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Fervo Energy signed a massive geothermal power deal with Google to supply 396 MW of electricity from its Cape Station project in Utah starting in 2028, with an option to expand to 1 GW by mid-2030. The agreement addresses the critical need for reliable, clean power to support AI data center expansion and validates Fervo's enhanced geothermal technology model.
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Tuesday.The Dow traded down 0.40% to 52,971.81 while the NASDAQ dipped 0.52% to 26,232.46. The S&P 500 also
Fervo Energy signed a 396-MW PPA with Google, supporting Cape Station’s development and potential carbon-free power for a Utah data center.
U.S. stocks were lower, with the Nasdaq Composite falling around 1% on Tuesday. Shares of Yext Inc (NYSE:YEXT) rose sharply after the company reported better-than-expected second-quarter earnings. The company also
Major M&A deals include Flex buys EPC Power for $4.4 Billion, KKR acquires A1 Garage Door, Starman Optical Buys GoPro.