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Vanguard Slashes Average Fee to Just 0.07%

Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management — a sliver of the industry average of 0.44%. CEO Salim Ramji talks about the move with Katie Greifeld on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full…

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Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management — a sliver of the industry average of 0.44%. CEO Salim Ramji talks about the move with Katie Greifeld on “Bloomberg Technology.”
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25 Comments

25 Comments

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    February 6, 2025 at 4:17 pm

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    February 6, 2025 at 4:18 pm

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  23. @CavlanMurat

    February 6, 2025 at 4:18 pm

    XAI502K will probably be involved

  24. @NORBERTOSchubert

    February 6, 2025 at 4:18 pm

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  25. @ckl8833

    February 6, 2025 at 4:41 pm

    Why even pay 7 basis points? Look up the top performers in each fund. There are usually only 5-7 outsized winners, the remaining stocks aren’t worth owning. Just buy the top performers and pay nothing in fees.

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Bloomberg Technology

OpenAI Tops $850 Billion Valuation | Bloomberg Tech 4/1/2026

Bloomberg’s Tim Stenovec discusses OpenAI’s recent mega-funding round that valued the company at $852 billion. Plus, Anthropic blames the accidental release of internal source code behind its Claude coding assistant on human error. And, it’s launch day for Artemis II as NASA prepares to send astronauts back to the moon’s vicinity. Chapters: 00:00:00 – Intro…

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Bloomberg’s Tim Stenovec discusses OpenAI’s recent mega-funding round that valued the company at $852 billion. Plus, Anthropic blames the accidental release of internal source code behind its Claude coding assistant on human error. And, it’s launch day for Artemis II as NASA prepares to send astronauts back to the moon’s vicinity.

Chapters:
00:00:00 – Intro
00:06:09 – Stocks Climb, Oil Slides on War-End Optimism
00:11:33 – OpenAI Valued at $852B in Latest Funding Round
00:16:54 – Musk’s SpaceX Has Filed Confidentially for IPO
00:41:39 – Tesla Sales Expected to Show Slower Demand
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

US Needs to Invest More in AI Buildout, Says Cato’s Frazier

Washington is weighing how to build a national framework for artificial intelligence and how to ensure the US can actually deliver on its AI leadership goals, as bottlenecks like energy capacity hamstring the data center buildout. Kevin Frazier, adjunct research fellow at the Cato Institute, speaks with Tim Stenovec on “Bloomberg Tech.” ——– Like this…

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Washington is weighing how to build a national framework for artificial intelligence and how to ensure the US can actually deliver on its AI leadership goals, as bottlenecks like energy capacity hamstring the data center buildout. Kevin Frazier, adjunct research fellow at the Cato Institute, speaks with Tim Stenovec on “Bloomberg Tech.”
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Bloomberg Technology

NASA Artemis II Is Part of the Latest Space Race

NASA’s Artemis II is set to launch, returning astronauts to the moon’s vicinity for the first time in 50 years. Bloomberg’s Ed Ludlow discusses the milestone, the role private firms have played, and what this means for US competition with China. He speaks to Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to…

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NASA’s Artemis II is set to launch, returning astronauts to the moon’s vicinity for the first time in 50 years. Bloomberg’s Ed Ludlow discusses the milestone, the role private firms have played, and what this means for US competition with China. He speaks to Tim Stenovec on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
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