MANULIFE INVESTMENT MANAGEMENT LTD SMART U.S. DIVIDEND ETF (UDIV.U)
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MANULIFE INVESTMENT MANAGEMENT LTD SMART U.S. DIVIDEND ETF (UDIV.U) News
Broadcom Drops 6% Overnight: The Next Hurdle for AI Is Financing Costs
The market has begun to seriously price in a deeper variable: as financing becomes the primary source of marginal computing power, every increment of profit across the AI industry chain will be quietly offset by interest costs. The true test lies not in systemic default, but in the persistent erosion of profit margins within the AI supply chain driven by rising financing costs; Broadcom’s next earnings report will provide clarity.
Stanley Druckenmiller Bets Big on AMZN, AMD — Dumps AVGO, INTC and MU in Q2
Stanley Druckenmiller's Duquesne Family Office reshuffled its portfolio in the second quarter, boosting exposure to Amazon.com, Inc. (NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD),
Solid-State Transformers Move from "Lab Concept" to a Trillion-Yuan Market | The Inaugural Year of SST Industrialization
① Industry insiders anticipate that, under an optimistic scenario, the market size for solid-state transformers could reach RMB 1 trillion by 2030; ② The three major segments—upstream core components, midstream complete system integration, and downstream scenario-based integration—are witnessing rapid technological iteration and an accelerated pace of domestic substitution, with expectations that the two key pain points of cost and reliability will gradually ease in the future.
Weekend Reading | “It was Jensen Huang who came to us!” Wall Street’s Big Six join forces with NVIDIA to unlock $500 billion: computing power becomes a collateralizable asset for the first time...
On Monday (U.S. Eastern Time), NVIDIA announced that it had signed separate memoranda of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish a financing platform for AI computing infrastructure, aiming to leverage over $500 billion in third-party capital.
"AI-Driven Financial Innovation": The "Vendor Guarantee" Model for AI Chips Behind Broadcom's Sharp Decline
Broadcom’s stock price plunged amid market repricing triggered by credit risks associated with “seller guarantees.” As capital expenditure by traditional cloud giants approaches its limit, Broadcom and NVIDIA have entered the fray, securitizing computing power by providing guarantees to special purpose vehicles (SPVs) to leverage private credit funds. While this move extends AI-related capital expenditure, it has also heightened market concerns over hidden risks such as debt scale, chip residual values, and customer concentration.
123 million shares! NVIDIA discloses its SpaceX holdings for the first time, becoming the latter's sixth-largest shareholder
① NVIDIA disclosed for the first time on Friday (local time) that it held nearly 123 million shares of SpaceX as of the end of the second quarter this year; ② This further underscores the intricate financial relationships between the chipmaker and some of its largest customers.
"AI-Driven Financial Innovation": CDO vs. CCO = 2008 vs. 2026?
The current AI boom is not fundamentally a technology cycle, but rather a credit and real estate cycle driven by the concept of "compute as collateral" (CCO). NVIDIA and private sector giants have established a $500 billion financing platform to securitize and distribute risk. Given that the inflection point in the growth rate of capital expenditure (second derivative) among hyperscale cloud providers has already emerged, and key borrowers such as OpenAI are overly reliant on refinancing, this credit architecture—highly isomorphic to the 2008 subprime mortgage crisis—is highly susceptible to fracturing amid slowing growth.
U.S. Market Close | Trump threatens to declare the Strait of Hormuz as U.S. territory; three major indices close slightly lower. Optical communication stocks strengthen: AAOI surges 15%, Lumentum rises over 5%; drone stock UMAC jumps 25%.
The Dow Jones Industrial Average fell 0.2%, the S&P 500 Index declined 0.17%, and the Nasdaq Composite dropped 0.28%. Most large-cap technology stocks retreated, with the Mag 7 Index down 0.17% and Amazon falling nearly 1%. SpaceX shares also dipped by close to 1%. In contrast, memory chip stocks broadly rose against the trend: SanDisk surged 7.39%, bringing its weekly gain to 35.38%; AMD advanced 6.50%; and NEBIUS climbed 8.88%. Meanwhile, Applied Materials and Broadcom each fell more than 5%.
