Core Insights - Bolt Data and Energy, co-founded by former Google CEO Eric Schmidt, is negotiating a deal to start construction on a large data center project in West Texas [1][2] - Google is considering a commitment of 250 megawatts for this project, although the exact size of the potential transaction is still under discussion [2][3] - The deal underscores the competitive landscape among Big Tech companies to secure necessary resources for AI development, despite the associated costs and risks [4] Company Developments - Bolt completed its first funding round in December, raising $150 million, including $50 million from Texas Pacific Land Corporation (TPL), which owns significant land in West Texas [8] - TPL's land will provide Bolt with access to essential resources like power and water, which are increasingly strained due to the surge in data center developments [9] - Bolt's initial plan includes a 250 megawatt facility, with potential expansion to a 5 gigawatt campus in increments of 250-500 megawatts [9] Industry Trends - The AI race has prompted several large-scale data center projects in Texas, including an 11-gigawatt campus planned by Fermi, co-founded by former Texas governor Rick Perry [10] - Major banks have faced challenges in selling off $38 billion in loans for data center construction due to concerns over Oracle's credit amid its AI spending [12] - Oracle plans to raise up to $50 billion in debt and equity by 2026 to support its AI initiatives while maintaining a solid investment-grade balance sheet [13] - Alphabet, Google's parent company, announced plans to spend between $175 and $185 billion on capital expenditures in 2026, primarily for AI infrastructure [13] - A significant wave of spending on AI has been reported by major tech companies, with Amazon planning to spend $200 billion this year alone [14]

Google Goes Long With 100-Year Bond Sale. We've Seen This Before. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Google Goes Long With 100-Year Bond Sale. We've Seen This Before.By [Martin Baccardax]ShareResize---ReprintsIn this article[GO ...

Core Viewpoint - Sterling Capital Management launched the Sterling Capital Hedged Equity Premium Income ETF (SCEP), which combines artificial intelligence for idea generation and human intelligence for portfolio construction to provide a U.S. equity allocation while employing options strategies for income generation and market protection [1][3]. Fund Overview - The fund began trading on December 12 and currently manages $214.1 million in assets with a management fee of 0.65% [2]. - The ETF structure was chosen for its tax efficiency, intraday trading capability, and lower costs compared to traditional mutual funds [2]. Investment Strategy - SCEP aims to deliver tax-efficient monthly income, better risk-adjusted returns through AI-driven stock selection, and reduced downside risk via protective options trading [3]. - The fund's sub-adviser, Guardian Capital, has utilized AI in equity strategies since 2018 and manages over $4 billion in assets using similar investment processes [3]. AI Utilization - Guardian's AI models forecast key investment variables, including earnings growth and dividend growth, using machine learning and deep learning techniques [4]. - The AI narrows the investment universe to a shortlist of companies with a higher probability of durable earnings and dividend growth [5][6]. Portfolio Composition - The fund's top holdings include Alphabet Inc. (6.37%), Apple Inc. (6.09%), NVIDIA Corp. (5.77%), Microsoft Corp. (5.07%), and Amazon.com, Inc. (4.58%), identified for their strong balance sheets and growth potential [7]. - The fund maintains around 21% exposure to midcap stocks, which may provide better valuations compared to large-cap alternatives [11]. Options Strategy - SCEP employs a dynamic options overlay strategy, writing covered call options on up to 100% of its portfolio to boost income while buying protective put options to cushion against market declines [8][9]. - Protective puts are structured to guard against a 10% to 30% market decline, aiming to protect income-focused investors from large drawdowns [9][10]. Tax Efficiency - The fund's structure seeks to deliver more tax-efficient income by finding losses on individual securities and options to offset gains, potentially allowing for return of capital distributions [13]. - Return of capital distributions are generally not taxable in the year received, deferring taxes until the shares are sold, which may result in a higher capital gain [14][15].

The market is no longer a one-trick show led by the Magnificent Seven, the group of mega-cap tech giants that have defined U.S. stock performance since the early 2020s. For years, Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Nvidia (NASDAQ: NVDA), Meta (NASDAQ: META) and Tesla (NASDAQ: TSLA) set the pace for Wall Street. But now, that dominance is starting to crack as investors look beyond Big Tech for the next source of growth, as highlighted by Bank ...

Google Cloud appears to be emerging as the earnings driver for Alphabet Inc. ( GOOGL , GOOG ) since it surpassed the $70 billion run rate with operating margins at 30%. Operating income growthHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spott ...

