Amazon obtains copper supply from an Arizona mine for data center growth.
Amazon’s Expansion into Copper for AI Infrastructure In a segment of “The Craman Countdown,” Pacer ETF President Sean O’Hara discusses the rising importance of copper and other essential metals for powering AI technologies, data centers, and advanced electronics. Amazon is broadening its efforts to establish large-scale artificial intelligence data centers in Arizona. This move coincides […]
EUR/USD falls under 1.1650 as robust US data supports Fed’s steady stance
EUR/USD Trends Downward Amid Strong Dollar The EUR/USD pair continued its downward trend for the third straight session, trading at approximately 1.1640 during Asian hours on Thursday. This decline can be attributed to the strengthening of the U.S. dollar, boosted by better-than-expected results in the producer price index (PPI) and retail sales. Additionally, a decrease […]
Data centers in space might become a reality in the coming years
Emerging Trends in Space-Based Data Centers The demand for electricity is climbing rapidly, particularly with the rise of artificial intelligence (AI). Companies are now exploring the idea of establishing data centers in space, which could revolutionize the way energy-intensive operations are managed. Prominent entrepreneurs like Elon Musk, the CEO of SpaceX, and Jeff Bezos, founder […]
Verizon Experiences Significant Service Outage Affecting Voice and Data for Customers Nationwide
Verizon Service Disruptions Across the U.S. Verizon users nationwide faced significant service interruptions on Wednesday, impacting voice calls and mobile data for several hours. The company has not revealed what caused the outage, but law enforcement officials do not believe it was a cyberattack. According to various reports, the widespread network outage began around noon […]
Fauci Made Private Remarks Calling Natural Immunity Data ‘Impressive’ Before Mandating Vaccinations for Americans
Recently unveiled documents reveal that Anthony Fauci privately recognized “impressive data” indicating that natural infection offers more robust immunity against COVID-19 compared to vaccines. This acknowledgment comes from officials involved in former President Joe Biden’s pandemic response, highlighting a notable Israeli study from August 2021 that demonstrated the advantages of natural immunity as the U.S. […]
EUR/USD holds steady after losses as attention turns to US PPI and Retail Sales data
EUR/USD Stays Stable, Eyes Upcoming Data The EUR/USD pair is hovering close to the 1.1650 mark, showing little change in its daily performance. Recent data on the U.S. core consumer price index (CPI) released on Tuesday was below expectations. Nonetheless, it hasn’t deterred the strength of the U.S. dollar (USD). Traders are now looking ahead […]
US Dollar Index holds steady above 99.00 before Retail Sales and PPI data
The US dollar index (DXY), which gauges the US dollar’s value against six key currencies, is experiencing a gradual decline after a slight uptick in the previous session. Currently, DXY is around 99.10 as of Wednesday in Asia. Traders are on edge, awaiting the U.S. retail sales and producer price index (PPI) data set to […]
Tech Companies Should Support Themselves and Safeguard Consumers from Increasing Energy Expenses Due to AI Data Centers
Trump Announces Microsoft Changes to Protect Consumers President Donald Trump shared on Monday that Microsoft is initiating major changes aimed at shielding U.S. consumers from rising utility costs as it works to expand its AI infrastructure. He indicated that tech companies must handle their own expenses for powering their data centers. In a post on […]
Hochul’s massive deception regarding AI data centers
Governor Hochul’s Take on AI and Power Costs Governor Cathy Hochul has warned about the impending surge in artificial intelligence, suggesting that it will lead to the creation of “massive data centres” which will deplete power resources faster than our grid can handle. This, she claims, could also contribute to rising home prices. If that […]
December CPI inflation affected by absence of data due to government shutdown
Discussion on Small Business Challenges Amid Economic Pressures A panel discussion on “The Big Money Show” will delve into whether small businesses are feeling the pinch from inflation, increasing borrowing costs, and corporate dominance, especially as Wall Street profits rise while Main Street faces record-high bankruptcies. The Department of Labor is set to release the […]