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US stock market hits record highs as AI profits pile and oil prices ease

S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months agoThe US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.The S&P 500 shot up 1.8%, and the main measure of Wall Street’s

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Texas halts data center connections to power grid amid overwhelming demand

Nowhere is the US data center boom bigger than in Texas. But less than a year after declaring Texas the “epicenter of AI development,” Governor Greg Abbott has declared a moratorium on all new power grid connections for data centers—at least until developers provide more information about their projects’ potential impacts on the grid and

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