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07.02.26 - 03:36
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Goldman: Local Resistance Against Data Centers "Are Not Slowing Development" (ZeroHedge)
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Goldman: Local Resistance Against Data Centers "Are Not Slowing Development"
Fierce winter weather across the eastern half of the U.S. put the power grid, data centers, and electricity prices back in focus, especially in the Mid-Atlantic, where Washington, D.C., logged its longest freezing streak since 1989.
Our review of Facebook, X, media coverage, and local officials' comments suggests that the cold snap across the Mid-Atlantic has put data centers and power bills in the spotlight, especially given that PJM Interconnection is already operating in a very tight grid environment.
Even as residents in Mid-Atlantic states increasingly push back against data centers while watching their monthly power bills soar, local officials, some of whom are partly responsible for tightening grid spare capacity with backfiring "green" policies, are scrambling as public anger grows.
However, Goldman analysts led by Hongcen Wei have some disappointing news for residents in the Mid-Atlantic...
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06.02.26 - 18:12
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Wall Street Bonuses Jump 10% (Bloomberg)
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After a banner year in dealmaking, Wall Street is paying up. JPMorgan, Goldman Sachs, and Bank of America are boosting bonus pools by at least 10%, after posting their biggest annual profits since 2021. Bloomberg's Katherine Doherty joined Bloomberg Open Interest to talk about the bonus boost. (Source: Bloomberg)...
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