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Transcripts For FBC The 20240704

Estevez in that movie. Charles just hope you never have to meet em in real life, theyre rough. Liz charles, thank you very much. Folks, weve got a special edition of the claman if countdown due to multiple plates in the air that are scheduled to start spinning in the next couple of minutes. Weve got stocks right now mixed at the moment. The dow is down 14, s p up 16. It just needs a gain of 19 to hit a new record. Nasdaq up 92. And we are conning to watch this mixed picture, but mostly higher due to the benign inflation read. The 2year yield has been falling in response. Weve got it down 1. 6 basis e points, off the lows of the session. But, look, does anything about that january pce Inflation Report change . Blackrocks bond guru rick reiders timing of the Federal Reserves first Interest Rate cut . Rick is coming up in just a moment the tell you. In the meantime, bitcoin very quickly here continues it epic climb. Coming up in this hour, the ceo of Bitcoin Miner marathon digital is here

WindAction | Plans for massive data center linked to nuclear power spark debate on Connecticut s energy future

Thomas Quinn wants to build a hyperscale data center — what would be the single largest user of electricity in Connecticut — next to the Millstone Nuclear Power plant in Waterford. The center would use more than 9% of the average power consumption in the state, enough to raise concerns among state lawmakers about the stability of the grid and serious questions about whether it’s the best use for electricity as the state transitions away from carbon-based energy. .According to figures provided by NE Edge, the project would require a $1.6 billion in investment and would consume 300 megawatts of power once operating — the size of the largest-scale, next-generation data centers used for high-density AI computing.

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