Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, on Sept. 25, 2024.Meta is boosting its spending commitment on a forthcoming AI data center in West Texas by more than sixfold to $10 billion, with an aim to reach 1 gigawatt of capacity by the time the facility comes online in 2028, the company said on Thursday.The data center being built in El Paso will lead to the creation of 300 new jobs, Meta said, with more than ...

Nebius Is a HighRisk Swing—But Could the Payoff Justify the Volatility? - 24/7 Wall St. S&P 5006,557.90 -1.07% Dow Jones45,792.00 -0.80% Nasdaq 10024,101.50 -1.37% Nikkei 22552,158.00 -2.14% Stock Market Live March 20, 2026: S&P 500 (SPY) Lower on Higher Oil Prices Again Investing Nebius Is a HighRisk Swing—But Could the Payoff Justify the Volatility? By Joey FrenettePublished Mar 20, 11:49AM EDT Quick Read Nebius Group (NBIS) trades at 56x price-to-sales with $4B capital raise via convertible notes and bac ...

In this articleRAND-NLDemand for new AI data centers is surging, but they can't build themselves. Big Tech is funneling billions into building out these specialized facilities, with the four hyperscalers, Alphabet, Microsoft, Meta, and Amazon, committing nearly $700 billion in combined capex spending this year to fund these developments. Amazon said last month that it's committing $12 billion to build a new AI data center in Louisiana, which will create 540 full-time jobs on site as well as 1,700 other role ...

BlockchAIn Secures 20 MW AI Data Center, Shares Take Off Shares of AI infrastructure firm BlockchAIn (NYSE: $AIB) were up over 16 percent in pre market trading after the company said it entered into a non-binding letter of intent for a 20 megawatt build-to-suit data center lease in North Carolina. The company says the project is expected to represent over $400 million in total contract value over an initial 10-year lease term. Including two seven-year renewal options, the potential aggregate TCV could reac ...

On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins. AI Data Centers Already Generating Strong Margins During the company's fiscal third-quarter earnings call, Oracle Co-CEO Clay Magouyrk said the company's AI infrastructure is delivering healthy returns even as the tech giant aggressively builds new capacity. Magouyrk told analysts that Oracle expects gross margi ...

Market Overview - Dow Jones futures fell 0.75%, S&P 500 futures lost 0.6%, and Nasdaq 100 futures declined 0.6% amid rising oil prices [1] - The stock market showed mixed performance with the Nasdaq gaining slightly while the Dow and S&P 500 experienced minor declines [1] Oil Market Dynamics - U.S. crude oil futures surged over 6% to nearly $93 per barrel, following a spike to $95 overnight, driven by attacks on oil tankers in Iraq and operational halts at key oil-export terminals in Oman [1] - The International Energy Agency proposed a record release of 400 million barrels from reserves, with the U.S. contributing 172 million barrels, although this was anticipated and did not significantly impact oil prices [1] AI and Technology Sector - Oracle's stock increased by 9.2% due to strong earnings and guidance, alleviating concerns regarding its AI data center investments [1] - Nvidia announced a $2 billion investment in cloud-computing provider Nebius, which led to a 16.15% increase in Nebius stock [1] - Taiwan Semiconductor's stock rose 2.15%, while Dell Technologies' stock increased by 2.5%, indicating positive momentum in the tech sector [2] Investment Strategies - The current market volatility suggests that investors should remain cautious and primarily hold cash while preparing for potential market rallies [2] - Key upcoming events include Nvidia's annual GTC event and Micron Technology's earnings report, which could significantly influence the semiconductor and AI sectors [2]

Group 1 - Nvidia has made a strategic investment of $2 billion in Dutch AI cloud computing company Nebius Group NV to strengthen its position in AI infrastructure [1] - Nebius plans to deploy over 5 gigawatts of Nvidia systems by the end of 2030, enough to power approximately 3.8 million households at any given time [1] - Following the announcement, Nebius's stock price surged nearly 15% in early trading, with a cumulative increase of over 200% in the past year [1] Group 2 - This investment in Nebius is part of Nvidia's recent trend of "circular investments," which includes a $2 billion investment in competitor CoreWeave Inc. and participation in a $30 billion financing round for OpenAI [2] - Critics have raised concerns that such circular investments may inflate the AI bubble, as the capital flow between Nvidia and its clients is driving up valuations in the trillion-dollar AI market [2] Group 3 - Nebius, previously a subsidiary of Russian internet giant Yandex, transformed into an AI infrastructure-focused cloud service provider after selling its Russian business for $5.2 billion in 2024 [3] - Following the rebranding, Nebius secured $700 million in funding, with Nvidia being one of the participants, and the new $2 billion investment will significantly enhance Nvidia's strategic stake in the company [3] Group 4 - Nebius is one of the few emerging data center operators rapidly rising due to the AI wave, focusing on providing customized computing infrastructure for AI model training and services like ChatGPT [4] - Nvidia's financial support for these emerging operators aims to solidify its core position in the AI computing supply chain amidst competition from major cloud computing giants like Google and Amazon [4]

