Crypto Briefing: AI Data Center Boom Fuels Bubble Fears
Peachtree Group CEO Greg Friedman says AI is driving strong data center demand but warns record construction could lead to oversupply if development outpaces future demand.
Schwab Network – Greg Friedman joins Nicole Petallides at the NYSE site with a deep-dive into the high rate environment facing investors right now. When looking at the 10-year Treasury rate which is "more than double pre-2022 average," Greg believes its reshaping valuations and refinancing dynamics. In the real estate realm, he sees uneven performance saying "90% of office vacancies are in just 30% of office buildings."
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