Nvidia OpenAI backstop talks draw scrutiny after WSJ report
WSJ said Nvidia may support OpenAI’s Ohio data center lease, raising questions over AI financing as the chipmaker’s shares fell.
By Marcus V. Thorne 3 weeks agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
Netflix options trade targets valuation gap, Michael Khouw says
Michael Khouw says Netflix’s lower multiple and ad growth support a defined-risk August options structure rather than buying share...
By Marcus V. Thorne 3 weeks ago
Nvidia OpenAI backstop talks target up to $250 billion for Ohio AI site
OpenAI and Nvidia are discussing a credit backstop for a 10-gigawatt Ohio data center campus, CNBC reported.
By Marcus V. Thorne 3 weeks ago
Amazon direct-to-device satellites plan seeks FCC approval
Amazon asked the FCC to approve up to 5,105 satellites for a phone-to-satellite network partly tied to its planned Globalstar deal...
By Marcus V. Thorne 3 weeks ago
Peacock YouTube Premium deal brings NBCUniversal streaming into YouTube
NBCUniversal and YouTube struck a multiyear U.S. deal to put Peacock inside YouTube Premium from early 2027.
By Marcus V. Thorne 3 weeks ago
Sam Altman Washington meetings to focus on AI models and cyber risks
OpenAI’s CEO will brief U.S. officials as Washington weighs Chinese open-weight AI models and questions the company’s cyber safegu...
By Marcus V. Thorne 3 weeks ago
DCC Energy acquisition by ECP and KKR values group at $7.7bn
ECP and KKR agreed to buy DCC Energy in a £5.75bn deal, adding a major European and US energy distributor to their infrastructure...
By Marcus V. Thorne 3 weeks ago
Fed July rate decision is set to keep consumer borrowing costs elevated
Markets expect the Fed to hold rates on July 29, leaving credit card, mortgage and auto borrowing costs high while savings yields...
By Marcus V. Thorne 3 weeks ago
Jim Cramer stock market Monday: Oil drops as AI spending stays in focus
U.S. futures rose and WTI crude fell after a U.S.-Iran pause, while CNBC's Jim Cramer highlighted AI, chips and telecom calls.
By Marcus V. Thorne 3 weeks agoBrent crude drops near $92 as Iran attack pause report hits oil
Brent and WTI fell about 5% after Reuters reported Iran would halt attacks if the U.S. keeps its pause in hostilities.
By Marcus V. Thorne 3 weeks ago
Singapore monetary policy tightens again as oil risks lift inflation concern
MAS raised the Singapore dollar band’s appreciation pace slightly, citing uncertainty as oil costs threaten to feed into consumer...
By Marcus V. Thorne 3 weeks ago
Novanta Riverpoint Medical acquisition closes at $1.45bn
Novanta closed its $1.45bn purchase of Riverpoint Medical from Arlington, adding surgical consumables and manufacturing capacity.
By Marcus V. Thorne 3 weeks ago