Core Insights - The U.S. data center build-out is projected to reach approximately 100 gigawatts by 2028, with current installed capacity estimated between 35 and 40 gigawatts at the end of last year [1] - There is a planned addition of about 17 gigawatts by 2026, indicating a strong growth trajectory for the sector [1] - A significant backlog of over 165 to 200 gigawatts is planned through 2030 and beyond, reflecting continued confidence in market growth [1]

Industry Insights - The data center space may be stabilizing after a challenging period, indicating a potential recovery in the market [1] - The artificial intelligence sector, particularly related to data centers, has faced significant challenges, including financial constraints that may hinder ongoing expansion [2][3] - The industry is experiencing barriers such as worker shortages, limited materials, and insufficient power supply, leading to Wall Street's fatigue with aggressive expansion plans [3] Company Analysis - Nike, Inc. (NYSE:NKE) is undergoing a significant turnaround under CEO Elliott Hill, who is addressing past management failures and restoring the brand's focus on sports [9][10] - Despite positive developments in Nike's U.S. business, the stock has faced a decline due to challenges in the Chinese market, which has been negatively impacted by previous management decisions [10][11] - FedEx Corporation (NYSE:FDX) is recognized for its strong competitive position and successful pivot to business-to-business services, particularly in the pharmaceutical delivery sector [12][13] - FedEx's recent performance has been impressive, showcasing resilience despite external challenges such as tariffs and a slowing economy, with a recommendation to maintain long positions in the stock [13]