These nontech stocks can ride the AI build-out for years
Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence.
Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence.
Cathie Wood didn’t let last week’s holiday-abridged run lull her into slumber. She was actively making moves for her Ark Invest ETFs on Monday. She made a few sells, but let’s talk about Ark’s purchases. Ark’s co-founder, CEO, and chief investment officer continues to add to her Space Exploration Technologies (SPCX 5.59%) position. She also…
Key Takeaways Joint checking accounts can help build trust and transparency between partners, but having separate checking accounts can help promote autonomy. Using both personal and joint accounts in your relationship can help you reap the benefits of each method. You can typically open a joint checking account in person or online, and you will…
Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu on Thursday asked non-banking financial companies (NBFCs) and housing finance companies (HFCs) to diversify their funding sources and reduce their vulnerability to shifts in market sentiment, as the sector enters a new phase of growth. “Entities must diversify their funding sources. A deep, liquid…
Key Points Previously high-flying semiconductor stocks have plunged in recent days. Intensifying competition from Chinese chipmakers and mounting concerns that artificial intelligence (AI)-related spending may not produce its promised returns are prompting investors to seek shelter in more defensive businesses. That’s driving up the prices of dividend stocks like Kroger (NYSE: KR), Verizon (NYSE: VZ),…
Key Points Greg Abel said this week that serving hyperscalers can’t raise other customers’ rates and must deliver them a net benefit. Data centers accounted for about 8% of Berkshire’s utility load in Iowa last year, and Abel said more is coming. After-tax earnings at the company’s U.S. utilities rose 38% year over year in…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. The Trial Balance is CFO.com’s weekly preview of stories, stats and events to help you prepare. Part 1: East Coast, AI beast coast Silicon Valley still has plenty of tech talent, but according to new data, it…