News

Microsoft (MSFT.O): When the Pecos data center campus is operational, it will operate in conjunction with a co-located natural gas power generation facility.

Hassett, director of the White House National Economic Council: Federal Reserve Chairman Warsh did not seek advice from the White House.

Hassett, director of the White House National Economic Council: Some very large oil tankers are passing through the Strait of Hormuz.

Microsoft (MSFT.O): The new data center campus will create more than 6,000 construction jobs.

Microsoft (MSFT.O): Investment in Pecos data center will reach billions of dollars within 5 to 7 years.

UK Defense Procurement Minister Pollard: I will support Andy Burnham as Prime Minister.

Microsoft (MSFT.O) will build a new data center campus in Pecos, Texas.

Hassett, director of the White House National Economic Council: Lowering the debt-to-GDP ratio is our top priority.

Hassett, director of the White House National Economic Council: There are profits everywhere in the field of artificial intelligence.

SpaceX (SPCX.O) will offer notes to qualified institutional investors and non-U.S. persons, according to SEC filings.

SpaceX (SPCX.O) began its first issuance of senior unsecured bonds and will use net proceeds to repay outstanding borrowings, according to U.S. Securities and Exchange Commission documents.

Chevron (CVX.N) shares rose 1.7% in premarket trading after the company signed a 20-year power agreement with Microsoft for data centers in West Texas.

Chevron (CVX.N): The KILBY project is expected to generate more than $10 billion in tax revenue and create 2,000 jobs.

Chevron (CVX.N): Expects first power delivery from Kilby project in 2028.

Chevron (CVX.N): It is expected to make a final investment decision on the Kilby project by the end of 2026.

Chevron (CVX.N): The Kilby project is expected to provide 2.67 gigawatts of capacity.

Market News: Chevron (CVX.N) and Microsoft (MSFT.O) signed a 20-year power agreement to support data centers in West Texas.

Hungarian Prime Minister Maudjour: Term limits of up to 12 years will be set for legislators.

Hungarian Prime Minister Maugior: The law changes to set the age limit for judges of the Constitutional Court to 70 years old.

The Indian government: India's fertilizer production fell by 0.9% year-on-year in May; steel production in May may increase by 5% year-on-year.