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.
City & Markets
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)…
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…
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.
Big pharma stocks close near all-time highs as tech selloff pushes investors toward safer bets
Investors are dumping AI stocks as ‘tech wreck’ worsens. Here’s where they’re turning now.
A continued selloff in the AI trade is forcing investors to move from tech names to the relative safety of government bonds and defensive stock sectors.
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.
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.
The problem with 'good debt': Why borrowers should think twice about the label
When Bryanna Hambrick bought a three-bedroom, two-bathroom single-family home in Columbus, Ohio, in 2022, she hoped that life milestone would help her save money on rent and build wealth.
Dollar Retreats with Bond Yields
The dollar index (DXY00 ) fell to a 1-week low today and is down by -0.48%. The dollar is sliding today on weakness in T-note yields after the 10-year T-note yield dropped to a 3-week low of 5.046%, w…
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.
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.
KFC to switch to Coca-Cola beverages in U.S. restaurants for the first time in decades
KFC's U.S. restaurants will ditch PepsiCo and switch to Coca-Cola beverages next year, marking the first time in decades that the Yum Brands chain has changed its drink supplier, the restaurant compan…
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.
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 Un…
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.
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" …
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 conti…
Will Weak Consumer Loan Demand & High Provisions Hurt COF Q3 Earnings?
Capital One's Q3 earnings are expected to have faced pressure from weak consumer loan demand and higher provisions, despite strength in credit card operations.
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.
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.
U.S. Treasury dismisses IMF debt warning and 'messy' forecasting
The International Monetary Fund should check its own forecasting record before criticizing U.S. fiscal policy, David Zervos, newly appointed counselor to the Treasury Secretary, said on Thursday.
4 Stocks at Different Stages of Bullish Technical Confirmation
Bull and bear flags are types of chart patterns used by technical analysis (TA) traders. They are used by these traders to try to forecast future price changes. Flag patterns signify continuation with…