Yikes! The AI Data Center Build-Out Is Cannibalizing a $1 Trillion Catalyst That's Powered the Trump Bull Market Higher.
Although the artificial intelligence (AI) infrastructure build-out is exciting, it comes at a high cost for Wall Street and investors.
Yikes! The AI Data Center Build-Out Is Cannibalizing a $1 Trillion Catalyst That's Powered the Trump Bull Market Higher.
Overview
Despite a volatile March, the stock market appears to be well on its way to another banner year. Last week, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and innovation-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) all roared to record-closing highs -- an occurrence that's become commonplace under President Donald Trump.
The Dow, S&P 500, and Nasdaq Composite rallied 57%, 70%, and 142%, respectively, during Trump's first term, and they've gained 17%, 26%, and 37% since the president's second, non-consecutive term began on Jan. 20, 2025 (as of the closing bell on June 3, 2026).
President Trump delivering remarks. Image source: Official White House Photo by Daniel Torok.
Details
Source
Originally published at www.fool.com.
Related Articles
- 51% of U.S. adults say the American Dream is out of reach for most people right now: CNBC survey
- A massive 16% market swing just rocked South Korea over 24 hours. The retail ‘ants’ holding the wheel are driving dangerously.
- I’m 60, retired with $3 million. My fiancée, 55, has $1 million but plans to work for the next 10 years. Are we compatible?
