BlackRock ( NYSE: BLK) was one of the biggest investors in the $27B private debt raised to build Meta Platforms' giant data ...
Meta and Blue Owl, the private-credit firm, raised $27 billion to finance the buildout of a Louisiana data center.
BlackRock invested over $3B in Meta’s $27B Hyperion data center financing, the largest private-debt deal ever. The A+ rated ...
AI gold rush burns through even more cash BlackRock has thrown billions into Meta’s latest AI adventure, backing a massive ...
Pimco is already reaping big rewards from its role in financing Meta Platforms’ massive data center in Louisiana. The company has racked up roughly $2 billion in paper profits on a $27 billion debt ...
U.S. and world stocks rose on Thursday, boosted by a cooling in U.S.-China trade tensions, while oil prices rocketed 5% after ...
Could U.S. stock market leadership finally broaden beyond the U.S. tech megacaps? Early signs from the third quarter earnings ...
In a similar vein, Jeff Schulze, head of strategy at ClearBridge Investments, estimates that the earnings growth gap between ...
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Summary: AI giants including Meta, Microsoft, Amazon, and Oracle recently announced a $40 billion deal that will help them ...
Data centre start-up Crusoe has raised $1.4bn, more than tripling its valuation to over $10bn in one year, as investors pile ...