On Monday, at Nvidia’s annual GTC conference, CEO Jensen Huang projected $1 trillion in AI infrastructure demand between 2025 and 2027. It’s an incredible figure that means business for a host of companies, including Nvidia. The biggest loser in Huang’s scenario, however, might just be Tesla with Nvidia’s autonomous driving solutions chipping away at a core part of investors’ reason for owning sto...
On Monday, at Nvidia’s annual GTC conference, CEO Jensen Huang projected $1 trillion in AI infrastructure demand between 2025 and 2027. It’s an incredible figure that means business for a host of companies, including Nvidia. The biggest loser in Huang’s scenario, however, might just be Tesla with Nvidia’s autonomous driving solutions chipping away at a core part of investors’ reason for owning stock in Elon Musk’s EV maker.
This article first appeared on GuruFocus. Tesla (TSLA, Financials) has signed a deal with LG Energy Solution for $4.3 billion to develop a lithium iron phosphate (LFP) battery factory in Lansing, Michigan. Production is slated to start in 2027.The U.S. government announced that the factory will make prismatic LFP battery cells to help Tesla's Megapack 3 energy storage devices that are made in Hous...
This article first appeared on GuruFocus. Tesla (TSLA, Financials) has signed a deal with LG Energy Solution for $4.3 billion to develop a lithium iron phosphate (LFP) battery factory in Lansing, Michigan. Production is slated to start in 2027.The U.S. government announced that the factory will make prismatic LFP battery cells to help Tesla's Megapack 3 energy storage devices that are made in Houston. The endeavor is part of a larger plan to make more batteries in the US and rely less on batteries made in China.The deal comes after reports that Tesla was looking for other suppliers because of tariffs and supply chain problems with China. LG Energy Solution, one of the few companies in the US that makes LFP batteries, will provide them for several years.Chinese companies have historically made most of the LFP batteries that are used in energy storage systems, but they don't have a lot of business in the U.S. The Michigan plant is intended to help fill that gap while meeting the expanding need for energy storage on a large scale.Tesla is still putting money into energy infrastructure as it moves beyond electric cars, and this deal shows that. The next important step will be updates and progress on building before the scheduled start of production in 2027.
Richard Drury/DigitalVision via Getty Images A recent claim on Binance Square suggested that the Fed may cut rates and cause Bitcoin ( BTC-USD ) to rally this month due to weak payroll data. Not an unreasonable assertion because SPY dropped 1.3% when those payroll numbers were released, meaning that markets had not priced in a negative payroll surprise. However, I don't believe the Fed will cut ra...
Richard Drury/DigitalVision via Getty Images A recent claim on Binance Square suggested that the Fed may cut rates and cause Bitcoin ( BTC-USD ) to rally this month due to weak payroll data. Not an unreasonable assertion because SPY dropped 1.3% when those payroll numbers were released, meaning that markets had not priced in a negative payroll surprise. However, I don't believe the Fed will cut rates because February's job loss may have been due to reasons other than a weak economy. Not only that, once readers comprehend the primary factors behind those weak payrolls, they will also understand why Chairman Powell will most likely mention that the labor market is somewhat out of the Fed's control. And just to be clear, the primary reason is not the healthcare strike . If Powell does deliver statements along those lines, it would clearly indicate a move towards a more hawkish stance, or higher-for-longer rates. BTC's Recent Rally Before delving into a discussion on payrolls, though, I think it would be wise to provide a quick explanation on why I believe that BTC's rally since the beginning of the Iran war is likely speculative, implying that the coin will revert to below $60,000 if and when this conflict quiets down. My reasoning is deceivingly simple: BTC is a risk-on asset and thus should not appreciate in a war environment, which is inherently risk-off. As a matter of fact, it should not have appreciated at all because gold, the quintessential risk-off asset, has not demonstrated an equivalent rally. An assertion that risk premiums were already priced into gold may act as a rebuttal to my logic. But stock markets slumped, and 10-year treasury yields increased ~7.5% from a low of 3.945% on February 27 to a high of 4.269% on March 16. Those movements should not have occurred if financial models had already accounted for risks associated with the war. As a result, if and when this war is over, BTC will most likely witness a strong correction. Not an Exact Science Now...
