AI trade gets its momentum back
The AI trade seems to be ending 2025 as it started: a renewed tear that repairs damage from a recent retreat. Semiconductors, AI infrastructure stocks, AI tech beneficiaries, high beta momentum longs,...
OpenAI’s reported fundraising valuation keeps jumping by hundreds of billions of dollars
OpenAI is reportedly in talks to raise as much as $100 billion, with a valuation of....$500 billion...$750 billion $830 billion? This is getting ridiculous. This week we have read multiple reports th...
The neoclouds are shooting back up into the stratosphere
Investors’ faith in tech CEOs’ pursuit of digital God has seemingly been restored for now, sparking an intense rally in the speculative AI players that had been in full-on meltdown mode over concerns ...
Markets cheer surprise gift of cooler CPI amid renewed AI optimism to finish higher
After a string of dismal trading days, US stocks soared on a sack full of good news that reversed this week’s downward trend and made visions of a Santa Claus rally dance in traders’ heads. ’s earnin...
The stock market loves your rising electricity bill
Utilities with a footprint in the massive PJM Interconnection, the country’s largest power grid, were up Thursday after prices set in a key auction hit a record high of $333.44 per megawatt-day. Such ...
GE Vernova upped to “buy” at Jefferies
is up early, enjoying the benefits of both a rebound in the AI data center trade and an upgrade to “buy” from analysts at Jefferies. In a note published on Thursday, they wrote: “We upgrade to Buy. Mo...
Markets slump as AI trade tumbles
Stocks fell on Wednesday driven by concerns around AI credit risk , which seemed to swell following a report that won’t fund ’s $10 billion Michigan facility. In response, Oracle told Bloomberg that...
Google is reportedly working with Meta to expand software support for its AI chips
dominates the market for AI chips. But its advantage is not limited to hardware. The company has a growing suite of software tools that are usually paired with its chips, optimized to get the most out...
Amazon in talks to invest upward of $10 billion in OpenAI at a valuation of more than $500 billion, per reports
is in discussions to invest in OpenAI, according to multiple reports. The e-commerce and cloud computing giant could put $10 billion or more toward an equity position in the ChatGPT maker at a valuati...
Markets droop as AI credit fears grow and jobs report looms
The markets had a case of the Mondays and drooped as the last full week of trading for 2025 kicked off. All three major indexes finished down for the day. Investors went risk-off ahead of tomorrow’s ...
Deutsche Bank highlights four roadblocks for tech CEOs’ obsession: Data centers in space
Data centers. In space. It’s the hottest topic among CEOs with skin in the data center or rocket-launching business, with Tesla (and SpaceX) CEO Elon Musk and Jeff Bezos, former Amazon CEO and founder...
The power play behind Hyperion, Mark Zuckerberg’s colossal data center being built in rural Louisiana
In July of last year, community leaders in rural Richland Parish, Louisiana — population 20,043 — approved financing terms for a new project tied to billions of dollars in tax breaks. A Delaware compa...
Markets end the week in the red as Broadcom and Oracle concerns drag the entire AI trade down
The markets ended Friday down, as negative sentiment following ’s earnings combined with a Bloomberg report saying is delaying some data centers for OpenAI to 2028 from 2027 weighed on everything con...
Data center trade deep in the red
The data center trade is seeing its steepest sell-off since the market rout that was ignited by President Donald Trump’s Rose Garden tariff announcement back in April. Goldman Sachs’ themed basket of ...
Fermi drops after tenant terminates $150 million contract
fell in early trading on Friday after it disclosed that its first tenant for its planned Project Matador power grid site has terminated its $150 million contract. Fermi, which was cofounded by former ...
Oracle’s underwhelming results are kneecapping the AI trade
The nasty reception to quarterly results , which included a small revenue miss along with much more capex and cash burn than analysts had anticipated, is cascading through the rest of the AI trade. Am...
Oracle’s conference call exacerbated the two biggest reasons why investors are worried about its future
Investors had concerns about heading into its earnings report. Chief among them: how much debt will the company need to support its ambitious capital expenditure plans, and how quickly will these out...
Hot DRAM! Micron up on memory price spike
Memory and storage chip maker has had a healthy run, with shares doubling 85% over the last three months, thanks in part to spiking prices for its core DRAM product amid the AI investment boom. In a ...
Amazon announces major AI investment in India a day after Microsoft
said today that it plans to invest more than $35 billion in India by 2030, adding to the nearly $40 billion it has invested in the country so far. The latest investment is focused on AI-driven digitiz...
Oracle’s earnings unlikely to get the giddy reaction they did last time
It’s probably not going to be like last time. Back in September, when reported that its AI-related sales backlog had more than quadrupled to $455 billion — largely due to deals with OpenAI — the stoc...