GRO MONEY NEWS - 🚨 THE AI INFRASTRUCTURE MARKET JUST GOT A LOT SMARTER.

Nvidia backed Firmus tried to take a multibillion dollar data center IPO to market.

Investors said: show us the economics.

Meanwhile, Google’s Wyoming data center structure includes roughly $1.8B of new generation investment, 590 MW of grid service, 2.1 GW of additional contracted resources, and $399M already advanced for long lead equipment.

That is the difference between an AI story and a bankable infrastructure transaction. ⚡

Also in Friday’s GRO Money News:

📉 Nasdaq: down 1.3%
🏦 10 year Treasury: about 5.23%
🏠 Freddie Mac 30 year mortgage: 7.40%
🌏 Asia: AI spending concerns hit Japan
🇦🇪 Mubadala: $6.2B Clear Channel deal clears CFIUS
🤖 SoftBank + Grab + PETROS: new sovereign AI infrastructure push in Malaysia
💰 Opportunity Zones: the December 31 transition date matters

My take: AI infrastructure does not have a capital shortage. Poorly structured AI infrastructure has a capital shortage.

Until tomorrow, be the best human you can be.

Listen, share this with someone financing infrastructure, and tag the person still confusing an MOU with revenue.

Read GRO Money News on LinkedIn

Listen to GRO MONEY NEWS

Duration: 14m
Broadcast on: 09 Oct 2026
Audio Format: other

The bond market brought a calculator to the AI party. Good morning, and welcome to Grow Money News for Friday, October 9th. Apparently, the bond market finally got invited to the AI party, and instead of bringing champagne, it brought a calculator, a covenant package, and several deeply uncomfortable questions about cash flow. That is the story this morning. Artificial intelligence is not running out of capital, but capital is becoming much more discriminating about who gets it, on what terms, and against what collateral. At the same time, treasury yields remain above 5%. Mortgage rates are back near three-year highs, oil remains above $100 a barrel, and the consumer is about to give us another reading on whether everyone outside Wall Street is actually enjoying this economy. Grow Group is actively looking to place $5 billion of equity financing in 2026 for qualified master builders in major MSA territories. We offer multiple financing options, including up to 100% for developments, data centers, and solar projects, which is particularly relevant today because financing is available, but the words "AI infrastructure" are no longer enough to make investors throw money across the table. Thursday gave us a useful lesson in market concentration. The S&P 500 fell about half a percent, and the NASDAQ lost roughly 1.3% as technology and AI-related shares came under pressure. The Dow managed a small gain. That is not a market panic. It is a market beginning to differentiate between cash flow and narrative. The 10-year treasury finished around 5.23% after moving even higher earlier in the day, while the 30-year treasury remained around 5.6%. Those numbers matter far beyond the bond desk because they are re-pricing everything from mortgages and commercial real estate to infrastructure equity and data center development. Oil added another complication. Brent traded above $104 a barrel during Thursday's session as geopolitical concerns and disruption around the Strait of Hormuz continued to create an inflation premium. If energy remains expensive, the Fed has less room to relax. Long duration assets get harder to finance, and every infrastructure project that depends on cheap capital gets another sensitivity test. Investor sentiment is appropriately nervous rather than hysterical. The fear and greed framework is sitting in fear territory around 38. That makes sense. Equity indexes remain historically strong, but the cost of money is forcing investors to ask questions they could ignore when rates were 3% lower. Asia is giving us the same message this morning. The MSCI Asia-Pacific Index opened slightly lower, and Japan's Nikkei initially fell more than 1%

Transcription truncated.