Sources said the lawyer for Fed Governor Cook condemned U.S. President Trump for launching a new round of investigations.

NVIDIA-backed AI cloud provider CoreWeave is courting insurance-company capital to lower financing costs for buying AI chips and building infrastructure. Management says if more chip-collateralized debt can secure investment-grade ratings and the firm can lift its own credit rating, it could access insurers’ large capital pools. Earlier this year CoreWeave obtained an $8.5bn loan backed by NVIDIA chips and a long-term Meta usage contract. It plans to pitch insurers loans backed by lower-rated customers, including AI labs. Year-to-date fundraising via chip-backed loans, high-yield bonds, convertibles and equity has exceeded $35bn; debt and lease obligations were about $52bn at end-June.

Goldman Sachs CFO said increased interest-rate volatility could pose headwinds for the firm.