🧠 🧠 Big Tech firms will spend more than $200 billion combined in capital expenditures this year, primarily to build out data centers, buy chips needed to train their AI models, and power their continuing use
🇨🇳 🇺🇸 Chinese leader Xi Jinpingtold US President Joe Biden that he’s ready to work with Donald Trump to improve the relationship between the world’s biggest economies
🇺🇸 🇺🇸 Last week most of the speculative plays went to the bench for a breather, while mega-cap tech continued to struggle for traction, taking the broad S&P 500 down 2% for the week