Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is partnering with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build financing platforms aimed at mobilizing more than $500 billion in third-party capital for AI infrastructure. The agreements, structured as memorandums of understanding, are designed to let outside investors fund the buildout of data centers, power and other AI infrastructure without adding directly to Nvidia's balance sheet.
As BlackRock Inc. (NYSE: BLK) cryptocurrency portfolio increased by over $3.7 billion since early July to date, on-chain data suggests its investors could potentially be rotating capital from Bitcoin (BTC) to its altcoin fund.
BlackRock, Ameriprise, and Invesco have been highlighted in this Industry Outlook article.
BlackRock says it is expanding its cash management strategy with two new tokenized money market products. The new offerings are dubbed OnChain Shares of the BlackRock Select Treasury Based Liquidity Fund (BSTBL) and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), the investment management giant said in a Monday (Aug. 3) news release.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does BlackRock (BLK) have what it takes?
Investors tracking the artificial intelligence (AI) boom are rapidly realizing that building the future requires staggering amounts of physical capital. The underlying infrastructure of the digital economy requires steel, concrete, and gigawatts of electricity.
July has dealt Wall Street a turbulent hand. US stocks have drifted lower this month, hampered by persistent geopolitical risks, rising crude oil prices, and mounting anxiety over rising AI capex.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) and BlackRock Inc (NYSE:BLK) have formed a joint venture to develop and operate a large-scale artificial intelligence data center campus in El Paso, Texas, as Meta looks to expand the infrastructure supporting its AI ambitions. The venture will develop and own the data center campus, which is currently under construction and is expected to provide 1 gigawatt of compute capacity when it begins coming online in 2028.
BlackRock Inc. (NYSE: BLK) has seen its crypto portfolio surge by nearly $5 billion so far in July.
The iShares Systematic Alternatives Active ETF (NASDAQ:IALT) is BlackRock's attempt to shove a hedge fund into a ticker symbol, and the reception has been enthusiastic.
Meta will report its second quarter earnings after the bell on Wednesday. The company's shares dropped about 10%, erasing about $175 billion from its market capitalization in a single day, after a first quarter earnings report included a higher 2026 capital expenditure forecast than previously estimated.
Gold's inability to hold gains above $4,100 an ounce continues to highlight near-term downside risks. However, an expert at the world's largest asset manager continues to recommend investors maintain some exposure to the precious metal.