Private credit returns weaken as loan distress deepens, MSCI finds
Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new data released by
Economy
Economy
Dow slips 150 points as hot inflation, oil surge hit Wall Street
Wall Street opened lower on Tuesday as investors reacted to a hotter-than-expected inflation report and mounting concerns that the ongoing US-Iran conflict could
Economy
Cisco stock at its most overbought since 2018 — and a top pro sees 25% upside
Cisco stock price continued its bull run this week and is now trading at its all-time high. It has jumped in the last
Economy
Plug Power stock slowly flashes a bullish pattern: is a 30% surge coming?
Plug Power resumed its strong surge in the extended hours today, May 12, as the company published strong financial results, confirming that it
Economy
Affirm stock forms a bullish setup as BoFA hints at a surge ahead
Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was
Economy
Aluminium recyclers warn of EU ETS hit, copper nears record highs
European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU
Economy
Wendy’s stock jumps 13% as Nelson Peltz eyes potential take-private bid
Nelson Peltz’s activist investment firm Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, according
Oil
Alphabet plans first Yen bond sale to help fund AI expansion
Alphabet (GOOGL) plans to issue Japanese yen-denominated bonds for the first time as the technology giant seeks additional funding for its rapidly expanding
Oil
Strategy (MSTR) adds $43M in Bitcoin as Saylor revives aggressive buying
Strategy, the bitcoin-focused company (previously known as Microstrategy), has expanded its cryptocurrency holdings once again, purchasing an additional 535 BTC for approximately $43
Oil
Nasdaq 100 Index RSI hits a level that triggered a 16% crash last time
The Nasdaq 100 Index continued its strong bull run this month, reaching its highest point on record. It was trading at an all-time