⚡ AI met its electric bill this week, and Wall Street finally read the meter.
Semiconductor stocks entered a bear market, Brent moved above $90, and policymakers began treating data center power consumption as a taxable, insurable, politically negotiable liability rather than a free public subsidy.
🏗️ Monday’s GRO MONEY NEWS explains why Meta’s 5 GW Louisiana structure is bankable, why New York stopped incomplete hyperscale permits, and how Virginia’s $0.011 per kilowatt hour tax could add approximately $30.35M annually to a 350 MW facility at 90% utilization. We also examine Asia’s opening signal, Treasury and mortgage rates, the misleading housing starts headline…
The skinny
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