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Shein Shares Drop Ahead of Highly Anticipated Hong Kong Stock Market Debut
BusinessAPFTCNN+8globe-and-mailel-mundoThe Independentnikkei-asiafortunechannel-news-asiaseeking-alphainvesting-com2h ago11 sources

Shein Shares Drop Ahead of Highly Anticipated Hong Kong Stock Market Debut

Fast-fashion retailer Shein experienced a share price decline of more than 10 percent in early trading ahead of its long-awaited initial public offering on the Hong Kong Stock Exchange. The discounted listing reflects investor skepticism regarding the company’s profitability and the high costs of cross-border logistics.

NHTSA Investigates Deadly Tesla Autopilot Crash in Texas
TechnologyBBCAl Jazeeraberlingske+5svenska-dagbladetThe Independentindex-hrklix-baseeking-alpha2mo ago8 sources

NHTSA Investigates Deadly Tesla Autopilot Crash in Texas

The US National Highway Traffic Safety Administration (NHTSA) has launched an investigation after a Tesla Model 3 operating on Autopilot crashed into a Texas home, killing a woman. This incident has brought renewed scrutiny to Tesla's autonomous driving features.

This US state could be the new data center capital of the world by 2030
TechnologyBusiness Insider6mo ago

This US state could be the new data center capital of the world by 2030

Google executives meet with officials at a Google data center in Midlothian, Texas. Fortune via Reuters Connect Northern Virginia is home to the world's largest data center market. That could soon change, as Big Tech ramps up data center construction across the US. West Texas, Tennessee, Wisconsin, and Ohio are emerging as key markets. The old saying "Everything is bigger in Texas" now applies to data centers. The Lone Star State is on track to unseat Virginia as the world's largest data center market by 2030, new research from Jones Lang LaSalle shows. The shift indicates how drastically the data center development boom has reshaped the US's digital infrastructure map and the landscape as a whole. Amazon, Microsoft, Google, and Meta plan to spend more than $600 billion on AI infrastructure expansion in 2026 — a number so dizzyingly high that Wall Street is on high alert for signs of an AI bubble. More than half of all data center construction in the US now happens outside the industry's traditional hubs, according to JLL's North America Data Center Report — Year-End 2025. Tennessee, Ohio, Wisconsin, and Texas are now considered the top emerging markets for data centers. Texas alone has 6.5 gigawatts of data center capacity under construction. That amount of power is roughly equivalent to more than three Hoover Dams or over 17,000 Tesla Model 3s when using the US Department of Energy's standard, and it accounts for about one-fifth of the 35 gigawatts of data center capacity the US added to its pipeline. That 35 gigawatts is roughly equivalent to the annual electricity consumption of the UK or Italy, and adding it would nearly double the existing data center capacity in the US, according to JLL. Part of Texas's appeal is its sprawl. The state houses some of the most ambitious data center projects in the country. Oracle and OpenAI's flagship Stargate data center is in Abilene, Google is planning a $40 billion expansion in West Texas, and Meta is building a massive new site in El Paso, just to name a few. Texas also has abundant energy resources, which is good news for data center developers. The AI boom has driven electricity demand to new heights and strained the nation's power grid. In Texas, several data centers — including Stargate — are being built alongside on-site power plants. Northern Virginia has been the data center industry's central hub for more than 15 years, going back to the early days of cloud computing. That has changed rapidly as Big Tech spreads out across the country in search of available power, cheap land, and the best tax incentive packages for the coming wave of AI data centers. Have a tip? Contact this reporter via email at ethomas@businessinsider.com or on Signal at 929-524-6964. Read the original article on Business Insider

BYD Surpasses Tesla in Global EV Sales
BusinessSCMPpublico1mo ago2 sources

BYD Surpasses Tesla in Global EV Sales

China's BYD has once again surpassed Tesla to reclaim its lead in global electric vehicle sales, although Tesla's Model 3 remains dominant on Portuguese roads.

Federal Regulators Investigate Fatal Tesla Crash in Texas
BusinessBBCbloombergNYT+13The GuardianFox Newscnbcle-figaropublicoBusiness InsiderforbesYahoo+5 more2mo ago16 sources

Federal Regulators Investigate Fatal Tesla Crash in Texas

Federal regulators are investigating a fatal Tesla crash in Texas where a Model 3, allegedly operating on Autopilot, veered off the road and crashed into a home, killing a 76-year-old woman inside. This incident has prompted scrutiny into the vehicle's driver-assist system.

European Far-Right Leaders Rally in Milan Against Immigration
WorldThe Guardianyle-uutisetruv+29fazaftonbladetFrance 24die-presseel-mundopublicodelfi-ltdigi24+21 more4mo ago32 sources

European Far-Right Leaders Rally in Milan Against Immigration

European far-right leaders convened in Milan for a rally primarily focused on anti-immigration sentiments, with discussions also touching on the legacy of figures like Orbán. Meanwhile, left-wing leaders gathered in Spain, asserting that the era of the far-right is ending.