markets

Luke Kawa10/24/25

Data center and AI energy stocks rise as Trump administration reportedly pushes for data centers to access power faster

The Trump administration is urging regulators to speed up the approval process that allows for data centers to connect to the power grid, per a Bloomberg report published late Thursday evening.

Citing a proposed rule draft that US Energy Secretary Christopher Wright sent to the Federal Energy Regulatory Commission, the administration is looking to limit these reviews to 60 days. At present, such reviews can stretch on for years. “Data centers could win a speedy review if they include new power plants or agree to curtail usage in response to regional grid strain during high-demand periods such as heatwaves,” per the report.

Simply, the more roadblocks are removed from data centers being in operation, the faster a supply-constrained AI boom can realize demand. As such, adopting such a proposal could be a boon for the entire ecosystem, from data center upstarts to the fledgling power providers looking to meet the growing demand for power.

Data center companies IREN and Cipher Mining are up big in premarket trading, as are nuclear energy company Oklo and fuel cell company Bloom Energy.

Other companies identified with the AI power trade were also getting a lift, including Constellation Energy, Talen Energy, turbine-maker GE Vernova, and AI infrastructure company Vistra.

The FERC had previously rejected a request by Talen to supply an Amazon data center campus from with power from its Susquehanna nuclear plant.

Caveat: these are volatile stocks, and it’s very unclear whether this report is the catalyst for their early gains — but it certainly stands to reason that it would!

More Markets

See all Markets

markets

The US government is taking a 10% equity stake in USA Rare Earth, the FT reports

The US government is poised to invest $1.6 billion in USA Rare Earth via a mix of equity and debt, according to a report from the Financial Times on Saturday.

Per the FT, the Trump administration will receive a 10% stake in the company (as well as warrants) which were priced at about a 30% discount to where the stock closed on Friday. Shares of the rare earths producer had jumped 9% to end the week on a high note, as did most of its peers. The rally came amid President Donald Trump’s push for a deal that gives the US more control over Greenland, including access to its mineral resources.

The equity position reportedly accounts for less than $300 million of the $1.6 billion package, with the remained dedicated to debt and linked to the CHIPS Act.

Aside from Intel and L3Harris, the Trump administration’s forays into equity ownership have focused on critical minerals producers. These include a 15% position in MP Materials revealed in July as well as 5% and 10% stakes in Lithium Americas and Trilogy Metals, respectively, announced in October.

The government’s involvement has helped spur more private interest in the space, both from massive institutions like JPMorgan aiming to support the development of strategically important industries as well as investors looking to “follow the feds” and own companies that the government has already invested in or may do so in the future in hopes of outsized returns.

Other companies involved in the production of rare earths and other critical minerals include Critical Metals, United States Antimony Corp., and American Battery Technology Co..

Tasha Matsumoto

Stocks whipsaw ahead of next week’s Big Tech earnings

Stocks struggled for direction ahead of next week’s Fed meeting and Meta, Microsoft, Tesla, and Apple earnings.

BISHOP'S STORTFORD, ENGLAND - JANUARY 25: Snowfall in the Essex countryside on January 25, 2021 in Bishop's Stortford, Essex, United Kingdom.

Hong Kong Disneyland Marvel Season Of Super Hero Media Day

Earnings season a chance for AI hyperscalers to “get their mojo back”

Hyperscalers need more “hype” on their potential AI moneymaking opportunities or to show that their “scale” continues to drive huge growth through this spending binge.

Luke Kawa1/23/26

markets

Matt Phillips1/23/26

Active ETF offers exposure to Elon Musk’s SpaceX

Active ETF Baron First Principles ETF has added a large stake in Elon Musk’s privately held SpaceX, with daily disclosures of the active ETFs holdings on Friday showing SpaceX now makes up 22% of the fund’s portfolio.

Such a stake would open up a potentially big opportunity for those looking to get access to some of the eccentric billionaire’s privately held business empire, ahead of any public offering of the shares — which is reportedly in the works for this year.

Run by mutual fund manager Ron Baron, the ETF also owns stakes in other Musk vehicles such as privately held xAI and publicly traded Tesla. The fund — which has only been trading since December 15 — is down slightly on the day.

markets

Luke Kawa1/23/26

AMD jumps as Intel’s supply constraints offer chance for CPU market share gains

As investors react negatively to Intel CEO Lip-Bu Tan’s warning that the chipmaker’s turnaround effort will be a “multiyear journey,” that cautionary note is also a reminder that Advanced Micro Devices has more time to make hay while the sun shines.

AMD had been one of the companies with the most to lose should attempts by the government and Nvidia to prop up the beleaguered chipmaker bear fruit. In particular, Intel and AMD are locked in a fierce competition in the CPU market. During its earnings call on Thursday, Intel said that supply constraints were preventing the company from realizing strong demand.

JPMorgan analyst Harlan Sur thinks that gives AMD more room to continue to muscle in on Intel’s CPU turf.

“We still view Intel as being at risk of further share loss in its product businesses (particularly in server CPU given AMD’s strong product portfolio/roadmap and Intel’s supply constraints),” he wrote.

AMD is up nearly 3% as of 11:40 a.m. ET, working on its ninth straight day of gains. A positive close would match its longest winning streak since 2005.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.

©2026 Sherwood Media, LLC