Pimco Warns Private Credit ‘Confidence Gap’ to Reveal Weak Funds

Jul 1, 2026 | Markets, Private Credit

Private credit investors have become increasingly discerning about dispersion in investment marks, creating a “confidence gap” between asset managers, according to Pacific Investment Management Co. Managers with stronger loan quality are being rewarded as net asset...

Nike Sees Weakness Persisting as Investors Grow Impatient

Jul 1, 2026 | Markets

Nike Inc. executives gave a cautious outlook and warned about elevated consumer anxiety, adding to investor concerns about the sportswear company’s painfully slow turnaround. “We are not expecting the environment to improve meaningfully over the next six months,” Matt...

Goldman Sachs forecasts return to oversupply in global oil market

Jun 30, 2026 | Markets

The bank slashed its Brent crude forecast by $10 per barrel as Iran tensions ease and non-OPEC supply surges Goldman Sachs has cut its fourth-quarter 2026 Brent crude forecast to $80 per barrel, down from $90, as the bank anticipates a flood of supply returning to a...

Microsoft’s $613 Billion Rout Sets Up Its Worst Month Since 2000

Jun 29, 2026 | Markets

Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence. The stock has dropped 18.4% in June, which would represent its worst monthly...

Morgan Stanley Private Credit Fund Sells $350 Million Bond

Jun 29, 2026 | Markets, Private Credit

A Morgan Stanley private credit fund sold investment-grade bonds to refinance debt, its first offering in just over a year. Morgan Stanley Direct Lending Fund raised $350 million from a five-year note, matching its target size, according to a person with direct...

Crypto’s Institutional Buyers Retreat in Double Blow to Bitcoin

Jun 29, 2026 | Markets

Bitcoin’s biggest institutional sources of demand are faltering at the same time, leaving the cryptocurrency increasingly exposed as exchange-traded fund investors pull money at a record pace and questions persist over the financing playbook behind its largest...