Your Arabica Coffee Will Get Even Pricier as Beans Soar to Record $4 a Pound

Feb 5, 2025 | Markets

Price hike has hurt demand in both major and emerging markets Top-grower Brazil is suffering after a prolonged drought Arabica coffee topped $4 per pound in New York for the first time, as concerns over tight global supplies fuel a dizzying rally that’s doubled prices...

Alphabet Tumbles as Cloud Growth Slows, Missing Estimates

Feb 5, 2025 | Markets

Company boosts capex to $75 billion, lifting Broadcom shares Search advertising sales still show dominance despite threats Google parent Alphabet Inc.’s shares dropped after slower growth in its cloud business contributed to lower-than-expected revenue in the fourth...

Apollo Plans to Build the First Marketplace for Private Credit

Feb 5, 2025 | Markets, Private Credit, Private Markets

Apollo Global Management Inc. is seeking to build a marketplace that would allow investors to buy and sell high-grade private assets more easily, while encroaching further into terrain once dominated by the biggest Wall Street firms. The alternative asset manager is...

Magnificent Seven’s Slowing Growth Threatens S&P 500 Rally

Feb 5, 2025 | Markets

Last week, DeepSeek’s emergence as an AI threat wiped half a trillion dollars of value off Nvidia Corp. Last night, Alphabet Inc.’s disappointing earnings sparked questions about its capital expenditures and put its stock on pace for the worst drop in more than a...

How Elon Musk’s DOGE Is Reshaping the US Government

Feb 4, 2025 | Markets

Of the many changes President Donald Trump has introduced since returning to the Oval Office, few have brought as much intrigue as the Department of Government Efficiency. DOGE was conceived by Trump and his billionaire benefactor, Elon Musk, to slash the size of the...