🚨 AI JUST MET THE CREDIT COMMITTEE.
Alphabet lost roughly $500 BILLION of market value. Amazon fell after hours despite AWS growing nearly 40 percent. Intel cratered. Asia followed the selloff.
But here is the part that matters:
đź’° Microsoft just priced $25 BILLION of debt.
⚡ GE Vernova is paying $9 BILLION for high voltage grid infrastructure.
🏢 TPG is circling a roughly $5 BILLION data center platform.
🤝 DoorDash is buying Instacart for approximately $17 BILLION.
The AI infrastructure trade is not dead. Capital is simply becoming smarter.
Wall Street is starting to distinguish between companies spending money on AI and assets…
The skinny
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