Keep pulling the thread on Bloomberg Businessweek Weekend.
The June ceasefire between the United States and Iran has failed following a new wave of U.S. airstrikes on Iran.
President Donald Trump stated the U.S. bombing campaign against Iran will continue until Iran ceases attacks on ships in the Strait of Hormuz and opens the waterway for passage.
Microsoft's revenue is expected to surprise to the upside, contrary to market expectations.
The United States is facing shortages of power, compute, chips, and memory.
A new asset class will emerge based on trading futures contracts for computing power.
Hyperscalers have committed over $500 to $600 billion in funding for compute infrastructure through 2026.
Kalshi's founder and CEO, Tarek Mansour, predicts that compute futures will eventually become a larger market than oil futures.
CME Group plans to launch computing power futures linked to an index compiled by Silicon Data.
Intercontinental Exchange is partnering with Oren to create futures contracts for computing power.
The GPU compute market is not standardized, with pricing affected by factors like location, chip type, grade, and use case.
Kalshi has launched a tool that plots the future price of computing power.
The market is incorrectly categorizing Microsoft as a broad software company susceptible to disruption by AI, rather than as a leading hyperscaler.