Oracle and OpenAI End Plans to Expand Flagship Data Center Bloomberg.com

Photographer: Kyle Grillot/Bloomberg Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks created an opening for Meta Platforms Inc. to step in and consider leasing the planned expansion site in Abilene, Texas, from developer Crusoe, according to people familiar with the matter. Nvidia Corp., the leading AI chipmaker, helped facilitate Meta’s discussions with the developer, said the people, who asked not to be identified because the talks are private. Most Read from Bloomberg The shifting plans underscore the complexity of building out AI data centers, which are expected to cost in the tens of billions of dollars and require cooperation from a wide swath of partners. The campus being developed by Crusoe in Abilene is part of the highly publicized Stargate project, which was announced last year at the White House with President Donald Trump. While the 1,000-acre site continues to be built, and several parts are up and running, Oracle and OpenAI elected not to go forward with tentative plans to lease a large expansion, the people said. Oracle and OpenAI are using Nvidia’s AI semiconductors at the Stargate site. With Crusoe seeking a tenant, Nvidia became involved to ensure its products would still fill the expanded data center rather than that of rival Advanced Micro Devices Inc., said the people. Nvidia paid a $150 million deposit to Crusoe and began helping court Meta as a tenant for the expansion, the people said. Oracle agreed last July to develop 4.5 gigawatts of data center capacity for OpenAI. That deal remains on track, and the companies have announced a number of projects in other locations, such as one near Detroit owned by Related Digital. Intense computing power needed to train and deploy AI models has led to a boom in data center projects of unprecedented scale. Oracle has transformed its business to focus on ...

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Oil is soaring, President Donald Trump is demanding an unconditional surrender, and no peace talks are being held. Bloomberg's Christina Ruffini takes a look at where things stand now, almost one week after the fighting started. (Source: Bloomberg)

美官员称“福特”号航母已从东地中海调往红海 2026-03-07 04:08:40 来源： 同花顺7x24快讯 分享 美国官员当地时间3月6日称，“福特”号航空母舰已离开东地中海，穿越苏伊士运河，目前正在红海执行任务。(央视新闻)

In this article HOOD Follow your favorite stocks CREATE FREE ACCOUNT Robinhood signage during a media event at John F. Kennedy International Airport (JFK) in New York, US, on Wednesday, March 4, 2026. Adam Gray | Bloomberg | Getty Images Robinhood's Venture Fund I plunged 11% in its public market debut on the New York Stock Exchange on Friday, casting doubt on investors' appetite for riskier investment amid swirling geopolitical tensions. The fund, which is trades under the ticker RVI, offers exposure to notable private companies such as financial services firm Revolut and software company Databricks. It aims to democratize access to an area of capital markets that has often been off limits to retail investors, Robinhood CEO Vlad Tenev told CNBC's " Squawk on the Street " on Friday. "You have companies that are out there at valuations in the hundreds of billions, even getting into the trillions in private markets before retail investors get a chance to come in at all and this is happening more and more," Tenev said. "We're trying to solve this by not just opening the door to private markets but completely blowing them off the hinges so that they can never be closed." Retail investors can buy and sell shares of the closed-end fund, which is structured like an investment firm, much like they would shares of a traditional company. However, the launch comes during a tough time for public markets. The major U.S. stock averages are on pace for weekly declines as traders sell equities on fears the U.S.-Iran conflict could continue longer than anticipated. Robinhood Ventures Fund priced its initial public offering at $25 per share. It opened at $22 and hit a low of $21 before trading around back around $22.12. VIDEO 9:44 09:44 Watch CNBC’s full interview with Robinhood CEO Vlad Tenev RVI were last trading at $22.17 per share.

伊朗军方发言人阿布法兹尔·谢卡尔奇当地时间6日晚称，“我们重申霍尔木兹海峡的安全，并确认我们对它的控制，但我们不会关闭它。” (央视新闻)

