Latin America's biggest digital bank, Nu Holdings (NYSE:NU), publishes results on 13 August, and the setup is unusually awkward for a company still compounding at this speed. Consensus sits at about $5.47 billion of revenue, up roughly 49% year over year, andEarningsof $0.19 a …
Look at the list of firms Nvidia named on 10 August and the odd one out is obvious. Apollo, Blackstone, Brookfield and KKR are privateCapitalhouses. BlackRock is an asset manager with an infrastructure arm attached. Goldman Sachs (NYSE:GS) is an underwriter and a distributor, …
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, …