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Fermi America secures power supply agreement with Xcel Energy subsidiary for Texas AI hub
Fermi America (NASDAQ:FRMI) has finalized an electric service agreement with Southwestern Public Service Company, part of Xcel Energy, to provide the power needed for its Project Matador Campus in Amarillo, Texas. Under the deal, the utility will deliver up to 200 megawatts of capacity to the site, which is home to Fermi’s expanding artificial intelligence…
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Five key market themes to watch in the coming week
A busy week lies ahead for global markets, dominated by the Federal Reserve’s policy meeting, renewed efforts toward a potential Russia-Ukraine peace agreement, a wave of corporate earnings, and several central bank decisions. Here are the main developments investors will be tracking. 1. Fed decision takes center stage All eyes will turn to Washington, D.C.,…
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Oil trades near two-week highs on expectations of a Fed rate cut and ongoing geopolitical tensions
Crude prices held close to their strongest levels in two weeks on Monday, supported by growing expectations that the U.S. Federal Reserve will cut interest rates this week—an outcome that traders believe could bolster economic activity and, in turn, energy demand. At the same time, markets continued to track geopolitical developments that could disrupt supplies…
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Gold inches higher as softer dollar boosts appeal ahead of key Fed decision
Gold prices firmed slightly in early Asian trade on Monday, helped by a weakening U.S. dollar that hovered near its lowest level in more than a month. Growing confidence that the Federal Reserve will cut interest rates this week continued to underpin the market, although gains remained restrained by broader investor caution. Spot gold rose…
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Dollar softens ahead of Fed decision as euro finds support
The U.S. dollar eased slightly on Monday as the new trading week began, with markets squarely focused on the Federal Reserve’s upcoming policy meeting and expectations that monetary conditions will be loosened. At 04:15 ET (09:15 GMT), the Dollar Index — which measures the U.S. currency against six major peers — dipped 0.1% to 98.940,…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Netflix’s takeover bid, Japan’s GDP slump, and China’s export rebound: what’s shaping markets today
U.S. equity futures nudged higher on Monday as traders positioned themselves ahead of the Federal Reserve’s final policy meeting of the year. At the same time, investors continue parsing the implications of Netflix’s proposed acquisition of Warner Bros Discovery’s television, film, and streaming divisions. Economic data from Asia added to the complexity: Japan’s economy contracted…
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New research undermines ‘AI bubble’ narrative, HSBC says
HSBC is pushing back against mounting claims that artificial intelligence has entered “bubble territory,” pointing to fresh evidence that companies are already generating meaningful returns. The bank says new data offers “further evidence of ROI from AI,” countering one widely cited—but flawed—statistic that has fueled skepticism. In a recent note, analyst Yuning Bai argues that…
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WarrenAI Unveils Top Cybersecurity Stocks to Watch
As cyber threats grow more sophisticated and organizations continue ramping up their digital defenses, investor interest in cybersecurity names remains strong. WarrenAI’s latest rankings highlight several standout companies that display a blend of growth opportunity, financial resilience, and strong analyst support. Opera Limited (NASDAQ:OPRA) Opera takes the top position with an impressive 61.0% fair value…
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High Valuations Echo 2000, but AI Mania Falls Short of a True Bubble, Says BofA
While today’s elevated equity valuations and narrow leadership may resemble the setup seen at the turn of the millennium, Bank of America analysts say the current market lacks the speculative frenzy that defined the dot-com era. In a research note this week, BofA equity and quant strategist Victoria Roloff wrote that “although narrow market breadth…
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BofA Outlines Its Copper Price Outlook for 2026 as Supply Pressures Mount
Copper prices may remain supported well into 2026, with supply constraints expected to linger after concerns over global availability pushed the metal to fresh record highs on Wednesday, according to analysts at BofA Securities. Traders have been redirecting large volumes of copper toward the United States in an effort to reduce exposure to potential broad…