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Microsoft To Build “Stargate”

🧠 🧠 OpenAI and Microsoft are collaborating on an ambitious project to build a supercomputer named “Stargate,” with an estimated cost of up to $100 billion. This initiative is part of a broader five-phase plan, with Stargate representing the fifth phase, expected to launch as early as 2028

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Powell: Fed Not In Hurry To Cut Rates

🇺🇸 🇺🇸 Federal Reserve Chair Jerome Powell repeated that the US central bank isn’t in any rush to cut interest rates as policymakers await more evidence that inflation is contained

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Blackrock Launches Tokenization On Ethereum

🚨 🚨 Blackrock has launched the Ethereum-based BlackRock USD Institutional Digital Liquidity Fund, giving investors the opportunity to earn U.S. dollar yields. It is the first tokenized fund by the firm issued on a public blockchain

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Are Oil Stocks Back?

🛢️ 🛢️ Oil stocks are finally playing catch up as the energy sector has become one of the best performing sectors of the market this year, according to Morgan Stanley

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Homebuilders Have More Upside

🏠 🏠 Homebuilding stocks have reached new highs this year, and we see more upside in store when the Federal Reserve begins cutting rates

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Core PCE Inflation Rose 2.8% As Expected

🚨 🚨 BREAKING: February PCE inflation, the Fed’s preferred inflation measure, RISES to 2.5%, in-line with expectations of 2.5%. Core PCE inflation was 2.8%, in-line with expectations of 2.8%

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Amazon Bets $150B On Data Centers

🧠 🧠 Amazon plans to spend almost $150 billion in the coming 15 years on data centers

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