Express News | NVIDIA discloses $21 billion stake in SpaceX
According to its filing documents, NVIDIA disclosed holdings of SpaceX shares valued at $20.97 billion. NVIDIA also disclosed holdings of Intel shares valued at approximately $30 billion.
Top 20 by Trading Volume | SanDisk rises another 7%, surging over 35% this week; Google Class A shares become Berkshire Hathaway’s fourth-largest holding; AI financing concerns intensify, Broadcom plunges nearly 6%; Reddit to be included in the S&P 500 In
SanDisk, the top stock by trading volume, closed up 7.39% with $33.63 billion in turnover. In the previous trading session, SanDisk announced a series of financial targets for fiscal years 2028 to 2030, including maintaining mid-to-high double-digit revenue growth during this period. SanDisk has continued its upward momentum, rising more than 35% cumulatively this week.
Dan Loeb's Third Point Adds SpaceX; Exits Nvidia; Cuts Stake in Amazon Among Q2 Moves
Bridgewater Beefs up Shell, PG&E Stakes, Reduces Amazon, Among Other Q2 Moves
Concerns over AI financing intensify; Broadcom plunges 7% intraday, sounding the alarm on a potential risk of $370 billion.
Bank of America estimates that Broadcom’s chip financing program could accumulate approximately $370 billion in senior debt by mid-2029 to fund 20GW of computing power, with around $150 billion in new debt potentially added in 2027 alone. While Bank of America does not dispute Broadcom’s fundamental business strength, the market is beginning to recognize that if future AI computing demand relies on an increasingly massive financing platform to sustain growth, the valuation logic for the AI supply chain must also account for asset residual values, customer default rates, debt costs, and supplier guarantee liabilities.
'Charlie Ergen Agrees to Take Controlling Stake in MobileX' - WSJ Exclusive
'Charlie Ergen Agrees to Take Controlling Stake in MobileX' - WSJ
Tiger Global Bets on AI’s 'Second-Tier Players' in Q2: New Positions in Cerebras and AMD, Increased Stake in Intel, While Reducing Holdings Across Top Ten Stocks
In the second quarter, Tiger Global's two largest new equity positions were in Cerebras, with a market value of approximately $660 million, and AMD, with a market value of $390 million. The firm also established a new position in Seagate Technology worth nearly $280 million and increased its holdings in Intel by nearly $370 million in market value. The largest reductions were in Alphabet, Google's parent company, with a decrease of $1.72 billion in market value, followed by Broadcom, with a reduction of $690 million in market value. Additionally, Tiger Global completely exited its $420 million position in AppLovin.
Nasdaq Ends in Red: AppLovin Drags 9%, Nebius Soars 48%
SoftBank slashes over 70% of its Taiwan Semiconductor holdings in Q2, cashing out $270 million, as it readjusts its AI hardware bets
In the second quarter, SoftBank simultaneously established positions in over 270,000 shares of credit card giant Capital One, with a market value of $55.5 million at quarter-end, and acquired more than 10,000 shares of home security app provider Life360, valued at nearly $490,000. Last October, SoftBank liquidated its entire stake in NVIDIA, realizing $5.8 billion in proceeds.
5 AI Stocks With Strong Growth to Buy on the Rebound
Markets have been choppy over the last few weeks, but the AI rally appears to be building momentum again as several major stocks bounce off key technical levels.Earnings season was a positive one
Tiger Global Management Decreases Stake In Lam Research Corp By 19% To 3,163,495 Shares
Tiger Global Management Decreases Stake In Lam Research Corp By 19% To 3,163,495
Why Is Nebius Stock Surging Friday?
Nebius Group N.V. (NASDAQ:NBIS) stock gained more than 8% on Friday as investors digested the AI cloud provider's second-quarter results and signs of strong demand for computing capacity.The move