Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs. The results suggest that demand stayed strong for AI chip designers such as Nvidia, Advanced Micro Devices and Broadcom, all of which rely on TSMC, the world's dominant producer of c...
Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs. The results suggest that demand stayed strong for AI chip designers such as Nvidia, Advanced Micro Devices and Broadcom, all of which rely on TSMC, the world's dominant producer of cutting-edge processors. Growing investor pressure on large technology companies such as Microsoft, Meta and Amazon to deliver clearer returns on AI investment has raised doubts about how long the chip spending boom can last.
U.S. Bancorp press release ( USB ): Q1 GAAP EPS of $1.18 beats by $0.04 . Revenue of $7.29B (+4.7% Y/Y) in-line. Net revenue of $7,288 million, includingyear-over-year increases of 4.1% in netinterest income (taxable-equivalent basis)and 6.9% in fee revenue Return on average assets of 1.15% andefficiency ratio of 58.2%, both improved ona year-over-year basis CET1 capital ratio of 10.8% at March 31...
U.S. Bancorp press release ( USB ): Q1 GAAP EPS of $1.18 beats by $0.04 . Revenue of $7.29B (+4.7% Y/Y) in-line. Net revenue of $7,288 million, includingyear-over-year increases of 4.1% in netinterest income (taxable-equivalent basis)and 6.9% in fee revenue Return on average assets of 1.15% andefficiency ratio of 58.2%, both improved ona year-over-year basis CET1 capital ratio of 10.8% at March 31,2026 Shares -1.10% PM. More on U.S. Bancorp U.S. Bancorp: Buy The Floating Preferred Shares In Neutral Rate Environment (Rating Upgrade) U.S. Bancorp (USB) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript U.S. Bancorp H PFD Vs. Owning One Of The 4 Fixed-Rate PFDs U.S. Bancorp Q1 2026 Earnings Preview Amazon to launch new small business credit cards in partnership with U.S. Bank, Mastercard
EDP SA has paused three US wind projects due to limited policy visibility under the Trump administration, underscoring how regulatory uncertainty is weighing on renewable energy investment decisions. The projects — located in Massachusetts, New York and California — have been scaled back to minimum activity levels, including reductions in staffing to maintain essential work, according to Chief Exe...
EDP SA has paused three US wind projects due to limited policy visibility under the Trump administration, underscoring how regulatory uncertainty is weighing on renewable energy investment decisions. The projects — located in Massachusetts, New York and California — have been scaled back to minimum activity levels, including reductions in staffing to maintain essential work, according to Chief Executive Officer Miguel Stilwell d’Andrade . “They’re in hibernation mode,” Stilwell d’Andrade said in an interview at the company’s Lisbon headquarters on Wednesday, adding that EDP has held off taking final investment decisions to avoid potential losses. “We’ve basically parked our projects to wait for better days.” He said EDP was “lucky” it hadn’t yet started construction or deployed significant capital. “I know some of our peers were halfway across the bridge,” Stilwell d’Andrade added. “We hadn’t started crossing the bridge yet, we were getting ready to cross it and so we stopped.” The projects are controlled by Ocean Winds, a joint venture between the Portuguese utility’s renewables unit, EDP Renováveis SA, and France’s Engie SA. Stilwell d’Andrade said he is pleased with the partnership, which combines the offshore assets of both companies, brushing aside speculation that EDP may be considering selling its stake in the venture. “They’ve been a good partner and I think we’ve also been a good partner,” Stilwell d’Andrade said. Since returning to the White House, US President Donald Trump has moved to curb renewable energy while boosting fossil fuels, halting federal approvals for wind projects on his first day in office and triggering months of uncertainty. Trump’s “One Big Beautiful Bill” compounded the pressure by making projects harder to finance. The administration has also signaled it could revoke approvals for offshore wind projects cleared under the previous government but not yet under construction. Last month, the US released TotalEnergies SE and its partners f...
Kraken Robotics ( KRKNF ) said it has received ~$28M in new orders for its SeaPower batteries and synthetic aperture sonar system. “These orders include battery contracts from three large international defence companies and a SAS order from a new commercial uncrewed underwater vehicle (UUV) manufacturer,” said Greg Reid , President and CEO of Kraken Robotics. More on Kraken Robotics Inc. Kraken Ro...
Kraken Robotics ( KRKNF ) said it has received ~$28M in new orders for its SeaPower batteries and synthetic aperture sonar system. “These orders include battery contracts from three large international defence companies and a SAS order from a new commercial uncrewed underwater vehicle (UUV) manufacturer,” said Greg Reid , President and CEO of Kraken Robotics. More on Kraken Robotics Inc. Kraken Robotics: Iran War Signals That The Next Arms Race Is Underwater Kraken Robotics: Attractive Business, Challenging Valuation Kraken Robotics to buy Covelya Group for $615M, raise $350M Historical earnings data for Kraken Robotics Inc. Financial information for Kraken Robotics Inc.