This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) is in discussions with Chinese firms, including Envicool, to procure liquid cooling systems for its data centers, reflecting growing pressure on supply chains as artificial intelligence infrastructure expands. Sources say that Google's procurement team recently went to China and talked with Envicool, a firm in Shenzhen that mak...
This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) is in discussions with Chinese firms, including Envicool, to procure liquid cooling systems for its data centers, reflecting growing pressure on supply chains as artificial intelligence infrastructure expands. Sources say that Google's procurement team recently went to China and talked with Envicool, a firm in Shenzhen that makes cooling systems. This is because the company is looking for other options because components are hard to come by in Taiwan. There are also plans for more discussions with additional vendors. Liquid cooling solutions, which employ fluids to keep high-density servers cool, are now necessary for AI workloads that create more heat than regular air cooling can handle. The talks show that the need for AI infrastructure is putting a pressure on not just chip supply but also the equipment that goes with it. According to industry forecasts, the global market for AI server liquid cooling systems will increase to more than $17 billion in 2026. This is almost twice as much as it was last year, when it was worth $8.9 billion. Chinese producers have gained market share by making more products and lowering prices, thanks to growing demand in China. Even while there are still geopolitical issues, the talks also show how Chinese vendors are becoming more important in the growth of data centers throughout the world. The next thing that may happen is if these conversations lead to official supply agreements.
English English Italiano Español Português Deutsch العربية Français Important Disclaimers FXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parti...
English English Italiano Español Português Deutsch العربية Français Important Disclaimers FXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted as, a recommendation or advice to take any action, including making any investment or purchasing any product. Before making any financial decision, you should conduct your own due diligence, exercise your own discretion, and consult with competent advisors. The content on this website is not personally directed to you, and we do not take into account your individual financial situation or needs. The information contained on this website is not necessarily provided in real time, nor is it guaranteed to be accurate. Prices displayed may be provided by market makers and not by exchanges. Any trading or other financial decision you make is entirely your own responsibility, and you must not rely solely on any information provided through the website. FXEmpire does not provide any warranty regarding the accuracy, completeness, or reliability of any information contained on the website and shall bear no responsibility for any trading losses you may incur as a result of using such information. The website may include advertisements and other promotional content. FXEmpire may receive compensation from third parties in connection with such content. FXEmpire does not endorse, recommend, or assume responsibility for the use of any third-party services or websites. Empire Media Network LTD., its employees, officers, subsidiaries, and affiliates shall not be liable for any loss or damage resulting from your use of the website or reliance on the information provid...
“Crude is gonna march higher, I’m afraid,” says Robert McNally, founder and president at Rapidan Energy Group. He offers perspective on the psychological impact on the global oil market of restricted tanker traffic through the Strait of Hormuz. (Source: Bloomberg)
“Crude is gonna march higher, I’m afraid,” says Robert McNally, founder and president at Rapidan Energy Group. He offers perspective on the psychological impact on the global oil market of restricted tanker traffic through the Strait of Hormuz. (Source: Bloomberg)
Zenith Bank Plc , Nigeria’s second-largest lender by market value, plans to list on the London Stock Exchange in 2027 to broaden access to capital and strengthen clients services. “There are a lot of deals we have on the table to finance across the UK and other countries, for which we need to raise more capital,” a bank said on Tuesday. Zenith didn’t disclose additional details of its plans. The m...
Zenith Bank Plc , Nigeria’s second-largest lender by market value, plans to list on the London Stock Exchange in 2027 to broaden access to capital and strengthen clients services. “There are a lot of deals we have on the table to finance across the UK and other countries, for which we need to raise more capital,” a bank said on Tuesday. Zenith didn’t disclose additional details of its plans. The move will make Zenith the second Nigerian lender to list on the UK exchange, following Guaranty Trust Holding Company Plc last year, when it raised $105 million . Zenith also announced it would open a branch in Manchester in addition to the operation it already has in London. Read More: Nigeria Says 30 Banks Meet Capital Threshold Ahead of Deadline Nigeria’s biggest lenders have been boosting capital buffers to meet a 2024 order by the central bank to significantly strengthen their balance sheets and are now looking for growth opportunities at home and abroad. Zenith Bank last year raised its capital cushion above the 500 billion naira ($371 million) minimum requirement sought by the regulator and announced plans to expand in francophone West Africa.
