(Reuters) - Microsoft ( MSFT ) will use Lumen Technologies' ( LUMN ) network equipment to expand its capacity for AI workloads, the companies said on Wednesday, as the technology giant looks to meet growing demand at its data centers. Microsoft ( MSFT ) said in April that a shortage of data center infrastructure needed to deploy AI models was...

08:07 AM EDT, 07/24/2024 (MT Newswires) -- Vortex Metals ( VMSSF ) on Wednesday said it hired GeoSupply, a Chile-based Geology & Diamond Drilling Services company for its 3,000 metre, Phase-1 drilling and exploration program at the Illapel Copper Project located in Chile's Choapa Province. The Illapel Copper concession surrounds the Rio 27 mine, a fully operational copper mine in...

(Reuters) - CME Group ( CME ) reported its second-quarter profit above Wall Street estimates on Wednesday as uncertainty in markets helped the exchange operator notch record trading volumes. Latest economic data showing signs of easing inflation has fueled hopes of a possible rate cut in the current half of the year that has helped markets reach new highs. As...

08:07 AM EDT, 07/24/2024 (MT Newswires) -- Alkermes ( ALKS ) reported Q2 adjusted earnings Wednesday of $0.70 per diluted share, up from $0.55 a year earlier. Analysts polled by Capital IQ expected $0.71. Revenue for the quarter ended June 30 was $399.1 million, down from $617.4 million a year earlier. Analysts polled by Capital IQ expected $393.4 million. Price:...