Market Overview - U.S. stock index futures experienced subdued trading as investors evaluated crude price outlook and anticipated a key inflation report amid escalating tensions in the Middle East [1] - Energy prices fluctuated as traders considered the International Energy Agency's potential release of oil reserves to stabilize supply due to intensified air strikes in the Middle East [2] Oil Prices and Inflation - Oil prices have decreased to under $90 per barrel from nearly $120 earlier in the week, following President Trump's remarks that suggested the conflict may not be prolonged [3] - A report is expected to indicate that consumer prices likely increased in February, raising concerns about rising gasoline costs in the future due to tariffs being passed to consumers [3] Federal Reserve and Interest Rates - Expectations for a 25-basis-point interest rate cut by the Federal Reserve have been pushed back to September from July due to concerns over higher energy costs potentially increasing inflation and affecting growth [4] - Signs of a softening jobs market may complicate the Federal Reserve's monetary policy decisions [4] Market Sentiment and Stock Performance - The CBOE volatility index, a measure of market fear, increased by 0.72 points to 25.65, indicating heightened market anxiety [6] - Oracle's forecast of revenue growth driven by the AI data center boom led to a 10% increase in its shares during premarket trading [6] - Semiconductor stocks, including Nvidia, Broadcom, and Advanced Micro Devices, showed marginal gains [6] Travel Sector Response - Travel stocks, sensitive to energy prices, displayed mixed performance with American Airlines up 0.3% and Carnival down 0.6% [7] - Remarks from Fed Vice Chair for Supervision Michelle Bowman are anticipated for insights into future policy direction [7]

Core Viewpoint - The anticipated business combination between Signing Day Sports and BlockchAIn Digital Infrastructure is set to close on March 16, 2026, allowing BlockchAIn Inc. to begin trading on the NYSE American under the symbol "AIB" [1][2][3]. Company Overview - Signing Day Sports aims to assist student-athletes in achieving their college sports aspirations through a recruitment platform that includes video technology and comprehensive data sets [5]. - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and AI hosting, with plans for data center expansions in 2026 and 2027 [4]. Financial Performance - BlockchAIn LLC generated approximately $22.9 million in revenue and $5.7 million in net income in 2024 from its existing 40 MW data center facility in South Carolina [4]. Strategic Importance - The business combination is viewed as a significant milestone for both companies, positioning the combined entity as an AI-focused digital infrastructure platform to meet the growing demand for AI and high-performance computing workloads [3].

Market Overview - US stock futures showed little movement as investors reacted to President Trump's comments about a potential quick resolution to the Iran conflict, which led to a decline in oil prices and reduced concerns about economic impacts [1][6] - The Dow Jones Industrial Average futures remained stable after a volatile trading session, while S&P 500 and Nasdaq 100 futures also showed minimal changes [1] Oil Market Dynamics - Oil prices experienced a significant drop of approximately 8%, with West Texas Intermediate crude falling to about $88 per barrel and Brent crude trading around $91 [4] - Trump's assertion that the military operation in Iran is progressing faster than initially expected has contributed to the decline in oil prices [2] Geopolitical Factors - Despite the optimistic outlook from the US, hardliners in Iran have rallied behind new leadership, indicating potential challenges to ending the blockade on tanker traffic through the Strait of Hormuz, which could have severe implications for global oil supply [3] Upcoming Economic Indicators - Key inflation reports are anticipated this week, including the Consumer Price Index update on Wednesday and the Personal Consumption Expenditures index on Friday, which will not reflect the recent fluctuations in oil prices [5] Company Earnings and Stock Movements - Oracle is set to report its fourth-quarter earnings, with its stock rising 2% in premarket trading, while Vertex Pharmaceuticals saw a 4% increase following positive trial results for a kidney disease drug [8] - Hewlett Packard Enterprise reported better-than-expected Q2 revenue, driven by strong demand for AI infrastructure, and raised its fiscal 2026 earnings forecast, resulting in a 3% rise in its stock [10]