格隆汇3月17日｜据睿见，2026亚布力论坛年会于3月17日-19日在黑龙江亚布力举办。昆仑芯CEO欧阳剑表示，依据 Google、字节跳动等公开统计数据，全球Token 消耗呈量级式增长，每月、每半年均有大幅提升，年增速超 200%。同时，模型规模持续扩大，单个 Token 计算成本持续走高，引发社会对算力能耗挤占生产生活资源的普遍担忧。他强调，这一矛盾既是 AI 产业的全新挑战，也是技术创新的...
格隆汇3月17日｜据睿见，2026亚布力论坛年会于3月17日-19日在黑龙江亚布力举办。昆仑芯CEO欧阳剑表示，依据 Google、字节跳动等公开统计数据，全球Token 消耗呈量级式增长，每月、每半年均有大幅提升，年增速超 200%。同时，模型规模持续扩大，单个 Token 计算成本持续走高，引发社会对算力能耗挤占生产生活资源的普遍担忧。他强调，这一矛盾既是 AI 产业的全新挑战，也是技术创新的重要机遇。作为 AI 时代的新型基础设施，Token 必须具备普惠属性，全行业正从多维度推进成本下降。欧阳剑表示，token成本需以每年至少一个量级的速度下降，才能支撑其高速增长的调用需求，这将成为 AI 产业下一阶段的核心攻坚方向。
In the summer of 2020, Warren Buffett, the former CEO of Berkshire Hathaway, announced that the large conglomerate had taken over a 5% stake in each of Japan's five largest trading houses, which are also known as "sogo shosha." Today, those positions are collectively valued at close to $41 billion, consuming over 13% of Berkshire's massive $308 billion equities portfolio. In his first annual lette...
In the summer of 2020, Warren Buffett, the former CEO of Berkshire Hathaway, announced that the large conglomerate had taken over a 5% stake in each of Japan's five largest trading houses, which are also known as "sogo shosha." Today, those positions are collectively valued at close to $41 billion, consuming over 13% of Berkshire's massive $308 billion equities portfolio. In his first annual letter to shareholders, Berkshire's new CEO, Greg Abel, noted that he views these five positions as core holdings of the company and similar to Berkshire's major investments in its top U.S. stocks, in terms of "importance and long-term value creation opportunity." Yet because these businesses are fairly complex and operate outside the U.S., very few investors are talking about them. Here's what you need to know. What is a trading house? And which ones did Berkshire buy? At face value, investors may interpret a trading house as some kind of investment firm. While they do make investments, the trading houses are more akin to large conglomerates like Berkshire Hathaway and operate many different businesses, including energy, finance, banking, chemicals, machinery, minerals, food, and more. In fact, Buffett said he saw similarities to Berkshire in the trading houses. There's also a global aspect to these five companies, which play a big role in obtaining resources from abroad that Japan needs but aren't made domestically. One difference, however, is that while Berkshire has many subsidiaries, the Japanese trading houses consist of tens, and sometimes hundreds, of smaller companies that are not technically subsidiaries because all or most of them own small stakes in one another. This type of practice is not allowed in many countries, such as the U.S. However, it's possible Buffett may have found this an attractive moat because the structure makes these smaller companies somewhat reliant on one another's success, which could make them more resilient, though there could be drawbacks to...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) is teaming up more closely with STMicroelectronics (NYSE:STM) as both companies push into what's being called physical AI, a space that focuses on bringing AI into real world machines like robots and industrial systems. At the core of the partnership is the integration of STM's sensors, STM32 microcontrollers and motor control technolo...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) is teaming up more closely with STMicroelectronics (NYSE:STM) as both companies push into what's being called physical AI, a space that focuses on bringing AI into real world machines like robots and industrial systems. At the core of the partnership is the integration of STM's sensors, STM32 microcontrollers and motor control technologies into Nvidia's robotics platforms, including Holoscan Sensor Bridge and Isaac Sim. These tools are already used by developers to train and simulate AI systems before deploying them in real world environments. The idea is to make the entire process smoother, from building AI models to getting them working with actual hardware. STMicroelectronics said the collaboration is aimed at speeding up how quickly companies can develop and roll out advanced robotics systems. By aligning STM's hardware with Nvidia's simulation platforms, developers can train systems virtually and then transfer them into real world machines with fewer delays and lower costs.
