Trump lays down the law on AI data center power drain
Aims to shield consumers from rising utility bills
Hello Capitalists,
Here is everything you should be watching today:
Trump lays down the law on AI power drain
Amazon is furious with Saks about their bankruptcy
Nvidia has a nightmare unfolding in China
Mortgage rates hit levels not seen since 2022
Flagship Crypto bill derailed by Coinbase
OpenAI frets over what Elon will say in court case
Today’s markets + assets:
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✅ NASDAQ: 23541.17 (⬆️ 0.05%)
⚠️🔴CBOE VIX Volatility Index: 15.57 (⬇️ 1.70%)
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Trump demands tech giants fund new power plants
President Donald Trump is pushing the nation’s largest grid operator to force big tech companies to pay for new power plants amid surging electricity demand from AI data centers, aiming to shield consumers from rising utility bills in the PJM region covering 13 states and D.C.
Emergency auction proposed: Tech firms would bid on contracts to finance new electricity generation through PJM Interconnection.
Massive capacity target: Plan seeks to build $15 billion in reliable baseload power to meet AI-driven shortages equivalent to six large nuclear plants.
Consumer cost protection: Administration urges capping charges from existing plants in capacity markets to prevent further price spikes for ratepayers.
Bipartisan urgency grows: Energy Secretary, Interior Secretary, and mid-Atlantic governors join Trump in pressing PJM to avert blackouts and address exploding power prices.
Together with Natural Health Response
RFK Jr demand TERRIFIES liberals, This could set the liberal agenda back DECADES
As secretary of HHS, RFK Jr has made a demand that terrifies liberals across the country. If enacted, it could cut off HUNDREDS-OF-MILLIONS in dark money campaign contributions…And set the liberal agenda back DECADES.
But he’s not doing it for political purposes…He’s doing it to save the lives of millions of hard-working Americans, just like you. Even still, the liberal attacks are ramping up to a fever pitch…He’s even been informed of assassination plots against his life.
All so you don’t hear a stunning secret mainstream medicine has been hiding for years.
P.S. If RFK Jr follows through on this single promise, it could cost liberals hundreds of millions in campaign funds, but it could also save your life. See what has the left terrified by clicking right here.
Amazon slams Saks after bankruptcy wipeout, hints at possible future action
Amazon declared its $475 million stake in Saks Global “presumptively worthless” after the luxury retailer filed for Chapter 11 bankruptcy protection on January 14, 2026, following its debt-fueled $2.7 billion acquisition of Neiman Marcus that rapidly burned through cash and left unpaid bills piling up.
Drastic Remedies Threatened : Amazon warned it may seek extreme measures like appointing an examiner or trustee if concerns aren’t addressed, despite a judge initially approving $400 million in interim funding.
Investment Now Worthless : Amazon’s $475 million equity stake from December 2024, tied to Saks selling luxury goods on Amazon’s platform with guaranteed referral fees, is now deemed presumptively worthless due to the bankruptcy.
Saks Cash Burn Exposed : Post-Neiman Marcus acquisition, Saks failed budgets, spent hundreds of millions in under a year, and accrued massive unpaid invoices to retail partners, accelerating its financial collapse.
Amazon Objects Fiercely : In court filings, Amazon challenged Saks’ $1.75 billion bankruptcy financing plan, arguing it harms creditors and pushes Amazon lower in repayment priority.
Nvidia’s China nightmare is unfolding
Nvidia faces a deepening crisis in China as Beijing restricts imports of its newly approved H200 AI chips despite US export green light, fueling fears that domestic rivals like Huawei could erode the company’s long-term AI dominance.
Revenue Plunge Hits Hard: China revenue including Hong Kong fell 45% year-over-year to about $3 billion in the latest quarter amid ongoing geopolitical barriers and import curbs.
Software Lead at Risk: Nvidia’s CUDA platform dominance could weaken if Chinese developers advance open-source AI alternatives compatible with inferior domestic chips, reducing reliance on proprietary tools.
Domestic Chips Gain Ground: Chinese firms like Huawei, Alibaba, Moore Threads, and MetaX are pushing local alternatives, potentially narrowing Nvidia’s global hardware edge over time despite current performance gaps.
Analyst Warns Nightmare: Seaport analyst Jay Goldberg calls the scenario where open-source advances hurt Nvidia’s software and hardware leadership the “real nightmare” for the AI chip giant’s future.
Mortgage rates plunge to three-year low
The average 30-year fixed mortgage rate dropped to 6.06% this week, its lowest since September 2022, Freddie Mac reported Thursday, down from 6.16% last week and well below 7.04% a year ago, sparking higher homebuying and refinancing activity amid hopes for a stronger 2026 housing market.
Rate drop details: 30-year fixed fell to 6.06% and 15-year fixed to 5.38%, both declining from prior week, marking the lowest 30-year level in over three years.
Market response boost: Weekly purchase applications and refinance activity rose as lower rates encourage more buyers and homeowners to act.
Expert outlook steady: Freddie Mac’s Sam Khater highlights increased housing activity; Realtor.com predicts rates hold in low-6% range, supporting gradual home sales improvement.
Affordability challenges persist: Despite gains, high home prices and locked-in low-rate mortgages from prior years limit rapid recovery in the market.
Coinbase CEO derails key crypto bill vote
Coinbase CEO Brian Armstrong’s last-minute opposition on X prompted the Senate Banking Committee to cancel an eleventh-hour markup and vote on landmark crypto market structure legislation Thursday, with Armstrong now signaling negotiations continue and a rescheduled vote possible in weeks amid ongoing industry-banking tensions.
Armstrong voices surprise: Coinbase chief cited late draft changes as too damaging, making the bill “materially worse” than no legislation at all and forcing his public withdrawal of support.
Stablecoin rewards targeted: Key disputes involve provisions limiting crypto firms’ ability to offer interest-like rewards on stablecoins, which Armstrong argues unfairly restricts competition with traditional banks.
Regulatory power shift feared:The bill would curb the CFTC’s role while boosting SEC oversight, a change Armstrong and industry allies view as harmful to crypto innovation and growth.
Bipartisan talks persist: Despite the setback, lawmakers like Sen. Tim Scott and Sen. Cynthia Lummis express optimism for revisions, with potential markup revival in weeks following further negotiations.
OpenAI warns brace for Musk’s outlandish trial bombshells
OpenAI has warned its investors to prepare for “deliberately outlandish, attention-grabbing claims” from Elon Musk as his long-running lawsuit against the AI company heads to a high-stakes jury trial in April 2026, dismissing the case as baseless and worth no more than the $38 million he once donated.
Trial Set for April: OpenAI’s lawsuit defense heads to jury trial in Northern California court starting April 2026 after a judge’s recent ruling.
Strong Confidence Expressed: OpenAI asserts it has robust defenses and feels highly confident in winning the meritless case outright.
Musk’s Allegations Recapped: Musk claims he was deceived when OpenAI shifted from nonprofit roots to for-profit ties including its major Microsoft partnership.
Minimal Case Value Stated: OpenAI values the entire dispute at no more than Musk’s original $38 million donation despite his pursuit of billions in IP value.
If those insane power hungry Democrats would stop all the temper tantrums, THD crap, let the President do what he does best be a smart business man, run this nation like a huge business, they would benefit. Hell no, they o to bed angry, wake up angry, full of hate as well as over thinking so obnoxious scheme.
Thank God, no Kamala.
Why doesn’t the U.S. just fund and support building 40 nuclear power plants to slash consumer energy prices by a massive margin?
If the French can do it, anyone can. Though, in fairness, they do make the world’s best tires.