Page Navigation: All Articles | Videos
– Featured –
Featured Article
AI Bubble Debate Gets Real as Chip Stocks Rally Turns Historic
Chipmakers are by far the hottest stocks in the market, but their recent surge is lending urgency to the debate over whether investors are buying into an artificial-intelligence bubble that’s due to burst. The Philadelphia Stock Exchange Semiconductor Index is on pace...
– Save Change World (SCW) Articles –
Morgan Stanley restricts redemptions at private credit fund after withdrawals surge
Wall Street banking giant Morgan Stanley (MS.N) has limited redemptions at one of its private credit funds after investors sought to withdraw almost 11% of shares outstanding, a regulatory filing showed on Wednesday. A flurry of bad news following several credit...
Iran’s Cheap, Plentiful Weaponry Puts US Military Under Unprecedented Strain
As the conflict extends toward a third week, an arsenal of attack drones and ballistic missiles has helped make Tehran unlike any adversary the US has faced. When the first cruise missiles began detonating inside Iran, the strikes had all the hallmarks of previous...
JPMorgan Restricts Private Credit Lending After Markdowns
JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value of certain loans in their portfolios, the latest sign of stress in the $1.8 trillion industry. The devalued loans are to software companies, according to people...
Campbell’s Cuts Outlook to 17-Year Low as Shoppers Forgo Chips
Campbell’s Co. cut its profit outlook to the lowest in a decade as consumers eschew chips and pretzels while supply constraints are weighing on sales of freshly baked goods. Full-year earnings, adjusted for some items, are now seen between $2.15 to $2.25 per share,...
HK Family Offices Plan More Crypto, Private Markets Exposure
Many Hong Kong-based family offices are planning to add exposure to private equity and digital assets over the next three years, according to a report commissioned by local authorities. Interest from wealthy families in those assets, alongside private credit and...
Cliffwater’s $33 Billion Private Credit Fund to See 7%-Plus Redemptions
Cliffwater LLC is facing redemption requests in excess of 7% from its flagship private credit fund, according to people with knowledge of the matter. The $33 billion Cliffwater Corporate Lending Fund is structured as an interval fund, requiring it to repurchase up to...
Carson Block Goes From Sanguine to Skeptic on S&P 500 Due to AI
Carson Block has flipped his view on the market over the last several weeks — all because of artificial intelligence. “Up until one month ago, I was completely sanguine on the S&P 500 and markets in general and the economy,” Block, the chief investment officer and...
Goeasy shares sink nearly 60% after it withdraws guidance, suspends dividend
Shares in Goeasy Ltd. sank nearly 60 per cent after the non-prime consumer lender suspended its dividend, announced it would take more than $200 million in charges in its fourth quarter and withdrew its financial guidance. Goeasy shares were down $65.90 or 57 per cent...
Legal AI Startup Legora Raises $550 Million for US Expansion
Swedish legal artificial intelligence startup Legora has raised $550 million in a Series D funding round led by Accel, tripling its valuation from an October round to $5.55 billion as it seeks to expand in the US. Existing investors Benchmark, Bessemer Venture...
Aluminum Slips From Multiyear High as Market Turmoil Hits Metals
Aluminum fell amid a broad selloff across financial markets, after earlier touching the highest in almost four years as escalating hostilities in the Middle East hit supplies from the region. The metal rose as much as 2.8% to $3,544 a ton, before turning lower as...
