Invest and GO!

Demand for Claude is already translating into billions in revenue. The planned IPO raises the question of what price could make this growth attractive to investors. Explore the company’s results and compare what different entry valuations would mean for the return on the underlying share.

Artificial intelligence is associated not only with chips and chatbots, but also with the energy that powers it. Technology giants need reliable electricity supplies for their growing data centres and are paying increasing attention to nuclear power. For Constellation Energy, this interest means increasing the output of existing power plants with the support of federal funding. Long-term agreements with technology companies also show how expectations surrounding AI are translating into concrete energy investments. However, nuclear development comes with high costs, lengthy preparation and issues concerning waste and safety that growing demand for electricity will not eliminate.

A cup of coffee or a bar of chocolate are among the small pleasures for which customers are paying increasingly close attention to the price. However, how much they pay is also determined on Brazilian plantations or in the cocoa-growing regions of West Africa. Weather, stock availability and the timing of deliveries can move prices on the exchange. Chocolate manufacturers, roasters and cafés themselves ultimately pass the pressure from crop producers directly on to customers, as illustrated, for example, by the outlooks of Nestlé and Lindt.