According to Bloomberg, the Canadian province of British Columbia plans to limit power use by AI data centers and permanently ban new crypto mining projects. The province’s Energy Ministry said it will prioritize grid access for mining and natural gas industries to create more local jobs and revenue.https://t.co/Ujp8CmPqWX ...

Joining me now is NBC politics reporter Alan Smith. 267% is extraordinary. That is enough maybe to get somebody to go to a ballot box.Um I live in Virginia. I'm not near one of these data centers. I've not noticed my prices tick up.How are state lawmakers responding to this in both Virginia and New Jersey. >> So uh any backlash that's brewing right now is still very early stages, but we are seeing it particularly in Virginia where the data center industry is much more expansive. uh and and state lawmakers h ...

AI infrastructure & data centers is a modern day money glitch ...

Market Volatility & Macroeconomic Factors - The tech sector experienced volatility last week due to weakening sentiment around valuations and bank-related stress [1] - The market sought a signal of peak pullback and risk-off sentiment last week [3] - Government data, including BLS and CPI figures, may influence rate cuts [3] - China trade situation is largely factored into stock prices, particularly for companies like Nvidia; resolution could lead to better results [8][9] AI & Compute Power - The industry needs approximately 250 gigawatts of compute power by 2030, compared to 122 gigawatts today, requiring a 2x increase [4] - AI capex is significantly increasing, with AWS, Azure, Google, Meta, and Oracle projected to invest around $410 billion by 2025, a 7% increase from this year [4] - The world is competing to reduce the cost per gigawatt-hour [7] Investment Opportunities - Amazon has potential upside, with development happening across its network of centers, focus on the balance between core business and AWS [9][10] - Tesla's stock could reach $2,700 if Elon Musk achieves targets leading to an 8.5 trillion market value [11][12] - Energy-related stocks, including those in precision manufacturing, distribution centers, and power plants, are attractive due to significant foreign investment [13][14] - CoreWeave is making it easier for companies to navigate the data center and AI infrastructure landscape, standardizing the market [15]

All right, I want to talk to you about IT spending. Thank you for breaking your report right here on Worldwide Exchange. Uh, you see 10% growth year-over-year when it comes to IT spending.We're crossing six trillion for the first time. What is the driver. It's not just AI.I I don't that's kind of a broad term, but is there one area in particular that's driving the spending. It is in fact this transition that we're going from the traditional AI that we've been doing the digital business transitions we are mo ...

Data centers rise in fracking country, plus: pairing Nvidia and Broadcom, Palmer Luckey’s new bank and the Chinese criminals behind your spam texts. Read more in this week’s Technology newsletter: https://t.co/IijCATNeJL ...

Core Insights - The AI boom is driving significant investment in technology, particularly in companies related to data centers and energy needs [2][3] - Micron has seen substantial institutional inflows, with a notable 80% increase in stock price since early June, following strong earnings announcements [5][7] - SanDisk has experienced a remarkable 183% increase in stock price over the past six weeks, driven by strong earnings growth and positive analyst sentiment [8][10] - AMD is also attracting significant investment, with continuous inflows over the past six months, supported by strategic partnerships and positive earnings outlook [12][13] - The biotech sector has emerged as a leading area for inflows, while financials and discretionary stocks have seen significant outflows [15][16] Company Summaries - **Micron**: The company has halted its data center business in China due to regulatory impacts but continues to provide DRAM and NAND products. Strong earnings and positive revenue guidance have led to consistent institutional inflows, resulting in an 80% stock price increase since June [4][6][7] - **SanDisk**: The stock has surged 183% in six weeks, with double-digit sales and earnings growth. Analysts are optimistic about its future, reflected in a forward PE of 18 times, which drops to 12 times in the following year [8][9][10] - **AMD**: The company has not seen any outflows in six months, with 25 discrete inflows. Strategic deals with OpenAI and Oracle Cloud are enhancing its earnings potential, leading to a positive outlook from analysts [11][12][13] Sector Insights - **Biotech**: This sector has been the top area for inflows, benefiting from lower interest rates and showing potential for growth through 2026 [15][16] - **Technology**: Continues to attract investment, particularly in companies linked to AI and data centers, indicating a strong market sentiment [2][3] - **Financials and Discretionary Stocks**: These sectors have faced significant outflows, indicating a shift in investor sentiment away from these areas [16][17]

This video is brought to you by Stack AI. More on them later. GPT6 might be coming by the end of the year. This guy on CNBC said he just got done talking to Brad Gersonner, a prominent figure in Silicon Valley, and he just said GPT6 is coming by the end of this year.That's 2 and 1/2 months from now. Now, that comes right on the heels of GPT5. And honestly, I don't think it's going to be happening.It would be very weird to have this massive launch GPT5 really a fundamental shift in the way users interact wit ...

Core Insights - Applied Digital Corporation (NASDAQ: APLD) has gained significant recognition in the data center industry, indicating its growing importance in the tech sector [1]. Company Overview - The company has not yet been covered by analysts, suggesting a potential opportunity for investment research and analysis [1]. Analyst Background - The analyst has a strong educational background with a Bachelor of Commerce Degree in Finance and is a member of the Beta Gamma Sigma International Business Honor Society, emphasizing a commitment to excellence and integrity in investment analysis [1].

Hey, I'm Kramer. Welcome to Bad Money. Welcome to Cra America with me your friends. I'm just trying to make a little money. My job is not just to entertain, but to put it in context, do some teaching here. So, call me 1800 743 CBC. Tweet me at Jim Kramer. The fourth year of the bull market begins just as the third ends with skepticism, with disbelief and contempt for the bulls. Of course, that's been the hallmark of the entire run, hasn't it? The conventional wisdom says that the true believers are either f ...