The Potential news on Fed policy came from Mr.D.Trump. Shortly after the Fed press conference.
PresidentTrump has made it clear that he wants lower rates. And remember in his first term, he voiced his displeasure with Mr.Jay Powell's Fed for taking rates up from 25 basis points to 225 basis points, despite inflation running mostly below target throughout.
Earnings from three of the big data center builders after the market close today. Remember, the advanced AI model out of China (DeepSeek) was thought, by some, to have exposed the big hyperscalers as having over-invested in infrastructure capacity and Exponential expanssion of Supply to resolve Demand.
Would they signal any pullback on spending? The professional initial answer is no. Microsoft continues to project around $80 billion in capex this year, still well behind in fulfilling on a $300 billion backlog of orders. And Meta sees $60-$65 billion in infrastructure spend to support scaling Meta AI to over a billion people this year.
one lesson from DeepSeek is that there will be more cheaply developed AI models, which will lead to more overall AI usage (requiring more global computing power). The other lesson is that dealing with China will become, maybe, priority number one of President Trump 2.0.
For that notability;- Mr. Howard Lutnick had his Senate hearing today, for his nomination to become the "Secretary of Commerce". He said this about the terminology "DeepSeek" "I do not believe that "DeepSeek" was done all above board, that's nonsense. They stole things, they broke-in, they've taken our IP. It's got to end." Mr.Lutnick's job predicted initially; will be all about China.
Kindly,Subscribe with your Valid Email Address and receive Relevant Notifications to your active Device with Professionalism.
THANKYOU FOR THE SCHEDULED QUALITY AMPLE TIME.