Arista Stock On Weekly Win Streak As Big Tech Spending Plans Ramp Up | Investor's Business DailyBREAKING: [Trump Names Warsh New Fed Chairman] --- Arista Networks (ANET) is headed toward its third straight week of gains, with demand for artificial intelligence infrastructure showing no signs of ahating after its Big Tech customers outlined their capital spending plans. Arista stock has been building the right side of a cup base with a 164.94 buy point, according to IBD MarketSurge's pattern recognition tool ...

Economic Indicators - The Commerce Department revised third-quarter U.S. GDP growth higher to 4.4%, above expectations of 4.3%, reinforcing confidence in economic resilience despite high interest rates [2][19] - Core Personal Consumption Expenditures (PCE) inflation rose 2.9%, matching forecasts and indicating contained price pressures [17][21] - Weekly jobless claims came in at 200,000, below forecasts, signaling a labor market that is gradually cooling rather than deteriorating [2][19] Stock Market Performance - The Russell 2000 index gained 1.25% to reach 2,731.77, leading the market rally, while the S&P 500 rose 0.70% to 6,924.01 and the Nasdaq Composite jumped 1.03% to 23,463.04 [1][21] - Trading volume surged nearly 16% on the Nasdaq, indicating heavy institutional participation in the market [1][21] - The Dow Jones Industrial Average climbed 435 points, or 0.89%, to a historic 49,512.87, supported by strength in industrials and healthcare [1][21] Sector Performance - Amgen's shares rose nearly 2% to a fresh all-time high near $350, driven by strong demand for its oncology and inflammation treatments, as well as optimism around its pipeline [11][20] - The broader biotech sector outperformed, with the SPDR S&P Biotech ETF gaining roughly 2.5%, as investors returned to biotechnology amid stabilizing valuations and improving expectations for regulatory approvals [12][20] - Abbott Laboratories saw its shares plunge more than 7% after reporting quarterly results that fell short of expectations, with weakness in diagnostics impacting sentiment [13][20] Technology Sector - Large technology stocks contributed to the market advance, with Meta Platforms jumping more than 3% ahead of its earnings report, despite analysts' caution [14][21] - Nvidia rose about 1%, while Tesla gained modestly, as traders focused on delivery trends and margin outlook in the competitive electric vehicle market [15][21] - Arm Holdings and Datadog posted strong gains, reflecting enthusiasm for semiconductor design and cloud software, while Intel and Netflix lagged [16][21] Commodity Markets - Oil prices eased, with WTI crude falling toward $59.60 a barrel, reflecting ample supply and muted near-term demand signals [10][21] - Gold prices moved higher, extending recent gains, while silver surged nearly 3%, outperforming most asset classes [7][21] - Natural gas jumped more than 4% due to tightening inventory expectations, contrasting with the overall softening in energy prices [10][21]

Market Update - The S&P 500 is experiencing its fourth consecutive losing session, with Nasdaq-listed companies leading the decline due to concerns over overspending on artificial intelligence infrastructure [1] - Oracle's AI infrastructure trade faced setbacks as talks with Blue Owl Capital stalled, raising uncertainty about the backing of one of its giant data centers [1] - Oracle refuted the report, stating it is partnering with Related Digital and that the equity deal remains on schedule, but this did not alleviate market fears [1] AI Industrial Sell-off - The sell-off affected not only tech stocks but also industrial companies involved in data center construction and electrical equipment supply, indicating market worries about potential project delays and canceled orders [1] - Companies like Eaton, GE Vernova, Caterpillar, Vertiv, and Cummins saw declines, with GE Vernova giving back almost all gains from its Investor Day [1] - GE Vernova reported signing 18 GW of gas turbine contracts and is sold out of new equipment through 2028, yet market volatility is prompting a preference for more stable stocks like Procter & Gamble [1] Defense Stocks - Defense stocks such as Lockheed Martin, L3Harris, and RTX Corp declined following reports of potential limitations on dividends, buybacks, and executive pay for contractors facing budget overruns [1] - L3Harris had the highest trailing-12-month capital deployment at 7% of market capitalization, followed closely by Lockheed Martin at 6% [1] - Boeing, facing challenges in defense projects, is not expected to be affected by the executive order, as it has not returned cash to shareholders and is projected to end 2025 with $26.2 billion in net debt [1] Upcoming Reports - Micron, a key supplier in the AI ecosystem, is scheduled to report earnings, with other key reports from Darden, Cintas, Accenture, and CarMax expected before the market opens [1] - Economic data releases include November CPI and weekly jobless claims [1]

Shares of Oracle fell sharply on Wednesday after a report raised fresh questions about financing for one of the company's flagship artificial intelligence infrastructure projects. Those talks have since stalled, and the agreement will not move forward, the report said. As a result, financing for the Michigan project is now uncertain, as Oracle has yet to finalise an agreement with an alternative backer, according to the report. Oracle responded to the report later on Wednesday, confirming that Blue Owl will ...

