the tech sector last week uh saw a lot of volatility. It was driven by weakening sentiment around valuations and bank related stress across the broader market. So joining us for more on this right now is Ray Wong.He is Constellation Research founder and chairman and AI forum co-founder. Uh Ray, let's talk this through. Normally, I wouldn't start really broad with you on the markets, but last week it did seem like it was China concerns, questions about uh you know, just bank lending, all kinds of odd things ...

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 ...

Core Insights - Electricity companies in the U.S. are grappling with demand forecasts driven by the AI boom, as tech firms plan extensive data center builds that could consume electricity equivalent to entire cities [3][4][6] - The utility sector has seen a significant stock rally, gaining approximately 21% this year and nearly $500 billion in value over the past two years, amid concerns of an AI bubble [8][9] - Experts predict a historic increase in electricity consumption, estimating an additional 120 gigawatts of demand by 2030, with 60 gigawatts attributed to data centers [11][12] Demand Forecasting Challenges - Utilities face difficulties in accurately forecasting electricity demand due to competing requests for power connections from AI companies [5][6] - FERC Chairman David Rosner emphasized that small discrepancies in load forecasts can lead to substantial financial impacts on investments and customer bills [6] - Constellation Energy's CEO expressed concerns that current load projections may be overstated, suggesting a need for caution in planning [7] Infrastructure Constraints - The AI industry's rapid growth is straining existing electrical infrastructure, with competition for essential equipment driving up costs [14] - There is a lack of sufficient generation and transmission infrastructure to meet even modest demand targets, with natural gas turbines sold out through the end of the decade [14] - Renewable energy sources, particularly solar and battery storage, are positioned as the fastest means to expand capacity, with over 90% of current power projects awaiting grid connection being renewables [15][16] Strategic Responses - Some AI companies are exploring self-generated power solutions at data centers to bypass grid limitations, which could expedite energy availability [17][18] - Nvidia's CEO highlighted the importance of investing in diverse energy generation methods, advocating for faster deployment of self-generated power solutions [18]

Core Viewpoint - GE Vernova Inc. (GEV) is set to report its third-quarter 2025 results on October 22, with significant expected growth in earnings and revenues compared to the previous year [1][6]. Financial Performance Estimates - The Zacks Consensus Estimate for earnings is $1.78 per share, reflecting a year-over-year growth of 408.6% [1][2]. - Revenue is estimated at $9.18 billion, indicating a growth of 3% from the same quarter last year [1][2]. - The earnings estimates for the current and next quarters are $1.78 and $3.18, respectively, with the current year estimate at $7.67 and next year at $12.70 [2]. Earnings Surprise History - GEV has beaten earnings estimates in three of the last four quarters, with an average surprise of 38.03% [3][4]. Recent Developments Impacting Performance - The launch of PlanOS, an advanced utility planning software, is expected to enhance GEV's performance by diversifying revenue streams and improving operational efficiency [9]. - Strong deliveries of gas power equipment are anticipated to positively impact the Power business segment [10]. - The completion of the Hsinta Power Station, which began operations in July 2025, is likely to contribute to earnings in the upcoming quarter [11]. Market Position and Valuation - GEV is currently trading at a premium compared to its industry on a forward 12-month P/E basis [15]. - The company's trailing 12-month return on equity is 13.23%, which is lower than the sector average of 15.07% [17]. Strategic Initiatives - GEV plans to invest $9 billion in global capital expenditures and R&D through 2028 to meet future electricity demands and expand its energy generation portfolios [20]. - The electrification division is identified as a major growth driver due to global initiatives to modernize power grids [20]. Challenges - GEV faces challenges from global supply-chain disruptions, which could impact operations and profitability [21]. - The company relies on a complex supply chain, purchasing approximately $20 billion worth of materials from over 100 countries, making it vulnerable to shortages and logistical issues [21].

Nigeria is drawing millions of dollars into new data centers, propelled by a push to harness AI to power the next wave of its digital boom, reinforcing its position as one of Africa’s top technology hubs https://t.co/7XR68TT0e5 ...