Skip to contentHome page Seeking Alpha - Power to InvestorsOct 24, 2026, 10:51 AM ETState Street SPDR S&P 500 ETF Trust (SPY), DIA, QQQ, IVV, VOO, IWM, SPX, SP500, NDX, DJI, RTYORCL, META, SPCX, CRWV, NBIS, IREN, SKHY, OPENAI, AMZN3 CommentsBret JensenInvesting Group LeaderSummaryThe AI data center construction boom, a key market and economic driver since 2022, is now encountering significant headwinds.Rising capex, negative free cash flow, and surging credit risk are pressuring hyperscalers like Meta and neocloud providers such as CoreWeave.Global setbacks include failed IPOs, financing collapses, and valuation pushback for major AI/cloud players and infrastructure projects.Local opposition, regulatory threats, and severe grid interconnection delays are compounding risks to the AI infrastructure buildout and market rally.Looking for a helping hand in the market? Members of The Biotech Forum get exclusive ideas and guidance to navigate any climate.