Inside Alts: Boaz Weinstein warns of private credit’s ‘financial alchemy,’ says problems are multiplying by the quarter
Saba, alongside Cox Capital Management, launched a tender offer to purchase shares in one of Blue Owl’s non-traded private credit funds at a 34.9% discount.
Federal appeals court orders end to SAVE plan used by millions of student loan borrowers
A federal appeals court ordered the end to the SAVE plan, the Biden-administration era program used by millions of student loan borrowers.
February home sales see small rebound, but supply growth is ‘sluggish’
Home sales made a small gain to start the year, but higher mortgage rates now could throw cold water on the spring season.
Traders fear missing out on latest ‘Trump TACO rally’
One thing was made clear by Monday’s big comeback: Traders don’t think this volatility will persist.
FDA approves leucovorin as first drug for rare genetic disorder, after touting it as autism treatment
The move comes months after the Trump administration touted leucovorin as a potential therapy for a broader group of patients with autism symptoms.
Here are Tuesday’s biggest analyst calls: Nvidia, Apple, Microsoft, Rivian, Amazon, CrowdStrike & more
Here are Tuesday’s biggest calls on Wall Street.
How the Iran war and rising energy prices are threatening semiconductor demand
A prolonged U.S.-Israel war against Iran could lead to shortages of key chipmaking materials and higher energy costs which could hurt semiconductor demand.
Trump reiterates threat of a ‘friendly takeover’ of Cuba as fuel crisis deepens
The comments come less than a week after Trump suggested that his administration would turn its sights on Havana.
Stocks making the biggest moves premarket: Kohl’s, Casey’s General Stores, Vertex Pharmaceuticals and more
These are the stocks posting the largest moves in early trading.
Rivian is a buy ahead of R2 electric vehicle launch, says TD Cowen
Rivian Automotive’s upcoming R2 model could capitalize on an electric vehicle demand rebound in the U.S., according to TD Cowen.