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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

  1. @UmitFatih-y9o

    February 6, 2025 at 4:17 pm

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    February 6, 2025 at 4:17 pm

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    February 6, 2025 at 4:17 pm

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    February 6, 2025 at 4:17 pm

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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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  12. @NydiaLuther

    February 6, 2025 at 4:18 pm

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  13. @ChantellMeek

    February 6, 2025 at 4:18 pm

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    February 6, 2025 at 4:18 pm

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    February 6, 2025 at 4:18 pm

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    February 6, 2025 at 4:18 pm

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    February 6, 2025 at 4:18 pm

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  21. @JOHNNIEFrazer

    February 6, 2025 at 4:18 pm

    We all want trump as POTUS and $XAI502K will go parabolic in 2024-2025.

  22. @GeraldMcmillen

    February 6, 2025 at 4:18 pm

    BOOM! Bought in at the start of XAI502K with $10k and turned it into a quick $70K profit and got out of there. DON’T GET GREEDY!

  23. @CavlanMurat

    February 6, 2025 at 4:18 pm

    XAI502K will probably be involved

  24. @NORBERTOSchubert

    February 6, 2025 at 4:18 pm

    Thanks for the XAI502K update! I am loving my XAI502K!

  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

Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…

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Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the explosion and described it as “a very rough day” in a post on X. Bloomberg Intelligence analyst Matt Bloxham joined Caroline Hepker to discuss the implications.
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Bloomberg Technology

SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026

Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…

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Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street estimates.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:38 – Benedikt Kammel, Bloomberg News
00:05:05 – Shirin Ghaffary, Bloomberg News
00:07:56 – Silas Brown, Bloomberg News
00:12:05 – David Kennedy, Dell Technologies
00:15:40 – Janet Mui, RBC Brewin Dolphin
00:23:33 – Rebecca Torrence, Bloomberg News
00:26:41 – Matthew Weir, Goldman Sachs
00:33:40 – George Ferguson, Bloomberg Intelligence
00:37:59 – Carolina Parada, Google Deepmind
00:40:40 – Loren Grush, Bloomberg News
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“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

Anthropic Valuation of $965 Billion Passes OpenAI

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
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