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Market Today: Goldman Sachs Lands $70B Asset Win; Meta, OpenAI Launch AI Upgrades
GuruFocus· 2026-07-09 22:00
This is Guru Focus Market Today, your afternoon market brief for Thursday, July 9. Here's where things stand. Goldman Sachs has secured $70 billion in new retirement asset management mandates from Verizon and Loheed Martin, marking one of the largest recent wins in the sector.The deals significantly expand Goldman's institutional asset management business and highlight ongoing competition among major banks for large-scale retirement assets. Turning now to the broader markets, global stocks rebounded as oil ...
Meta's Biggest AI Mistake Which Killed Their Pipeline
Alex Kantrowitz· 2026-07-09 21:40
When we were playing Llama 3 together, we had really pulled in all the research and unwittingly kind of killed the pipeline. So researchers, you know, the way that it works is you build a a base and you've got people pioneering an incremental version of the base and you got people out there pathf finding entirely new strategies. When it came time for Llama 4, we didn't have any of the pathf finding the other labs still had going.So that makes you now now you're behind on reasoning. Uh now you're behind on m ...
Significant slowdown in AI payoff could tip economy into a recession, says Apollo Global's Slok
CNBC Television· 2026-07-09 21:39
SORT OF PREDICATED IS THAT WHAT IS THAT GAME WHERE YOU PULL THE LOGS OUT, JENGA OR SOMETHING, AND THEN YOU YELL LIKE JENGA, LIKE A JERK. >> DO YOU YELL THAT. >> OR YOU JUST.I DON'T DO THAT. BUT YOU UNDERSTAND WHAT I'M SAYING. >> YEAH.GOT IT. OUR NEXT GUEST WARNS THAT A SIGNIFICANT SLOWDOWN IN THE PAYOFF OF AI COULD TIP THE ECONOMY INTO RECESSION. APOLLO CHIEF ECONOMIST AND PARTNER TORSTEN SLACK JOINS US WITH MORE. TORSTEN, GREAT TO HAVE YOU WITH US.SO YOU'RE BASICALLY ASKING THE QUESTION, WHAT IF IT TAKES L ...
Chipmakers Boost Stocks, Meta Explores Cloud Business | Bloomberg Businessweek Daily 7/9/2026
Bloomberg Television· 2026-07-09 21:08
This is Bloomberg Businessweek daily reporting from the magazine that helps global leaders stay ahead with insight on the people, companies, and trends shaping today's complex economy, plus global business, finance and tech news as it happens. Bloomberg Businessweek daily with Carol Massar and Tim Stenbeck live on Bloomberg Radio, Television and Bloomberg Originals. And a very good afternoon, everybody.Yes, indeed we are across Bloomberg platforms, Bloomberg Businessweek, daily Carol Massar and Lisa Mateo. ...
Chipmakers Boost Stocks as Oil Declines | Closing Bell
Bloomberg Television· 2026-07-09 20:39
And right now we are two minutes away from the end of the training day. Romaine Bostick alongside Katie Gravelle taking you through to that closing bell. It's a global simulcast.Carol Massar joins us in the radio booth. Lisa Mateo in today for Tim Stenbeck. Welcome to our audiences across all of our Bloomberg platforms, television and radio.Our partnership with YouTube. A big turn around here on this Thursday for all of the major U.S. equity markets. Yeah, look at that.We're hovering near our highs of the s ...
X @Bitcoin Magazine
Bitcoin Magazine· 2026-07-09 20:37
WATCH - @Strive CEO @ColeMacro : Bitcoin Treasury Consolidation and the Future of Digital CreditMatt Cole sits down with @isabellasg3 at @thebitcoinconf to talk all things digital credit, the mechanics behind Strive's $SATA, and the Bitcoin hurdle rate thesis.Chapters:02:20: How Bitcoin Treasury Companies Grow05:11: Red Flags Inside the Fed08:08: "Bitcoin Is the Hurdle Rate"10:19: Why Meta & Mark Zuckerberg Need Bitcoin13:37: Will Public Companies Hold Bitcoin Next Year15:15: What Happens If Bitcoin Hits $1 ...
Market Close: Stocks Gain, Iran Tensions Ease; Home Prices Set Record • 7/9/26TITLE
CNBC Television· 2026-07-09 20:28
[music] >> I'm Jessica Ettinger. CNBC Wall Street opens Friday morning after a winning day for stocks. The AI trade gained steam while Iran tensions cooled.For many investors, the Dow was up 139 points. Cisco shares led it higher. They were up almost 4%.The S&P 500 index up 60 points. That was 8/10 of a percent. The Nasdaq was up 336 points.That was 1.3%. Chipmaker shares for the most part all higher. AMD up 5%, Micron up 4%.Nvidia was in the red, down a half a percent. The Carson Group's Ryan Detrick tells ...
X @TechCrunch
TechCrunch· 2026-07-09 19:41
Meta enters the crowded AI coding battle with Muse Spark 1.1 https://t.co/3kL6fFO2Gw ...
SK Hynix US Listing Demand Soars | Bloomberg Tech 7/09/2026
Bloomberg Technology· 2026-07-09 18:17
>> "BLOOMBERG TECH," LIVE FROM THE HEART OF SILICON VALLEY, WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." SK HYNIX, WAY OVERSUBSCRIBED, BUYING THEM FOR THEIR BIGGEST EVER FOREIGN SALE IN AMERICA. MICRON BOOST SPENDING ON NEW AMERICAN PLANTS TO $250 BILLION, SURGING MEMORY DEMAND, WITH META-UNVEILING ITS LAYERS -- LATEST AI MODEL, TALKING UP ITS APOLOGETIC CAPABILITIES AGAINST GEMINI.MARK ZUCKERBERG TELLS US WHY. SEMI CONDUCTORS AND MEMORY CHIPS CONTINUE TO DOMINATE THE NEWS CYCLE AND MARKET ...
X @Bloomberg
Bloomberg· 2026-07-09 18:15
Meta needs all the computing power it can get, CEO Mark Zuckerberg said, but he’s also considering whether some of Meta’s AI infrastructure could be more valuable if rented to outsiders. https://t.co/FNt7iiVt8L ...