Macro Finance
Stock Rally Fades on Higher Oil Prices; SpaceX in Talks to Buy Nvidia Chips
Bloomberg Markets·October 7, 2026·1 min read
US equity futures slipped after the S&P 500 hit a record high, as oil prices rose on reports of increased Iranian attacks on vessels in the Strait of Hormuz. SpaceX is in talks to raise $40 billion to buy Nvidia chips, potentially one of the largest debt financings for AI buildout, according to Bloomberg.
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