Mark Zuckerberg Says Meta to Build Several Gigawatt-Size Data Centers Bloomberg Meta’s Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push Yahoo Finance Zuckerberg says Meta will invest hundreds of billions in superintelligence Reuters Meta CEO plans to invest $100’s of billions on AI, bring first 1GW-plus supercluster online Seeking Alpha Eighty years after bomb, is AI a new arms race …
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JPMorgan Preparing to Charge FinTechs for Consumer Bank Data
JPMorgan has reportedly told FinTechs it will begin charging for access to customer bank info. That’s according to a report Friday (July 11) from Bloomberg News, which noted these fees from the largest American bank could amount to hundreds of millions of dollars, threatening the FinTech sector’s business model. The bank has sent pricing sheets to data aggregators — which …
Read More »SA Asks: What are the most attractive data center stocks?
BlackJack3D What are the most attractive data center stocks right now? Seeking Alpha analysts Geneva Investor, Joseph Parrish and PropNotes weigh in. Geneva Investor: I see Super Micro Computer (NASDAQ:SMCI) as a good data center bet. Its valuation is reasonable Source link
Read More »Big Bank Earnings, June Inflation, Retail Sales Data
:max_bytes(150000):strip_icc()/INV_JPMorganChaseHQ_GettyImages-548207569-6747006d369b496ab4697e8b361ba6a6.jpg "Big Bank Earnings, June Inflation, Retail Sales Data")
Key Takeaways Earnings updates from several top financial institutions are scheduled, including JPMorgan Chase, Wells Fargo, Morgan Stanley, and Goldman Sachs. Investors also will be watching for earnings from TSMC, Netflix, Johnson & Johnson, and Novartis. Consumer Price Index inflation and U.S. retail sales data for June also will be analyzed, along with updates on the housing market. Federal Reserve officials …
Read More »ICE data shows 72% of people detained have no criminal convictions
President Donald Trump has pledged to deport “the worst of the worst.” He frequently speaks at public appearances about the countless “dangerous criminals” — among them murderers, rapists and child predators — from around the world he says entered the U.S. illegally under the Biden administration. He promises to expel millions of migrants in the largest deportation program in American history to protect law-abiding citizens from the violent …
Read More »Trump says he’s deporting ‘worst of the worst.’ Data tell different story
President Donald Trump has pledged to deport “the worst of the worst.” He frequently speaks at public appearances about the countless “dangerous criminals” — among them murderers, rapists and child predators — from around the world he says entered the U.S. illegally under the Biden administration. He promises to expel millions of migrants in the largest deportation program in American …
Read More »Elon Musk’s X investigated in France for alleged data tampering and data fraud
PARIS (AP) — French prosecutors have launched a police investigation into alleged data tampering and fraud involving X, Elon Musk’s social media platform. The Paris prosecutor’s office, in a statement Friday, announced the opening of the investigation, and said that a branch of the French gendarmerie is conducting the inquiry. The investigation is looking into two alleged offenses “in particular” …
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