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Woofun AI reports that the undisclosed debt of five major US technology corporations has escalated to $16.5 trillion.
Concurrently, artificial intelligence storage requirements are accelerating, with NVIDIA’s CMX projected to utilize over 100 million TB of NAND next year, a supply chain already initiated by Samsung.
On the macroeconomic front, the Trump administration is set to implement new tariffs on numerous nations this week and has endorsed ethical clauses in the CLARITY Act ahead of a Senate vote. JPMorgan Chase’s CEO warned that investors are currently underestimating market risks by avoiding equities and long-term Treasuries.
Meanwhile, Goldman Sachs cautioned that a prolonged blockade of the Hormuz Strait could drive international oil prices above $120 per barrel by year-end.