logo
CNBC Property Play: Building data centers on the moon

CNBC Property Play: Building data centers on the moon

CNBC15-07-2025
CNBC Property Play brings you interviews with some of the biggest names in real estate, touching on everything from commercial and residential to finance and the mortgage markets, innovation in the industry and the growing risk to assets and operations from climate change.
CNBC's Diana Olick sits down with David Steinbach, global chief investment officer at Hines, and Ross Centers, CEO of Ethos. They discuss why lunar data centers may become the next frontier in real estate, and how the space exploration boom mirrors the early railroad era.
Watch the full interview, and sign up to receive the weekly Property Play newsletter, straight to your inbox.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

‘This market is pricing in perfection,' warns Verdence Capital CIO as tariff deadline looms
‘This market is pricing in perfection,' warns Verdence Capital CIO as tariff deadline looms

CNBC

time3 hours ago

  • CNBC

‘This market is pricing in perfection,' warns Verdence Capital CIO as tariff deadline looms

The market may be trading around record highs, but the Verdence Capital Advisors CIO is worried trouble is lurking. Megan Horneman, who oversees $4.1 billion in assets under management, thinks there's too much complacency around the Aug. 1 U.S. trade deadline. "This market is pricing in the perfect situation," she told CNBC's "Fast Money" on Monday. In addition to tariff concerns, she lists uncertainty regarding Federal Reserve policy and overbought conditions from a technical perspective as potential issues. "Once we see that [rate cuts] might be priced off the table, coinciding with the fact that we're not quite sure what's going to happen with the tariff perspective, I think you can see a bit of a valuation correction," said Horneman, who's a former Deutsche Bank senior investment strategist. Horneman is particularly concerned that technical levels are signaling overbought conditions in growth stocks — including Big Tech. "These are things that we think might upset the rally that we're seeing here," she said. Despite her short-term caution, Horneman considers herself a long-term bull and views pullbacks as opportunities. She lists international stocks among her top plays on market weakness. "I'd warn that right now, they're expensive from a valuation perspective [but] cheap compared to the U.S.," she said. "They've been underloved for way too long, and I think you're seeing some of that rotation just begin. I think that can continue." To navigate the uncertainty, her key advice to investors right now: Make sure you're allocated appropriately. "Fast Money" trader Guy Adami also sees concerns, citing the number of retail investors driving recent market gains."Just in terms of valuation, things have gotten a tad frothy here," he said on Monday's show. The S&P 500 closed at record highs every day last week. As of Friday's close, the index is 16% over the past three months while the tech-heavy Nasdaq is up 21% over the same period. The Nasdaq is also atDisclaimer

Global week ahead: Crunch time for trade talks as Trump's deadline nears
Global week ahead: Crunch time for trade talks as Trump's deadline nears

CNBC

time12 hours ago

  • CNBC

Global week ahead: Crunch time for trade talks as Trump's deadline nears

I think most would agree that the news cycle has been relentless for most of 2025, but certain stories do seem a little "Groundhog Day" at the moment. Earlier this month, I wrote about the conundrum facing the newsroom over how to approach President Donald Trump's then-trade talk deadline of July 9. Now, at the end of the month, we find ourselves in a similar position, but this time the date we are all watching is August 1. Why? Once again, it's another deadline for countries across the globe to try and agree a trade truce with the United States, with the European Union in particular focus this time round. Debate in the newsroom resurfaces … when is a deadline not a deadline? The week has become even trickier to predict, with talks between the U.S. and China now taking center stage in Stockholm on Monday and Tuesday — potentially further complicating the picture for Europe. A U.S. trade agreement with the European Union has seemed tantalizingly close, with CNBC's Silvia Amaro reporting that a 15% baseline tariff rate is the base-case scenario, according to an EU diplomat. These reports drove stock markets across Europe and the U.S. higher last week. On Friday, however, Trump told reporters there was only a "50-50 chance" of a deal. As CNBC's Holly Ellyatt explains, the EU is keeping its so-called "trade bazooka" — or Anti Coercion Instrument — warm in case an agreement is not reached by the August deadline. The corporate world is crying out for an agreement, piling pressure on the European Union to put an end to the uncertainty. Puma, VW, Michelin and other corporates across Europe have downgraded their outlooks citing the impact of tariffs and the ongoing pressure the restrictions are putting on these businesses. This week, all eyes will be on another raft of earnings from Europe, including banking giants UBS, Santander and Standard Chartered, drinks firm Heineken, pharma giant AstraZeneca and energy major Shell to name a few. On the data front, GDP growth rates for France, Spain, Germany and Italy will be released on Wednesday, providing insight into the wider impact of the market uncertainty. Last week, the tricky economic conditions saw the European Central Bank opt for a hawkish hold of the benchmark rate at 2%, with President Christine Lagarde saying the ECB is "in a good place to hold and watch how risks develop over the next few months." And so Friday August 1st will be a crucial date for market participants and corporates (and the newsroom)… until it isn't.

Amazon.com, Inc. (AMZN)'s CEO Says Tariffs Haven't Hurt Company, Says Jim Cramer
Amazon.com, Inc. (AMZN)'s CEO Says Tariffs Haven't Hurt Company, Says Jim Cramer

Yahoo

time18 hours ago

  • Yahoo

Amazon.com, Inc. (AMZN)'s CEO Says Tariffs Haven't Hurt Company, Says Jim Cramer

We recently published . Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed. Inc. (NASDAQ:AMZN) is another stock that Cramer frequently discusses on his morning show. On several occasions, he has shared optimism about the firm's Alexa Pro service and also remarked on share price levels. One major aspect about Inc. (NASDAQ:AMZN) that Cramer has highlighted multiple times is how the firm's dominance in the retail industry means that consumer goods companies have to work with it no matter what the circumstances are. The debate around the retailer has shifted more recently to prices and inflation. According to Cramer, Inc. (NASDAQ:AMZN) CEO Andy Jassy hasn't seen an impact from tariffs on the firm's prices yet: 'Right well, I do think that, you know it's gonna be inflationary and that's what Powell's worried about. But, Andy Jassy said so far the tariffs haven't hurt Amazon.' Previously, the CNBC TV host discussed a WSJ article claiming that Inc. (NASDAQ:AMZN) had increased prices: '[On WSJ piece saying they'll keep prices low but raising them instead]Look I think that Amazon is an overall piece and I don't know how much that includes Prime, where the prices were incredibly low. Amazon's assured me that that story, didn't say it's this story exactly, but anybody who thinks that the prices are up, will take a look at Prime and think that's not true.' While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store