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TRexBio prices IPO at $14 per share on Nasdaq
Lumentum CEO: Opto-Parts Capacity Sold Out to 2029
Trump Discloses Nvidia Stock Transactions Amid Policy Scrutiny
People's Bank of China Sets Yuan Reference Rate at 6.7330 Against USD
Meta bans TikTok ads on its platforms in US
Japan Relaunches Spending Review Amid Rising Bond Yields
India IT Set For Fourth Year of Weak Growth on Geopolitics, AI Risks
Nvidia-backed Firmus scraps $5 billion Australian IPO on poor demand
Euro skids toward fifth weekly fall but selling pressure slows
Firmus Withdraws IPO Amid Market Volatility
SoftBank shares slide as OpenAI revenue report dents AI optimism
Nikkei 225 tests triple support after double top: Live levels
For Walmart, Replacing Humans With Robots Is a Multibillion-Dollar Struggle
Asian Stocks Slip After US Tech Jitters, Oil Drops: Markets Wrap
US Stock Markets Open on Columbus Day Amid Bond Market Closure
Hitachi joins Anthropic cybersecurity program
U.S. stock futures steady after Nasdaq slides on OpenAI revenue concerns
Japan reboots DOGE-style spending review in hunt for funds for Takaichi pledges
Top Qatari Bank QNB Inks $2.5 Billion Loan Led By Asia Firms
Japan Deal Drought Cuts IPO Fundraising to Lowest in 14 Years
People’s Bank of China Expected to Set USD/CNY Reference Rate at 6.7973
US sued over plan to blast Utah canyon inscribed by 19th century ’Buffalo Soldiers,’ European pioneers
Japan's Household Spending Declines for Ninth Consecutive Month
Asian Stocks Drop on Tech Jitters, Oil Edges Lower: Markets Wrap
KLEA Finance Daily: Thursday, October 08, 2026
Nvidia plans to invest in AI chip rival d-Matrix- The Information
Exclusive-AI surveillance startup Flock Safety to cut several hundred jobs amid backlash, sources say
De olho nas eleições
Citrini Research Highlights Weekend Oil Trading as Crypto's New Era
Japan household spending drops slightly less than expected in August
Elevator-maker Kone sees growth in Gulf’s skyscraper craze
Oil falls slightly after Trump says no Iran attack before midterms
Nvidia-backed Firmus scraps $5 billion Australian IPO on weak demand
Japanese annual household spending drops for 9 straight months
Meta bans TikTok from advertising on its apps, Bloomberg News reports
Ex-Trump officials find new jobs in Venezuela’s lucrative oil industry
Japan’s Household Spending Falls Again Despite Wage Gains
AI Investment Boom Raises Concerns of Dutch Disease in US Economy
Character.AI chatbots encouraged users to cut and starve themselves, Kentucky alleges
Asian Stocks Set to Fall on Tech, Oil Edges Lower: Markets Wrap
Mental health and ADHD diagnosis can cause harm, says official review
Anyflo Launches to Streamline Stablecoin Payments Following Acquisition of Native
Latest Oil Market News and Analysis for Oct. 9
PepsiCo Lowers Profit Guidance Amid Rising Costs and Weak North American Demand
US telcos stocks tumble after SpaceX announces spectrum acquisition
OpenAI's Revenue Figures Reveal $20 Billion Discrepancy
Australian Nvidia-backed AI data centre operator Firmus scraps $5 billion IPO
Starbucks declines comment on Chipotle takeover report, says laser focused on turnaround
Switzerland Tops Global Capitalism Index as Conditions Decline Worldwide
AI Debt Spree Hammers Tech Debt as Traders Rush to Reprice Risk
Disney Pitches Paramount, Universal on Infinity Vision Brand
Ex-Warner Bros. CEO Pockets $600 Million in Sale to Paramount
Morgan Stanley Bond Manager Becomes Bullish on US Treasuries After Decade
First Nation files legal challenge to Canadian Paccific Link pipeline
True Religion CEO on Company Transformation and Gen Z Customers
Rachel Gamarski conta sobre os cotados de Flávio Bolsonaro
Amex fined $350mn for failing to flag suspected money laundering
Burnham set to launch crackdown on non-compete clauses
Patagonia CEO: Insist on Growing at Own Pace
Arc’teryx CEO on Product Expansion & Consumer Demand
Fixed Income Leaders Dialogue
Oil settles below session high after Trump says no Iran attack before midterms
European industry groups call for urgent EU action on China trade
US Military Prepares for Potential Strikes on Iran's Energy and Military Sites
SpaceX Makes Big Play to Become a Wireless Carrier
Humana Surges as New Medicare Ratings Set to Boost Revenue
UAW President Fain Nears Reelection With Vote Tally Almost Done
Trump Rules Out Attacks on Iran Before Midterms Amid Market Fluctuations
OpenAI’s annualized revenue $20 billion less than previously signaled, FT reports
Oracle Uses Trucked Natural Gas to Maintain AI Data Centre Operations Amid Pipeline Delays
Oracle Corporation is resorting to trucking compressed natural gas to its artificial intelligence (AI) data centres in Utah and Texas to keep projects on schedule while awaiting pipeline construction. This decision comes as the company faces delays with its Project Jupiter in New Mexico, where a force majeure notice was sent to the project's developer last month due to pipeline setbacks. The urgency of maintaining operations has led Oracle to pay approximately four times the standard hub prices for trucked gas, highlighting the critical demand for energy in the AI sector.
The company has previously utilized trucked gas to power a data centre near Salt Lake City for over a year before a pipeline became operational. Similar measures are now being implemented at a facility being developed for OpenAI in Shackelford County, Texas. The high costs associated with trucked gas, which include labor and specialized equipment, underscore the challenges Oracle faces in scaling its energy supply to meet the demands of its AI infrastructure.
The situation reflects a broader trend where power supply has become a significant constraint on the expansion of AI capabilities, overshadowing even the availability of chips. Oracle's stock dropped approximately 5.5% following reports of these developments, indicating investor concern over potential delays in achieving positive free cash flow as the company invests heavily in expanding its data centre capacity. As the AI boom continues, the increasing demand for energy from data centres is expected to benefit pipeline operators and virtual pipeline providers.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News