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14.04.26 - 20:15
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Microsoft Leases Former OpenAI Stargate Data Center in Norway (AAStocks)
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Microsoft (MSFT.US) said on Tuesday that it has agreed to lease capacity at a data center in Norway from cloud service provider Nscale, which was originally designed for OpenAI's "Stargate" project.Nscale said Microsoft will lease 30,000 Nvidia Vera Rubin chips for use at its campus located in Narvik, Norway, within the Arctic C......
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14.04.26 - 16:24
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Live Nasdaq Composite: Markets Rebound, Oil Slips in Pivot Toward Tech Deals (24/7 Wall St.)
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Live Updates The analyst who called NVIDIA in 2010 just named his top 10 AI stocksWall Street is pouring billions into AI, but most investors are buying the wrong stocks. The analyst who first identified NVIDIA as a buy back in 2010 — before its 28,000% run — has just pinpointed 10 new AI companies ... Live Nasdaq Composite: Markets Rebound, Oil Slips in Pivot Toward Tech Deals...
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14.04.26 - 15:27
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Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism (ZeroHedge)
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Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism
US equity futures, and global stocks rise while oil slides on a Reuters report that negotiating teams from the US and Iran could return to Pakistan later this week to resume negotiations to end the war in the Gulf, days after the first peace talks ended without a breakthrough, with chatter from Pakistani media that Trump is said to be in attendance. As of 8:00am ET, S&P 500 futures are up 0.2% while Nasdaq 100 contracts add 0.4%, as the cash index braces for a 10th straight day of gains, its longest streak of gains since 2021, with all Mag 7 stocks higher in premarket trading (Alphabet +0.9%, Amazon +0.7%, Apple +0.2%, Nvidia +0.6%, Meta Platforms +1.2%, Microsoft +1.1%, Tesla +1.9%) as tech / semis outperform other sectors; Cyclicals ex-Energy are leading Defensives. The risk-on rally is poised to continue today with the dollar weaker for a 7th day in a row while Treasuries were little changed. Gold rose 0.7% towa...
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