Editorial companion

What stands out

On Fox Business, Futurum Group CEO Daniel Newman told Stuart Varney that cumulative data center capital expenditures (CapEx) tied to artificial intelligence could reach $14 trillion by 2030. That is not a software trend, it is a forecast of an industrial-scale buildout touching GPUs (graphics processing units), custom silicon, power, cooling, fiber, and specialized real estate. The clip matters because it forces investors to think beyond algorithms and into decades of physical investment, and because giant CapEx headlines are where macro narratives meet stock selection.