Amkor considers stake sale in $1.5 bln China business, Bloomberg reports

Some movie fans call premium screenings a “gimmick.” Others are driving six hours to see “The Odyssey” in Imax 70mm.

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The rapid growth of artificial intelligence (AI) has strained the power grid. Rising electricity prices have led communities to push back against the construction of new AI data centers. Since AI can’t “live” without a reliable power source, the technology industry has a big problem on its hands. Bloom Energy (BE +8.64%) is well-positioned to…

The United Arab Emirates (UAE) Ministry of Defence said that two UAE national tankers, the Mombasa and Al Bahiyah, were targeted by two Iranian cruise missiles in the southern lane of the Strait of Hormuz, in Omani territorial waters, Reuters reported on Tuesday. The source added that one Indian crew member was killed and eight…

Google‘s cloud chief Thomas Kurian said the company’s existing customers are shelling out “roughly 50% more” than they’ve already committed to spend on its products, which helped drive its red-hot cloud growth during the second quarter.  “Our existing customers have increased their spend when they make a commitment to us,” Kurian told CNBC’s Jim Cramer…