Article
Visualizing Data Center Power Surge Before White House Meets With Big Tech
Visualizing Data Center Power Surge Before White House Meets With Big Tech
Ahead of tomorrow's White House meeting, where representatives from Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI are expected to pledge that their data-center buildouts will not drive higher power bills for households near those facilities, UBS analyst Arend Kapteyn has published a new note featuring a chart of the day that visualizes the rapid growth in data center power demand on the grid.
After staying mostly flat for years, data center electricity demand has been surging since 2017,...
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Wells Fargo Sees 'YOLO' Trade Driving $150B Into Bitcoin & Risk Assets
Wells Fargo Sees 'YOLO' Trade Driving $150B Into Bitcoin & Risk Assets
Authored by Zoltan Vardai via CoinTelegraph.com,
US tax filers may see bigger refunds in 2026 compared with previous years, a development one Wall Street strategist said may boost risk appetite for digital assets and tech stocks preferred among retail investors.
In a note cited by CNBC, Wells Fargo analyst Ohsung Kwon said the coming refund wave may help bring back the so-called “YOLO” trade, with as much as $150 billion potentially flowing into equities and Bitcoin by the end of...
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