News

British MP Burnham: (When asked whether he would call a general election) Such an idea is a bit too forward-thinking.

Goldman Sachs: Lowered its estimate of the risk of a U.S. economic recession within 12 months to 15%, compared with the previous forecast of 25%.

The Reserve Bank of India sold a net $8.944 billion in the foreign exchange market in April.

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.

Hassett, director of the White House National Economic Council: Artificial intelligence companies are making huge profits.

Hassett, Director of the White House National Economic Council: Alan Greenspan is an outstanding thinker.

White House National Economic Council Director Hassett: Condolences to the family of Alan Greenspan.

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.