It's been a brutal few weeks for NuScale Power (SMR 3.94%) stock. This week was no different, with the nuclear energy stock shedding another 9% to cap off a 33% decline in just about five weeks, as of this writing. This week's drop, however, wasn't just another bout of market fatigue. NuScale Power is reeling under a brutal triad of poor numbers, multiple analyst downgrades, and cascading class action lawsuits, all in March. Here's all you need to know. Why are analysts turning sour on NuScale stock? The optimism that fueled NuScale's rally earlier this year seems to have already evaporated, with several analysts slashing their price targets on the stock this week. Notable ones include: Citigroup : cuts NuScale's price target from $18.50 per share to $11.50 a share with a sell rating Royal Bank of Canada : slashes price target from $21 per share to $14 per share Goldman Sachs: trims price target to $14 per share from $20 a share. Last week, analysts from Craig-Hallum more than halved NuScale stock's price target from $53 apiece to $24 per share. What's behind this rout? Expand NYSE : SMR NuScale Power Today's Change ( -3.94 %) $ -0.48 Current Price $ 11.70 Key Data Points Market Cap $3.9B Day's Range $ 11.62 - $ 12.23 52wk Range $ 11.08 - $ 57.42 Volume 970K Avg Vol 26M Gross Margin 33.84 % On Feb. 26, NuScale reported a 15% drop in 2025 revenue and a staggering 700% increase in general and administrative expenses for the year, resulting in a net loss of $2017 per share, versus $1.47 per share in 2024. One big number among those expenses caught everyone's eye: a $507.4 million payment to ENTRA1 Energy, NuScale's exclusive partner for the development and commercialization of its VOYGR small modular reactors (SMRs). What happened next shook investor confidence in NuScale. The questionable ENTRA1 link A barrage of law firms has filed investor class action lawsuits against NuScale in recent days, alleging that the company misrepresented ENTRA1 Energy's experience and ca...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Alibaba Group Holding (NYSE:BABA) has reshuffled leadership in its Qwen AI division following a series of senior executive departures, including tech lead Lin Junyang. The company has formed a new internal AI task force led by senior management to speed up large language model development and deployment. Alibaba has also hired a senior researcher from Google DeepMind to deepen its in house AI research capabilities. For you as an investor, this is happening at a time when Alibaba is pushing hard to put artificial intelligence at the center of its e commerce, cloud and enterprise software businesses. The Qwen AI unit sits at the core of that effort because it builds models that can be plugged into everything from merchant tools to cloud services. Leadership turnover in a key division can raise questions. At the same time, the quick creation of a new AI task force and the DeepMind hire underline how seriously Alibaba is treating this area. The next chapters in Qwen AI's product roadmap, partnership activity and capital allocation choices will be important clues for how Alibaba intends to compete with global AI platforms over the long run. Stay updated on the most important news stories for Alibaba Group Holding by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Alibaba Group Holding. NYSE:BABA 1-Year Stock Price Chart Does the team leading Alibaba Group Holding have what it takes? See our full breakdown of the management team's track record and compensation. Quick Assessment ✅ Price vs Analyst Target : At US$130.35 against a consensus target of about US$198.99, the share price is roughly 35% below analyst expectations. ✅ Simply Wall St Valuation : Simply Wall St estimates the shares are trading about 50.5% below fair value, which is a siz...

Some current and former Federal Emergency Management Agency (Fema) staff are celebrating the Thursday firing of homeland security secretary Kristi Noem, who they say has made the US more dangerous by micromanaging and shrinking the agency. Since her confirmation to lead the Department of Homeland Security (DHS) last January, Noem’s tenure was criticized for degrading Fema – the nation’s foremost agency for disaster management and recovery – and repeatedly stating her support for the elimination of the agency. Noem said the overhaul was necessary to end bloating and inefficiency. “Kristi Noem failed as a leader of DHS,” said Michael Coen, a former Fema chief of staff in the Obama and Biden administrations. “Her micromanagement of Fema eroded Fema’s capability and withheld critical funding from states and communities across the country.” Noem’s ouster followed her contentious testimony at a pair of Senate committee hearings, where she faced harsh criticism from Democratic and Republican lawmakers. She is the first cabinet-level official to be fired by Donald Trump during his second presidential term. “Am I relieved she is gone? Yes,” one longtime Fema official, who requested anonymity, told the Guardian. “You’d be hard-pressed to find anyone in Fema who isn’t on that spectrum from relieved to celebratory.” Fema did not immediately respond to a request for comment. In her year in Trump’s cabinet, Noem sparked ire for insisting on personally controlling staffing and spending at Fema, which is housed within DHS.. “She was such a singularly destructive force and we will be feeling the extent of her incompetence for years,” said the longtime official. “She took arguably the only part of DHS designed to help American communities and sacrificed it on the altar of ideology.” Amid deadly floods in Texas over the summer, for instance, Fema officials were reportedly unable to pre-position rescue crews or attend to emergency calls because of a requirement that Noem personally app...

