Syz the moment

Both banks say Amazon $AMZN AWS has hit pause on some colocation leasing deals—mainly international. Cowen notes hyperscale demand is cooling a bit, especially in Europe, with Amazon slightly pulling back on U.S. colocation activity too. Wells Fargo heard from multiple sources that AWS is stepping back from ongoing leasing talks, mirroring what’s been seen from Microsoft lately. Source: Wall St Engine

Source: Pythia Capital, No Brainer @PythiaR

Source: Markets & Mayhem @Mayhem4Markets

Together with Cortex, Robinhood announced Robinhood Strategies and Robinhood Banking to give their customers access to privatewealth management and banking services historically reserved for the ultra-wealthy. They are also giving a first look at the next big thing from Robinhood: "Robinhood Cortex", an AI investment tool launching later this year that is designed to provide real-time analysis and insights that help customers better navigate the markets, identify opportunities, and stay up to date on the latest market moving news.

Microsoft Abandons More Data Center Projects, TD Cowen Says - Bloomberg Source: Bloomberg

It seems that the West too often underestimates China China has achieved what they deemed impossible to do. We've seen this first hand in the EVs, electric batteries, solar panels, wind turbines and renewable energy. We might see it with AI as well Source: Cyrus Janssen @thecyrusjanssen @richardturrin

Microsoft will NOT participate in OpenAI Stargate project due to overestimation of demand

-Amazon $AMZN: +143% -Meta $META: +135% -Google $GOOGL: +107% -Microsoft $MSFT: +77% Source: Charlie Bilello