Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.
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The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.
Accenture said during its earnings call last week that DOGE-led federal spending cuts were starting to hit sales.
Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.
Blackstone’s BXMT mortgage trust, on the other hand, is buckling under the weight of a pile of office loans gone bad.
Blackstone’s new fund is one of several efforts aimed at cracking the private credit door open to retail investors.
The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.
According to Dealogic, just 1,603 deals have been signed this year through Friday, down 19% year-over-year.
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
Moody’s analysts predict, as of last week, that the private credit market will double to $3 trillion by 2028.
After serving as the driving force for a blistering market rise, the so-called Magnificent Seven have taken an epic stumble in 2025.
Jamie Dimon warned inflation is likely going up and Larry Fink said the economy might already be in recession.
The S&P 500 notched its biggest single-day decline in market value terms since the onset of the pandemic on Thursday.
Klarna is not alone. Several other high-profile firms that were expected to go public have decided to delay their plans.