Good morning, you're listening to Markets Desk.
The FBI is taking a closer look at Nvidia CEO Jensen Huang following scrutiny over the company's corporate governance structure. Critics are picking apart how information flowed inside the chipmaker, and the timing could not be worse for corporate America's broader embrace of AI as a strategic cornerstone.
That AI story connects directly to the power grid. Constellation Energy is positioning itself to capitalize on surging electricity demand driven by data centers and machine learning infrastructure. The company's approach signals that legacy nuclear and generation assets may be among the most underappreciated plays in this entire AI build-out cycle.
Meanwhile, the consumer credit picture is darkening. A new Urban Institute analysis finds nearly a quarter of Americans carry debt in collections, with credit card and student loan delinquencies climbing. High interest rates and persistent inflation are squeezing households that never fully rebuilt their financial cushion after the pandemic years.
That's the tape. Markets Desk, signing off the floor.
