BlackRock (NYSE:BLK) spent most of its history being known for something cheap and liquid: exchange-traded funds. Its latest move is about the opposite kind of asset, long-dated, illiquid, capital-hungry and increasingly central to how the AI buildout gets paid for.
Long before anyone described compute as an asset class, Blackstone (NYSE:BX) was quietly assembling the physical layer beneath it. The firm took QTS Realty Trust private in a $10 billion deal in 2021, then added Sydney-based AirTrunk alongside the Canada Pension PlanInvestmentBoard for roughly …
Nvidia said on 10 August that it had signed memorandums of understanding with Apollo (NYSE:APO), BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build what it called the first compute financing platforms of their kind at global scale. The stated ambition is to gather …
Barings Private Credit Corp has sold around $101.5 million worth of its common stock as part of a strategic move to enhance its capital position. This significant financial maneuver indicates a strong interest from participating investors in the company’s growth potential. The number of …
CME Group (NASDAQ:CME) and Silicon Data announced plans to launch two compute futures contracts on October 5, pending regulatory review, creating a new way for companies to hedge the cost of the computing power used to train and run artificial intelligence models. The contracts, …
The UK banking sector is facing scrutiny from lawmakers following the revelation that banks are blocking approximately 40% of transfers to crypto exchanges. Concerns arise as limited access to banking services could inhibit the growth of digital asset businesses in the UK and challenge …
The Reserve Bank of Australia's decision to maintain its cash rate at 4.35% highlights a cautious approach amid evolving economic conditions. This is the second consecutive meeting where rates have remained unchanged, reflecting ongoing concerns regardingInflationthat have led to significant rate increases this year. …
StoneX Group Inc. (NASDAQ: SNEX) reported net operating revenues of $719.7 million for the third quarter ended June 30, 2026, reflecting a strong 47% increase from the prior year. However, the earnings per share (EPS) of $1.00 fell short of the $1.11 consensus estimate, …
TON Strategy Company generated $15 million in stakingRevenuefor Q2 2026, a significant increase fueled by network upgrades. Investors should note that inherited legacy cost cuts are expected to remove $4 million from annual operating expenses, enhancing profitability.Key HighlightsTON Strategy Company (NASDAQ: TONX) reported $15 …
Vestis Corp reported $661.7 million inRevenuefor the fiscal third quarter, surpassing the prior year by 12%. The company also increased its FreeCash Flowoutlook by $30 million, or 22%, signaling improved profitability and cash generation to support future investments.Key HighlightsThis contraction was associated with a …