US Stock Movement: BlackRock continues to rise about 2% in pre-market trading, partnering with Meta to ramp up investment in AI infrastructure

Golden Finance July 29｜Global asset management giant BlackRock (BLK.US) rose about 2% in U.S. pre-market trading. According to Bloomberg, technology giant Meta recently announced a joint venture with BlackRock. The two parties have formed a partnership to set up a joint venture company, jointly developing and operating a large AI data center campus in El Paso, Texas, USA. The total investment in the project reaches $14 billion, providing strong support for the construction of AI computing infrastructure. This cooperation allows BlackRock to deeply participate in AI infrastructure investment, aligns with current market trends, and has directly boosted investor sentiment.