The social media platform X revealed a probe uncovering a bot farm of around 200,000 suspected Chinese accounts, with 200 actively posting to sway debates on US artificial intelligence and energy policies. These accounts spread claims that AI data centers increase household electricity costs and strain the grid, including AI-generated cartoons criticizing data center operators. This comes amid growing public and political scrutiny over the environmental and economic impacts of AI data centers in the US. Political figures like Rep. Michael Rulli and former President Trump emphasize the importance of supporting AI infrastructure to compete with China, while some states like New York have moved to freeze new AI data center projects due to local concerns.
The NEOS Nasdaq-100 High Income ETF (QQQI) provides a monthly income that appears nearly tax-free to retirees, as much of the distribution is classified as return of capital (ROC). This ROC lowers the investor's cost basis rather than being taxed imm...
The VistaShares Artificial Intelligence Supercycle ETF (AIS) has outperformed the Invesco QQQ Trust (QQQ) significantly, gaining 85.23% year-to-date compared to QQQ's 17.39%. Unlike QQQ, which heavily weights Nvidia, AIS holds Nvidia at just 2.5% and...
Lambda, an AI cloud company, secured $1 billion in private short-term debt to purchase Nvidia AI chips, which it will lease to Microsoft. This move is part of Lambda's strategy to quickly deploy chips and generate revenue to repay the debt. The compa...
Meta agreed to an $18 billion settlement with 29 states over lawsuits related to minors' access to its social networks. Following the settlement, Meta called on TikTok and YouTube to adopt industry-wide standards for teen users, such as daily time li...
Broadcom is expected to face significant downside risk in the near term before its Q3 earnings report because Nvidia's recent strong results have set very high expectations. Even if Broadcom beats earnings estimates, it might still disappoint investo...
