Why Nvidia’s Investors Are So Hard to Please

Nvidia investors are, let’s face it, a bit like spoiled children. Here’s a company that posts a 94% increase in revenue from a year ago, which is quite a bit better than it had projected, and the stock falls! Sure, Nvidia’s growth rate has come down from the blazing-fast 260% or so of a few …

Blackstone Invests $500 Million in Lancium AI Buildout

Blackstone Inc. invested more than $500 million in Lancium Inc., which is building more than 5 gigawatts of data centers in West Texas with an eye on supplying the booming energy demand for artificial intelligence applications, according to people familiar with the matter.