Brent crude rose more than 2% on Wednesday as Middle East tensions escalated. The U.S. attacked Iran, and Tehran reportedly struck back at U.S. allies.
A hawkish Bank of Japan board member said the central bank must conduct rate hikes nimbly. The comment signals ongoing debate over the pace of monetary tightening.
Pennsylvania Governor Shapiro criticized data center developers for lacking community concern. A Gallup survey found most Americans oppose local AI data center construction.
Canadian equities fell sharply on Tuesday as technology and materials stocks led broad selling pressure. Rising Middle East tensions weighed on sentiment and the outlook for interest rates and growth.
Nvidia is credited with supplying the processors behind modern AI, while another company provides supporting infrastructure that remains underappreciated by Wall Street.
Fervo will supply nearly 400 MW of geothermal power to Alphabet's Google to support a data center. The deal is described as the largest geothermal power agreement ever made.
The Distillate US Fundamental Stability & Value ETF traded over 1.1 million shares, far above its three-month average of about 70,000. Shares were down about 0.4% on the day.
Lyft's chief accounting officer sold 5,982 shares at a weighted average price of $17.34, totaling about $104,000. The sale followed a stock increase after strong earnings results.
The article speculates on what Warren Buffett might buy with $10,000 if he were starting today. It notes he would need to be comfortable analyzing dominant technology companies.