Banks, asset managers, payments networks, insurers, fintech, crypto-linked companies, and the capital markets around them.
In a market outlook tied to the Russell-style risk of continued equity weakness, Morgan Stanley’s chief U.S. equity strategist Michael Wilson argues that the market’s multi-month decline may be approaching a turning point.
THE APEX TIMES
THE APEX TIMES
As AI spending shifts from chips to sustained compute supply, BlackRock is aligning with Nvidia and other financiers to back infrastructure financing platforms aimed at topping $500 billion.
THE APEX TIMES
New third-quarter figures from BlackRock, including revenue of $7,752 million and net income of $1,659 million, are giving investors fresh material for valuation arguments even as the market weighs what “earnings strength” means for future profitability.
THE APEX TIMES
Berkshire agreed to purchase 10 million newly issued Bending Spoons shares at $33 each on Oct. 14, a move reported to have pushed the company’s holding to about 4% and boosted BSP shares sharply.
THE APEX TIMES
In comments reported by Yahoo Finance, Fink said $40 trillion in U.S. national debt would be less consequential if artificial intelligence investment supports 3% or higher GDP growth.
THE APEX TIMES
Ondo Finance said its tokenized US dollar yield product, the Ondo US Dollar Yield token (USDY), has surpassed BlackRock’s BUIDL in size. Even as the on-chain product gains scale, the ONDO cryptocurrency has reportedly fallen over the past week.
THE APEX TIMES
A recent market recap put Berkshire Hathaway’s Class B shares at a 10.56% gain over the prior six months, trailing broad benchmarks that several billionaire-tracking and index measures reported at roughly mid-teens to low-20% levels as of mid-October.
THE APEX TIMES
A sharp one-week drop tied to BlackRock’s bitcoin exchange-traded product has some market watchers wondering whether enthusiasm is fading after a recent price rally. The bigger story may be the usual churn of crypto markets rather than a lasting retrenchment.
THE APEX TIMES
A market report cited by Yahoo Finance says Berkshire Hathaway CEO Greg Abel is spearheading a “huge” investment in Bending Spoons, underscoring Berkshire’s continued interest in technology-driven consumer platforms.
