Chevron Corp (NYSE:CVX) is up 0.9% in premarket trading after announcing a 20-year agreement to supply natural gas-fired power to a Microsoft (MSFT) data center in West Texas.

Microsoft Won't Be This Cheap For Long

09:00am, Monday, 22'nd Jun 2026
Microsoft is still rated as a Strong Buy as valuation nears five-year lows and the long-term uptrend remains intact, demonstrating tremendous resilience. MSFT faces heightened AI-driven competitive th
Microsoft (MSFT) Chief Executive Satya Nadella said during a Wall Street Journal interview that the AI industry should move away from a race to build frontier m
Microsoft's market cap has fallen to $2.8 trillion after a 22% drop this year. Amazon is faring considerably better, despite its lower $2.6 trillion market cap.
Chevron said on Monday it has signed ​a 20-year deal ‌with Microsoft to provide natural-gas fired power for a ​proposed data center ​in West Texas.

Microsoft CEO Calls for Broader AI Access

08:01am, Monday, 22'nd Jun 2026
Microsoft (MSFT, Financials) CEO Satya Nadella is trying to move the AI conversation in a different direction. In an interview with The Wall Street Journal, Nad
The 2.7-gigawatt project will have its own on-site power plant fueled by Chevron's local natural-gas production.
The data center, called Project Kilby, is expected to consume nearly 2.7 gigawatts of electricity, which is equivalent to about 2 million homes. A majority of the electricity will come from large gas

Breakfast News: AbbVie's $11 Billion Pounce

07:30am, Monday, 22'nd Jun 2026
AbbVie reportedly set to take over Apogee, Satya Nadella wants to upturn AI, and more
NEW YORK, June 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) and
Want to really go big? One megacap stock offers an especially attractive risk-reward proposition.
Cloud computing has major upside, with huge growth coming over the next few years.
NEW YORK, June 21, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Microsoft Corporation (N
Microsoft's CEO offers a blistering critique of the AI power balance and calls for earning society's permission.
New class action for Microsoft (MSFT) urges investors to seek recovery for alleged securities fraud violations – lead plaintiff deadline of 8/11/2026
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