financeMonday, July 6, 2026
Today's finance news is dominated by the intersection of AI and investing. The massive electricity demand from AI data centers is forcing utilities to spend a record $240 billion, and investors are eyeing stocks that could ride the wave. Meanwhile, Micron gets a double boost from Wall Street and Nvidia's CEO, and the SEC probes insider trading at Susquehanna.
The AI boom is reshaping the utility sector, with record capital spending and a clear playbook for investors.
The article argues that AI's insatiable electricity demand will drive $240 billion in utility spending by 2026, a 60% increase in power demand by 2045. It names specific utility stocks positioned to benefit, but also flags risks like regulatory hurdles and construction delays.
Micron is up 240% YTD, and the rally has fresh fuel: Wall Street raised earnings estimates, and Nvidia's CEO said memory chip demand will outstrip supply for years. The article frames this as a structural AI play, not just a cyclical bounce.
The SEC is digging into a $100 million options trading scheme, while the fallout from crypto-linked political windfalls continues.
The SEC is investigating claims that unknown traders made $100 million in options profits ahead of a Chinese regulatory crackdown on cross-border brokerages. Susquehanna filed the lawsuit that triggered the probe, alleging the trades were based on nonpublic information.
The NYT reports that Trump made $636 million from the $TRUMP memecoin, part of a $2 billion windfall, while many retail investors lost money. The piece uses independent analysis to quantify the disparity, raising questions about the ethics of political figures launching speculative tokens.
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