The IPO drought is driving private equity-owned companies to the debt market to pay investors
Private equity funds are increasingly pushing their portfolio companies to take on more debt to return cash to their investors, data suggests.
Finance & markets
Fed's Warsh withholds rate signal, praises recent global tightening with 'no free riders'
BANGKOK — Federal Reserve Chairman Kevin Warsh refrained from signaling whether there will be another interest rate hike again this month, while acknowledging a "synchronous tightening" by central banks around the world…
Cotton Fades Lower on Thursday
Cotton futures were under pressure late, despite supportive outside markets, as contracts were down 24 to 60 points. Crude oil was up $2.46 per barrel on the session, with the US dollar index $0.562 lower.
Hybe shares jump 10% as K-pop sensation BTS' tour lifts earnings hopes
Shares of Hybe, the company behind K-pop supergroup BTS, surged 10% on Friday as investors weighed an upbeat third-quarter earnings outlook fueled by its artistes' global concerts.
Independent Bank stock climbs on earnings, revenue beat
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Independent Bank (NASDAQ:INDB) and the rest of th…
CoreWeave credit default swaps hit distress levels as investors sour on AI debt
CoreWeave's credit stress continued to spiral on Thursday amid a broader sell-off in AI-related names.
Harvard’s endowment jumps 27% in fiscal 2026, lifted by SpaceX as top holding
Harvard University's endowment grew 27.1% in fiscal year 2026, its strongest return in five years, the school said in its annual financial report released on Thursday.
Soybean Weakness Continuing on Thursday
Soybeans are trading with contracts down 5 to 6 cents in the nearbys. Futures faded the early/overnight gains and Chinese business on Wednesday, with contracts down 6 ½ to 8 ¾ cents at the close. Open interest was down …
This one governor’s race could derail the AI trade that’s powered the stock market
Here’s the Nov. 3 contest that “presents the biggest election-specific risk,” analysts say.
U.S. sues California in fight over checking citizenship of mail voters
The federal government sued the state of California on Thursday in an escalating battle over how to prevent non-U.S. citizens from voting by mail in federal elections.
CoreWeave’s polarizing stock rebounds as Wall Street squares off about AI spending
Wall Street’s views on CoreWeave are starkly divisive as investors pay more attention to the financial details of big artificial-intelligence companies.
Nvidia and Cisco confirm multimillion-dollar donations to Trump's White House ballroom
Technology giants Nvidia and Cisco have committed millions to President Donald Trump's White House ballroom renovation project, CNBC confirmed on Thursday.
Brian Sullivan: Why the 'real' price of oil is likely $30-$40 higher than where it is now
That's the real cost of a barrel of oil because buying the physical commodity is a very different story from a number on traders' screens.
TSMC’s Record Earnings Show AI Demand Is Outrunning Rate Concerns
Not much happened with Datadog (DDOG -1.14%) this week that wasn’t happening to every other growth stock — the whole market whipsawing on war news, purported AI advances that will either doom or supercharge software dep…
Tesla plans next-generation Roadster reveal after almost a decade of delays
Tesla is planning to show off its long-delayed next-generation Roadster on Thursday, almost a decade after Elon Musk's company started taking deposits for the electric sports car.
Apple and Meta team up to make Muse AI model run on Mac computers
Tim Cook and Mark Zuckerberg have clashed for years, but with John Ternus taking the reins at Apple, the rivals are finding common ground in artificial intelligence.
U.S. reportedly considers use of 'mother of all bombs' as Iran vows to fight on
The U.S. military has drawn up options for renewed strikes on Iran that include the potential use of one of the biggest nonnuclear bombs in its arsenal, CNN reported Thursday, as Tehran vowed to continue fighting for it…
Trump says Nidal Hasan execution won't be live-streamed
President Donald Trump said Thursday that the planned execution by firing squad of convicted Fort Hood mass killer Nidal Hasan would not be live-streamed.
Micron, Nvidia and other chip stocks face renewed pressure as AI fears swell
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Cloud Memory Business Unit (CMBU), Core Data Center Business Unit (CDBU), Mobile a…
AI Concerns Take Centre Stage as Tech Stocks Extend Slide
A search for Wes Anderson on YouTube turns up trailers that the famed director with a distinctive style appears to have made for adaptations of "Star Wars," "Harry Potter" and "The Lord of the Rings" featuring Bill Murr…
Treasury yields slide as investors flee to safety of bonds amid tech rout
Treasury yields dropped Thursday, as investors continued to cash in technology shares and fled to the safety of bonds following the latest wholesale inflation data.
Nasdaq 100 Selloff Has a Twist We Haven’t Seen This Year
Memory makers fell again and the big banks missed Street expectations but Mag-7 strength kept the S&P 500 flat.