JPMorgan Chase & Co. is leading a push by Wall Street banks to offload risky loans for acquisitions. The latest is a $2 billion debt sale to finance the purchase of asset manager Janus Henderson Group Plc by Nelson Peltz ’s Trian Fund Management and General Catalyst . The bank will kick off a call Tuesday to drum up demand for the deal. JPMorgan, which is leading four US dollar leveraged buyout or...
JPMorgan Chase & Co. is leading a push by Wall Street banks to offload risky loans for acquisitions. The latest is a $2 billion debt sale to finance the purchase of asset manager Janus Henderson Group Plc by Nelson Peltz ’s Trian Fund Management and General Catalyst . The bank will kick off a call Tuesday to drum up demand for the deal. JPMorgan, which is leading four US dollar leveraged buyout or acquisition loans in total this week, is also hosting a meeting for the long-awaited cross-border $5.75 billion offering for video game maker Electronic Arts Inc. that has already attracted strong interest . US leveraged loan prices have come under pressure in recent weeks amid worries about how artificial intelligence will impact software companies’ earnings, the escalation of the war in Iran and as cracks emerge in the private credit market. They’ve recovered slightly though, rising to about 95 cents on the dollar as of Monday according to Bloomberg-compiled data , cranking open a window to sell the debt that was underwritten by banks months ago when market conditions were more stable. Read More: JPMorgan Makes Bold Push to Offload Huge LBO Debt: Credit Weekly Trian and General Catalyst agreed to buy Janus Henderson in December, in a deal that valued the asset manager at about $7.4 billion. Trian already owned 20.6% of Janus Henderson’s shares and has been represented on the board since 2022. A lender call for the loan offering, which will be sold by a unit called Jupiter Borrower Inc., will kick off at 10 a.m. New York time, according to a person with knowledge of the matter, who asked not to be identified discussing a private transaction. The financing for acquisition, which will also refinance debt, will include $600 million of other secured debt, $1 billion of convertible preferred and $3.6 billion of common equity, the person said. Pricing discussions on the loan are 2.75 percentage points over the Secured Overnight Financing Rate with a discounted price of 98.5 to ...
“Outcome” is a dark comedy that centers on Reef Hawk (Reeves), a beloved Hollywood star who must dive into the depths of his hidden demons after he is extorted with a mysterious video that’s sure to shatter his image and end his career. With the support of his lifelong besties Kyle (Diaz) and Xander (Bomer), along with his crisis lawyer Ira (Hill), Reef embarks on a soul-searching journey to make ...
“Outcome” is a dark comedy that centers on Reef Hawk (Reeves), a beloved Hollywood star who must dive into the depths of his hidden demons after he is extorted with a mysterious video that’s sure to shatter his image and end his career. With the support of his lifelong besties Kyle (Diaz) and Xander (Bomer), along with his crisis lawyer Ira (Hill), Reef embarks on a soul-searching journey to make amends with anyone he could have possibly wronged in hopes of identifying the blackmailer. Co-writer and director Hill brings a unique lens to Reef’s wild but spiritually cleansing, nostalgic and eye-opening trip down memory lane, where confronting his past might be the only way to rescue his future. Directed by Hill, the Apple Original Film “Outcome” is written by Hill and Ezra Woods, produced by Matt Dines, Alison Goodwin and Hill under their Strong Baby banner, with Adam Merims serving as executive producer. Apple TV offers premium, compelling drama and comedy series, feature films, groundbreaking documentaries, and kids and family entertainment, and is available to watch across all your favorite screens. After its launch on November 1, 2019, Apple TV became the first all-original streaming service to launch around the world, and has premiered more original hits and received more award recognitions faster than any other streaming service in its debut. To date, Apple Original films, documentaries and series have been honored with 773 wins and 3,337 award nominations and counting, including multi-Emmy Award-winning and history-making comedies “The Studio” and “Ted Lasso,” global cultural phenomenon “Severance,” Apple’s most-viewed drama “Pluribus,” Oscar Best Picture winner “CODA” and Academy Award nominee “F1,” the highest-grossing sports feature of all time.