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Rising rates are eroding the value of even high-flying tech stocks, with many industry groups' shares falling sharply
Rising rates are eroding the value of even high-flying tech stocks, with many industry groups' shares falling sharply. Tech darlings are no longer commanding the multiples they once did.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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Oracle's 1.3GW data center project in Wisconsin is in jeopardy due to a transmission approval restart, potentially delaying delivery until 2028-2029 and increasing costs by 75%.
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Google and Constellation Energy have reached the largest nuclear energy agreement in tech history, securing 3,590 megawatts of power for 20 years, with Gemini to be embedded in energy operations.
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