Big Tech data center building faces growing resistance from lawmakers. This week, Sens. Josh Hawley (R-Mo.) and Richard Blumenthal (D-Conn.) introduced the first bipartisan bill in Congress aimed at preventing data center energy use from affecting consumers’ electricity bills. A week earlier, on February 6, New York became at least the sixth state to introduce … Read more
U.S. stocks rose on Friday, set to bounce back from a bruising week in tech, as Wall Street reassessed concerns about the impact of AI disruption and the risks of big Big Tech spending. The Dow Jones Industrial Average (^DJI) led the way higher, rising more than 1.5%, or more than 700 points. The S&P … Read more
U.S. stock futures rose early on Friday, cautiously pointing to a rebound from a bruising week in technology, as Wall Street reassessed concerns about the impact of AI disruption and the risks of Big Tech’s big spending. S&P 500 futures ( ES=F ) rose 0.4 percent, while Nasdaq 100 futures ( NQ=F ) rose about … Read more