Blackstone CEO Dismisses AI Bubble Fears: 'Critical Scarcity of Supply Has Intensified'
Steve Schwarzman, a top billionaire, has dismissed AI bubble fears, pointing to the rising demand for AI and constrained supply
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Micron stock remained on edge, even as Jensen Huang downplayed the potential memory glut fears. Will MU shares rebound?
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Steve Schwarzman, a top billionaire, has dismissed AI bubble fears, pointing to the rising demand for AI and constrained supply
The Federal Reserve raised rates in September and investors expect at least one more hike before year-end. Rising interest rates negatively impact AI stocks through two mechanisms: reduced present value of future earnings for growth companies and increased borrowing costs for expensive AI infrastructure buildouts. Well-capitalized companies like Nvidia and Alphabet are minimally vulnerable, while less profitable companies dependent on debt financing like CoreWeave face greater pressure.
SpaceX's Q3 2026 earnings report had a significant ripple effect on AI cloud stocks. The company's strong performance and its implications for AI infrastructure demand influenced sentiment across related AI companies including Nebius, CoreWeave, Nvidia, and Iren. The article examines what SpaceX's results mean for the broader AI investment landscape.
IREN plans to offer AI cloud services from Badajoz, including managed services, to customers seeking greater choice over where their AI workloads run and how their data and infrastructure are managed in Europe. The
IREN stock fell 4% on October 20, 2026, as premarket funding worries and interest rate concerns pressured the AI cloud and data center operator. While peers like Applied Digital and Core Scientific showed steadier demand, IREN's $7.6 billion debt load and dependence on financing remain key concerns. The company's legacy Bitcoin mining business continues to generate most of its revenue, which could provide some insulation from AI cloud sector headwinds.