Karen Moscow

The money is earmarked for new data centers and the long list of equipment needed to make them tick.

That's raising questions once again for investors about whether the payoff will catch up with all that investment.

We get more with Bloomberg's Parmi Olson, tech columnist for Bloomberg Opinion.

And as Bloomberg's Parmi Olson, Amazon shares dropped after the company yesterday announced it plans to spend $200 billion this year on data centers, chips and other equipment.

Amazon shares down about 7.5% this morning.

Meanwhile, dip buyers are driving a rebound in U.S.

stocks, betting that the three-day sell-off led by technology was overdone.

Bitcoin bounced more than 5% after sliding to the lowest level since October 2024.

Currently, S&P futures are up six-tenths of a percent.

Dow futures up about the same.

Nasdaq futures up eight-tenths of a percent.

The 10-year Treasury yield at 4.2 percent.

And taking a look at Bitcoin this morning at $67,000.

That's up more than 6 percent.

The U.S.

and Iran held indirect talks today in a bid to dial down tensions that have threatened to spiral into war.

Bloomberg's Kasia Klimaczynska is following from Washington.

And Bloomberg's Kasia Klimacinska reports President Trump has threatened to strike Iran if it does not reach a deal on its nuclear program.

The U.S.

warned its citizens in Iran today to leave or stockpile food and water if they can't.