AI boom's $1 trillion spending spree may need a slowdown to survive
Ed Yardeni says financial, physical, and political constraints are healthy for AI's durability, even as Alphabet, Meta, and Microsoft raise billions.

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Ed Yardeni says financial, physical, and political constraints are healthy for AI's durability, even as Alphabet, Meta, and Microsoft raise billions.
The AI infrastructure maker's earnings beat and capex raise signal surging data-center spending ahead of Big Tech results.
The social giant is raising $95 billion through stock-linked deals into early 2025, and the chip trio could buy into a $35 billion offering.
A 54-year-old aspiring actor says he recognized Sacha Baron Cohen mid-shoot, kept his MAGA act up, and let the film-makers think they had fooled him.
The quiet data transfer hands Musk's company an orbital tracking edge, raising national security and competition alarms.
The suit against Claude's maker could decide whether AI companies must pay for music catalogs, and it raises the legal stakes for every generative AI firm.
The deal raises a key question: should companies cover executives' personal tax bills?
Ranking member Robert Garcia demands documents on Eric Baker's Andro Capital ties, warning of conflicts that could raise ticket costs and squeeze artists.
The Silicon Valley giant's cash flow went negative as AI costs surged, and it is issuing a new class of stock to raise capital.
The legendary RPG studio's closure lands months after a $55 billion investment group buyout of EA, raising tough questions for gaming's biggest acquirers.
Preliminary review by Los Angeles County election officials finds errors in the federal list, raising the stakes for voter roll integrity ahead of November.
The server maker says revenue and profit could land far above guidance, lifting the whole AI hardware complex and raising stakes for upcoming earnings.