Data: Financial Modeling Prep ; Chart: Erin Davis/Axios Visuals The stock market soared during the first 20 months of President Trump's second term, but slightly underperformed the same period of his first term. Why it matters: Trump considers the stock market to be a proxy for the economy, even though many economists disagree. By the numbers: The S&P 500 rose nearly 27.6% between inauguration day and this past Friday's close, compared to 28.5% during his first term. - The gap at 20 months is closer than it was at the one-year mark , with Trump 2.0 leapfrogging former President Biden but still trailing former President Obama. Zoom in: Trump 2.0 also trails Trump 1.0 in terms of Dow Jones Industrial Average and Nasdaq Composite…
As Xi Jinping arrives in the United States this week for a state visit, China’s advances in artificial intelligence will be in the air. Less discussed: China’s economy in its worst shape in decades.
Real estate reality star Ryan Serhant details extreme metropolitan housing costs and warns municipal leaders that penalizing high earners will only drive capital to competing states.
Vertiv CEO Giordano Albertazzi discusses the demand for artificial intelligence infrastructure and explains why warnings about AI development will not slow down the buildout on ‘The Claman Countdown.’ #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #ai #artificialintelligence #technology #tech #datacenters #infrastructure #vertiv #giordanoalbertazzi #albertazzi #innovation #business #economy #investment #cloudcomputing #aiboom
What are data centers—and why are they suddenly being built everywhere? In this episode of The Brief: Insights From The Inside, Shabbos Kestenbaum sits down with Joe Honan, CEO of Singularity Compute, to explain the data-center boom powering artificial intelligence. Honan breaks down what data centers actually do, why AI requires so much compute power, how much electricity and water these facilities use, and why communities across America are debating whether data centers are worth the cost. The debate is getting bigger than local zoning fights. A House Science Committee probe is now examining foreign funding and potential influence in opposition to American AI and energy infrastructure, citing a report that found activist groups…
FOX Business host Larry Kudlow praises the state of the U.S. economy under President Donald Trump’s and Treasury Secretary Scott Bessent’s leadership on ‘Kudlow.’ #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #kudlow #larrykudlow #kudlow #donaldtrump #trump #scottbessent #bessent #economy #useconomy #business #markets #economicgrowth #treasury #whitehouse #leadership #spending #investment #politics #political #politicalnews #government
