GRO MONEY NEWS - ⚡ AI POWER JUST GOT A $37.5B VALUATION. THE PREF STARTS AT 10%.

💰 Flex is separating its AI power and cloud infrastructure business, Axiom, after raising $2B of convertible preferred capital. The preferred pays 10% cash before the separation, then steps down after the business de-risks.That is the lesson.Capital should get cheaper as risk disappears.

Meanwhile:

🏭 Schneider Electric agreed to buy PTC for $23.7B.⚛️ DOE conditionally offered up to $4.2B to preserve nearly 4 GW of nuclear power and add 433 MW.🚚 C.H. Robinson agreed to acquire RXO for roughly $5.8B.🏢 Fannie Mae backed more than $630M of multifamily refinancing.📈 And the 10 year Treasury still finished around 5.31%.💡 Today’s sales idea: build a Milestone Refinance Map.Show exactly when expensive development equity can be replaced by cheaper capital after power, permits, customer contracts, construction, and first revenue are secured.If a project de-risks but the capital stack never gets cheaper, the sponsor is giving away the value it just created.

🎧 Listen to today’s GRO Money News and share it with someone financing AI infrastructure, power, private credit, or real estate.

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Duration: 29m
Broadcast on: 08 Oct 2026
Audio Format: other

AI power just got a $37.5 billion valuation. The preferred starts at 10%. Flex is separating its AI power and cloud infrastructure business at an initial enterprise value of $37.5 billion, with outside investors putting $2 billion into convertible preferred stock carrying a 10% cash dividend before the separation. Schneider Electric simultaneously agreed to pay $23.7 billion for industrial software company PTC. The Department of Energy conditionally offered up to $4.2 billion to preserve and expand nuclear power. And the 10-year treasury climbed back to 5.31%. Good morning, and welcome to Grow Money News for Tuesday, October 6. Wall Street put the NASDAQ at another record Monday. But the bond market immediately reminded investors that a record stock index and cheap capital are two completely different things. Grow Money News is brought to you by Grow Group. Grow Group has $5 billion of equity investment for your projects, and we are actively looking to place $5 billion of equity financing in 2026 for qualified master builders in major metropolitan markets. We offer multiple financing options, including up to 100% for developments, data centers, and solar projects. Apparently, the cloud is weightless, but its power infrastructure still enjoys a 10% preferred return while waiting for the public markets to finish the paperwork. That is the capital allocation story today. Artificial intelligence infrastructure is no longer being financed as one giant undifferentiated technology bet, because institutional capital is increasingly separating power, cooling, compute, equipment, real estate, customer contracts, and development risk into individually-financeable pieces. The more clearly a sponsor can separate those risks, the cheaper parts of the capital stack can eventually become. The expensive capital should be paid to own the difficult risk, not to sit permanently underneath infrastructure that has already been de-risked. Record NASDAQ, 5.1% treasury. Pick your reality. The S&P 500 gained roughly 7/10 of 1% Monday to 7,773.95. The Dow added 2/10 to 51,267.90, and the NASDAQ jumped 1.1% to another record at 27,477.31. The Russell 2000 gained about half a percent, as enthusiasm around technology, mergers,

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