分析人士称，印度尼西亚的镍生产商可能被迫减产，因为他们所需的硫磺有75%依赖中东进口，而当前海湾地区的航运正因冲突持续受到严重干扰。 硫磺用于生产硫酸，而硫酸对于从矿石中浸出金属至关重要，尤其是在镍和铜的提炼过程中。非洲的一些铜生产商也可能面临类似问题。 根据美国地质调查局的数据，去年全球约24%的硫磺产自中东，总量达8387万公吨。由于美、以与伊朗之间的报复性攻击，霍尔木兹海峡的航运受阻，供应正受到威胁。 咨询公司CRU的分析师彼得·哈里森表示，印尼约四分之三的硫磺依赖进口。该国出产的镍主要用于生产不锈钢。 据印尼两家外资冶炼厂不愿透露姓名的消息人士称，当地高压酸浸（HPAL）镍厂的硫磺库存仅够维持一至两个月。由于未获授权公开谈论此事，消息人士要求匿名。 Project Blue分析师马可·马丁斯表示，在冲突爆发前，由于硫磺价格大幅上涨，其成本已占HPAL工厂运营成本的一半。他补充道，如果没有替代供应，工厂最早可能在下个月被迫削减产量。 争相寻找供应源 对供应的争夺将使印尼的镍冶炼厂与非洲的铜矿，以及全球各地的化肥生产商形成竞争，后者同样在寻求替代中东硫磺的货源。CRU的哈里森表示，冲突前硫磺价格已涨至每吨500美元，据估算又进一步上涨了10%至15%。 赞比亚的一位物流消息人士称，南部非洲目前的硫磺库存约为90万吨，仅能维持短短几周。 哈里森指出，去年刚果民主共和国进口了130万至140万吨硫磺用于生产铜，其中大部分来自中东。 铜冶炼厂在生产过程中可产生硫酸作为副产品。这意味着在非洲拥有冶炼厂或邻近冶炼厂的铜矿商，至少在某种程度上能免受短缺冲击。 第一量子矿业公司赞比亚国家主管安东尼·穆库图马表示，其铜业务并未受到影响，因为该公司从自己的冶炼厂获取硫酸。 Project Blue的马丁斯表示，并非所有矿商都能轻易获得冶炼厂生产的酸，许多企业仍依赖硫磺进口。 艾芬豪矿业的罗伯特·弗里德兰在X平台发文称，价格很可能会进一步上涨。该公司与一家外资企业在刚果的卡莫阿-卡库拉铜矿项目共同拥有一座 日产 1200吨硫酸的工厂。 CRU的哈里森表示，如果船只通行受阻持续超过两周，那么消费需求延迟或放缓将不可避免。 责任编辑：张俊 SF065

Source: Bloomberg, 6:00

Source: Bloomberg, 5:05

美国航空公司早就放弃了对冲燃油成本的做法。随着美国和以色列对伊朗实施打击后油价飙升，如果冲突持续时间过长，导致油价数月居高不下，航空公司的底线可能会被大幅削减。 过去一周，航空燃油价格上涨了15%，这对已经在应对冲突扩大所带来的影响的航空业来说又是一个挑战，目前已有2万多个航班被取消，数千名乘客滞留。 燃料是航空公司仅次于劳动力的第二大支出，通常占运营支出的五分之一到四分之一 ，而在过去二十年里，美国的航空公司基本上停止了对这一成本的对冲。美国西南航空过去曾是一个积极的对冲者，但在2025年终止了这一做法，称其昂贵且不可靠。包括法荷航和国泰航空在内的欧洲和亚洲公司都保持着积极的对冲记录。 通过使用衍生品合约，套期保值可以保护航空公司免受燃料成本飙升的影响 。但是，当价格下跌时，套期保值也可能适得其反，使航空公司面临高于市场价格的掉期利率。过去，美国航空公司曾因某类套期保值合约而陷入困境。 如果不进行套期保值，航空公司将面临喷气机燃油价格长期上涨的风险，根据油价信息服务公司的数据，目前的平均价格为每加仑2.83美元。根据标准普尔全球能源公司旗下普氏能源资讯公司（Platts）的数据，美国墨西哥湾沿岸的现货燃油交易价格周四飙升至每加仑4.12美元，为2022年6月以来最高。 达美航空公司在其年度文件中称，每加仑喷气燃料成本增加1美分将使每年的燃料支出增加约4000万美元。根据监管部门的文件，美国航空公司的燃油成本将增加约5000万美元，西南航空公司的燃油成本将增加2200万美元。 美航发言人表示，美国航空在2025年使用的燃料量大约是西南航空的两倍，这反映了机队规模和整体飞行水平与西南航空的差异。 TD Cowen周一估计，按目前的航油价格计算，美国联合航空公司三月份季度每股收益（EPS），介于5美分至22美分之间，远低于美联航一月份调整后每股收益1美元至1.5美元的预测。美联航拒绝发表评论，但其首席执行官斯科特·柯比表示，燃油价格上涨将对其季度业绩产生“重大”影响。 根据路透的计算，如果喷气机燃油价格全年保持在如此高的水平，那么这四家美国航空公司的燃油成本将合计增加58亿美元，而此前几年燃油成本一直在下降。 责任编辑：李桐

The problem with crises like this is that stocks and bonds can both fail.

