ROMAINE: A BOUNCEBACK AND U.S. MANUFACTURING LEADS TO REBOUND IN U.S. EQUITIES. HERE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I'M ROMAINE BOSTICK. KATIE: WE'RE KICKING YOU OFF TO THE CLOSING BELL HERE IN THE U.S., THE S&P 500 HEADING FOR RECORD HIGH.HIGHER BY ABOUT .5% RIGHT NOW. WE HAD U.S. ISM MANUFACTURING COME IN STRONG AS MORNING, YOU SEE THAT IN THE NASDAQ 100, GIVING A LIFT TO YIELDS. FOR KNOCKING ON THE DOOR OF 4.30%, THEN YOU LOOK AT THE DOLLAR, CONTINUING TO RALLY.BLOOMBERG DOLLAR SPOT INDEX HIGHER ...

[applause] So you just were on the west coast, 30,000 people at a conference for basket weaving. What what was the conference you were out at. >> The conference was Nurips, the Neural Information Processing Systems Conference, which is the largest AI conference in the world.>> So um you've been tracking AI as well as anyone I know. And I'm curious any takeaways from being there and what did it um uh you know fortify your thinking of the direction places are heading. Any new ahas. >> Many ahas.Top few in the ...

Fearing rising utility costs, job losses and privacy violations, residents have blocked or delayed data-center projects around the country https://t.co/6NOuyQiMj9 ...

Group 1 - Ian Cassel has acquired Planet MicroCap, which has been running in-person events in the microcap ecosystem for 14-15 years, to enhance collaboration and visibility in the microcap space [5][6][8] - The upcoming event in Las Vegas from June 16th to 18th has already attracted 220 investors, indicating strong interest in microcap investments [8][10] - The iShares Micro-Cap ETF (IWC) has outperformed the S&P 500 in 2025, suggesting a "risk-on" market environment, although this may indicate a nearing end to the bull market [10][11][12] Group 2 - The microcap space has seen a significant performance boost, with profitable microcaps outperforming the S&P, which is often a sign of market frothiness [10][11][12] - There is a call for more small, profitable companies to go public, as the benefits of being public can outweigh the costs, contrary to common belief [13][14] - The microcap sector is currently benefiting from trends in resources like gold, silver, and copper, as well as AI and data centers, which are driving performance [18][19][21] Group 3 - The discussion highlights the psychological aspects of investing, categorizing investors into types such as "rabbits," "assassins," and "hunters," based on their reactions to stock performance [34][36][38] - Successful investors often let their winners run, contrasting with those who quickly take small gains, which can hinder overall returns [57][59][62] - The conversation emphasizes the importance of position sizing and the need for a balanced approach to managing investments in the microcap space [67][68]

People are very concerned about what data centers are doing to their bills and it is absolutely true that data centers are playing a big role in what we are seeing go on. [music] They are pretty big users of electricity. Their demand is raising costs for everyone because of the way that [music] utilities do their billing.They kind of spread those extra demand costs around. Infrastructure is another big factor. [music] Our grid in the US just happens to be pretty old.A lot of the things like wires, like towe ...

Rare earths, data centres - India pushes local industry amid global headwinds https://t.co/BYbjaWeG1f ...

Core Insights - Average electricity bills for Americans are expected to rise significantly due to utility companies requesting $31 billion in rate increases for 2025, more than double the $15 billion requested for 2024 [1][2] Group 1: Rate Increases - The surge in rate hike requests is primarily driven by the increasing demand from major tech firms' power-intensive AI data centers [2] - Southern states are experiencing the most significant impact, with utilities seeking over $14 billion in rate hikes, including a notable $9 billion request from Florida Power and Light [3] Group 2: Power Grid Investment - Investor-owned utilities in the U.S. are projected to invest $1.1 trillion in expanding the power grid from 2025 to 2029, with data centers and AI identified as key drivers of this spending [4] Group 3: Public Backlash and Corporate Responsibility - The rising power demand from Big Tech is facing increasing public backlash, prompting companies like Microsoft to commit to covering their own electricity costs as they expand their AI data center operations [5]

Orbital AI data centers — a bold leap in Elon Musk’s mission to make humanity multiplanetary.By shifting massive compute to space (unlimited solar power, no Earth energy limits), SpaceX:• Unlocks explosive AI progress to solve Mars tech challenges (propulsion, habitats, life support)• Builds orbital industry infrastructure — the first step beyond single-planet life• Creates the compute + connectivity backbone for a truly spacefaring civilizationThis isn’t just faster AI. It’s exporting human potential off-w ...

Electric Reliability Council of Texas Chairman Bill Flores said Thursday that some data centers and cryptocurrency miners voluntarily curtailed power use during the recent winter storm that strained the state’s grid and others across the country https://t.co/7vo2VFBnFV ...

Private equity giant Blackstone is out with its fourth quarter results. Earnings and revenue beating expectations driven by heightened dealmaking activity and growth in Blackstone's data center business. The company took in over 71 billion dollars in new capital during the quarter with total assets under management reaching $1.27% trillion.And joining us right now to talk about the company's performance, the investing environment, AI, and much more is John Gray. He's the president and chief operating office ...