Data center stocks have done well in the past few years as demand for computing powers jumped. This growth may continue in the coming years as analysts predict robust spending in the industry. For example, Citigroup analysts predicted that the AI industry will need to spend over $2.8 trillion by 2029. Other studies have delivered
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3.6KThe White House issued a blistering response to former Vice President Kamala Harris after she suggested the administration is filled with ‘crazy’ ‘mother—ers.’ ‘Kamala Harris should listen to an audio recording of her cackle of a laugh before calling anyone crazy,’ White House spokesman Kush Desai told Fox News Digital in a Tuesday statement.
3.5KCNBC reports, artificial intelligence has entered a stage where funding and valuations appear detached from traditional business fundamentals, according to Amazon founder Jeff Bezos. Speaking at Italian Tech Week in Turin, Bezos described the current surge of capital into AI as an “industrial bubble.” Unlike purely financial bubbles, he noted, these periods often leave behind
1.4KDemocratic Sen. John Fetterman of Pennsylvania, a staunch supporter of Israel, congratulated President Donald Trump on Wednesday shortly after the commander in chief announced in a Truth Social post that Hamas and Israel agreed to phase one of a peace plan. Fetterman said that he and the president are both unflinchingly committed to the U.S.
2.4KWall Street’s perception of cryptocurrencies continues to improve, and Coinbase Global (NASDAQ: COIN) is increasingly seen as one of the best-positioned companies to benefit from the trend. Analysts at Rothschild & Co Redburn upgraded Coinbase shares to Buy from Neutral in a note published Friday, raising their price target to $417 from $325. The firm
4KSenate Republicans aren’t ready to go ‘nuclear’ again to change the rules around the Senate filibuster as Senate Democrats dig deeper against the GOP’s push to reopen the government. Senate Majority Leader John Thune, R-S.D., and Republicans need at least eight Democrats to cross the aisle and vote for their continuing resolution (CR) to pass
4.7KMore than 2.8 million Brits have signed a petition as of Wednesday, calling on the U.K. government to reverse its mandatory Digital ID system over concerns it will lead to ‘mass surveillance and digital control.’ The ID program, dubbed ‘Brit Card’ and announced last week by U.K. Prime Minister Keir Starmer, is set to be
3KUS stocks were marginally in the green on Friday as Wall Street took a breather after a strong rally in the previous session that pushed major indices to new record highs. Strength in artificial intelligence-related stocks continued to underpin sentiment, even as the federal government shutdown extended into its third day. The Dow Jones Industrial
4.5KApple Inc. (NASDAQ: AAPL) faced pressure on Thursday after analysts at Jefferies downgraded the stock, warning that investor expectations surrounding upcoming iPhone models—particularly a potential foldable version—are unrealistic. The firm cut its rating to Underperform from Hold and lowered its price target to $205.16 from $205.82, implying roughly 20% downside from current levels. Shares of
2.7KPlug stock (NASDAQ: PLUG) had a big day on Friday, as it witnessed a 22% surge. Investors are clearly excited, thanks to a mix of analyst upgrades, key operational wins, and the company’s push into international markets. Even though Plug Power has faced financial losses in the past and the hydrogen business comes with its
