Over $30 billion! Microsoft and BlackRock establish an AI infrastructure investment fund with support from NVIDIA.
BlackRock and Microsoft announced that the two companies plan to launch a fund of over $30 billion to invest in artificial intelligence infrastructure, to build data centers and energy projects. Global Infrastructure Partners (GIP) and Abu Dhabi-backed investment firm MGX have also become partners of the fund, with artificial intelligence chip company Nvidia providing expertise support.
Futu Morning News | Rate cut countdown! US stocks continue to break records; Bank of America: Long the seven giants of US stocks is still the most crowded trade.
"New美联储通讯社": The situation is complex, and there are still doubts about the magnitude of the Fed's first rate cut; if the Fed's first cut is done "properly", the record-breaking betting on a significant rate cut may face huge risks; Apple's iPhone 16 series pre-order sales in the first weekend fell short of expectations, analysts: the long-term outlook remains optimistic.
To support the crypto world, the Trump family has appeared to endorse a cryptos project, in which 60% of the tokens will be available for public purchase.
Decentralized Finance (DeFi) project World Liberty Financial will become a banking platform for cryptos, with 20% of the project's tokens allocated to the founding team including the Trump family, 17% of the tokens reserved for user rewards, and the remaining 63% available for public purchase, with no token pre-sale.
US stocks closed | S&P and Dow set new intraday highs, Chinese concept stocks performed well, li auto inc rose more than 12%.
In the late trading session, the US stock market saw a significant decline, but the S&P 500 index rose for the seventh consecutive day, and the Nasdaq and semiconductor index erased gains of more than 1%, with Intel rising 8% and closing up 2.7%, while Nvidia declined 1%. The Chinese concept index rose nearly 2%, and Li Auto Inc. rose more than 12%.
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As Fed Gears Up For Cuts, One Hedge Funder Is Focused On A Bigger Catalyst: Japan's Central Bank
U.S. stocks close: Fed rate cut enters countdown, S&P and Dow hit new intraday highs.
①China concept stocks rise across the board, NASDAQ China Golden Dragon Index rises by 1.83%; ②BlackRock and Microsoft plan to establish a $30 billion fund; ③Morgan Stanley negotiates with Apple, hoping to take over its credit card business; ④Musk's brain-machine company: "Blindsight" receives breakthrough medical device certification from the FDA.
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Morgan Stanley Maintains Overweight on Microsoft, Maintains $506 Price Target
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Elon Musk Post On X, "SpaceX Will Be Filing Suit Against the FAA for Regulatory Overreach"
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