The headlong rush to build huge new datacenters, in order to support the growth of AI, is raising a number of concerns in the US – around the impact upon the climate crisis, water use and electricity bills. It’s also set to reshape American politics in potentially unusual ways. Companies such as Microsoft, Google, OpenAI, Amazon and Meta are pouring …
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NPR’s Ailsa Chang speaks with Jared Bernstein, a Stanford University economist who was once chief economic adviser to President Biden, on a potential artificial intelligence bubble in the U.S. AILSA CHANG, HOST: So is the AI boom actually more of a bubble? Because Wall Street is increasingly afraid of that. In fact, this week, JPMorgan’s CEO Jamie Dimon said, quote, …
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AI holds up the economy — for now. (Illustration by DALL·E) In case you missed it, I wanted to share our weekly housing news write-up from Writing Fellow Halina. If you enjoy this one, we post the latest in housing every Wednesday and share shorter original pieces every Monday and Friday for paid subscribers. If you’re already a paid subscriber …
Read More »TSMC Q3 profit expected to set record on AI spending boom Reuters TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge CNBC Taiwan Semiconductor Q3: Revenue Is In, but Margins and Guidance Still in Question Yahoo Finance TSMC Reports Third Quarter EPS of NT$17.44 Taiwan Semiconductor TSMC Earnings: Here’s What To Expect As AI Reaches A Fever …
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Global EV sales passed the 2 million mark for the first time in September 2025, according to new data from EV research house Rho Motion – here’s how it breaks down. A record-breaking September Rho Motion’s data shows that 2.1 million EVs were sold worldwide in September, the highest monthly total ever recorded. The US, UK, South Korea, and China …
Read More »Even fund managers say the AI stock boom is a bubble, BofA survey says qz.com ‘Absolutely’ a market bubble: Wall Street sounds the alarm on AI-driven boom as investors go all in Yahoo Finance US shares risk ‘sharp correction’ but markets seem complacent, IMF warns | US economy The Guardian IMF says AI investment bubble could burst, comparable to dot-com bubble Al Jazeera Oaktree’s …
Read More »Goldman Sachs Profit Surges, Fueled by Dealmaking Boom The Wall Street JournalView Full Coverage on Google News Source link
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After a flurry of billion-dollar raises, hundreds of newly minted crypto firms are now fighting to justify their valuations and prove their treasury strategies amount to more than hype. In the span of just a few months, a corporate copycat phenomenon has swept through digital assets. The playbook, pioneered by Michael Saylor’s bitcoin-hoarding behemoth, Strategy, is ostensibly simple: create or …
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Stocks took a nosedive on Friday after President Trump threatened a big tariff hike on China. Until then, Wall Street had been at record highs for months, which is why we decided to check in with Andrew Ross Sorkin, one of the country’s most influential financial reporters. He’s just written a book called “1929” about the market crash a century …
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Oracle co-founder, CTO and Executive Chairman Larry Ellison speaks during a news conference with U.S. President Donald Trump in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Andrew Harnik/Getty Images It’s been a big year for AI infrastructure deals. In just the last month, OpenAI, Oracle, Nvidia, AMD and others have announced epic transactions …
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