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Energy
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From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
03 November 2024A huge upswing in the number of data centers shows no signs of slowing down, prompting Big Tech to consider how best to power the AI revolution.
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Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement
01 November 2024Tech companies are investing in nuclear power as they hunt for carbon-free, reliable electricity to support artificial intelligence data centers.
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Exxon CEO on U.S. election: 'Not sure how 'drill, baby, drill' translates into policy'
01 November 2024Oil production will be driven by market dynamics, not the outcome of the presidential election, Darren Woods said.
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Exxon beats earnings estimates, increases fourth-quarter dividend
01 November 2024Exxon's stock rose in early trading after beating earnings expectations.
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Chevron beats earnings expectations, returns more than $7 billion to shareholders
01 November 2024Chevron's stock is largely flat for the year, underperforming the S&P 500 energy sector which has gained more than 6%.
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China's Zeekr reports EV deliveries in October nearly doubled, clocks its best monthly numbers
01 November 2024Several major Chinese electric car companies are yet to release deliveries data for October.
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Oil giant Shell posts $6 billion profit beat, launches new share buyback program
31 October 2024British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.
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Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
31 October 2024The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.
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FTX's Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud
30 October 2024Nishad Singh was the fourth former FTX executive to be handed a punishment tied to the collapse of the crypto exchange in late 2022.
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U.S. crude oil edges lower after worst day in two years
29 October 2024Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.