Nvidia's Earnings Surge Lifts Jensen Huang to $196.8 Billion, Sixth-Richest Person
Companies

Nvidia's Earnings Surge Lifts Jensen Huang to $196.8 Billion, Sixth-Richest Person

A record revenue beat, a 70% growth forecast and rising AI infrastructure demand added $15.6 billion to Huang's fortune,...

Declan Byrne 👁 10 💬 0
Nvidia Jumps 6% After Data Center Sales Drive $96.2 Billion Quarter
Companies

Nvidia Jumps 6% After Data Center Sales Drive $96.2 Billion Quarter

Revenue rose 106% to $96.2 billion and net income nearly doubled, but Nvidia's margin guidance signals a step down. Afte...

Declan Byrne 👁 38 💬 0
Nvidia and Broadcom's AI Financing Tools Shift Compute Control Away From Hyperscalers
Technology

Nvidia and Broadcom's AI Financing Tools Shift Compute Control Away From Hyperscalers

Barclays says $500bn and $35bn financing platforms let large AI buyers fund compute capacity outside big cloud providers...

Eitan Shapiro 👁 64 💬 0
Nvidia Considers $3 Billion Stake in SoftBank's SB Energy for OpenAI Data Center
Technology

Nvidia Considers $3 Billion Stake in SoftBank's SB Energy for OpenAI Data Center

Talks point to a split investment at signing and at SB Energy's possible IPO, underscoring how AI data centers are resha...

Eitan Shapiro 👁 58 💬 0
Big Tech's AI Bond Wave Is Repricing Canadian, Swiss and Sterling Credit
Markets

Big Tech's AI Bond Wave Is Repricing Canadian, Swiss and Sterling Credit

Alphabet and Amazon have become top issuers in smaller currency bond markets, pushing long-term borrowing costs higher a...

Yael Ben-David 👁 57 💬 0
13F Filings Show Institutions Trimmed Mag7 and AI Favorites as Conviction Splits
Markets

13F Filings Show Institutions Trimmed Mag7 and AI Favorites as Conviction Splits

An SEC filing sweep shows 44% of institutions reduced Magnificent Seven positions while 42% added, and semis still drew ...

Yael Ben-David 👁 51 💬 0
Anthropic in Talks to Buy AI Startup Decart for $6 Billion Ahead of IPO
Technology

Anthropic in Talks to Buy AI Startup Decart for $6 Billion Ahead of IPO

Anthropic is reportedly negotiating a $6 billion acquisition of Israeli AI startup Decart, whose world-model and chip-ef...

Eitan Shapiro 👁 49 💬 0
Nvidia’s $500 Billion Bet: Making AI Compute Wall Street’s Next Asset Class
Technology

Nvidia’s $500 Billion Bet: Making AI Compute Wall Street’s Next Asset Class

Nvidia and six asset managers want to turn AI data centres into investable infrastructure. The real test is whether the ...

Eitan Shapiro 👁 54 💬 0
Vertiv Plans Letterkenny Expansion and Up to 300 Jobs as AI Data Centre Demand Climbs
Companies

Vertiv Plans Letterkenny Expansion and Up to 300 Jobs as AI Data Centre Demand Climbs

The critical digital infrastructure maker will seek approval for 7,000 sq m more manufacturing and testing space in Done...

Declan Byrne 👁 48 💬 0
Optimal Transit Pitches Kraaken: One Vessel for 40MW of Power, Water and 60MW of AI Compute
Energy

Optimal Transit Pitches Kraaken: One Vessel for 40MW of Power, Water and 60MW of AI Compute

The Blue Economy VITAL 100MW Kraaken concept promises disaster-zone electricity, 30 million litres of fresh water daily ...

Aoife Keane 👁 40 💬 0
DAX Stays Near Record as Cisco’s AI Guidance Disappoints; German Mid-Caps Mixed
Markets

DAX Stays Near Record as Cisco’s AI Guidance Disappoints; German Mid-Caps Mixed

Germany’s DAX added 0.4 percent to 26,428 points and remains within 150 points of its record, but Cisco fell around 8 pe...

Yael Ben-David 👁 43 💬 0
NSW Regulator Demands Goodman Prove Renewables for $5.5bn Project Atlas AI Campus
Energy

NSW Regulator Demands Goodman Prove Renewables for $5.5bn Project Atlas AI Campus

NSW energy officials want Goodman to show how the 500MW Western Sydney campus will secure firmed green power, warning th...

Aoife Keane 👁 41 💬 0
Nvidia Loses $130 Billion in Market Value on Reports of a $500 Billion AI Financing Plan
Companies

Nvidia Loses $130 Billion in Market Value on Reports of a $500 Billion AI Financing Plan

Shares fell 2.4% to about $218 on Monday as the Financial Times reported Nvidia is working with Apollo, Blackstone, Blac...

Declan Byrne 👁 46 💬 0
Oracle Rally Lifts Larry Ellison Past Nvidia's Jensen Huang to Seventh-Richest
Markets

Oracle Rally Lifts Larry Ellison Past Nvidia's Jensen Huang to Seventh-Richest

A 2.6% Oracle gain added $2.9 billion to Ellison's fortune, while a 2.6% Nvidia drop erased almost $4 billion from Huang...

Yael Ben-David 👁 62 💬 0
US Inflation Eases to 3.4% in July as Oil Prices Retreat
Economy

US Inflation Eases to 3.4% in July as Oil Prices Retreat

Lower oil prices helped US consumer inflation ease to 3.4% in July, matching forecasts, but AI-driven computing demand i...

