The move by Moody’s is the latest sign of distress in private credit; retail investors have been rushing to withdraw funds from Blackstone to Apollo.
White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
The announcement comes as the Iran war disrupts global oil and gas supplies, making the U.S.’ development of its LNG resources more urgent.
Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund
The withdrawals show that Apollo didn’t avoid the rush of investor redemptions plaguing rivals, driven by concern over private credit loans to software firms.
Jeffrey Gundlach says it’s a ‘going nowhere’ market, warns of private credit strains
His comments come as investors increasingly scrutinize pockets of the private credit market, particularly funds exposed to riskier borrowers.
Stocks making the biggest moves midday: Palantir, Flutter, United Airlines, Synopsys, Insmed & more
These are some of the stocks posting the largest moves at midday.
Volume in stock and oil futures surged minutes before Trump’s market-turning post
The timing of the earlier volume spikes — across both equities and crude — caught the attention of traders.
U.S. executives, from Apple to Eli Lilly, revamp their push into the world’s second-largest economy at the China Development Forum
More than 80 global executives traveled to Beijing this weekend for the state-organized China Development Forum.
BlackRock’s Larry Fink warns against market timing, says missing best days can halve returns
BlackRock CEO Larry Fink said staying invested through periods of turmoil has historically delivered far stronger returns.
Fed’s Goolsbee says he’s worried about inflation in ‘fraught but intense’ climate
In a CNBC interview, the central banker said policymaking is difficult in the current environment.
Stocks making the biggest moves premarket: Delta Air Lines, Carnival, Chevron & more
These are the stocks posting the largest moves premarket.