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The Latest Breaking News from Larry Fink

The great power gap: Billionaires are 4,000 times more likely to hold office than you are, and Oxfam warns it’s ruining democracy

“We actually do face a moment in which there is a fundamental choice between oligarchy and democracy,” Oxfam America senior director of economic justice Nabil Ahmed said.

Fortune

Scott Galloway says, but now 'the American brand is chaos, corruption, and coercion'

Also: All the news and watercooler chat from Fortune.

Fortune

No 'job apocalypse': Goldman Sachs CEO denies the AI hiring nightmare is real

"Technology has been disrupting jobs, changing the way people work, destroying jobs ... for decades," David Solomon says.

Fortune

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Elon Musk makes the case for why his $2.2 trillion tech empire is the only way to save humanity as the only intelligent life in the universe

“If anyone would know if there are aliens among us, it would be me,” Musk said during the World Economic Forum on Thursday.

Fortune

Elon Musk predicts robot-majority future in first Davos appearance

The South Africa-born tech billionaire made his debut at the world's top political and economic summit in the Swiss Alps, telling the World Economic Forum that robots will outnumber people and AI will surpass human intelligence.

Euronews

Jensen Huang talks AI's insatiable appetite for GPUs at the World Economic Forum: 'spot price of GPU rentals is going up, not just the latest generation, but two generation old GPUs'

AI is all-consuming.

PC Gamer

Microsoft CEO urges AI developers 'to get to a point where we are using this to do something useful,' or 'lose even the social permission...to generate these tokens'

Satya Nadella used his Davos platform to warn that AI’s future hinges on proving real-world utility.

TechRadar

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Nvidia CEO Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction are about to be unlocked because someone needs to build all these new AI centers

The AI boom is threatening white-collar entry jobs—but it’s creating a booming six-figure opportunity for electricians, plumbers, and construction workers.

Fortune

Jensen Huang says AI bubble fears are dwarfed by ‘the largest infrastructure build-out in human history’

Huang sees the AI industry as a “five-layer cake” requiring total industrial reinvention, with Nvidia’s chips a particularly crunchy part of the recipe.

Fortune

Davos 2026: Who said what at world's top political and business summit

The yearly gathering in the Swiss Alps resort town has been dominated by escalating tensions between the US and its European allies, with leaders warning of a crumbling world order, rising unilateralism and AI's threat to the world's workforce.

Euronews

Palantir CEO says AI “will destroy” humanities jobs but there will be “more than enough jobs” for people with vocational training

Alex Karp said he struggled to market his humanities skills to get his first job.

Fortune

Microsoft CEO Satya Nadella’s biggest AI bubble warning yet is a challenge to the Fortune 500: It’s time to reinvent the knowledge worker

The Microsoft CEO offers a fix to the AI productivity dilemma, calling on business leaders to shift workflows to match the structural design of the technology.

Fortune

BlackRock's billionaire CEO says companies need to address AI's impact on white collar jobs and wealth inequality

“Many of the people most affected by what we talk about here will never come to this conference,” Larry Fink said at the World Economic Forum.

Fortune

Davos warning from BlackRock's Fink: Capitalism must evolve

"Many of the people most affected by what we talk about here will never come to this conference."

Axios

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The Guardian - US

Cryptocurrency slump erases 2025 financial gains and Trump-inspired optimism

Last few months of the year have seen $1tn in value wiped from the market, despite all-time-high price of bitcoin

Fortune

America's $38 trillion national debt 'exacerbates generational imbalances,' warns think tank, with Gen Z and Millennials paying the price

”Without significant policy changes to reduce debt growth, future generations will inherit a budget where significant resources are locked into servicing past borrowing,” the think tank wrote.

GOBankingRates

BlackRock CEO Calls Crypto an ‘Asset of Fear’ — Do Other Experts Agree?

Larry Fink is still down on crypto, calling it a bastion for nervous investors, or perhaps better to say speculators, and placing gold in a similar bucket.

Fortune

CEOs are making the business case for AI—and dispelling talk of a bubble

Also: All the news and watercooler chat from Fortune.

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news in one place.

100’s of premium titles.
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International Business Times UK

Ken Griffin's Citadel Advisors Bumps Stake by Over 12,000% in Meta Platforms, Visa, Norfolk Southern in Q3

Ken Griffin's Citadel heavily boosted its holdings in the Magnificent 7 stocks in Q3, as industry experts say high AI investment is vital for the US to stay ahead globally.

MarketBeat

Why These 2 Crypto ETFs Could Soar After the Sell-Off

By early October, crypto ETF inflows surpassed last year’s total. For investors more comfortable with the equity markets, these funds offer easy exposure.

Fortune

A BlackRock-led $40 billion data center deal highlights the unstoppable AI gold rush

The $40 billion bet on Aligned highlights the demand for AI-ready infrastructure—and Wall Street’s determination to cash in.

Benzinga

BlackRock's CEO Says Crypto Will Grow 'Rapidly' — Here's How

BlackRock Inc. (NYSE:BLK) reported strong third-quarter results on Tuesday, with CEO Larry Fink saying the cryptocurrency market will grow "rapidly" as the firm builds proprietary tokenization technology to move traditional assets on-chain.

Benzinga

BlackRock Hits $13.5 Trillion AUM, CEO Sees Building Momentum

Investment manager giant BlackRock, Inc. (NYSE:BLK) reported that third-quarter 2025 revenue grew 25% year-over-year (Y/Y) to $6.51 billion, beating the consensus of $6.22 billion.

Benzinga

BlackRock CEO Larry Fink Says There's A Role For Crypto 'In The Same Way There Is For Gold'

BlackRock Inc. (NYSE:BLK) CEO Larry Fink said cryptocurrencies have a legitimate role similar to gold, reversing his earlier skepticism during an interview with CBS' 60 Minutes.

Fortune

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

The $4 trillion tech CEO warns the future won’t be powered by tech bros—but rather the blue-collar workers.

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