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The Latest Breaking News from Larry Fink

GM CEO Mary Barra says America has a ‘societal problem’ with skilled trades—and is putting $200 million behind training Gen Z to work with their hands

General Motors invested $200 million in skilled trades last year. Its CEO Mary Barra says they could offer Gen Z a more “AI-proof” path to six-figure pay.

Fortune

ECB head Christine Lagarde 'ready to serve' WEF, report says

The World Economic Forum is currently co-chaired by BlackRock CEO Larry Fink and André Hoffmann, the vice chairman of Roche.

Euronews

Nvidia Lines Up $500 Billion AI Financing Push As CEO Jensen Huang Says Chips Are Now an 'Investable Asset'

Nvidia has signed memorandums of understanding with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to create financing platforms for Nvidia customers.

International Business Times

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Nvidia AI Chips Are Now an Asset Class. BlackRock CEO Larry Fink Just Compared Them to Mortgage-Backed Securities.

Is Wall Street headed toward another MBS-style financial crisis, this time built on AI chips instead of bundled home loans?

Barchart

Billionaire Larry Fink Warns Keeping Your Savings in a Bank Account Is 'One Of The Worst Financial Decisions Of A Lifetime' — But Mark Cuban Told People To Do the Opposite

Larry Fink says it's a bad idea for people to keep their money in banks, earning nothing.

Barchart

Nvidia CEO Predicts a Massive AI Infrastructure Boom. Skilled Trade Workers Could See Six Figure Opportunities.

The rapid construction of data centers, semiconductor facilities, and AI factories is already reshaping labor demand, with companies competing for workers capable of building and maintaining these highly specialized facilities.

International Business Times

Jensen Huang's Construction Careers Forecast: Nvidia CEO Predicts Six-Figure AI Infrastructure Jobs

Nvidia CEO Jensen Huang says the AI boom will fuel a surge in high-paying construction and trade jobs, even as other executives warn of a deepening skills gap.

International Business Times UK

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Nvidia's CEO says ‘a lot’ of six-figure jobs in plumbing and construction will be unlocked because someone needs to build new AI data centers

The AI boom is threatening white-collar, entry-level jobs—but the Nvidia CEO says it's creating a six-figure opportunity for electricians and construction workers.

Fortune

'No one is close': BlackRock’s Larry Fink warns Americans have saved egregiously less than they need for retirement

Many Americans have less than $150,000 saved for retirement.

Fortune

London vs the machines: three in four jobs are at risk to AI

Sadiq Khan needs to come up with an AI plan soon, writes Chris Blackhurst — or it’s time to brush up on those floristry skills...

Evening Standard

Despite nearing their 60s, nearly four in 10 Americans heading towards the end of their careers don’t even have a retirement account

Around four in 10 U.S. Gen Xers, and even some baby boomers, haven’t saved for retirement—as current retirees who didn’t save enough endure a “nightmare.”

Fortune

Larry Fink Says AI Needs More Electricity. Google Is Trying To Need Less Of It.

As investors prepare for Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) earnings, Wall Street is once again focused on AI spending, cloud growth and capital expenditures. But BlackRock Inc. (NYSE:BLK) CEO Larry Fink believes the industry’s biggest constraint isn’t chips or models anymore—it’s electricity.

Benzinga

Weekend Round-Up: Bitcoin's New Role, Hacked CEOs And Big Bets on Crypto

This week was a whirlwind of activity in the crypto world. From CEOs discussing the future of Bitcoin to unexpected hacks, the industry was buzzing with news.

Benzinga

Palantir CEO Predicts AI Will Make Him $300B While Workers Get Left Behind

Palantir CEO Alex Karp warns AI will hyper-enrich tech owners with $300B fortunes, leaving middle-class workers with modest gains. Read his prediction.

International Business Times

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International Business Times UK

Palantir CEO Alex Karp Predicts AI Will Give Him a $300BN Fortune While Workers Get Smaller Gains

Palantir CEO Alex Karp predicts AI will significantly enrich tech owners, potentially increasing his wealth to $300 billion, while offering modest financial gains for middle-class workers.

Fortune

With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

Palantir CEO Alex Karp expects his fortune to grow to $300 billion thanks to AI—he says the U.S “biggest problem” is wealth going to unrelatable tech bros.

Euronews

BlackRock tops $15tn: Where does the world's largest asset manager put it all?

BlackRock has become the first asset manager to oversee more than $15 trillion (€13tn), nearly three times the nominal annual output of Germany, the EU’s largest economy. Here is how the money is spread.

International Business Times

Larry Fink Says the Bitcoin Bottom Is In, While His Own Fund Just Bled $3 Billion.

On July 15, BlackRock's Larry Fink told CNBC that the brutal crypto selloff, which knocked Bitcoin from a $126,000 October 2025 record to the low $60,000.

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Barchart

Here’s the ‘Baby Buffett’ Investing Story I Meant to Write Before BlackRock Distracted Me.

The case for billionaire Taylor Swift as the next Warren Buffett, and how to track a core watchlist of picks at Barchart.

The Economic Times

BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflows

In a remarkable show of strength, BlackRock announced impressive second-quarter profits that outpaced Wall Street's forecasts. Driven by a buoyant stock market, client assets surged to an unprecedented $15.34 trillion. The firm's iShares ETF franchise was a significant contributor, pulling in $192 billion in client cash. Additionally, private markets experienced…

Fortune

Nvidia’s CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

The $5 trillion tech CEO warns the future won’t be powered by tech bros—but rather the blue-collar workers.

International Business Times

BlackRock Just Dumped 1,000 Bitcoin Into the Worst Possible Weekend

BlackRock, the single largest holder of Bitcoin on the planet through its IBIT ETF, offloaded more than 1,000 BTC in one Thursday session.

International Business Times UK

BlackRock Cuts 200 Jobs Despite Record $14 Trillion in Assets: Calls It 'Ordinary Discipline'

BlackRock's strategic layoffs align with the financial sector's AI adoption and ongoing expansion through mergers, reflecting a shift towards operational efficiency.

Axios

China fueling U.S. data center resistance, AI groups claim

Data center critics counter that the industry is using China as a bogeyman.

The Independent UK

How the war in Iran could impact £3bn of UK pensions

INVESTIGATION: New analysis from the Bureau of Investigative Journalism and The Independent finds that billions of pounds of UK pensions have been left exposed to the ongoing conflict in the Middle East. Josephine Moulds and Nick Ferris report

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