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News
Tour of OpenAI data center in Abilene, Texas
43+ min ago (158+ words) The Lufkin Daily News US judge grants Justice Department bid to dismiss Oath Keepers prosecutions WASHINGTON, Aug 4 - A U.S. judge on Tuesday granted the U.S. SpaceX quarterly revenue surges in debut results but sales p⦠By Akash Sriram Aug 4 (Reuters) - SpaceX said…...
Dow, S&P 500 close at record on AI-linked earnings, Mideast deal hopes
34+ min ago (711+ words) A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 4, 2026. REUTERS/Jeenah Moon A screen displays stock market index data as traders work on the floor at the New York Stock Exchange…...
SpaceX quarterly revenue surges in debut results but sales per subscriber fall | Top News | lufkindailynews.com
34+ min ago (572+ words) Aug 4 (Reuters) - SpaceX said on Tuesday that quarterly revenue nearly doubled and operating losses narrowed sharply in its first earnings report since going public, buoyed by strong growth in its Starlink satellite-internet and AI businesses. It reported April-June revenue of…...
Samsung Electronics launches next-generation AI memory technology
1+ hour, 36+ min ago (310+ words) Aug 4 (Reuters) - Samsung Electronics introduced a new generation of artificial intelligence memory technology on Tuesday, seeking to reinforce its chipmaking lead in the booming AI market. The world's largest memory chip manufacturer chose this year's Future of Memory and Storage…...
Caterpillar lifts 2026 sales growth forecast as AI buildout powers on
4+ hour, 15+ min ago (437+ words) A couple looks at a Caterpillar 306 mini-excavator, with in-cab CAT AI Assistant, during CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 7, 2026. REUTERS/Steve Marcus Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter…...
AI-linked earnings, Mideast deal hopes send Dow, S&P 500 to record highs
2+ hour ago (687+ words) A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 4, 2026. REUTERS/Jeenah Moon A screen displays stock market index data as traders work on the floor at the New York Stock Exchange…...
Jefferies gets new evidence of fake invoices at troubled fund, Bloomberg News reports
2+ hour, 35+ min ago (226+ words) The company logo for Jefferies Financial Group Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 30, 2025. REUTERS/Jeenah Moon Aug 4 (Reuters) - Jefferies has been told that some of the…...
Caterpillar lifts 2026 sales growth forecast as AI buildout powers on; shares surge 12%
7+ hour ago (428+ words) A couple looks at a Caterpillar 306 mini-excavator, with in-cab CAT AI Assistant, during CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 7, 2026. REUTERS/Steve Marcus Aug 4 (Reuters) - Caterpillar raised its annual revenue growth forecast after beating second-quarter…...
CoreWeave expands into Indonesia, announces first data center in Asia-Pacific
8+ hour, 1+ min ago (251+ words) CoreWeave logo is seen in this illustration taken July 20, 2026. REUTERS/Dado Ruvic/Illustration Aug 4 (Reuters) - AI cloud computing company CoreWeave said on Tuesday it is expanding into Indonesia and adding three new facilities in the country, marking the firm's first…...
Stocks rise despite higher oil prices as Iran tensions persist
9+ hour, 36+ min ago (648+ words) A person walks past a stock quotation board showing the Nikkei share average outside a brokerage in Tokyo, Japan, June 16, 2026. REUTERS/Manami Yamada The Palais Brongniart, former Paris Stock Exchange, located at Place de la Bourse in Paris, France, April…...