By Marcin Frąckiewicz
Publication Date: 2026-01-01 23:50:00
January 1, 2026, 6:05 p.m. ET
Brookfield is launching its own cloud business to rent chips in data centers directly to artificial intelligence developers, The Information reported Wednesday. The company is linked to a new $10 billion AI fund and a cloud unit called Radiant, the report said. Brookfield did not immediately respond to a request for comment. Reuters
Investors enter 2026 with a focus on artificial intelligence (AI) spending and corporate profits as strategists weigh whether U.S. stocks can extend their multi-year rally. “When companies start pulling back on capital spending, you’re probably looking at a flat or even slightly down year,” said Jeff Buchbinder, chief equity strategist at LPL Financial, using the acronym for capital spending. Earnings at S&P 500 companies are expected to rise over 15% in 2026, said Tajinder Dhillon, head of earnings research at LSEG, while Fed funds futures imply at least two more quarter-point interest rate cuts. Reuters
Oracle’s…
