GOP Representative Seeks Anti-Drone Enhancements for America’s Power Plants and Data Centers
New Bill Aims to Protect Critical Infrastructure from Drone Threats A lawmaker is taking steps to safeguard key components of America’s infrastructure with a proposed bill. Republican Rep. Matt Van Epps from Tennessee has introduced the House version of the Critical Infrastructure Airspace Defense Act, which was originally championed by Sen. Tom Cotton. Announced on […]
Two Josh Brown stocks defying challenges in real estate: The new data center owner and a mall operator
It’s interesting to think back to 2021 when Prologis (PLD) was viewed as a major player in the e-commerce realm. I vividly remember trading stocks during that time, as retailers, especially Amazon, were scrambling for warehouse space. Prologis was well-positioned with its locations and established connections. But now, they’re branching out—pretty aggressively—into data centers, renovating […]
Data keeps showing Manhattan’s robust office rental market
Manhattan Office Market Shows Strong Demand While it might feel like we’ve been hearing the same story about Manhattan’s office rental market, new statistics keep emerging each week that are quite striking. Cushman & Wakefield recently indicated that there’s such a high level of demand that the luxury office spaces are quickly running out. In […]
Is It a Good Time to Invest in QQQ, or Is IVV a Better Option? Here’s What the Data Shows.
Deciding between these two major players requires weighing high growth potential against a more stable market approach. On one side, Invesco QQQ Trust, Series 1 (QQQ 4.80%) focuses on leading non-financial companies globally. On the other, iShares Core S&P500 ETF (IVV 2.62%) tracks 500 of the biggest U.S. firms, offering broader core holdings for various […]
Google spends $920 million each month for computing resources at xAI data centers managed by SpaceX.
SpaceX Enters $920 Million Agreement with Google SpaceX has officially struck a significant deal with Google that could generate around $920 million each month by supplying artificial intelligence computing power to the tech giant. According to a recent regulatory filing, Google is set to utilize approximately 110,000 Nvidia graphics processing units (GPUs), along with various […]
What Caused the Bitcoin Drop? On-Chain Data Suggests One Key Element Is Missing
Bitcoin Faces Pressure as Support Level at $62,000 is Tested Bitcoin is currently experiencing challenges as its price hovers around $62,000, a crucial support level. This situation represents a notable extension of the ongoing correction from the peak prices, testing the underlying foundations that some bullish investors have pointed to during this decline. It’s clear […]
Coachella cancels data center plan and looks into a possible ban on tech campuses.
The city of Coachella has decided to ban data centers, which is quite a shift considering they had previously approved them just a few months ago. This change comes after significant public protests. On Thursday, the council unanimously agreed to implement a temporary 45-day ban on data center developments and to cancel their contract with […]
Carnival data breach reveals personal information of almost 6 million individuals
Carnival Corporation has acknowledged a data breach that impacted around 6 million individuals, with effects likely extending to those who might not even see themselves as Carnival customers. The breach stemmed from a social engineering attack targeting a single user account, which allowed unauthorized individuals to infiltrate some of Carnival’s IT systems by deceiving employees. […]
Swiss Franc rises against US Dollar as traders anticipate US Nonfarm Payrolls data
The Swiss Franc (CHF) gained against the US dollar (USD) for the second consecutive day on Friday, as the USD/CHF pair reached a historic low of 0.7872, dropping from a nearly two-month high of 0.7927 earlier this week. Switzerland’s currency benefited from a slight weakening of the US dollar, as investors opted to reduce their […]
A Small Step: Google Hopes $10 Million Investment in Texas Water Projects Will Resolve Data Center Issues
Google to Invest in Texas Water Infrastructure On Wednesday, Google announced a $10 million investment aimed at water infrastructure projects in Texas, where the company is planning to construct data centers. This move appears to be an effort to address the growing criticism regarding the high power and water demands associated with these centers. As […]