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Local Opposition Becomes a Credit Risk for AI Data-Center Lenders
Banks still want to finance AI infrastructure, but lenders are giving permits and community support more weight as blocked or delayed projects spread across the U.S.
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MarketReview author profile
Editor-in-Chief
ActiveKen Stephens has spent decades following financial markets from both sides of the screen: as an individual investor and through work connected with the investment-banking industry. That breadth informs the way he approaches MarketReview’s coverage of investing, trading and the institutions that influence asset prices.
He is less interested in repeating the market’s conventional wisdom than in examining what supports it. When a familiar explanation is offered for a rally, a sell-off or a shift in policy, Ken looks for the assumptions underneath it, the evidence that confirms or weakens it and the risks that may be overlooked. His writing often connects the choices facing individual investors with the larger forces at work in financial institutions and markets.
As Editor-in-Chief, Ken sets editorial priorities and helps shape how MarketReview explains complex financial subjects. He also contributes directly to articles on investment strategy, market analysis and trading, with an emphasis on clear reasoning, honest uncertainty and conclusions that can withstand closer scrutiny.
Published work
News, analysis and evergreen financial guides credited to this author.
Banks still want to finance AI infrastructure, but lenders are giving permits and community support more weight as blocked or delayed projects spread across the U.S.
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The 3-year sale opens a $125 billion refunding week, with 10- and 30-year auctions still ahead as long-term yields stay near two-decade highs.
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Intel priced 210.5 million shares at $95, expanding its planned equity sale by $5 billion as the chipmaker funds a capital-heavy manufacturing turnaround.
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Teledyne is paying a 52% premium for the X-ray imaging specialist as it expands its fast-growing Digital Imaging business.
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Higher gold prices lifted Barrick's earnings, but rising production costs hurt the quarter as a $1.95 billion Newmont settlement removed an obstacle to its North American IPO.
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Archer is expanding beyond eVTOL aircraft with a Boeing deal that adds autonomous flight, drones and airspace-management technology.
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More than a few people have been caught up in the rise in treasury yields portending inflation. Fortunately, the Federal Reserve aren’t so easily fooled, and prefer facts…
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Those who promote conventional approaches to investing are constantly trying to school us on it, but the most important part of learning is being willing to ask the…
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The cult of Make America Great Again has now been defeated. How will the Biden administration’s efforts to reverse course affect the U.S. labor market? The people have…
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