Drone Maker Aevex Shares Climb 35% After $320 Million US IPO

Apr 17, 2026 | Markets

Aevex Corp. shares rose 35% after the maker of military drones raised $320 million in a US initial public offering. Shares of the Madison Dearborn Partners-backed firm closed at $26.93 each on Friday in New York, versus an IPO price of $20 apiece. The offering of 16...

Hedge Funds’ Treasury Bets Risk Market Shock, Apollo’s Slok Warns

Apr 17, 2026 | Markets

A buildup of leveraged hedge fund bets in Treasuries has left investors exposed to abrupt position shifts that could amplify stress across global bond markets, according to Apollo Global Management Inc. Chief Economist Torsten Slok. Hedge funds now own roughly 8% of...

Henry Paulson Suggests US Make a Break-Glass Treasuries Plan

Apr 16, 2026 | Markets

Former Treasury Secretary Henry Paulson suggested US authorities prepare a back-up plan in order to avert a potential future collapse in demand for Treasuries resulting from long-running concerns over the federal debt load — an event that he warned would have...

Private Credit Funds Face More Pressure as Banks Swap Collateral

Apr 16, 2026 | Markets, Private Credit

For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans, helping them notch ever-higher returns. Now, those same banks are tightening their arrangements, adding to the pressure on...

Indian Officials See Iran War Shock as Disruptive as Covid

Apr 16, 2026 | Markets

Indian officials say the Iran war could be as disruptive to the country as the Covid pandemic was six years ago and the damage could linger for years to come, threatening to knock the world’s fastest-growing major economy off its path. The government is now drawing on...