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Blackstone Looks to Sell $2 Billion of Fund Stakes, FT Says

Blackstone Inc. signage on the floor of the New York Stock Exchange. Photographer: Michael Nagle/Bloomberg

Bloomberg Markets 2d ago

Silicon Valley’s new buyout playbook is hitting Wall Street

Venture capital is buying its way into the artificial intelligence transformation that enterprise software hasn't delivered. Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside. The bet puts VCs on offense and leaves traditional private equity, which spent the last cycle buying enterprise software at peak prices, on defense.

CNBC 2d ago

Global week ahead: Soccer isn't the only thing that's kicking off

There is a special type of fever around a men's soccer World Cup. And the 2026 edition of the tournament is causing even more excitement, with 48 teams instead of the usual 32, and three host nations instead of the usual one. Matches will stretch from Vancouver to Mexico City from June 11 to July 19, marking the first time the games are being hosted in North America since 1994.

CNBC 3d ago

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up June 9 : Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom's custom chips and networking solutions as part of a tie-up between the asset managers and the chipmaker. The initial commitment will expand the Claude Code creator's AI computing capacity by one gigawatt, the companies said on Tuesday. One gigawatt is enough to power about 750,000...

Channel News Asia 1d ago

Jim Cramer says Thursday's rally shows investors' 'huge appetite' for stocks

CNBC's Jim Cramer said Thursday's rally showed investors remain resilient and eager to buy stocks. "This market has a huge appetite," the "Mad Money" host said. "One that could shrug off a bear…and still be hungry for more."

CNBC 5d ago

Jim Cramer's top 10 things to watch in the stock market Monday

My top 10 things to watch Monday, June 8 1. The S & P 500 and Nasdaq are headed for higher opens as chipmakers rebounded following Friday's brutal selloff . Club holdings Nvidia and Broadcom are jumping nearly 2.5% and 3.3%, respectively.

CNBC 2d ago

PM Modi welcomes AirTrunk's Rs 3 lakh crore investment plan in India

Prime Minister Narendra Modi on Friday welcomed Blackstone-backed AirTrunk's proposed investment programme of Rs 3 lakh crore in India by 2030 to expand digital infrastructure capacity, signalling one of the country's largest proposed investments in data centres, cloud computing and artificial intelligence (AI) infrastructure. He said that the investment plan reflected the growing strength of India's digital infrastructure ecosystem. In a post on X, PM Modi wrote: "India's digital...

Times of India 5d ago

Mutation-dependent responses to sleep and exercise in clonal haematopoiesis

Abstract Clonal haematopoiesis (CH) activates inflammation and increases the risk of atherosclerosis1,2. Whether lifestyle alters CH clone expansion or the phenotypic programming of CH mutant cells, thereby affecting atherosclerosis, is unknown. Here, in humans and mice and across mutations in Jak2, Tet2, Trp53 and Dnmt3a, we demonstrate mutation-dependent responses to sleep and exercise in CH and show that mutant cells are uniquely sensitive to lifestyle.

Nature 18h ago

Why we're raising our price target on Broadcom despite its post-earnings sell-off

Broadcom posted strong quarterly results after the bell on Wednesday, but didn't provide enough upside to its guidance to move the stock higher. Revenue in the fiscal second quarter of 2026, which ended May 3rd, was $22.19 billion, a slight miss versus the $22.27 billion consensus forecast, according to estimates compiled by LSEG. On an annual basis, revenue rose 48%.

CNBC 6d ago