Money & Economics
- Thread starter bigredfish
- Start date
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Everyone racing to beat the clock.
3rd announced IPO in a week. There will be more.
This is the Top. Be careful out there
The AI bubble has already burst.
That is exactly why so many companies are racing toward IPOs now.
They want to sell at peak valuations before the financing problems, data center delays, power constraints, missed targets, and guidance cuts start hitting the market.
This is not sustainable growth.
This is insiders trying to cash out at the top before the crowd realizes the bubble is over.
3rd announced IPO in a week. There will be more.
This is the Top. Be careful out there
The AI bubble has already burst.
That is exactly why so many companies are racing toward IPOs now.
They want to sell at peak valuations before the financing problems, data center delays, power constraints, missed targets, and guidance cuts start hitting the market.
This is not sustainable growth.
This is insiders trying to cash out at the top before the crowd realizes the bubble is over.
BREAKING: Ohio secretly gave 100% sales tax breaks, lasting up to 40 years, to tech giants for data centers, per http://Cleveland.com.
The exemptions—signed by Gov. Kasich—give Google, Meta and Amazon at least $600 million each.
Legislators say the contracts can't be undone.
www.cleveland.com
The exemptions—signed by Gov. Kasich—give Google, Meta and Amazon at least $600 million each.
Legislators say the contracts can't be undone.
Ohio’s biggest data centers secured decades of tax breaks
Ohio lawmakers are trying to shrink a billion-dollar data center tax break, but decades-old agreements may protect the industry's biggest players.
www.cleveland.com