The AI data center operator outlines revenue goals across colocation, GPU-as-a-service, and energy sales for fiscal 2027. Digi Power X Inc (NASDAQ:DGXX) set fiscal 2027 revenue targets of $250 million to $300 million across its three segments. The company expects its AI co
A $300 billion spending package and rising core PCE pressure the Fed as traders split on rate cuts or hikes ahead of key deadlines. A $300 billion fiscal package set for September threatens to disrupt the Federal Reserve’s 200-day rate pause, with core PCE at its 90th perc
Aiming to give freight brokers and shippers access to real-time carrier and broker data without additional cost, AscendTMS has integrated carrier intelligence provider SearchCarriers into its Carrier Verification and Qualification (CVQ) system. The integration allows Searc
The administration considers employer-funded retirement accounts requiring 12% contributions to supplement Social Security benefits. President Trump announced on July 6, 2026, plans to explore Australia-style retirement accounts, which mandate employer contributions of rou
Shell expects to have booked significantly higher oil and LNG trading results in the second quarter of the year as the Iran war drove extreme volatility in energy commodity markets. Shell expects its trading and optimization result in the integrated gas division to be sign
The energy major forecasts stronger integrated gas trading results despite a 30% quarterly decline in production due to Middle East conflict. Shell expects its integrated gas trading and optimization business to deliver significantly better results in the second quarter, c
The company will discontinue manufacturing process control software to prioritize higher-margin AI design solutions. Synopsys will phase out its semiconductor manufacturing process control software suite, redirecting resources toward AI-driven chip design tools. The move t
Iran postpones talks due to threats Iran has postponed the next round of talks by a week, citing funeral processions as the reason. The postponement comes amid concerns over threats, with Iran stating that negotiations on a final deal will not commence if threats c
Missile strikes by Iran's Revolutionary Guards damaged two ships in a key oil transit chokepoint, raising regional supply risks. Iran’s Revolutionary Guards launched at least two missiles at commercial ships in the Strait of Hormuz late Monday, causing significant damage t
Japan’s economic policy chief states fiscal discipline remains unchanged in the government’s economic blueprint amid market scrutiny. Japan’s Minister of State for Economic and Fiscal Policy, Minoru Kiuchi, reiterated that Tokyo is not relaxing fiscal discipline, with the
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