Danaher Moves Nvidia’s Chips Into the Laboratory
Inside the laboratory Danaher plans to run at Abcam, an experiment will be proposed by a model, built and tested by robots, and read by instruments whose results return to…
Berkshire Writes a Second Check to Bending Spoons
The filing reached EDGAR at 9:18 a.m. Eastern on Wednesday. By mid-morning, the shares it described had traveled much further than the money involved. Bending Spoons said Berkshire Hathaway agreed…
CoreWeave Wants Insurers to Fund the Next Data Center
CoreWeave has spent 2026 borrowing against its chips. Its co-founder now wants to borrow against something larger: the balance sheets of the global insurance industry. Brannin McBee, CoreWeave’s co-founder and…
Europe’s AI Rulebook Meets Its First Two Cases
DUBLIN — Henna Virkkunen used a speech at an artificial intelligence summit here on Wednesday to describe what the European Commission’s AI Office had been doing for the past several…
A Power Plant Built for a Single Customer
CHEYENNE, Wyo. — The generating station American Electric Power plans to build outside this city will sell its electricity to one buyer for twenty years. That contract, and the load…
Two New York Fabs, Paid For From Tokyo
MALTA, N.Y. — This town north of Albany has been making semiconductors for more than a decade. On Wednesday it became the site of an arrangement that has rarely been…
State Street’s Record Custody Book, a Revenue Miss
The asset figures State Street reported Wednesday were the largest in the company’s 234-year history. The revenue line was not large enough. The Boston-based custody bank said assets under custody…
BlackRock’s $205 Billion Quarter, With a Warning About Building
Larry Fink had a message Wednesday for the local officials and candidates campaigning against data centers in their towns, and he delivered it to a television audience rather than to…
Morgan Stanley’s Equity Desk Carries the Quarter
Ted Pick opened his remarks to investors Wednesday by pointing at a franchise rather than a forecast. Morgan Stanley’s equities traders produced $5.8 billion of revenue in the third quarter,…
A $1.2 Billion Penalty and a Trading Miss at Bank of America
Brian Moynihan told analysts in September that trading revenue would come in roughly flat for the third quarter. On Wednesday morning, the chief executive of Bank of America had to…
