BusinessVictory Capital Pays 7 Billion Dollars for First Eagle in Deal That Creates 571 Billion Dollar Asset Manager
The acquisition merges Victory's 49 billion with First Eagle's 22 billion, as traditional asset managers race to build scale in an index-fund-dominated industry.
FinanceNvidia Posts 96.2 Billion Dollar Quarter and Guides 108 Billion for Q3 as AI Boom Shows No Signs of Slowing
Nvidia's data center revenue hit 9 billion, up 117 percent year-over-year, with third-quarter guidance of 08 billion signaling sustained AI infrastructure spending.