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☆ Europe wants to send data centers into space — study says it's possible
▼ + stars: | 2024-06-27 | by ( April Roach | ) www.cnbc.com time to read: +5 min

A data center. The industry is about to be hit with a "wave of data tsunami," said Merima Dzanic, head of strategy and operations at the Danish Data Center Industry Association. A "whole different approach to how we build, design and operate data centers," is required, Dzanic added. Eco launchASCEND's goal was to explore the potential and comparative environmental impact of space-based data centers to aid Europe in becoming carbon-neutral by 2050. Yet Dzanic warned the somewhat "fringe" idea of space-based data centers doesn't fully solve the issue of sustainable energy usage.

Persons: Erik Isakson, Damien Dumestier, Dumestier, Merima Dzanic, Dzanic, Michael Winterson, Andrey Semenov Organizations: DigitalVision, Thales Alenia Space, European Commission, CNBC, International Energy Agency, Danish Data Center Industry Association, International Space, European Data Centre Association, Istock, Getty Locations: Europe, Japan

We are buying 50 shares of Oracle (ORCL), at roughly $105.18 apiece. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 775 shares of ORCL, increasing its weighting in the portfolio to 3% from 2.82%. Looking ahead, investors are waiting on the cloud industry to hit an inflection point and return to accelerating growth. Notably, Oracle stock is still trading a few dollars lower than the level it reached ahead of the company's AI Executive Forum event on Oct.19. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jim Cramer, Jim, Erik Isakson Organizations: Oracle, ORCL, Software, Microsoft, Amazon, Google, Nvidia, Devices, CNBC, DigitalVision, Getty

Following Tuesday's trade, Jim Cramer's Charitable Trust will own 575 shares of ORCL, increasing its weighting in the portfolio to 2.17% from 1.91%. And given the market will likely soon be oversold, according to the S & P 500 Short Range Oscillator , we are looking to put our cash to work — and are buying shares of Oracle into weakness. Oracle stock pulled back earlier in the month after the company missed on quarterly revenue estimates and provided an outlook that failed to live up to lofty expectations. And in a market concerned about the impact of higher interest rates, we think buying some 'GARP-y' names on weakness makes sense. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Safra Catz, Mad, Catz, it's, Jim Cramer, Jim, Erik Isakson Organizations: Oracle, ORCL, Nvidia, Management, Jefferies, CNBC, DigitalVision, Getty

☆ Is It a Mustang? A Station Wagon? It’s Both.
▼ + stars: | 2023-03-11 | by ( A.J. Baime | Photographs Erik Isakson For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Richard Kaneshiro , 65, a retired dental equipment business owner living in San Pedro, Calif., on his Mustang G.T. 350 station wagon, as told to A.J. Of all the cars I have owned, the Mustang G.T. 350 station wagon draws the most attention. Is it a real Mustang?

☆ Her 400-Plus Triathlons Were Hard. Her Oscar Nomination Was Harder.
▼ + stars: | 2023-03-11 | by ( Jen Murphy | Photographs Erik Isakson For The Wall Street Journal | ) www.wsj.com time to read: 1 min

If you think completing an Ironman takes perseverance, try getting Hollywood to invest in the retelling of a World War I novel. It took Scottish screenwriter and professional triathlete Lesley Paterson 16 years to see her Oscar-nominated screenplay for “All Quiet on the Western Front” come to life. The persistence paid off, as the film, an adaptation of Erich Maria Remarque’s 1929 antiwar novel of the same title, took home seven BAFTAs—the most prestigious British film awards—in February, including for the best adapted screenplay. The “All Quiet” script, by Ms. Paterson, Ian Stokell and director Edward Berger, earned one of the film’s nine Academy Award nominations. The Oscars take place Sunday night.

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