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Data centre boom reveals AI hype’s physical limits

RPT-BREAKINGVIEWS-Data centre boom reveals AI hype’s physical limits The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, July 4 (Reuters Breakingviews) - The craze in artificial intelligence has so far focused on chips made by Nvidia NVDA.O and apps like OpenAI’s ChatGPT. Underpinning this frenzy is a rush to build the infrastructure needed to train and run generative AI (GenAI) models.
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Data centre boom reveals AI hype’s physical limits

BREAKINGVIEWS-Data centre boom reveals AI hype’s physical limits The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, July 4 (Reuters Breakingviews) - The craze in artificial intelligence has so far focused on chips made by Nvidia NVDA.O and apps like OpenAI’s ChatGPT. Underpinning this frenzy is a rush to build the infrastructure needed to train and run generative AI (GenAI) models.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch June 26 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. AIRBUS AIR.PA : Airbus is poised to take over all or part of the operations of four Spirit AeroSystems SPR.N plants as part of an impending deal that involves a carve-up of the U.S.-based aerostructures maker with Boeing BA.N , industry sources said .
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Schneider Electric To Invest $23.8 Million And Create 280 New Jobs In South Carolina

BRIEF-Schneider Electric To Invest $23.8 Million And Create 280 New Jobs In South Carolina June 25 (Reuters) - Schneider Electric SE SCHN.PA : SCHNEIDER ELECTRIC ANNOUNCES $23.8 MILLION INVESTMENT AND 280 NEW JOBS IN SOUTH CAROLINA OPERATIONS AMID ELECTRIFICATION TREND COMPANY FORECASTS 50% SURGE IN U.S. INDUSTRY ELECTRIFICATION BY 2030 ITS INVESTM
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Schneider Electric Launches Offering Of Convertible Bonds

BRIEF-Schneider Electric Launches Offering Of Convertible Bonds June 25 (Reuters) - Schneider Electric SE SCHN.PA : LAUNCHES AN OFFERING OF BONDS CONVERTIBLE INTO NEW SHARES AND/OR EXCHANGEABLE FOR EXISTING SHARES (OCEANES) FOR EUR 750 MLN OFFERING OF SENIOR UNSECURED BONDS IS DUE 2031 NET PROCEEDS OF THE OFFERING WILL BE USED TO FINANCE THE REPURC
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch June 21 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. Alstom ALSO.PA : French train maker booked a new services order in the AMECA region of around 400 million euros. ATOS ATOS.PA : Atos said it reached an agreement on an additional tranche of facilities of 350 million euros ($375 million).
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US natgas stockpiles seen up 69 bcf in week ended June 14

POLL-US natgas stockpiles seen up 69 bcf in week ended June 14 June 20 (Reuters) - U.S. utilities likely added a smaller-than-usual 69 billion cubic feet (bcf) of natural gas into storage last week as low gas prices earlier this year caused drillers to cut output, a Reuters poll showed on Thursday. That compares with an injection of 92 bcf during the same week a year ago and a five-year (2019-2023) average increase of 83 bcf for this time of year.
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Schneider Electric And Aveva Partner With In-Core Systemes

BRIEF-Schneider Electric And Aveva Partner With In-Core Systemes June 20 (Reuters) - Schneider Electric SCHN.PA : SCHNEIDER ELECTRIC AND AVEVA PARTNER WITH IN-CORE SYSTÈMES TO IMPROVE ELECTRIC VEHICLE BATTERY PRODUCTION PROCESS Source text for Eikon: ID:nBw81VfKNa Further company coverage: SCHN.PA (Gdansk Newsroom)
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European shares advance as French political concerns subside

UPDATE 2-European shares advance as French political concerns subside For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Novonesis jumps after FY outlook raise Carrefour slides on possible fine for franchise operations STOXX 600 up 0.7%, utilities lead gains Updated at 1600 GMT By Shashwat Chauhan, Jesus Calero and Shristi Achar A June 18 (Reuters) - European shares closed higher on Tuesday, supported by a slip in government bond yields as
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Data centre power demand to boost European capital goods firms, Jefferies says

BUZZ-Data centre power demand to boost European capital goods firms, Jefferies says ** AI-driven growth in the data centre market is set to fuel electricity demand, which will boost capital goods companies in Europe, Jefferies says ** Growing needs from data centres will increase energy consumption and require expansion and upgrades to the power grid, it says ** It expects data centre electricity consumption to reach 17% CAGR in the U.S.
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Givaudan, National Grid, Schneider Electric

