Wells Fargo Deepens Private Equity Lending Push With New Team

Feb 27, 2026 | Markets, Private Credit

Wells Fargo & Co. — nearly two years after starting a venture with Centerbridge Partners — is building out another new hook to the bank’s lending machine: offering loans to smaller private equity shops. The bank has formed a mid-cap sponsor group in its commercial...

Smartphone Market Set to Shrink 13% Due to Memory Chip Crisis, IDC Says

Feb 27, 2026 | Markets

The global smartphone market will contract 12.9% in 2026 because of the unprecedented memory chip shortage, marking “a crisis like no other,” according to researcher IDC. The new forecast, a dramatic revision down from earlier estimates, gives the latest accounting of...

Brain Tumor Survivors Are Forcing a Rethink of Cancer Care

Feb 26, 2026 | Markets

By studying patients who outlive their prognosis, scientists are learning how glioblastoma spreads, adapts and might finally be contained. When Kyle Donohue was diagnosed with glioblastoma, the most aggressive form of brain cancer, in spring 2021, she was given about...

Trump Agenda Needs Allies to Stick by US Debt as Others Flee

Feb 26, 2026 | Markets

The US is becoming ever more dependent on its closest allies to fund its swollen debt burden, exposing a vulnerability in the $30 trillion Treasuries market. Countries that are aligned with Washington bought $463.9 billion of Treasuries in 2025, the biggest annual net...

Drone Maker Kratos Defense Seeks $1 Billion in Share Sale

Feb 26, 2026 | Markets

Kratos Defense & Security Solutions Inc. is seeking to raise $1 billion in a share sale, as government spending on defense ramps up. The San Diego-based firm is offering shares for $83 to $85 each in a share sale marketed overnight, according to people familiar...

Tech stocks today: Nvidia stock rises as guidance signals AI boom alive and well

Feb 25, 2026 | Markets

Nvidia (NVDA), the world’s largest company by market capitalization, reported fourth quarter results after the closing bell on Wednesday in a highly anticipated release amid growing concerns about how big bets on AI will pay off. Nvidia’s quarterly results...