Niamh O'Sullivan 👁 45 💬 0
AI Infrastructure and Consumer Names Lead the Midday Movers
Markets

AI Infrastructure and Consumer Names Lead the Midday Movers

AI infrastructure stocks surged on stronger revenue and margin guidance, Wendy's jumped on reports of a Trian take-priva...

Yael Ben-David 👁 46 💬 0
AI's Infrastructure Boom Is Now Running on Debt, Private Credit and Faith
Technology

AI's Infrastructure Boom Is Now Running on Debt, Private Credit and Faith

Demand for AI remains strong, but the buildout is increasingly financed with debt and off-balance-sheet vehicles. The fi...

Eitan Shapiro 👁 51 💬 0
Tencent Q2 Revenue Tops Forecast; Adjusted Profit Rises 9% as AI Capex Sends Free Cash Flow Negative
Companies

Tencent Q2 Revenue Tops Forecast; Adjusted Profit Rises 9% as AI Capex Sends Free Cash Flow Negative

Revenue hit RMB 204.8 billion, up 11%, and adjusted profit reached RMB 68.4 billion, but heavy AI infrastructure spendin...

Declan Byrne 👁 58 💬 0
Tencent Says WeChat Will Become AI-First as It Front-Loads AI Capex
Technology

Tencent Says WeChat Will Become AI-First as It Front-Loads AI Capex

Tencent's earnings call positioned WeChat as an AI-first ecosystem, with Work Buddy as a model-agnostic coordinator and ...

Eitan Shapiro 👁 58 💬 0
Nvidia, Wall Street Giants Launch $500B AI Infrastructure Financing Plan
Technology

Nvidia, Wall Street Giants Launch $500B AI Infrastructure Financing Plan

Six Wall Street giants ink MOUs with Nvidia to deploy $500B for AI compute infrastructure, reigniting debate over circul...

Eitan Shapiro 👁 40 💬 0
From Paris Eccentric to AI Billionaire: Inside DDN's Data Storage Boom
Companies

From Paris Eccentric to AI Billionaire: Inside DDN's Data Storage Boom

Alex Bouzari's flamboyant style belies a sharp tech strategy that turned a slow-growing storage firm into a billion-doll...

Declan Byrne 👁 42 💬 0
The Flamboyant Billionaire Behind DDN, the Secret Weapon Powering AI's Data Deluge
Technology

The Flamboyant Billionaire Behind DDN, the Secret Weapon Powering AI's Data Deluge

After decades serving supercomputing labs, DDN is riding the AI boom to explosive growth. Founder Alex Buzari’s propriet...

Eitan Shapiro 👁 59 💬 0
Wall Street Analysts Bet Data Center IPO Csquare Can Double as Demand Outruns Supply
Companies

Wall Street Analysts Bet Data Center IPO Csquare Can Double as Demand Outruns Supply

Several major banks launched bullish coverage on July IPO Csquare, citing the data center operator’s unique position to ...

Declan Byrne 👁 30 💬 0
Nvidia and Wall Street Giants Plan $500 Billion AI Infrastructure Push
Companies

Nvidia and Wall Street Giants Plan $500 Billion AI Infrastructure Push

Nvidia teams up with Goldman Sachs, Apollo, BlackRock, and KKR to raise at least half a trillion dollars for data center...

Declan Byrne 👁 52 💬 0
Nvidia and Wall Street Titans Forge $500B AI Infrastructure Financing Pact
Companies

Nvidia and Wall Street Titans Forge $500B AI Infrastructure Financing Pact

Nvidia CEO Jensen Huang rallied Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR into a consortium aimi...

Declan Byrne 👁 45 💬 0
Meta Plans to Sell AI Compute to Rivals Amid Investor Pressure
Companies

Meta Plans to Sell AI Compute to Rivals Amid Investor Pressure

Under pressure to justify its $145B annual AI spending, Meta is pivoting to offer computing power directly to other AI f...

Declan Byrne 👁 41 💬 0
Micron Stock Could More Than Double by Late 2027, Analysts Say
Markets

Micron Stock Could More Than Double by Late 2027, Analysts Say

A historic memory chip shortage driven by AI demand has Micron's earnings surging; the average analyst price target poin...

Yael Ben-David 👁 36 💬 0
Fisk’s $900M Renewal Hinges on a Data Center That Has Divided Nashville
Education

Fisk’s $900M Renewal Hinges on a Data Center That Has Divided Nashville

The university’s ambitious Quantum Leap plan includes a 100,000 sq ft AI data center to boost revenue and student skills...

Rivka Stern 👁 29 💬 0
Tesla and SpaceX Announce $16.8B ‘Terafab’ Chip Plant in Texas to Power Musk’s AI Ambitions
Technology

Tesla and SpaceX Announce $16.8B ‘Terafab’ Chip Plant in Texas to Power Musk’s AI Ambitions

The companies are jointly investing $16.8 billion to build a vertically integrated semiconductor factory north of Housto...

Eitan Shapiro 👁 34 💬 0
Data Centers Become Frontline Targets as Iran-US Conflict Redraws AI Warfare
Defense

Data Centers Become Frontline Targets as Iran-US Conflict Redraws AI Warfare

Physical strikes on AI-enabling data centers in the Gulf have turned digital infrastructure into a military objective, f...

Doron Avidan 👁 38 💬 0