Apollo’s publicly listed BDC, MidCap Financial Investment Corp., reported a $61 million loss last week.
Day: May 11, 2026
New Vanguard Hire Highlights Bond-Picking Push
The low-cost investment manager has nabbed a portfolio manager from Morgan Stanley while it builds out…
AI’s Next Phase Plays Into TSMC’s Hands
With a supply squeeze deepening, Taiwan’s chip-making juggernaut stands to gain.
KKR Private-Credit Fund Takes $560 Million Loss
The firm will invest $300 million in an effort to bolster the fund as loan defaults…
Leading Stocks Are Losing Their Low-Asset Edge
Plus, all eyes on the Trump-Xi summit.
Private Credit’s Hot Streak Is Over
The decline in returns is due to the Federal Reserve’s rate cuts and rising defaults on…
Stock Market Today: Chip-Stock Frenzy Continues as Stocks Edge Higher
Oil rises as Mideast diplomacy stalls
SoftBank Launches Japan Battery Venture Amid AI Hardware Push
SoftBank Group’s telecommunications arm will build large-scale battery cells and storage systems in partnership with Cosmos…
Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion
Cerebras Systems said it will offer 30 million shares in its planned initial public offering at…
How a Job at OpenAI Became the Greatest Lottery Ticket of the AI Boom
Employees waited two years to sell their shares. Then, the company let them unload $30 million.