Efforts over the years to reform NEPA have been thwarted by Democrats who have sided with environmental advocates against Republican lawmakers aligned with business interests.The SPEED Act would blunt the 1969 National Environmental Policy Act, which mandates federal reviews for projects that could affect the environment before permits are issued."For companies like OpenAI that are investing in data centers, networking, and supporting infrastructure across the United States, a more efficient and predictable ...

Core Insights - Brookfield is launching a new strategy focused on investing in AI-related infrastructure, with plans to build and acquire up to $100 billion worth of such infrastructure, supported by $10 billion in equity from its balance sheet and third-party investors, including Nvidia [2] Group 1: Investment Strategy - The company aims to establish a global backbone of infrastructure across various sectors, including real estate, pipelines, roads, and rail, which has been a long-standing practice for decades [3] - The focus is on partnering with companies and countries to develop AI infrastructure, emphasizing its necessity for economic growth and business retention in nations [4] - The strategy includes finding power sources, building data centers, and ensuring high credit quality counterparties to secure intelligent investments with long-term returns [5] Group 2: Market Dynamics - Concerns about capital saturation in the AI infrastructure space are acknowledged, but the company believes that having strong counterparties mitigates risks associated with market cycles [6][7] - The company is not worried about the level of debt taken on by hyperscalers, as these investments are viewed as long-term commitments to future growth [8] - The deployment of AI across 400 companies is seen as a significant opportunity, with the next 10 to 15 years expected to be transformative for businesses that adopt AI technologies early [9]

DUBAI/LONDON, Dec 9 (Reuters) - Brookfield and Qai, an artificial intelligence company owned by Qatar's sovereign wealth ​fund, have formed a $20 billion joint venture to ‌develop artificial intelligence infrastructure in Qatar and select international markets, the ‌two groups said Tuesday. The joint venture aims to position Qatar as a leading AI hub in the Middle East, they said, and plans to create an Integrated Compute ⁠centre expanding regional ‌access to high-performance computing capabilities. The ...

Core Viewpoint - Meta Platforms is facing challenges in profitability due to aggressive spending on artificial intelligence (AI) infrastructure according to a new investor note from Wall Street [1] Summary by Relevant Categories Company Financials - The aggressive investment in AI infrastructure is expected to negatively impact Meta's profitability [1] Industry Trends - The trend of increasing expenditure on AI among tech giants is raising concerns about long-term profitability in the sector [1]

LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Sam Becker Listen to this ArticleMore info 0:00 / 0:00 Meta Platforms has been spending too aggressively on artificial intelligence (AI) infrastructure and that will affect the tech giant's profitability, according to a new investor note from Wall Street analyst firm MoffettNathanson. MoffettNathanson has been a staunch defender of the Facebook and Instagram parent company, even when its shares have dipped in the past. But on Tuesday, analysts at the firm wro ...

Core Insights - Pagaya Technologies Ltd. (NASDAQ: PGY) is recognized for its AI infrastructure in the financial sector, with a focus on prudent underwriting and consistent execution [1] Financial Performance - On November 10, 2025, PGY reported an earnings per share (EPS) of $0.23, which fell short of the expected $0.65 [2][4] - The company's revenue for the quarter was $350.16 million, surpassing the forecast of $338.86 million and closely matching the previous quarter's revenue of $350.17 million [2][4] - PGY has consistently exceeded revenue estimates in the last four quarters and outperformed consensus EPS estimates in two of the past four quarters [4] Financial Ratios - The price-to-sales ratio is approximately 1.92, indicating that investors are paying $1.92 for every dollar of sales [3] - The debt-to-equity ratio stands at 2.08, suggesting that the company has more than twice as much debt as equity [3] - PGY maintains a current ratio of about 1.42, reflecting a reasonable level of liquidity to cover short-term liabilities [3][4]