End of Week Market Intelligence: dc downside?

US stocks are trading higher Friday but on pace for a ~2% loss for the week as investors navigate a volatile post-Midterms environment, with the VIX spiking to 28 on Thursday and still at 24 today, largely triggered by concerns that opposition to data center development could widen the supply-demand gap in the datacenter supply chain. At the core of the debate is whether all of the compute power that has been ordered will have a place to be installed when it is delivered. Mike Ng believes the already-conservative forecast of 20 GW-IT of data center capacity coming on in 2027, rising to 24 GW in 2028 and 23 GW-IT in 2029, is still on track; Adam Bubes sees a clear path for 2027 as all forecast projects have broken ground, while only about half of 2028 projects have. Carly Davenport sees Democratic wins raising near-term uncertainty in Texas and Georgia but still views these markets as important long-term areas for load growth. Amanda Lynam notes hyperscalers are on pace to finance 36% o