OpenAI's Stargate Struggles

MRKT Matrix - Monday, February 23rd

• Dow tumbles 800 points on growing fears about AI disruption, tariff drag: Live updates (CNBC)
• Mortgage rates just dropped below 6%, matching lowest level since 2022 (CNBC)
• Inside OpenAI’s Scramble to Get Computing Power After Stargate Stalled (The Information)
• Altman Says Data Centers in Space Idea is ‘Ridiculous' (The Information)
• Meta Rakes It In, Yet Still Borrows Billions for AI (WSJ)
• Micron Stock Is Riding the AI Surge. How the Memory Trade Could Sour (Barron’s)
• Amazon to spend $12 billion in Louisiana on AI data centers (CNBC)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs