Jack Pitcher

Korean memory-chip manufacturer SK Hynix late last month booked roughly $65 billion in profit for the quarter ended June 30, a 13-fold increase from last year.

Investment firms are looking to new kinds of partnerships as the historic data-center construction boom strains resources, including labor. BlackRock and its [new AI infrastructure fund](https://www.wsj/tech/ai/blackrock-global-infrastructure-partners-microsoft-mgx-launch-ai-partnership-1d00e09

Nvidia reached a deal with some of Wall Street's largest firms to help raise $500 billion to fund the AI infrastructure build-out.

Executives involved are hailing it as a new asset class, but critics have concerns about using chips as collateral.

Nvidia CEO Jensen Huang is running into a problem: Many of his customers can't afford to buy his firm's coveted AI-powering chips.

The July CPI report adds to the case for the Fed to hold rates steady next month, said Lindsay Rosner, head of multisector fixed-income investing at Goldman Sachs Asset Management. "Contained core inflation adds to the encouraging signs in last month’s release of a moderation in underlying inflatio

Wall Street now expects the Federal Reserve to hold rates steady next month.

Prices on consumer and wholesale goods aren't rising as much as feared, and that has been good for stock prices.

Just 13% of U.S. large-cap funds have outperformed indexes over the past decade, new data show.

Investment pros say AI disruption has created a stock picker's market. They are still struggling to pick the right ones.