VIDEO: AI and Data Center Spending, Rates and More

Just after Wednesday’s opening bell, Chris Versace joined Nicole Petallides at the Schwab Network to discuss several items brought to your attention in the day’s eight things alert and why we remain bullish on the Portfolio’s AI infrastructure holdings.

They also discussed the same concern raised on Tuesday with Charles Payne on “Making Money” over at Fox Business which is quarterly results and guidance from the “other 50%” of the market-cap weighted S&P 500 that isn’t tech or what is referred to as “tech adjacent.”

Earnings on Thursday morning for PepsiCo ($PEP) will be the among the first to show higher energy, food, transportation and other input costs as they reshape expectations for margins and bottom-line performance.

Click here to see Chris’ conversation with Nicole.

And a quick reminder: Chris will be on “Market Hang” at Yahoo! Finance between 12:30 p.m. and 1:30 p.m. ET on Wednesday.

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Posted by Chris Versace

With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to TheStreet Pro Portfolio (formerly Action Alerts PLUS) each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for TheStreet's Pro Portfolio. Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.” With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).

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