Trump Hardens Stance on Iran, Nvidia Taps Wall Street for $500B | The Opening Trade 8/11/2026

On Monday, President Trump stated that Iran must pay reparations for past attacks as negotiations continue regarding reopening the Strait of Hormuz. Trump accused Iran of seeking compensation for war damages through public statements, though he did not indicate the issue had been raised in formal negotiations. Apollo Global Management, Blackstone, BlackRock, and Brookfield Asset Management partnered with Nvidia to arrange $500 billion in financing for artificial intelligence infrastructure development.

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