BlackRock's Larry Fink warns a data center moratorium could trigger a recession. The AI buildout is now big enough that halting it is a macro event, not a tech story. That tells you how much capex is

What happened: BlackRock's Larry Fink warned that a moratorium on data center construction could trigger a recession. Local opposition to data center construction has been a feature of the midterm elections set for Tuesday, Nov. 3. Why it matters: Fink's warning ties the data center buildout to broader economic risk, as local opposition becomes an election issue. Key numbers: Midterm elections set for Tuesday, Nov. 3.

BlackRock's Larry Fink warned that a moratorium on data center construction could trigger a recession. Local opposition to data center construction has been a feature of the midterm elections set for Tuesday, Nov. 3.

Fink's warning ties the data center buildout to broader economic risk, as local opposition becomes an election issue. Key numbers: Midterm elections set for Tuesday, Nov. 3.