AI Doesn’t Have a Capital Problem, but Lacks Usable Power

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The main thing that’s lacking is electricity. Elon Musk warned us earlier this year when he said that the industry is close to producing "more chips than we can turn on." JPMorgan’s aforementioned report noted that more data centers would already be coming online if the power were there to run them.

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Stocks mixed on tech weakness after earnings while oil slides ahead of weekend - Newsquawk US Market Wrap

REAR VIEW: Trump hasn't made a decision on major strikes on Iran, could make a deal or could hit them harder; Trump writes Xi and Putin said to him not to sell weapons to Iran; Pakistan reportedly exploring a path to resume US-Iran talks; Trump said to be losing patience over an Iran war with no clear end in sight; Iran rejects US ceasefire deal presented by Iraqi leader; Mixed US Flash S&P Global PMIs, Mfg misses, Svs beats; US announces new 10-12.5% tariffs on 60 countries; INTC earnings & guidance beat, capex raise sparks concern