{
  "id": 15616992,
  "title": "Breakfast News: Power Is AI’s New Gold Rush",
  "url": "https://urgent.news/2026/10/19/breakfast-news-power-is-ais-new-gold-rush-15616992",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-19T14:57:10.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/breakfast-news/2026/10/19/breakfast-news/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Microsoft has abandoned plans to house artificial intelligence (AI) data centers in the UK due to power supply issues expected to persist until the 2030s. According to The Telegraph, the tech giant was the primary tenant of the facility, intending to deploy thousands of Nvidia chips for its operations. This news comes amidst a week of sharp declines for U.S. stocks, with the S&P 500 falling 1.95% and the Nasdaq dropping 4.48%. The recent Consumer Price Index (CPI) report, released on Wednesday, indicated an inflation rate of 3.7% year-over-year, surpassing the 3.6% forecast by economists. The figure was the final CPI reading before the Federal Reserve's scheduled meeting on October 27-28. Market futures, serving as early indicators for the upcoming trading session, displayed a positive sentiment, with S&P 500 futures up 0.6% and Nasdaq futures rising 1.2% in early trading hours. As investors digest last week's market sell-off, several companies are set to release earnings reports over the coming week. Among the notable recommendations from Fool services are Cisco Systems (CSCO), with Team Hidden Gems forecasting its stock price to reach $231.15 within five years, up from its current valuation of around $109. The Hidden Gems portfolio had initially suggested Cisco in September 2024 at a price of approximately $47, when many investors viewed the company as a slow-growth entity from the dot-com era. Since then, Cisco's shares have surged approximately 130%. The analysts maintain that the market underestimates Cisco's significance in the AI infrastructure development, presenting a substantial upside potential. The Motley Fool encourages readers to share their thoughts on which earnings report should be the focus this quarter and what core metrics they are closely monitoring. Readers can engage in discussions with friends and family, or become a member to learn what their fellow Fools are saying.",
  "summary": "Microsoft ditches delayed U.K. data center, stocks come off a losing week, and more…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}