Investment News
5h
T. Rowe Price to Acquire $19 B Fixed-Income ETF Specialist as Santander Closes Webster Deal
- T. Rowe Price is set to buy F/m Investments, adding $19 billion in fixed-income ETF and SMA capabilities, while Santander completes its Webster Financial acquisition via €3.56 billion share issuance.
1d
Databricks Raises $5 B at $190 B Valuation as Ripple Prime Secures $275 M Notes Offering
Databricks secures a massive $5 billion strategic round at a $190 billion valuation, while Ripple Prime closes a $275 million senior notes placement to boost its U.S. prime brokerage expansion.
2d
Broadcom Eyes Up to $100 Billion AI‑Chip Financing as NVIDIA Taps $500 Billion in Institutional Capital for AI Infrastructure
Broadcom is in talks to line up up to $100 billion in debt to finance AI‑chip infrastructure for Anthropic and others, while NVIDIA has secured memorandums to mobilize over $500 billion from major institutions to back AI “factories.”
2d
SpaceX Finalizes $60 B Acquisition of AI Startup Cursor; CPP Investments Raises Takeover Bid for ReNew Energy
Elon Musk’s SpaceX has completed a $60 billion all‑stock acquisition of AI coding startup Cursor, while CPP Investments ups its takeover offer for ReNew Energy to $7.02/share, valuing it near $2.8 billion.
5d
Nvidia Sees Massive $25 Billion Profit From Intel Investment, Expands Influence with $21 Billion SpaceX Stake
Nvidia Corporation has demonstrated remarkable financial acumen through its recent investment activities. A recent SEC filing reveals that the company transformed a $5 billion investment in Intel stock into nearly $30 billion, achieving a $25 billion profit. Additionally, Nvidia disclosed a new $21 billion stake in SpaceX, underscoring its commitment to strategic partnerships in the technology sector.
