Shares of Trump Media, Tesla, SpaceX, and neocloud companies fell sharply in premarket trading Wednesday after Democrats won control of both chambers of Congress, raising concerns about regulatory headwinds for data center expansion and AI infrastructure.
AMD beat Wall Street estimates in the third quarter with revenue of $13.38 billion, up 45% year over year, as its data center segment nearly doubled and now represents 64% of total revenue. CEO Lisa Su projected server revenue would double again in 2027.
CrowdStrike launched an AI kill switch on Tuesday that lets security teams stop misbehaving internal agents, cut off their network access, and block them from relaunching — without deleting their underlying code.
Apple flagged AI agents behaving in "unintended or unpredictable ways" as a formal business risk in its annual filing, while CrowdStrike launched a kill switch designed to stop rogue internal agents — signaling a broader industry reckoning with autonomous AI governance.
Apple CEO John Ternus warned that memory costs will continue rising beyond the December quarter, after the company issued a gross margin forecast of 45%–46% that missed Wall Street's 46.3% estimate, sending shares down nearly 4% in premarket trading.
Brookfield and Drax Group have agreed to jointly develop an AI data center exceeding one gigawatt at a North Yorkshire power station, with total investment potentially surpassing £20 billion ($26.8 billion), even as senior finance executives warn of mounting debt risks tied to the global AI infrastructure buildout.
The Supreme Court on Monday denied the Justice Department's emergency request to stop California from counting mail-in ballots from roughly 20,000 voters the government says may not be U.S. citizens, one day before the November 3 midterm elections.
Shares of Trump Media, Tesla, SpaceX, and neocloud companies fell sharply in premarket trading Wednesday after Democrats won control of both chambers of Congress, raising concerns about regulatory headwinds for data center expansion and AI infrastructure.
AMD beat Wall Street estimates in the third quarter with revenue of $13.38 billion, up 45% year over year, as its data center segment nearly doubled and now represents 64% of total revenue. CEO Lisa Su projected server revenue would double again in 2027.
Apple CEO John Ternus warned that memory costs will continue rising beyond the December quarter, after the company issued a gross margin forecast of 45%–46% that missed Wall Street's 46.3% estimate, sending shares down nearly 4% in premarket trading.
Apple flagged AI agents behaving in "unintended or unpredictable ways" as a formal business risk in its annual filing, while CrowdStrike launched a kill switch designed to stop rogue internal agents — signaling a broader industry reckoning with autonomous AI governance.
Brookfield and Drax Group have agreed to jointly develop an AI data center exceeding one gigawatt at a North Yorkshire power station, with total investment potentially surpassing £20 billion ($26.8 billion), even as senior finance executives warn of mounting debt risks tied to the global AI infrastructure buildout.
Oracle filed to raise $20 billion in stock and bonds, Anthropic disclosed $33.24 billion in nine-month revenue ahead of its IPO, and Marvell announced an all-stock deal valuing Lumentum at $115 billion — all on the same Monday morning.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.