S. officials in Havana, marking a rare diplomatic engagement as tensions persist over Washington’s long-standing economic restrictions on the communist nation. Alejandro Garcia del Toro, deputy director general for U.S. affairs at Cuba’s Ministry of Foreign Affairs, said in remarks published on April 20 by Cuban Communist Party newspaper Granma that discussions were underway. “This is a delicate matter which, as we have already said, we are handling...

Stocks Jump, Oil Tumbles After IEA Calls Extraordinary Meeting To Decide On SPR Release With oil reversing much of the overnight losses as we neared the start of US cash open trading, futures slumped and it felt like we were back to square one.  That's when the jawboning out of the G7 members - many of whom are already at their breaking point in terms of soaring input costs - decided to double down on the jawboning rhetoric from yesterday - and hinted strongly that an SPR release could be imminent.  The...