Grace Suzuki is a staff writer at P&L, covering business, technology, and global markets. She previously worked in M&A advisory, focusing on software, consumer deals, and cross-border transactions.
Custom TPUs let Alphabet absorb AI inference costs and undercut competitors who pay a hardware tax to third-party vendors, creating a supply-side moat.
Traders now price 64% odds of a Fed hike by September after hotter PCE data.
Studies cited by the BBC estimate the UK economy is 3% to 8% smaller than it would have been without Brexit, with investment 12% to 13% lower.
S&P Global’s factory employment gauge fell to 47.0, the weakest since May 2020 and a six-year low, even as new orders reached a more than four-year high.
South Korea’s Kospi fell 10% in one session and briefly triggered a 20-minute trading halt.
Factory employment gauge fell to 47.0, the weakest since May 2020, as manufacturers cut payrolls at a pace last seen in 2009 excluding COVID.
Nvidia has shifted from selling chips to selling AI factories, using full-stack hardware, networking, and CUDA to capture more of each data center buildout.
The old abundance regime is over as capital starvation, longer mine lead times, and weaker supply elasticity turn commodities into a hard-constraint market.
Sports-heavy contracts made up about 84% of Kalshi’s volume last month, or $18.5 billion, while sports-related markets were about 99% of Polymarket’s U.S. site, or $2.1 billion.
FedEx reports Tuesday with results that will include the spun-out FedEx Freight and guidance complicated by its shift to a December fiscal year-end.
CNBC says several tech giants are financing AI data center buildouts with debt, including tens of billions of dollars from Nvidia, Oracle, Amazon, Alphabet and Meta.
A fiscal-interest rate feedback loop and core PCE at 3.3% are structural forces re-anchoring the 10-year Treasury yield near 4.5% and ending the era of cheap capital.
