JPMorgan recommends bullish options bets on Amazon and Meta ahead of earnings this week
JPMorgan analysts who cover and are optimistic on the results these two hyperscalers will report this week, and Bram Kaplan, head of America equity derivatives strategy, has mapped out a similar app...
Banks prepare record $38 billion debt financing to fund Oracle-tied data centers
Banks led by JPMorgan and Mitsubishi UFJ are preparing a $38 billion debt offering to fund two -tied data centers in Texas and Wisconsin, Bloomberg reports . The projects, developed by Vantage Data Ce...
Google rises on official announcement of Anthropic deal worth “tens of billions”
has made its deal to expand AI compute to Anthropic, reported earlier this week by Bloomberg, official . In order to train and serve its Claude model, Anthropic has agreed to pay Google Cloud “tens of...
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Data center and AI energy stocks rise as Trump administration reportedly pushes for data centers to access power faster
The Trump administration is urging regulators to speed up the approval process that allows for data centers to connect to the power grid, per a Bloomberg report published late Thursday evening. Citing...
Elon Musk’s Colossus 2 data center is MACROHARD
You can’t say Elon Musk doesn’t follow through on his weirdest side quests. In August, Musk posted on X that xAI was going to build software to compete with ubiquitous productivity apps. As he likes ...
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Oklo, nuke stocks battered amid speculative stock and momentum unwind
Amid a broader unwind of momentum trades, stocks tied to the nuclear-powered AI trade — , , and among them — are taking a particularly hard beating. JPMorgan strategist Arun Jain estimates that retai...
Vertiv reports strong earnings as AI data center boom rolls on
AI infrastructure company is up early after reporting much better-than-expected Q3 earnings thanks to the AI boom. Adjusted earnings per share of $1.24 were better than the $0.98 FactSet consensus ex...
Google rises on report of deal with Anthropic for AI compute “valued in the high tens of billions”
is rebounding from Tuesday’s OpenAI-induced drubbing thanks to a Bloomberg report published after yesterday’s close that it’s in talks to provide AI compute to Anthropic in a deal “valued in the high ...
Applied Digital jumps after announcing $5 billion AI factory lease
was up more than 4% premarket after it announced a $5 billion, 15-year AI factory lease from a “US based investment grade hyperscaler” at its Polaris Forge 2 campus, which is expected to begin coming ...
GE Vernova rises as backlog expands, despite earnings miss
, a maker of turbines used in power generation systems and a cornerstone of the AI power trade, posted better-than-expected Q3 sales and growing order backlogs Wednesday, helping to send its shares hi...
Alibaba researchers devise efficient GPU pooling system, reducing GPU use 82%
Researchers at Peking University and have announced a new system that can drastically reduce GPU demand, by efficiently “pooling” computing across multiple models rather than assigning each model its...
CoreWeave slumps after filings show top shareholder Magnetar Financial sold over $500 million in stock last week
is sinking after one of its earliest backers and top shareholders, Magnetar Financial, sold over $500 million in stock last week. Filings released after the close on Friday showed the Illinois-based i...
Meta strikes $30 billion deal with Blue Owl to finance Hyperion data center
Hyperion mega data center site in Richland Parish, Louisiana, is currently under construction. The city-sized development will be the home to one of the largest data centers in the world, housing arou...
Oracle jumps as it says AI cloud gross margins can reach 35%, predicts $166 billion in infrastructure revenue by 2030
shares jumped as executives said the company expects 35% gross margins on large AI infrastructure projects, while speaking at the Oracle AI World conference in Las Vegas, according to Bloomberg.
TSMC keeps the AI train on track; beats on Q3 EPS and hikes 2025 sales growth outlook to ~35%, up from ~30%
is rising in early trading on Thursday after the Taiwanese chipmaker posted another record quarterly profit and raised its outlook for the rest of the year. The world’s largest contract chipmaker saw ...
Diverse partnership’s $40 billion data center may the future of funding for AI
Another day, another multibillion-dollar data center deal. The announced $40 billion buyout — including debt — of Texas-based Aligned Data Centers on Wednesday was the first for a consortium establish...
Meta announces new Texas data center, partnership with Arm
announced today it’s breaking ground on a new “AI-optimized” data center in El Paso, Texas that will scale to 1GW. That’s not to be confused with the city-sized AI data center it’s building in Louisia...
Analyst: A lot more disclosure needed on these “circular” AI deals
It’s rare that a note on accounting disclosures gets Wall Street’s attention, and even rarer still that a complex visual rendering of tentacle-like corporate linkages goes semi-viral. But a recent rep...
CoreWeave jumps on partnership with AI model developer Poolside
Neocloud company is surging after it announced a partnership with Poolside to provide more than 40,000 Nvidia GPUs to bolster the development of Poolside’s AI models while also serving as the anchor ...
Report: OpenAI scrambles to find new revenue in its 5-year business plan
After a flurry of enormous (and confusing ) deals, OpenAI has committed to spending more than $1 trillion with various partners in the AI ecosystem. Now it has to figure out how to pay for it all . Th...