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Brookfield Corporation

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Brookfield Bets Big on AI Infrastructure With Nvidia Tie-Up
business3 days ago

Brookfield Bets Big on AI Infrastructure With Nvidia Tie-Up

Brookfield Corporation is positioning itself as a leading AI infrastructure play, launching a Brookfield AI Infrastructure Fund to deploy up to $100 billion in AI assets with seed commitments from Brookfield and Nvidia, and launching Radiant—an Nvidia cloud partner to build AI data centers. With a broad footprint in infrastructure, power, and credit, Brookfield expects strong earnings growth over the next five years. At about $46 a share, it trades at a discount to an estimated value of roughly $68 per share, with a long-term bull case near $130 by 2030, which is why it’s cited as the highest-conviction AI stock to buy now.

Top AI and Tech Stocks to Watch for Investment in 2023
business4 months ago

Top AI and Tech Stocks to Watch for Investment in 2023

The article highlights the significant investment opportunities in AI infrastructure, emphasizing Brookfield Corporation and NextEra Energy as key players. Brookfield is leveraging its expertise in real assets to build AI factories and data centers, with plans to deploy over $200 billion, positioning itself for substantial growth in the AI era. These investments are driven by the need for extensive power and data infrastructure to support AI development, making these companies attractive stocks for investors looking to capitalize on the AI boom.

Brookfield Corporation's Impressive Q3 Performance
financial-results2 years ago

Brookfield Corporation's Impressive Q3 Performance

Brookfield Corporation reported strong financial results for the third quarter of 2023, with distributable earnings of $1.1 billion for the quarter and $4.2 billion over the last twelve months. The company's asset management business saw fee-related earnings increase by 13%, while its insurance solutions business delivered earnings growth driven by strong investment performance. Brookfield's operating businesses generated stable cash flows, with growth in same-store net operating income in its real estate business. The company ended the quarter with nearly $120 billion of capital available for new investments.