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Nvidia is attempting to turn its artificial intelligence chips into Wall Street’s newest asset class, partnering with six large asset managers on a $500 billion financing push designed to treat compute infrastructure much like commercial real estate, toll roads or other assets you can borrow against.The chipmaker signed memorandums of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to establish financing platforms for Nvidia’s customers, the company said Monday in a statement.Executives from the seven companies joined CNBC’s Becky Quick in a rare live joint interview to discuss the effort.The effort aims to mobilize…

Retail investors were in a buoyant mood early in the summer as new figures show they poured £3.8 billion into investment funds during June, the highest monthly total since August 2021.The data from The Investment Association (IA) – an industry body representing the UK’s investment managers – showed that retail investors allocated £12.3 billion into funds during the first six months of the year.June’s positive fund flows marked the eighth consecutive month of net fund inflows. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from. Start your trial Sign up…

A luxury pleasure boat is showcased during the Singapore Yachting Festival on the city-state’s Sentosa Island in April. (Photo by Dylan Loh)ASEAN MoneyOwners, industry players seek ‘safer’ harbors in Southeast Asia amid US-Iran warDYLAN LOHAugust 11, 2026 06:00 JST

Coming home to find some of your belongings have been stolen can quickly turn an ordinary day into a stressful, emotional, and financially draining experience. Fortunately, renters insurance typically covers theft, helping to replace items stolen from your home, up to your policy limits. However, not every theft-related incident is covered the same way. Here’s a closer look at what renters insurance usually covers and where coverage may fall short. How renters insurance covers theft Most standard renters insurance policies cover your personal belongings if they are stolen or damaged, whether the loss occurs inside or outside your home. Covered…

“A worker can oppose capitalism while still being forced to sell labor and buy necessities,” the reader wrote to me, “just as a prisoner can oppose incarceration while remaining confined.” Buying a secondhand jacket or a $5 treat—or waiting on a long line in a bout of “democratized snobbery” or “conspicuous waiting”—doesn’t abolish wages, rent, debt or the fact someone else owns the means of production. It just changes how a person survives inside a system they have no way to leave. He’s right. Just because you spend money in capitalism doesn’t mean you love it as a way of…

StepStone Group has more than doubled the net asset value held within its private wealth funds over the past year with no limiting factor for longer term growth, executives said on the firm’s latest earnings call. Overall, private wealth assets surpassed $21 billion in the quarter with the platform generating $2.8

Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Co. on Monday reported a big sales jump for July, as demand for its artificial intelligence-related chips continued to strengthen.TSMC, the world’s biggest chip manufacturer, reported revenue for July of 467.58 billion New Taiwan dollars ($14.5 billion), up 44.7% year on year.Investors are closely scrutinizing Big Tech spending and return on investment, as the sector continues to funnel unprecedented amounts of capital into building out AI…

According to an Indeed Hiring Lab analysis, women now hold more payroll jobs than men in America. It’s only the third time this has ever happened. The first two times, during the Great Recession and just before COVID, the gap snapped back once construction and manufacturing started hiring again. This time looks different. Between February 2025 and February 2026, women added 298,000 jobs while men lost 142,000. Male labor force participation has fallen to its lowest level since tracking began in 1948, outside the pandemic. Roughly one in three prime-age and young men is neither working nor looking for work.…

OpenAI CEO Sam Altman arrives for a meeting at the White House in Washington, D.C., U.S., July 30, 2026. Nathan Howard | ReutersOpenAI on Monday said it is expanding Daybreak, its exclusive cybersecurity initiative, to help give its participants access to the “right capabilities” that they need to help defend themselves from attackers. The company first introduced Daybreak in May, shortly after its chief rival Anthropic captivated Wall Street and the U.S. government by launching its own cybersecurity coalition called Project Glasswing. OpenAI positioned Daybreak as a way for its ecosystem partners to use its most advanced artificial intelligence models…

I am automating investigative journalism at http://Effort.News We’re breaking five stories today based on verifiable financial data which everyone missed for years. Here is the entire thread, which also describes the five stories. The post Brian Chau at work appeared first on Marginal REVOLUTION.