The traders react to Nvidia&#x27;s milestone AI partnership with top financial institutions totaling half a trillion dollars. What CEOs from all the companies involved had to say about the deal in a CNBC roundtable today. Plus guest trader Mike Schumacher, formerly of Wells Fargo Securities, makes the case that Federal Reserve Chairman Kevin Warsh could be far more hawkish on interest rates than the market thinks.<br><br>Fast Money Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A $500 billion AI mega-deal... and whether Wall Street is getting Kevin Warsh all wrong 8/10/26

CNBC's "Fast Money"

Live from the NASDAQ market site in the heart of New York City's Times Square, this is Fast Money. Here's what's on tap tonight. Backing the data center boom, a group of Wall Street heavyweights from Goldman to BlackRock to Blackstone and more teaming up with NVIDIA to raise half a trillion dollars to finance the AI build-out. The details and the market impact straight ahead. Bus crude on the climb. WTI and Brent surging higher as the Strait of Hormuz remains closed.

Also, news that the SPR is sitting at levels not seen since Maneater from Hall & Oates topped the charts. Oh, did you really not do fast? I did not write that. We will go inside. Incredible. Numbers coming up and later, what's behind the Berkshire breakout, the downgrade, dinging shares of Apple, and why one of our traders is making himself at home in shares of Airbnb. I'm Mike Santoli, in for Melissa Lee today, coming to you live from Studio B at the NASDAQ.

On the desk tonight, Tim Seymour, Courtney Garcia, Guy Adami, and Mike Schumacher, a former head of macro strategy at Wells Fargo Securities. Welcome to you all. And we begin with that groundbreaking deal. The huge news, unprecedented roundtable interview that just happened here on CNBC with our Becky Quick. NVIDIA's Jensen Huang, Goldman's David Solomon, BlackRock's Larry Fink, John Gray and Blackstone, along with leaders of Brookfield, Apollo and KKR,

all coming together to unveil a massive half trillion dollar funding package for infrastructure development for AI. Let's now bring in our own Becky Quick, who just wrapped up. I want to clap her in. I want to clap her in. This is a rare and amazing visit. Thank you. Yeah. Rare all around. Rare day. Amazing day.

A $500 billion AI mega-deal... and whether Wall Street is getting Kevin Warsh all wrong 8/10/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

A $500 billion AI mega-deal... and whether Wall Street is getting Kevin Warsh all wrong 8/10/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.