Welcome to Markets Desk, here's what's moving the needle today.
SoftBank is making a massive bet on Europe's AI future, committing up to seventy-five billion euros to build artificial intelligence data center capacity across France. The first phase alone — forty-five billion euros — targets three point one gigawatts of capacity in the Hauts-de-France region by twenty thirty-one, positioning the country as the continent's premier AI infrastructure hub.
Closer to home, Greg Abel is wasting no time putting Berkshire Hathaway's legendary capital pile to work. Buffett's designated successor deployed tens of billions across three separate positions last quarter, and early returns suggest Abel has the same disciplined eye for value that defined his predecessor's half-century run at the top.
Meanwhile, Datadog has quietly become one of the more compelling AI infrastructure plays in the market, with shares more than doubling as investors price in the company's growing suite of monitoring tools. Products like LLM observability and Bits AI are driving real enterprise adoption, and the revenue trajectory is beginning to reflect that demand in a meaningful way.
That's the tape. Markets Desk, signing off the floor.
