Roughly half of the S&P 500's current earnings growth reflects AI capital spending, according to Goldman Sachs Research. That makes this week's question an uncomfortable one, because one company's capex is another company's revenue, so what happens to earnings if the spending slows? Elon Musk pledged one SpaceX share to every child in America next year, worth about $10.5 billion, a day after Anthropic said it would commit 5% of its shares to a public benefit fund and proposed a bill letting Washington halt a frontier model only at $1 billion in damage or 50 casualties. Plus a Fed decision Bank of America still thinks could be a hike, and Nscale losing Microsoft weeks before its IPO. Featuring Julie Hyman, Host, Yahoo Finance Jake Conley, Breaking Business News Reporter, Yahoo Finance Pras Subramanian, Senior Autos Reporter, Yahoo Finance Timestamps 0:00 Is this the sell-off, or just a sell-off? 0:19 Last week by the numbers, and who led it down 2:10 The largest tech sell skew in more than five years 3:15 Three things that would turn a bull bearish 5:04 Half of S&P earnings growth reflects AI capex 5:29 One company's capex is another company's revenue 6:13 A P problem, not an E problem 7:55 The Fed meets next week and a hike is not off the table 8:45 Local pushback on a Chicago-area data center 10:47 Nscale loses Microsoft weeks before its IPO 14:19 Why go public at all right now 15:00 Anthropic pledges 5% of itself to a public benefit fund 20:17 A SpaceX share for every kid in America 21:41 "But the children," and the problem with that 23:22 A bill that starts at $1 billion or 50 people 25:05 France is burning and the bond spread is blowing out 30:13 Indonesia under threat of an index removal 32:11 Earnings week, and what each of us is watching 37:19 The biggest defense week of the quarter 41:45 Intel gets upgraded, but only to neutral 44:15 A $15 million opening for a documentary #AIStocks #FederalReserve #ElonMusk #The830 #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571