Group 1: Quantum Computing Market Overview - Quantum computing has seen a decline in popularity recently, with many stocks experiencing a sell-off after a peak in interest in October [1] - Current low interest in quantum computing presents a potential buying opportunity for investors, but a selective approach is necessary due to expected failures in the sector [1] Group 2: Investment Strategies - Investing in legacy tech companies involved in quantum computing can provide good returns while mitigating risk [2] - A suggested strategy is to allocate $1,000 to multiple stocks, particularly in established companies [2] Group 3: Key Players in Quantum Computing - Alphabet is a significant player in quantum computing, with strong resources and successful real-world applications of its Willow chip [3] - Alphabet's involvement in generative AI through its Gemini model adds further value, making it a balanced investment option [4] Group 4: Industry Dynamics - Nvidia is heavily involved in the AI sector, with its GPUs being the leading computing option, but quantum computing could disrupt this infrastructure in the future [5] - Experts suggest that the most effective use of quantum computing will be in a hybrid environment, integrating traditional computing with quantum technology [6]

Market Analysis by covering: Microsoft Corporation, Oracle Corporation, Alphabet Inc Class A, Apple Inc. Read 's Market Analysis on Investing.com ...

“Big Short” investor Michael Burry issued a warning Monday about Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) planning to issue 100-year bonds, drawing parallels to Motorola Solutions Inc.‘s (NYSE:MSI) downfall following a similar move in 1997.Burry Draws Motorola ComparisonWriting on X Monday, Burry stated, “Alphabet looking to issue a 100-year bond. Last time this happened was Motorola in 1997, which was the last year Motorola was considered a big deal.”Alphabet’s Bond Sale DetailsMultiple media outlets hav ...

Autodesk公司（Autodesk）已对谷歌提起诉讼，指控后者侵犯其 "Flow" 商标，使用该名称推广用于电 影、电视剧及电子游戏制作的竞争性 AI 软件。 在周五提交至美国旧金山联邦法院的起诉书中，Autodesk表示，公司自 2022 年 9 月起便将 "Flow" 用于 视觉特效、制作管理及其他相关产品。而谷歌在 2025 年 5 月面向同一类客户推出 Flow 软件，此举令 Autodesk感到意外。 Autodesk称，谷歌曾向其保证不会将 Flow 商业化，却在当月就在南太平洋岛国汤加申请了该名称的商 标注册，而汤加的商标申请通常不对公众公开。 起诉书显示，谷歌利用在汤加的申请，试图在美国为 Flow 申请同类商标保护，并在圣丹斯电影节等行 业活动中推广 Flow 软件。 上月，Autodesk宣布将裁员约 1000 人，占员工总数的 7%，以将资金转向云平台与人工智能业务。 责任编辑：郭明煜 Autodesk公司（Autodesk）已对谷歌提起诉讼，指控后者侵犯其 "Flow" 商标，使用该名称推广用于电 影、电视剧及电子游戏制作的竞争性 AI 软件。 在周五提交至美国旧金山联邦法院的起诉 ...

当前科技巨头的"垂直整合"策略并非新概念。20世纪60年代，国际商业机器公司就采用这一模式取得了 巨大成功。IBM实现了从底层硬件、操作系统到应用软件的全部自主生产。 这种模式在20世纪90年代因专业化分工而式微。但随着生成式AI对算力需求的爆炸性增长，科技巨头 为了摆脱对单一供应商的依赖，重新拥抱了自研硬件的道路。 02 资本浪潮：2026年的豪赌 巨头们为了自研芯片投入的真金白银正不断刷新纪录。亚马逊宣布将2026年资本支出上调至2000亿美 元，CEO安迪·贾西解释称这是应对"强劲且持续的需求信号"。AWS云部门同比增长24%，订单积压量 已达2440亿美元。谷歌也不甘示弱，预计2026年资本支出将在1750至1850亿美元之间，几乎是2025年的 两倍。 微软虽然没有公布具体数字，但也对AI需求表示"极度乐观"。而Meta则计划将其资本支出翻倍至1350亿 美元。 03 芯片博弈：从依赖到自主的艰难转型 当硅谷巨头们大举投资自研芯片与数据中心时，半个世纪前席卷产业的模式，正在人工智能浪潮下悄然 回归。亚马逊将其年度资本支出预期猛增50%，高达2000亿美元。谷歌母公司Alphabet的计划支出几乎 翻 ...