Anterix (ATEX), Qualcomm (QCOM) Expand Collaboration for Next-Gen Utility Wireless Insider Monkey

It’s about more than just wages, as women also fall behind in wealth, career opportunities and investing confidence.

It's now been almost exactly one year since the creation of the Strategic Bitcoin (BTC 3.98%) Reserve, and there hasn't been a lot to show for it. After all, the price of Bitcoin is now more than 45% below its all-time high. But that could soon change. In January, Cathie Wood of Ark Invest outlined a scenario in which the U.S. government might initiate buying for the Strategic Bitcoin Reserve ahead of the 2026 midterm elections. If so, this could be the missing X factor that Bitcoin investors have been waiting for. How much Bitcoin will the U.S. government buy? The original plan back in 2024 was for the U.S. government to buy 1 million BTC, or roughly 5% of the total circulating supply. According to Motley Fool research, that would make the U.S. government the largest holder of Bitcoin in the world. Some plans, though, call for even greater Bitcoin exposure. Michael Saylor, the founder and executive chairman of Strategy (MSTR 5.04%), has outlined a plan for the U.S. government to own 25% of all Bitcoin in circulation by the year 2035. This aggressive buying would help to guarantee that the U.S. becomes the "crypto capital of the world." It would also help to provide a steady floor under the price of Bitcoin by providing a consistent source of demand for the next decade. And that would be music to the ears of Bitcoin investors. After all, it's one thing for relatively tiny Bitcoin treasury companies to scoop up Bitcoin, but it's another thing entirely when an economic superpower is doing so as part of a new strategic imperative. A Bitcoin arms race In a best-case scenario for Bitcoin investors, this steady buying by the United States would encourage other sovereign nations to dip their toes into the crypto market. The winner of this so-called "Bitcoin arms race" would become the dominant economic player on the planet, simply due to the vast amount of wealth being created. Expand CRYPTO : BTC Bitcoin Today's Change ( -3.98 %) $ -2823.82 Current Price $ 68198.00 Key Da...

NicoElNino U.S. consumer credit declined by $8.05B in January, compared to the $11.1B gain expected and the $25.20B (revised from $24.05B) surge logged in December, according to data released by the Federal Reserve on Friday. Consumer borrowing fell to $5.1 trillion in January from $5.11 trillion in December. In January, consumer credit increased at a seasonally adjusted annual rate of 1.9%. Revolving credit increased at an annual rate of 4.3%, while nonrevolving credit increased at an annual rate of 1.1%. More on U.S. Economy January payrolls pop a 'false alarm' after February report: TS Lombard Business and retail-ex auto inventories increase in December Retail sales decline less than expected in January

MMK俄罗斯四大钢铁制造商之一。其煤炭子公司周五宣布，由于市场状况持续恶化，决定关闭一处长期亏损的煤矿。 俄罗斯煤炭行业是受经济放缓和西方制裁冲击最严重的行业之一。该行业三分之二的企业在2025年报告亏损。去年，政府曾向煤矿企业提供了一些援助以维持其运营。 位于西西伯利亚克麦罗沃地区的Chertinskaya-Koksovaya煤矿在2025年生产了120万吨煤炭。公司没有透露该矿的员工人数。 MMK Coal在一份新闻稿中表示：“暂停煤矿运营的决定受到多种外部因素的影响，包括煤炭精矿价格大幅下跌、成本上升以及钢铁制造商对焦煤的消费减少。” 报告指出，该矿多个季度的生产成本显著高于市场价格。公司补充表示，将为矿工提供就业安置选择。 责任编辑：张俊 SF065

