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Are Stablecoins Making XRP Unnecessary?
24/7 Wall St.2d agoneutral
Are Stablecoins Making XRP Unnecessary?

Ripple closed ten major deals in 2026 and not one of them settled in XRP, which raises a question the coin's supporters have struggled to answer about what the token actually does now.

Wall Street sends strong signal to Nvidia stock investors
TheStreet2d agoneutral
Wall Street sends strong signal to Nvidia stock investors

Nvidia CEO Jensen Huang has spent years telling investors his chips are indispensable to the future of computing. On Aug. 10, he tried something bolder, convincing some of the most powerful money managers on Wall Street to treat those same chips like an entirely new kind of investment. One that ...

Nvidia and Broadcom Deepen AI Financing Push — But Wolfe Sees Long-Term Risks
Insider Monkey2d agoneutral
Nvidia and Broadcom Deepen AI Financing Push — But Wolfe Sees Long-Term Risks

NVIDIA Corporation (NASDAQ:NVDA) and Broadcom Inc. (NASDAQ:AVGO), two of the world’s largest chipmakers, are tapping debt and private capital markets to fund the AI infrastructure boom. These massive financial commitments coming from some of the biggest names in the market signal exceptionally-strong AI compute demand. However, one Wall Street firm, Wolfe Research, believes the same […]

Nvidia-Backed AI Infrastructure Financing Push Could Be A Game Changer For BlackRock (BLK)
Simply Wall St.2d agoneutral
Nvidia-Backed AI Infrastructure Financing Push Could Be A Game Changer For BlackRock (BLK)

Nvidia and a group of major financial firms, including BlackRock, Apollo, Blackstone, Brookfield, Goldman Sachs and KKR, recently signed memorandums of understanding to mobilize over US$500 billion of third-party capital for AI infrastructure, reframing data centers and compute hardware as long-life assets financed through dedicated platforms rather than Nvidia’s balance sheet. This positions BlackRock not only as an asset manager but also as a central architect of an emerging AI...

Securitize Posts Loss in First Earnings Report After NYSE Debut
The Wall Street Journal3d agoneutral
Securitize Posts Loss in First Earnings Report After NYSE Debut

Securitize, the BlackRock-backed tokenization firm, said its second-quarter losses widened from a year ago, hit by a sharp downturn in the broader crypto market. Quarterly revenue fell 5% to $14.4 million from $15.3 million in the year-ago period. It made its public debut on the New York Stock Exchange last month after merging with a special-purpose acquisition company sponsored by Cantor Fitzgerald.