The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction following the sharp pullback seen in the previous session.
Asian stocks ended mixed on Thursday, with mainland Chinese and Hong Kong stocks rising, after U.S. President Donald Trump said reciprocal duties that are set to be announced next week will be "very lenient," and that tariffs on China could be reduced to facilitate a deal on the sale of ByteDance Ltd.
We believe data centers are currently experiencing a remarkable growth phase as the demand for digital services, cloud computing, and broader GenAI applications increases significantly.
The local share market failed to hang on to mid-session gains, closing in the red. It followed a technology rout on Wall Street, fuelled by the rapid rise of Chinese AI start up DeepSeek. Here's how the trading day played out, with insights from our business reporters.
Australian ASX 100-listed data centre operator uses Vertiv prefabricated modular infrastructure to speed Port Hedland facility build time and strengthen data centre performance in the Pilbara region.
Southern Cross Electrical Engineering (ASX: SXE) has been awarded $125 million in new contracts across Australia’s data centre, commercial, manufacturing,