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Meta is making one of the boldest capital raises in recent memory, announcing plans to bring in up to ninety-five billion dollars through stock sales to fund its artificial intelligence buildout. The offering combines roughly thirty-five billion in equity issuances, including twenty-two and a half billion in Class A shares, alongside a sixty-billion-dollar at-the-market program in new nonvoting Class C shares. It is a signal that Zuckerberg is betting the entire balance sheet on AI infrastructure.
Shifting to geopolitics, President Trump says he will soon decide whether to pursue a diplomatic deal with Iran or, in his words, finish it off. The comments come as tensions across the Middle East continue to escalate, and markets are watching closely given what renewed military action could mean for oil prices and broader risk sentiment.
Meanwhile, Apollo Global Management is deepening its footprint in the Gulf, agreeing to acquire a stake of nearly ten percent in Mubadala Capital, the alternative asset arm of Abu Dhabi's sovereign wealth vehicle. The deal underscores how American private equity continues to court sovereign capital in what the industry now openly calls the capital of capital.
That's the tape. Markets Desk, signing off the floor.
