Power Cut
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A week ago, analyst TD Cowen revealed that Microsoft had canceled leases "totalling a couple hundred MWs," with "at least two private data center operators across multiple US markets." The report also details how Microsoft "pulled back on converting negotiated and signed Statement[s] of Qualifications (SQQs)," which it added
  • Jonathan Hendry@iosdev.space
    5·
    4 months ago

    @sc_griffith

    They made $45 billion in revenue in 2023 ($1.3 billion net), so I’m sure that is a factor.

    If you owned $219,000 in stock and grossed $45,000 a year, and had $31,000 in cash, could you borrow $16,000?

    • sc_griffith@awful.systemsEnglish
      3·
      4 months ago

      I think it’s more like $188,000 in stock, $31,000 in cash, annual pay of $45,000, and you currently have a $60,000 loan. the new loan would be an additional $16,000