Texas Pacific Land Corporation (TPL) has announced an agreement with Chevron U.S.A. Inc. (CVX) to provide land and brackish water resources for Chevron's Project Kilby. This project involves a large-scale power generation facility in Reeves County, Texas, designed to support a customer data center. TPL's CEO, Ty Glover, emphasized West Texas as a premier location for compute infrastructure, highlighting the region's resources and supportive regulatory environment.

Wells Fargo analyst Jason Kupferberg maintained a Hold rating on PayPal Holdings (PYPL) with a $48.00 price target, despite the company reporting increased quarterly revenue of $8.35 billion. Corporate insider sentiment for PayPal is positive, with recent buying activity from executives. The consensus among analysts for PayPal Holdings is a Hold rating with a price target of $48.05.

A recent Expedia Group study involving 1,500 hotel decision-makers across six markets reveals that hotels with full connectivity experience less friction, reduced manual work, and significantly higher revenue performance. The research highlights improved occupancy, ADR, and RevPAR for fully connected properties, along with increased confidence in rate and availability updates. Expedia Group plans to support hotels in achieving full connectivity through its Autonomous Distribution initiative.

Supermicro has expanded its AI-optimized edge computing solutions with new Intel-powered platforms, including systems featuring Intel Core Ultra Series 3 processors, Intel Core Series 2 processors, and Intel Arc Pro B-series GPUs. These new offerings are designed for low-latency AI inferencing and intelligent automation across various industries like retail, manufacturing, and logistics. The portfolio includes compact fanless systems, short-depth rackmount servers, and a mini tower, all aimed at cost optimization and efficient AI deployment at the edge.

Chevron and Engine No. 1 have secured a 20-year agreement to supply natural gas-based electricity to a Microsoft data center project in West Texas. This 2.67-gigawatt power plant, named Project Kilby, will be co-located with the data center to provide reliable power directly to Microsoft, aiming to support the growth of AI and mitigate regional grid impacts. The partners expect to finalize their investment decision this year and begin power generation in 2028.

Petty Products, an Arizona-based supplier of bath and shower products, has successfully implemented Rootstock ERP and Agentforce Revenue Management. This integration aims to connect sales, purchasing, inventory, and operational workflows on a single platform, enhancing business agility and supporting the company's growth, especially as residential construction demand rises. The new system replaces manual processes, allowing for better coordination, streamline operations, and improved responsiveness to market demands.

Nametag has deepened its partnership with ServiceNow to integrate its identity assurance engine directly into ServiceNow ITSM. This integration allows service desk agents to verify the identity of users before performing sensitive actions like password resets or MFA changes, directly addressing the growing threat of impersonation attacks that often target enterprise helpdesks. The enhanced functionality extends to ServiceNow Interaction Management, enabling identity verification at the initial point of contact to prevent fraudulent activities from even beginning.

Texas Pacific Land Corporation has announced a deal with Chevron U.S.A. Inc. to provide land and brackish water resources for a power generation facility in Reeves County, Texas. This facility will support a data center as part of Chevron’s Project Kilby development. Texas Pacific Land's CEO, Ty Glover, emphasized West Texas's validation as a premier location for compute infrastructure, while Chevron's Daniel Droog highlighted the project's focus on large-scale energy infrastructure, water stewardship, and community engagement.

Innovapptive, a provider of digital operations and supply chain solutions, has appointed Peter Gibbons, former Group President, Enterprise Supply Chain at 3M, to its Board of Directors. Gibbons brings extensive leadership experience in manufacturing and supply chain across various industries. His appointment aims to support Innovapptive's vision for "Industrial Execution" and help organizations bridge the gap between operational insights and frontline execution.

Adobe Inc. (ADBE) is rated "Hold" due to increasing structural risks from AI competition and a deceleration in organic growth. The company's reliance on M&A, specifically the Semrush acquisition, is obscuring slowing organic revenue growth and driving down organic ARR growth to approximately 8.3%. While a shift to freemium models boosts user metrics, it simultaneously pressures margins due to lagging monetization and rising compute costs, despite an apparently attractive valuation of 7–8x forward earnings.