EUROPE RESEARCH ROUNDUP-Givaudan, National Grid, Schneider Electric June 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Givaudan, National Grid and Schneider Electric, on Tuesday. HIGHLIGHTS * Crest Nicholson Holdings Plc CRST.L : RBC raises target price to 250p from 175p * Givaudan SA GIVN.S : JP Morgan raises target price to CHF 4,200 from CHF 3,800 * National Grid NG.L : Barclays cuts target price to 1120p from 1365p * Schne
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US natgas stockpiles seen up just 74 bcf in week ended June 7

RPT-POLL-US natgas stockpiles seen up just 74 bcf in week ended June 7 Repeats POLL originally published on June 12, no changes June 12 (Reuters) - U.S. utilities likely added a smaller-than-usual 74 billion cubic feet (bcf) of natural gas into storage last week as low gas prices earlier this year caused drillers to cut output, a Reuters poll showed on Wednesday.
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US natgas stockpiles seen up just 74 bcf in week ended June 7

POLL-US natgas stockpiles seen up just 74 bcf in week ended June 7 June 12 (Reuters) - U.S. utilities likely added a smaller-than-usual 74 billion cubic feet (bcf) of natural gas into storage last week as low gas prices earlier this year caused drillers to cut output, a Reuters poll showed on Wednesday. That compares with an injection of 90 bcf during the same week a year ago and a five-year (2019-2023) average increase of 89 bcf for this time of year.
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Law firm Kirkland sued in class action over MOVEit data breach

Law firm Kirkland sued in class action over MOVEit data breach By Sara Merken June 10 (Reuters) - U.S. law firm Kirkland & Ellis, the world's largest law firm by revenue, has been pulled into U.S. litigation over a wide-ranging data breach linked to a file transfer tool that compromised data at hundreds of organizations. A proposed class action filed on Friday accused Kirkland and several other companies, including health insurer Humana, of not doing enough to safeguard personal information that
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US natgas stockpiles seen up 90 bcf in week ended May 31

RPT-POLL-US natgas stockpiles seen up 90 bcf in week ended May 31 Repeats to additional subscribers with no changes June 5 (Reuters) - U.S. utilities likely added a smaller-than-usual 90 billion cubic feet (bcf) of natural gas into storage last week, a Reuters poll showed on Wednesday. That compares with an injection of 105 bcf during the same week a year ago and a five-year (2019-2023) average increase of 103 bcf for this time of year.
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The "Super 7" push STOXX to new peak

LIVE MARKETS-The "Super 7" push STOXX to new peak STOXX 600 up 0.8% Traders await ECB policy meeting Tech names continue ascent, up 2% Utilities worst off Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com THE "SUPER 7" PUSH STOXX TO NEW PEAK Traders are having a quiet time before the European Central Bank's almost-certain first interest rate cut in nearly 5 years.
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MS resumes Schneider Electric at 'equal-weight' on valuation

BUZZ-MS resumes Schneider Electric at 'equal-weight' on valuation ** Morgan Stanley resumes coverage of Schneider Electric SCHN.PA with "equal-weight", saying the group's valuation is now "up with high-quality peers" ** The broker sees scope for margins in Energy Management to be the next source of upside for the French industrial group ** Schneide
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BNP Paribas, Renault, Soitec

EUROPE RESEARCH ROUNDUP-BNP Paribas, Renault, Soitec May 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BNP Paribas, Renault and Soitec, on Wednesday. HIGHLIGHTS * BNP Paribas BNPP.PA : HSBC raises target price to EUR 90 from EUR 73 * Darktrace Plc DARK.L : Northland Capital cuts to market perform * Mitchells & Butlers MAB.L : HSBC raises target price to 345p from 320p * Renault RENA.PA : Goldman Sachs raises to buy from neutra
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US natgas stockpiles seen up 85 bcf in week ended May 17

RPT-POLL-US natgas stockpiles seen up 85 bcf in week ended May 17 May 22 (Reuters) - U.S. utilities likely added a smaller-than-usual 85 billion cubic feet (bcf) of natural gas into storage last week as low gas prices earlier this year caused drillers to cut output, a Reuters poll showed on Wednesday. The outlook compares with an injection of 97 bcf during the same week a year ago and a five-year (2019-2023) average increase of 92 bcf for this time of year.
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Capgemini, Schneider Electric Collaborate To Help Companies Achieve Energy Optimization

BRIEF-Capgemini, Schneider Electric Collaborate To Help Companies Achieve Energy Optimization May 23 (Reuters) - Schneider Electric SE SCHN.PA : ANNOUNCED ON WEDNESDAY CAPGEMINI AND SCHNEIDER ELECTRIC COLLABORATE TO HELP COMPANIES ACHIEVE ENERGY OPTIMIZATION Source text for Eikon: ID:nPn41DMzCa Further company coverage: SCHN.PA , CAPP.PA (Gdansk Ne
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