JBS to Close Pennsylvania Beef Plant Amid Cattle Shortage

Jun 12, 2026 | Markets

JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattle shortage. In addition to the beef production facility in Souderton, Pennsylvania, the world’s largest meat supplier also said it is closing a...

What Stock Traders Can Expect From SpaceX’s Trading Debut

Jun 12, 2026 | Markets

Investors will soon have a sense of how SpaceX shares will perform after the largest initial public offering ever — but they may need to wait several hours to get in on the trading action. Shares of the rocket, satellite internet and artificial intelligence giant will...

BlackRock’s HLEND Caps Redemptions After Investors Seek 13%

Jun 12, 2026 | Markets, Private Credit

BlackRock Inc. capped redemptions from its flagship private credit fund for the second straight quarter after investors sought to pull about 13%, a sign that shareholders remain nervous about the health of the $1.8 trillion market. The roughly $25 billion HPS...

SpaceX Treated as ‘Simply Too Risky’ for Funds With Governance Mandates

Jun 12, 2026 | Markets

The list of sustainability-focused fund managers opting to blacklist SpaceX is growing, as they contemplate the unprecedented level of control that Elon Musk will hold over the rockets-to-chatbot behemoth. “It’s simply too, too risky for the type of longevity we want...

Hedge Funds Are Split Over How to Trade This AI-Fueled Market

Jun 11, 2026 | Markets, Private Markets

Even hedge funds are divided about whether to ride the artificial intelligence wave or position for a nasty stock-market correction. Andreas Halvorsen’s Viking Global Investors, which manages more than $50 billion, is among the cautious few. He recently told investors...