JPMorgan Chase reins in lending to private credit firms after marking down software loans
JPMorgan’s move shows that the biggest U.S. bank by assets wants to get ahead of potential turbulence involving private credit loans to software companies.
Consumer prices rose 2.4% annually in February, as expected
The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.
Stocks making the biggest moves premarket: Oracle, AeroVironment, Nike and more
These are the stocks posting the largest moves in premarket trading.
Here are Wednesday’s biggest analyst calls: Nvidia, Netflix, Tesla, Oracle, Nike, Mattel, Planet Fitness & more
Here are the biggest calls on Wall Street on Wednesday.
Nebius stock pops 10% on Nvidia $2 billion investment announcement
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Five things to know about Iran’s new supreme leader, Mojtaba Khamenei
“The Iranians are showing defiance by choosing the son of Khamenei,” a former diplomat told CNBC.
Weekly mortgage demand from homebuyers increased despite big interest rate volatility
Mortgage rates surged higher last week to due rising oil prices, causing a recent boom in refinancing to pull back.
Senators call for investigation into release, redaction of Epstein files
The Department of Justice has come under fire for its handling of documents related to disgraced sex offender Jeffrey Epstein.
Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Mississippi regulators authorized xAI to build a power plant with 41 natural gas-burning turbines in Southaven to power its nearby data centers.
Rheinmetall sees sales growth of up to 45% in 2026, says it’s in ‘prime position’ to arm the U.S. amid war in Iran
Arms maker Rheinmetall reported full-year sales that grew 29% year-over-year and said revenue would grow by even more this year.