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04.06.26 - 00:06
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Energy Companies ′Weren′t Prepared′ For AI Data Center Boom Says NRG′s Caroline Golin (Bloomberg)
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Caroline Golin, chief growth and policy officer at NRG Energy, said that AI expansion has outpaced the infrastructure necessary to power it and that energy companies 'weren't prepared' for the opportunity in front of them as the US data center buildout ramps up even further. Despite the pressure on the grid, Golin says that the industry is working to make sure the infrastructure is in place to grow into the future. (Source: Bloomberg)...
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03.06.26 - 23:42
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Rockefeller′s Sharma on AI Boom, US Market Fault Lines (Bloomberg)
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Ruchir Sharma, chairman of Rockefeller International and founder and chief investment officer of Breakout Capital, joins to provide insight into the current market dynamics. Sharma references his Financial Times op-ed, arguing that despite strong tech sector profits driven by AI advancements, the earnings narrative may be less robust than investors perceive, suggesting emerging vulnerabilities in the market. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)...
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03.06.26 - 23:12
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SpaceX Seeks $75B in Record IPO Plan to Fund AI, Launch (Bloomberg)
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SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk's rocket, space and artificial intelligence company targets a historic debut that could clear a path for more mega-listings.
The Starbase, Texas-based company plans to market about 555.6 million shares for $135, according to its filing Wednesday with the US Securities and Exchange Commission. At that price, SpaceX would have a market value of almost $1.77 trillion based on the outstanding shares in the filing. Bloomberg's Anthony Hughes reports. (Source: Bloomberg)...
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03.06.26 - 23:01
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Trade Groups Urge US to Boost Memory Chip Supply Strained by AI (Bloomberg)
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A global shortage of memory chips fueled by the artificial intelligence boom poses a growing risk to industries ranging from automakers to producers of medical devices, according to a coalition of US business groups who urged the Trump administration to help increase supply of the components....
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03.06.26 - 22:48
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Tech stocks slide on AI fears, oil gives Dalal Street a headache (Times of India)
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Persian Gulf tensions pushed crude prices near $100, weakening the rupee and causing the Sensex to plunge over 1,100 points mid-session. Despite initial losses, banking stocks rallied, aiding a partial recovery, while IT stocks crashed due to AI disruption fears. Foreign funds saw significant outflows....
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03.06.26 - 22:42
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Broadcom Revenue Climbs on AI Chip Demand (WSJ EN)
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The semiconductor and software maker says semiconductor revenue from AI more than doubled to $10.8 billion in the quarter, boosted by increasing demand for custom AI accelerators and AI networking, Chief Executive Hock Tan said....
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