Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

DARK SECRETS: 2 | Vintage Vibes

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, ⁠Brookfield, Goldman Sachs and KKR for the financing platforms. Nvidia CEO Jensen Huang said on ‌X that the ⁠company ⁠has the option to backstop up to $125 billion, or 25% of the potential deals.

The Economic Times

Nvidia Lines Up $500 Billion AI Financing Push As CEO Jensen Huang Says Chips Are Now an 'Investable Asset'

Nvidia has signed memorandums of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to create financing platforms for Nvidia customers.

International Business Times

Nvidia AI Chips Are Now an Asset Class. BlackRock CEO Larry Fink Just Compared Them to Mortgage-Backed Securities.

Is Wall Street headed toward another MBS-style financial crisis, this time built on AI chips instead of bundled home loans?

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Nvidia Triggers Trillion-Dollar Bubble Fears After Wall Street Hands Firm Five-Hundred Billion

Nvidia collaborates with top financial firms to mobilise $500bn for AI infrastructure, aiming to transform AI computing into a sustainable asset.

International Business Times UK

Nvidia links with Wall Street firms for $500bn AI financing deal

Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure

The Guardian - UK

Forget gold and stocks: Nvidia CEO Jensen Huang aims to make chips an investable asset, lines up $500 bn in financing

Nvidia CEO Jensen Huang said AI compute is emerging as a new investable asset class as the chipmaker partners with six major financial firms to establish financing platforms. The initiative aims to mobilise over $500 billion in third-party capital for AI infrastructure, as Nvidia seeks to position compute capacity as…

The Economic Times

At a Conference Where CEOs Manage $15 Trillion, Michael Milken Did the Math Out Loud: A Single $10,800 Deposit Becomes $1 Million — But Only if You Hit 1 Number

Compound interest is still king and the real key to wealth, but maintaining a consistent rate of return is much harder said than done in reality.

Barchart

Read news from The Economist, FT, and more,
with one subscription

BlackRock Offloads $523 Million in Loans to Rescue Troubled Private Credit Fund

BlackRock TCP Capital Corp. (NASDAQ:TCPC) is selling a $523 million portfolio of private credit investments to shore up its balance sheet, reduce leverage and regain flexibility after mounting pressure on its publicly traded lending vehicle.

Benzinga

Blueprint for a Banking Fortress: Circle Redraws the Map

Circle secured new banking charters and IBM patents while USDC volume rose 151% year over year, even as Q2 earnings missed estimates amid heavy spending on its Arc blockchain launch.

MarketBeat

Stock Market Today: Dow Futures Gain, Nasdaq 100 Tumbles as Hormuz Deal Talks Progress—SpaceX, SanDisk, Applovin in Focus (UPDATED)

(Editor’s note: The ETFs data was updated and economic data was added.)

Benzinga

5 Tips to Help You Prepare Your Portfolio for Midterm Elections

Midterm election season is a good time to see if your risk tolerance and long-term objectives are still aligned, not to make big changes to your portfolio.

Kiplinger

NFO Alert: Jio-BlackRock enters India's ETF market with Nifty50 fund

JioBlackRock Mutual Fund has launched its first exchange-traded fund, the JioBlackRock Nifty 50 ETF, marking its entry into India's fast-growing ETF market. The NFO is open until August 11. The passive fund will track the Nifty50 Index, offering investors exposure to India's 50 largest listed companies through a single investment…

The Economic Times

Nvidia CEO Predicts a Massive AI Infrastructure Boom. Skilled Trade Workers Could See Six Figure Opportunities.

The rapid construction of data centers, semiconductor facilities, and AI factories is already reshaping labor demand, with companies competing for workers capable of building and maintaining these highly specialized facilities.

International Business Times

Jensen Huang's Construction Careers Forecast: Nvidia CEO Predicts Six-Figure AI Infrastructure Jobs

Nvidia CEO Jensen Huang says the AI boom will fuel a surge in high-paying construction and trade jobs, even as other executives warn of a deepening skills gap.

International Business Times UK

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

Nvidia's CEO says ‘a lot’ of six-figure jobs in plumbing and construction will be unlocked because someone needs to build new AI data centers

The AI boom is threatening white-collar, entry-level jobs—but the Nvidia CEO says it's creating a six-figure opportunity for electricians and construction workers.

Barchart

Why BlackRock Is Betting Big on Ondas Stock Now

BlackRock’s latest stake in Ondas has renewed optimism around the defense tech stock. So what is behind the growing interest?

Fortune

'No one is close': BlackRock’s Larry Fink warns Americans have saved egregiously less than they need for retirement

Many Americans have less than $150,000 saved for retirement.

MarketBeat

Meta’s AI Spending Problem Just Found a BlackRock Solution

Meta Platforms shifted an El Paso data center into an 80/20 joint venture with BlackRock, using a $12.3 billion bond sale to offload CapEx risk while retaining compute capacity through a long-term lease.

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times UK

Meta Pays 7.5% on $12.5 Billion Data Centre Debt to Keep Its AI Dream Alive

Meta and BlackRock are transforming AI infrastructure with a $12.5B Texas data centre. Explore their off-balance-sheet financing and its implications amid rising costs and investor caution.

The Economic Times

Beyond Bitcoin: Crypto trends investors should watch over the next 6 months

CoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural value is forming across stablecoin payment rails, real-world asset tokenisation led by institutions like BlackRock, and emerging AI agentic commerce infrastructure.

The Economic Times

Meta, BlackRock partner on $14 billion El Paso data center

Meta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own eighty percent of the venture, and Meta retains twenty percent. This significant investment fuels the global race to build essential artificial intelligence infrastructure. Meta plans to invest six hundred billion…

Benzinga

BlackRock’s Nasdaq ETF Challenger Is Growing — But QQQ Still Pulls 300× More Inflows

BlackRock’s attempt to challenge Invesco’s dominance in the Nasdaq-100 ETF market is showing early signs of traction, but the asset manager still has a long way to go before it dents the grip of the $453 billion Invesco QQQ Trust (NASDAQ:QQQ).

Fortune

Despite nearing their 60s, nearly four in 10 Americans heading towards the end of their careers don’t even have a retirement account

Around four in 10 U.S. Gen Xers, and even some baby boomers, haven’t saved for retirement—as current retirees who didn’t save enough endure a “nightmare.”

International Business Times

The U.S. Banking System Is Being Re-Plumbed for Digital Assets. The Hard Part Isn't Crypto

The Depository Trust & Clearing Corporation (DTCC), the back office that settles most U.S. securities trades, plans to start trading tokenized stocks, ETFs, and treasuries this month, with a broader launch in October.

Kiplinger

A Guide to Today's Target-Date Funds

Use our guide to help you choose among these popular retirement-saving options.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations