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BOFA DATA CENTRE FORECAST
US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFAGlobal data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand...- Data center spending to more than double to $2.1 trillion by 2028Data center spending has been a fast-growing source of revenue for industrial firms that make generators, construction equipment, switchgea...
- IBM falls as analysts question staying power of software reboundIBM shares fell 6.5% in premarket trading on Thursday, as analysts said part of the company's third-quarter software rebound was driven by ...
- High-voltage reality: ‘Data hubs need stable grids more than sops’As states roll out the red carpet to attract private investments in artificial intelligence (AI) and cloud infrastructure, delivering unint...
- EssilorLuxottica's smart glasses boom runs into tougher regulatory scrutinySmart glasses that resemble ordinary eyewear are under increased scrutiny from European regulators and advocacy groups, leaving investors q...
- It’s unity in diversity to draw data centresStates play on their uniquestrengths with RE-relatedincentives, powered sites & easier energy procurement.
- Meta’s AI spending and Muse adoption set to test Zuckerberg’s strategyMeta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The co...
- Festive ecommerce season off to strong start, Flipkart DAUs hit new high: BofA reportIndia's 2026 festive ecommerce season has initiated with strong performance from online retail platforms. Flipkart saw a significant increa...
- Meta's AI spending, Muse assistant adoption in focus for quarterly resultsMeta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...
- Vinci wins cooling plant contract at data center in Iberian peninsulaVinci SA has secured a major contract to build a cooling plant for a data center located in the Iberian Peninsula. This deal is worth €165 ...
- Paras Healthcare secures Rs 652 cr from anchor investors; IPO to open on Oct 21According to circulars uploaded on exchanges' websites, Paras Healthcare has allotted 94,15,584 equity shares to 39 funds at Rs 693 apiece,...
- Paras Healthcare IPO opens Oct 21, sets price band at 660-693 per shareParas Healthcare has fixed the IPO price band at Rs 660-693 per share for its Rs 1,450 crore issue, which opens on October 21. The offering...
- India's data centre policy in works, says Jitin PrasadaIndia's government is preparing a data centre policy to enhance the hyperscale data centre sector. The proposed policy aims to streamline a...
- India to roll out data centre policy as concerns grow over power useIndia is preparing a dedicated data centre policy to address concerns over electricity consumption and protect consumers from higher power ...
- Singapore data centre developer DayOne's billings surpass 1 gigawattSingapore-based data centre developer DayOne said on Wednesday its total billings exceeded 1 gigawatt (GW), a day after financing for its e...
- Bank of America loses bankers, tells staff of big ambition, continued hiringRecent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
- US stocks muted as tech weakness offsets energy gains; earnings in focusThe S&P 500 and Nasdaq saw slight declines on Monday, primarily due to weaker technology stocks. Strength in energy and communication servi...
- Trent shares hit 10% upper circuit after Q2 revenue rises 23% YoY to Rs 5,788 crore. Should you buy, sell or hold?Tata Group retail arm Trent reported a 23% year-on-year surge in Q2FY27 standalone revenue to Rs 5,788 crore, supported by strong growth ac...
- Tata Group stock! BofA turns bullish on Trent, initiates coverage with Buy, pegs 17% upsideBofA Securities initiated coverage on Trent with a Buy rating and Rs 3,075 price target, citing its differentiated retail model, Zudio and ...
- RBI may raise repo rate by 100 bps through H1 2027: BofA SecuritiesBank of America Securities has revised its forecast for the Reserve Bank of India’s interest rate hikes. It now anticipates a total increas...
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