“Pharma Bro” Martin Shkreli has published a detailed bull case for photonic computing Thursday , sayinghe is now actively working at Q/C Technologies Inc. (NASDAQ:QCLS), the micro-cap firm he first invested in last December. What Shkreli Is Arguing Shkreli’s Substack essay, titled “Photonic Computing: The Final AI Hardware Frontier,” lays out a simple thesis: GPUs from Nvidia Corp. (NASDAQ:NVDA) spend roughly 99% of their time doing one thing, matrix multiplication. Trillions of dollars in market value exist to make that single calculation faster and cheaper. Photonic computing uses light instead of electrical signals to do the same math. Shkreli argues light can handle these operations in near-linear time versus cubic time for GPUs. On large matrices, that difference could be enormous. Shkreli was named a strategic advisor to QCLS in December. His partner Chelsea Voss, a member of technical staff at OpenAI, joined the board in January. Why It Matters For The GPU Trade If Shkreli is right, some large prediction market contracts in crypto would need to reprice. Polymarket gives Nvidia a 61% chance of ending 2026 as the world’s largest company by market cap, and the AI bubble burst contract sits at 19% by year-end , with one trigger being NVDA falling 50% from its all-time high. Both markets assume GPU dominance holds. Shkreli is betting it doesn’t. If photonic computing scales, GPU pricing power could compress. Even if photonics eventually disrupts GPU economics, the prediction markets suggest almost nobody sees it as a near-term threat. Why Traders Are Skeptical QCLS started life as TNF Pharmaceuticals and pivoted to photonic computing in September 2025. SEC filings explicitly earmarked it for “cryptocurrency infrastructure.” Repackaging a crypto pivot as an AI “GPU killer” just months later is a classic micro-cap maneuver to chase retail liquidity. Trailing twelve-month net losses sit at roughly $23.4 million with minimal revenue. The company filed a $100 million m...

美国五角大楼周五表示，将于本周末在新墨西哥州与美国联邦航空管理局一起对用于应对无人机威胁的高能激光进行测试。 五角大楼称，即将举行的这次活动将专门解决联邦航空管理局的安全问题，同时收集有关激光对飞机替代物的物质影响的数据，验证自动安全关闭系统的功能，并为机组人员眼睛安全分析提供信息。 美国军方在2 月25 日用激光反无人机系统错误地击落了一架政府无人机。这促使美国联邦航空局（FAA）扩大了德克萨斯州汉考克堡附近的禁飞区域，此前FAA曾于2月18日表示，将在德克萨斯州埃尔帕索附近的机场停止所有航班飞行10天，但在大约8小时后， 扭转了局面并取消了这一命令。 美国运输部副部长史蒂夫·布拉德伯里周五在接受路透采访时说，测试是必要的，这样联邦航空局就可以“对激光系统的局限性、如何调整以及如何控制感到满意”。 布拉德伯里说，联邦航空局决心制定一个框架，以便确信在使用该系统的情况下空域是安全的，而不需要对个别用途签字认可。 “如果我们不能做到这一点，我们将需要关闭空域或至少在必要时限制空域，”布拉德伯里说，并表示他们正在快速完成安全分析。“他们有一项极其重要的工作要做，我们也有一项极其重要的工作要做，我们需要协调，这样两项工作都能完成。” 立法者们在周三的机密通报会后表示，这些事件表明需要大力加强协调。 参议院商务委员会主席特德·克鲁兹说：“很明显，在反无人机技术的可操作性方面存在真正的挑战。” 责任编辑：李桐

Investors are piling into US bond-market products that protect against inflation — pushing some valuations to the highest levels in nearly a year — as the Mideast war sparks a surge in energy prices. In the markets for Treasuries and inflation swaps, where investors can receive payments linked to the US consumer price index, the cost of those payments has soared with oil since the US and Israel attacked Iran over the weekend, and as Iran has retaliated. The appetite to hedge against hotter price pressures has supported short-term Treasury Inflation-Protected Securities, yields on which have risen less than those on conventional bonds. The result is that the yield on regular five-year notes, at about 3.7%, is now around the highest since April relative to the rate on five-year TIPS, which yield 1.05% . That gap is a market proxy for the average expected inflation rate over the coming half-decade. “TIPS are a very attractive product at moments like this because the literal cash flows increase alongside CPI inflation,” said Jon Hill , head of US inflation strategy at Barclays Capital. “And we know that a pickup in energy prices is going to feed through to higher gasoline and therefore higher CPI.” On Friday, the economic backdrop grew even more complex for investors. A report showing surprisingly weak February employment pushed yields on regular Treasuries lower for the first day this week. Meanwhile, the US benchmark oil futures contract rose to the highest since 2023. The quest for protection is also evident in inflation swaps, where the cost of receiving inflation has soared. For a one-year CPI swap, the exchange rate is near 2.9% . A week ago it was about 2.5%. Short-maturity TIPS enjoy both the prospect of bigger inflation-adjusted interest payments and the near-certainty that the Federal Reserve won’t raise interest rates in response to a brief inflation shock stemming from costlier oil, said Gang Hu , managing partner at Winshore Capital Partners. “The short-ter...