The S&P 500 and Nasdaq saw a sharp pullback, yet the AI-driven market rally remains fundamentally strong due to robust earnings upgrades and growing demand for AI infrastructure beyond semiconductors, including memory, storage, and networking. Major companies like Google and Meta are raising capital through secondary offerings, while upcoming IPOs such as SpaceX and OpenAI indicate strong market interest in AI expansion. This short-term volatility is viewed as a healthy correction and a buying opportunity, with no significant risks threatening the ongoing multi-year AI growth trend.
Fidelity is steering away from bonds issued by major tech companies like Amazon, Alphabet, Meta, Microsoft, and Oracle, which are raising hundreds of billions to fund AI infrastructure. Despite strong credit ratings, these bonds offer minimal yield p...
Xcel Energy has signed a groundbreaking electric service deal with Google that shifts the cost of powering Google's 750-megawatt Minnesota AI campus from residential and small-business ratepayers to Google itself. This arrangement is projected to sav...
AI-driven technology stocks like AMD, Google, Amazon, Microsoft, and Meta have surged recently, delivering strong returns without showing signs of a bubble. Analyst Julian Lin highlights that these companies trade at reasonable valuations supported b...
SpaceX signed a $920 million monthly compute-leasing agreement with Google, granting access to about 110,000 Nvidia GPUs through mid-2029. This deal, revealed just days before SpaceX's IPO, includes an exit clause for Google if SpaceX fails to delive...
SpaceX has secured a deal with Google to provide computing power at $920 million per month starting October through June 2029, potentially earning SpaceX $30 billion. This deal supports SpaceX's role as a key AI infrastructure provider amid growing d...
