Morning Minute: Anthropic & AVGO Chip Deal, NVDA Invests in META, UPS Earnings #shorts

Here are three things to watch ahead of Tuesday's open. Broadcom has arranged 63 billion in financing for Anthropic to purchase Broadcom's specialized AI chips and networking gear. The transaction is the largest AI debt deal ever and is being led by Bank of America, Blackstone, City, and Morgan Stanley with Broadcom providing some financial guarantees. Nvidia announced it will invest $3 billion in Meta Platform's [music] equity offering. The two companies will partner to expand their work on the Muse family of AI models to improve inference [music] and trading performance. Meta also intends to expand the deployment of Nvidia's chips for its next generation AI [music] agents. And UPS is higher in pre-market trading after reporting an earnings [music] beat on the top and bottom lines. The company brace its fullear guidance for the second straight [music] quarter after overall revenue grew nearly 7%. Be sure to download the Schwab Network app and watch 247 on Schwabnetwork.com.