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Headline -- WSJ
Banks Lend $18 Billion for Oracle-tied Data Center Project, Bloomberg News Reports
Around 20 banks are in the queue to provide an $18 billion loan for Oracle-related data centers in New Mexico.
On November 7, according to media reports citing informed sources, this transaction is being managed by Sumitomo Mitsui Banking Corporation, BNP Paribas, Goldman Sachs, and Mitsubishi UFJ Financial Group as administrative agents. Oracle is expected to become a tenant of the new data center campus located in New Mexico.
Consumer Sentiment Falls Toward Record-Low Levels -- WSJ
Dow Opens Lower; Tesla Stock Drops -- WSJ
From 'AI Frenzy' to 'Valuation Panic': Turmoil in the U.S. Tech Sector Sparks Global Market Caution
Despite the ongoing AI boom, an increasing number of investors are beginning to exhibit caution or even pessimism toward the continuously rising valuation levels.