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BlackRock Inks Union Pact to Support Data Center Boom
The Wall Street Journal2d agoneutral
BlackRock Inks Union Pact to Support Data Center Boom

Investment firms are looking to new kinds of partnerships as the historic data-center construction boom strains resources, including labor. BlackRock and its new AI infrastructure fund have signed an agreement with North America’s Building Trades Unions, which represents more than 3 million skilled construction workers in the U.S. and Canada. Under the pact, BlackRock and its AI infrastructure fund partners—which include Microsoft and Nvidia—will share early details of their construction plans with NABTU to better staff future projects.

Bitcoin News Today: BlackRock IBIT Drives Five-Day BTC ETF Inflow Streak
99bitcoins2d agoneutral
Bitcoin News Today: BlackRock IBIT Drives Five-Day BTC ETF Inflow Streak

In Thailand crypto news today, the Southeast Asian nation has adopted a 0% personal income tax rate on capital gains from cryptocurrency trades conducted through Securities and Exchange Commission of Thailand-licensed exchanges, brokers, and dealers. Published in the Royal Gazette under Ministerial Regulation No. 399, the exemption applies to qualifying ...

Investing.com2d agoneutral
Meta shares rise on Muse Glimmer launch and a radical AI vision

Investing.com -- Meta’s stock popped 2.4% this morning following the launch of Muse Glimmer, a highly efficient, 30-billion-parameter AI model capable of running on a single GPU. Positioned as a lightweight, distilled version of the more powerful Muse Spark 1.2, Glimmer is tailor-made for "agent-like" tasks—think schedule management, rapid prototyping, and file organization. By releasing the model weights for free on Hugging Face, Meta is directly countering the permissive licensing strategies o

3 Market-Beating Stocks for Long-Term Investors
StockStory2d agobullish
3 Market-Beating Stocks for Long-Term Investors

Stocks that outperform the market usually share key traits such as rising sales, expanding margins, and increasing returns on capital. The select few that can do all three for many years are often the ones that make you life-changing money.

Taiwan Semiconductor Manufacturing (TSM) Shares Gain Attention After Ark Adds To Position
Simply Wall St.2d agoneutral
Taiwan Semiconductor Manufacturing (TSM) Shares Gain Attention After Ark Adds To Position

Ark Invest increased its position in Taiwan Semiconductor Manufacturing (NYSE: TSM) after Meta shared updated AI focused capital expenditure plans. The move follows Meta guidance that points to higher investment in AI infrastructure to support its platforms. TSMC is a key contract manufacturer for advanced chips used in AI data centers and related hardware. The position change draws attention to how large funds are repositioning around potential AI infrastructure demand. This type of...

Is Texas Pacific Land (TPL) Overvalued, Or Is Its Price Justified?
Simply Wall St.2d agoneutral
Is Texas Pacific Land (TPL) Overvalued, Or Is Its Price Justified?

Texas Pacific Land stock has delivered a strong 124.7% total return over the past five years, yet the current checks suggest the shares now lean expensive rather than like a clear bargain. After that run, the question for investors is whether the present valuation still leaves enough room for comfort. Texas Pacific Land's 124.7% return over five years underlines how much value the market has already priced into the story. Future cash flow growth from its land and royalty assets can support...

Intel launches $15 billion share sale as turnaround rally lifts stock
Reuters2d agobullish
Intel launches $15 billion share sale as turnaround rally lifts stock

Intel is planning to raise $15 billion through a share ‌sale, the U.S. chipmaker said ‌on Monday as it looks to fund the ​costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its turnaround efforts. Once ‌the dominant ⁠force in the global chip industry, Intel is investing heavily in ⁠new facilities and advanced packaging capabilities as it seeks to challenge industry ​leader such ​as TSMC in ​contract chip manufacturing. Its ‌shares fell more than 3% in premarket trading, likely on concerns about shareholder dilution from the stock sale.