Daily Alpha · YouTube
· Post-Market Alpha · by Buzzberg Research
Fed Chair identifies generational AI-driven capex boom
Fed Chair Kevin Warsh reported a 25% increase in high-tech spending in Q1 2026, characterizing the current AI-related capital expenditure surge as a generational event that is accelerating in real time.
IBM revenue miss raises concerns over AI cannibalization
IBM shares suffered a significant single-day drop after missing revenue estimates, with management noting that clients are putting other IT projects on hold to fund AI infrastructure.
New York imposes one-year ban on new AI data center construction
New York has implemented a one-year moratorium on the construction of new AI data centers due to public concerns regarding high power consumption and rising electricity costs for residents.
Stripe's potential acquisition of PayPal as a signal of private market dominance
Stripe's reported $50B+ bid for PayPal is viewed as a strategic move by a private company to acquire a stagnant public asset, leveraging the flexibility of private markets to avoid public scrutiny and long-term pressure.
Oil supply shock from Strait of Hormuz closure
Adam Rozencwajg argues that the closure of the Strait of Hormuz resulted in a loss of 10-15 million barrels per day of upstream production for approximately 100 days, totaling a billion-barrel shortfall that is currently draining global inventories.