Core Investment Thesis - Brad Gerstner, CEO of Altimeter Capital, believes the software and cloud sector is in the early stages of a super cycle driven by AI and data center spending [1][5] - Gerstner highlighted CoreWeave Inc. as a key investment opportunity, emphasizing its strategic importance related to Nvidia's Rubin platform [2][3] Data Center Spending Insights - In 2023, $150 billion was spent on data centers, with projections suggesting this could rise to $500 billion by 2026, indicating strong growth in the sector [4] - Gerstner noted that this spending is backed by actual purchase orders, not speculative estimates [4] CoreWeave Performance - CoreWeave's stock has experienced a significant decline of 50.6% over the last six months, currently trading at $77.18, down 0.9% recently [7] - Despite the recent downturn, the stock has increased over 97% in the past year since its IPO at $40 in March 2025, suggesting potential for recovery and growth [7]

Group 1 - Vertiv's shares increased by 19% in June, driven by positive news from partners like Nvidia, alleviating concerns over data center capital spending slowdown [1] - The debate between bulls and bears highlights differing views on the sustainability of AI and data center spending, with bears anticipating a correction and bulls believing spending is still in early stages [2][3] - Vertiv raised its full-year 2025 sales guidance to a range of $9.325 billion to $9.575 billion, indicating confidence in future performance despite a flat year-over-year order book in Q4 2024 [4] Group 2 - Nvidia reported a 73% year-over-year increase in data center-related revenue in Q1 2026, suggesting strong underlying market growth [7] - Vertiv's products are not subject to the same export control regulations as Nvidia, although rising costs from sourcing in Mexico and China pose challenges [8] - Overall, the confirmation of ongoing growth in Vertiv's end markets positively impacted its stock performance in June, positioning it well to benefit from the data center spending boom [9]