Finance

Banking

Goldman Sachs Downgraded by Investment Bank Oppenheimer

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Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.

2 min read

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Finance

BofA Survey Shows a Record Rotation Out of US Stocks

2 min read
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Big Tech

Google Strikes $32 Billion Deal for Cloud Security Startup Wiz

The massive acquisition could give Google an edge as AI accelerates Big Tech’s race to win over cloud customers.

2 min read
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Real Estate

Blackstone Has Hope for the Office Real Estate Market

Blackstone’s BXMT mortgage trust, on the other hand, is buckling under the weight of a pile of office loans gone bad.

1 min read

Finance

Blackstone Gets Green Light for New Private Credit Fund, Raises $8 Billion for Real Estate Debt Fund

Photo via Roman Tiraspolsky

Blackstone’s new fund is one of several efforts aimed at cracking the private credit door open to retail investors.

2 min read

Banking

JPMorgan Expands Its Bet on Private Equity to the Tune of $50 Billion

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Moody’s analysts predict, as of last week, that the private credit market will double to $3 trillion by 2028.

2 min read

Finance

Activist Investor Elliott Tightens Grip on Oil Giants Phillips 66 and BP

Photo by Paul Sableman via CC BY 2.0

Elliott has played a central role in pushing out a CEO at Starbucks and convincing conglomerate Honeywell that it needed to break up.

2 min read

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