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InvestTalk

Microsoft and BlackRock's $30 Billion AI Gambit

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News, Business, News Commentary, Investing, Entrepreneurship, Business News

4.41.5K Ratings

🗓️ 24 September 2024

⏱️ 51 minutes

🧾️ Download transcript

Summary

A partnership between Microsoft and investment powerhouse BlackRock looks to create a $30 billion fund for investing in AI infrastructure. Its goals are to accelerate the development of data centers and energy projects to meet the growing demand for AI computing power.

 

Today's Stocks & Topics: VDE - Vanguard Energy ETF, Market Wrap, KEY - KeyCorp, Microsoft and BlackRock's $30 Billion AI Gambit, KHC - Kraft Heinz Co., QLYS - Qualys Inc., Justice Department vs. VISA, VFH - Vanguard Financials ETF, YY - JOYY Inc. ADR, SBUX - Starbucks Corp., Annuities Sales.



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Transcript

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0:00.0

On radio, on YouTube, streaming live on Invest Talk.

0:09.0

And for our podcast subscribers, this is Invest Talk. Independent thinking shared success.

0:17.0

Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States.

0:27.0

Justin Klein and Luke Guerrero stand ready to take your finance and investment questions and share their unbiased answers.

0:40.1

Good afternoon fellow investors and welcome back to Invest Talk. This is our Tuesday, September 24th, 2024 edition.

0:48.5

I'm excited for this hour with you looking at the shifts in market dynamics, unpacking what happened in today's market,

0:58.4

but most of all it's about you, your questions, and furthering your educational journey.

1:06.0

And we do this by answering your finance and investment questions,

1:08.6

bringing topics to the table that ultimately

1:11.9

you can glean lessons from to bring back to your own situation

1:16.8

so you can make better decisions with your money each and every day.

1:21.2

Day after day, week after week, month after month, year after year, and that's what

1:25.3

success is about with anything. It's a consistency of action, positive action.

1:32.6

And that's what we are here to help guide you with.

1:36.7

Okay.

1:37.6

Now, to that end, I want to remind you of our new and Best Talk Wealth

1:42.0

webinar coming up on October 8th, just two weeks from today,

1:47.0

two weeks from today at 11 a.m. Pacific time.

1:50.8

So the countdown really begins and you can head over to our website

1:56.1

KPP Financial.com or Invest Talk.com and sign up.

2:02.0

There is once again that's October 8th at 11 a.m.

2:07.7

That's going to be all about building

...

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