AEP Needs 63 Gigawatts by 2030 and Will Decide in Late 2029 Whether to Build This 0.96 Gigawatt Plant
Amazon backs the reactor company, develops the projects and buys the output. None of the three is under construction.
Intel Rose 3% on an Upgrade to Hold, Which Tells You How Low Expectations Had Fallen
Nasdaq futures up 1.1%, Dow futures down 0.2%, MSCI World down 0.2%. A narrow rebound, not a recovery.
Crypto Startups Are Still Being Funded at Last Year’s Pace. Almost No New Crypto Funds Are Being Raised
Five new funds in a quarter, the fewest since 2019. Deployment continues until the dry powder runs out.
A Second Quantum Error-Correction Record in a Week, as Chips Snap Their Longest Losing Run in 18 Years
The bull case for CoreWeave rests partly on Nvidia's willingness to support its own customer.
Private Equity Can’t Sell Its Assets, So Bankers Are Designing Funds That Never Have To
The fixed lifespan is what forces managers to return cash. Evergreen vehicles remove it.
A Stablecoin Issuer Just Helped Fund an AI Chip Startup at $6.2 Billion, Double Its 2024 Mark
Private AI silicon is being marked up in the same month public AI infrastructure was marked down hard.
Blackstone Raised $8.7 Billion for Energy Transition and Bought a Data Centre Cooling Business With It
The fund excludes oil companies and backs gas utility infrastructure. The thesis is electricity demand, not decarbonisation.
Silgan Is Buying a $3.4 Billion Business, Keeping 60% of It and Collecting $2.3 Billion in Cash
A company worth $4.2 billion structured an acquisition that reduces its own leverage. The shares rose 6%.
Aegis Is Buying Gulf Fuel Logistics for $809 Million and Arranging the Money Afterwards, Which Is the Comfortable Way Round
Half debt, half equity, raised after an 87% share price run, with completion not due until March.
Half of This $1.8 Billion AI Listing Is Already Committed, Which Is What Firmus Didn’t Have
Hong Kong is heading for a record year on AI supply chain deals while Western infrastructure IPOs fail.
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser