AI selloff and data-center boom risk
The S&P fell 4.4% Thursday and AI-exposed hedge funds are bleeding, while commentators debate whether AI demand is intact or a bubble is deflating.
What we know
Unusual Whales reports big hedge fund losses (VARA −33% in October, Tiger Global −8.5%). Kobeissi notes Thursday's −4.4% S&P drop was the largest since April 2025 and historically a buying opportunity. Bilello flags record $96.5B data-center construction with voter pushback, while Zephyr says server lead times are rising, not inventory. Goldman via ZeroHedge sees one more push higher, then heavy 2027 supply.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.