The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta

Meta's data-center project priced a $12.5 billion offering with a higher interest rate than a similar deal last year, as AI companies flood the market with new debt.

Barclays Raises Key Targets

The British bank raised its group income and its net interest income targets after its second quarter was boosted by its global markets unit and investment banking fees.

KKR, Blackstone Sign $16 Billion Kuwait Oil Deal