According to CNBC... Higher Treasury yields raise discount rates, pressuring AI equity valuations and capex-heavy growth plans, per market strategists.

According to @CNBC, soaring energy and AI capex complicate Fed rate cuts as data center power demand lifts inflation and financing costs.

According to @CNBC, trader Jay Woods is watching NVIDIA earnings and Fed minutes for signals on AI demand, margins, and rate impacts on chip and cloud spend.