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CNN reports that last year President Trump posted a “very big and exciting announcement” on Truth Social after Nvidia (NVDA.O) announced plans to build a US AI supercomputer. In an April 15, 2025 post to his more than 9 million followers he pledged “

2026-07-16

CNN reports that last year President Trump posted a “very big and exciting announcement” on Truth Social after Nvidia (NVDA.O) announced plans to build a US AI supercomputer. In an April 15, 2025 post to his more than 9 million followers he pledged “all necessary permits will be expedited and quickly delivered to Nvidia and similar companies.” CNN says Trump bought $200,000–$500,000 of Nvidia stock days earlier. The network found Trump promoted more than 20 companies on Truth Social shortly after purchasing their shares and sometimes announced potential government actions that could benefit recent investments. The White House denies Trump used his office for personal gain and says trades are handled by external financial managers and that Trump and his family do not control individual transactions.

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2026-07-16

Japan's finance minister KATAYAMA said the government cannot intervene in or compel pension funds' portfolio management.

Japan's finance minister KATAYAMA said the government cannot intervene in or compel pension funds' portfolio management.
2026-07-16

BlackRock's assets under management surpassed $15 trillion for the first time, with net inflows of $192 billion in the second quarter and a record $321 billion in the first half of the year, of which $178 billion came from ETFs. According to the late

BlackRock's assets under management surpassed $15 trillion for the first time, with net inflows of $192 billion in the second quarter and a record $321 billion in the first half of the year, of which $178 billion came from ETFs. According to the latest global asset management rankings, BlackRock remains firmly in first place, followed by Vanguard, Fidelity, State Street, and JPMorgan Chase, indicating a continued concentration of funds in the top players. The accelerated expansion is due to several factors. First, rising market prices automatically increase AUM and fee bases, while costs do not increase proportionally. Second, larger ETFs offer greater liquidity and fee advantages, making them easier to access pension funds, investment advisors, and institutional allocation systems. Simultaneously, BlackRock is expanding into infrastructure, private lending, and data services through acquisitions, attracting funds with low-fee ETFs and then using high-fee alternative assets and technology platforms to enhance profits. Therefore, scale is not merely a result, but rather reinforces its cost, distribution, and acquisition advantages.
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