Stock Market Today (Oct. 14, 2026): S&P 500 falls on hot inflation data

Goldman Sachs is investing $500 million to launch the Small Business AI Institute, partnering with Anthropic, Google, Meta, and OpenAI. The initiative aims to support 10,000 small businesses in adopting AI, providing training and capital. Since 2010, the 10,000 Small Businesses program has helped 20,000 entrepreneurs, generating $32 billion in annual revenue and 350,000 jobs.

Humana and BlackRock have formed a joint venture where BlackRock invests $2.8B for a majority stake in 150 CenterWell clinics. Humana retains management and a minority stake, with an option to repurchase clinics starting in 2028. The deal aims to reduce Humana's cost of capital and support clinic growth, according to the company.

Goldman Sachs, HSBC, Fortress, Ruya, and Amwal plan to lend $150M to United Saudi Company, marking a significant private credit transaction amid the US-Iran war. Saudi Arabia is increasingly relying on private capital for economic overhaul and to manage fiscal pressures. The deal highlights growing nonbank lending opportunities in the region.

Fortress Investment Group, Goldman Sachs, and HSBC are providing $150 million in private credit financing to United Saudi Company, marking a rare cross-border deal since the U.S.-Iran war. This is one of the largest such deals since mid-2025, as international lenders become more active in Saudi Arabia's financing market. The transaction is notable for Fortress's first entry into Saudi private credit and reflects the kingdom's efforts to diversify financing sources.

Goldman Sachs, Citigroup, Banco Santander, and 18 other financial firms are investing $270 million in a joint stablecoin venture called Project Faro, targeting a 2027 launch. The consortium plans to incorporate in the U.S. and issue a stablecoin compliant with the GENIUS Act, which prohibits yield payments but allows interest on deposits.

Morgan Stanley Investment Management acquired a 189,481-sq-ft R&D facility in Milpitas, CA, for $84.1M. The property is leased to KLA Corporation under a long-term net lease. The acquisition is part of MSREI's recent investments in industrial and senior housing properties, with $58B in global real estate assets.