Good morning, you're tuned in to Markets Desk, let's get you caught up on the stories moving the needle today.
NVIDIA is making a major play in AI infrastructure, announcing strategic partnerships with some of the heaviest hitters in global finance — Apollo, BlackRock, Blackstone, Brookfield, and Goldman Sachs — to build out independent compute financing platforms targeting more than five hundred billion dollars in deployment. This signals that the capital markets are now fully committed to funding the physical backbone of the AI buildout, and NVIDIA sits at the center of that architecture.
Pivoting to Big Tech, Meta is leaning hard into open-source AI with the launch of its newest model family, alongside a sixty-five hundred word essay from Mark Zuckerberg framing the debate as an American competitiveness issue against Chinese rivals. Zuckerberg is explicitly challenging the closed-model approach of OpenAI and Anthropic, positioning Meta's strategy as both ideological and commercial.
And in private markets, SpaceX shares have climbed back above their secondary market IPO price for the first time in nearly a month. The stock had been under pressure but has been recovering steadily, though it remains well off its recent highs as investor appetite for the private space giant continues to be tested.
That's the tape. Markets Desk, signing off the floor.
