US Retail Sales Rise 0.4% in September, Tech Stocks Surge as AI Demand Continues

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Finance,US Retail Sales,AI Demand

RBC Capital Markets economist Mike Reid discusses the US retail sales report and the booming trend of Big Tech companies turning to nuclear energy providers for their AI data centers. Canaccord Genuity Managing Director George Gianarikas weighs in on the latest developments in the tech sector.

After US retail sales rose by 0.4% in September, RBC Capital Markets US economist Mike Reid comes on the programCanaccord Genuity Managing Director George Gianarikas addresses the booming trend in Big Tech names turning to nuclear energy providers to power their AI data centers, naming NuScale Power from the key city of Kurakhove in Ukraine's eastern Donetsk region.

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