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Chevron $CVX Energy company Chevron announced on Tuesday that it has signed an agreement with investment company Engine No. 1 and GE Vernova on the construction of natural gas power plants that will operate data centers in the USA. The announcement comes just a week after US President Donald Trump unveiled up to $500 billion in private sector investment to fund artificial intelligence infrastructure, with the aim of outpacing rival countries in the critical technology.

Lockheed Martin $LMT Lockheed Martin on Tuesday forecast 2025 profit that missed Wall Street expectations as the defense giant grapples with a delayed rollout of a technology upgrade to the F-35. The Bethesda, Maryland-based company expects earnings per share in the range of $27 to $27.30 in 2025, falling short of the average analyst estimate of $27.92 per share, LSEG data showed.