It hasn’t been all too clean a breakout for shares of AI chip giant Nvidia (NASDAQ:NVDA), which is still down close to 13% after tumbling off its mid-May highs. Indeed, it seems like the company can do everything right and still get rewarded with a reaction that’s relatively muted compared to the rest of the ... 3 Reasons It Might Be Time Buy the Dip in NVIDIA Stock
It hasn’t been all too clean a breakout for shares of AI chip giant Nvidia (NASDAQ:NVDA), which is still down close to 13% after tumbling off its mid-May highs. Indeed, it seems like the company can do everything right and still get rewarded with a reaction that’s relatively muted compared to the rest of the ... 3 Reasons It Might Be Time Buy the Dip in NVIDIA Stock
This collection of ‘art meets theatre meets activism’ by more than 80 writers can feel overwhelming, writes our critic, but it devastatingly conveys the cumulative horror and anger of abuse against women Can social media bring on the revolution? Maybe not, but it was vital for the collective action behind this theatrical event, conceived on a WhatsApp group for playwrights shortly after the releas...
This collection of ‘art meets theatre meets activism’ by more than 80 writers can feel overwhelming, writes our critic, but it devastatingly conveys the cumulative horror and anger of abuse against women Can social media bring on the revolution? Maybe not, but it was vital for the collective action behind this theatrical event, conceived on a WhatsApp group for playwrights shortly after the release of the Epstein files. Members of the group were angry that the world was not talking nearly enough about the impact of Jeffrey Epstein’s actions on the girls and women he abused. They were also concerned that America’s war with Iran was serving as a distraction from the violence that lay festering in these files on the paedophile-financier. So when British playwright Rebecca Lenkiewicz sent out a prompt, scores of writers responded. That was four months ago. This week, more than 80 of those writers have mobilised a creative response under the lead direction of Lucy Morrison along with Hannah Hauer-King, Madeleine Kludge and Tessa Walker. It takes place across 15 spaces, cupboards as well as open plan areas, on the upper storey of an office in London, currently occupied by Theatre Deli, a company that takes over empty locations. Continue reading...
Matt Kennedy, Senior IPO Market Strategist at Renaissance Capital, expects SpaceX to more than triple revenue in the next two years. He speaks before SpaceX begins trading for the first time on "Bloomberg Surveillance." (Source: Bloomberg)
Matt Kennedy, Senior IPO Market Strategist at Renaissance Capital, expects SpaceX to more than triple revenue in the next two years. He speaks before SpaceX begins trading for the first time on "Bloomberg Surveillance." (Source: Bloomberg)
tupungato/iStock Editorial via Getty Images Recent component cost inflation, driven by intensifying power and memory supply constraints, has pressured hyperscaler AI spending plans. Specifically, capex outlays earmarked by the U.S.'s largest hyperscalers—spanning Amazon ( AMZN ), Google ( GOOG ) ( GOOGL ), Microsoft Corporation ( MSFT ), and Meta Platforms ( META )—are on track to exceed $725 bill...
tupungato/iStock Editorial via Getty Images Recent component cost inflation, driven by intensifying power and memory supply constraints, has pressured hyperscaler AI spending plans. Specifically, capex outlays earmarked by the U.S.'s largest hyperscalers—spanning Amazon ( AMZN ), Google ( GOOG ) ( GOOGL ), Microsoft Corporation ( MSFT ), and Meta Platforms ( META )—are on track to exceed $725 billion this year alone, rising from $650 billion projected at the beginning of the year. This reflects ongoing urgency in bringing new compute capacity online to address burgeoning AI demand that continues to outstrip supply, further amplified by rising component costs as the industry grapples with intensifying memory constraints. With the cohort collectively signaling expectations for a sustained step-up in near-term AI spending, Wall Street now estimates total U.S. hyperscaler capex to exceed $1 trillion in 2027. This dynamic is clearly evident at Microsoft, which raised its FY 2026 capex to $190 billion, up from about $140 billion implied by its fiscal Q1 spending run rate. The sustained elevated spending outlook is further reflected in Microsoft’s continued procurement of new data center leases, long-term power supply, and both merchant and in-house processors to accelerate capacity expansion. The growing intensity of its growth investments also coincides with an increasing amount of debt coming due within the next 12 months. As its hyperscaler peers increasingly capitalize on sustained investor appetite for AI-linked investments by tapping debt and equity markets to fund accelerating infrastructure spending plans, Microsoft remains one of the few that’s yet to do so. Instead, the company’s been preferring product enhancements and pricing actions to reinforce demand and bolster cash flow, as evidenced by the upcoming E7 refresh and accompanying rate hike, alongside GitHub Copilot’s transition to a usage-based billing model. As such, external financing has emerged as a “low...