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Major automaker pulls the plug on ambitious U.S. EV plans
TheStreet126d agoneutral
Major automaker pulls the plug on ambitious U.S. EV plans

There is an old line I picked up early in covering Detroit: never bet against the American consumer's love of trucks. For the past three years, automakers tried anyway. They poured tens of billions of dollars into electric vehicle factories, lithium supply deals, and battery joint ventures, betting ...

ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings
24/7 Wall St.126d agoneutral
ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

ARK Space Exploration & Innovation ETF (NYSEARCA:ARKX) has rewarded patient holders lately, with shares near $33 after a 74% one-year run and a 13% year-to-date gain. That kind of move tends to bury the risk conversation. It shouldn’t. ARKX is an actively managed, non-diversified thematic equity ETF that launched in March 2021. Its mandate covers ... ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

Investing.com126d agoneutral
OpenAI secures $4 billion for new joint venture with PE giants, Bloomberg reports

Investing.com -- OpenAI has secured more than $4 billion in capital for a new joint venture designed to accelerate the corporate adoption of its artificial intelligence software. The initiative, named The Deployment Company, drew participation from 19 investors including TPG Inc (NASDAQ:TPG), Brookfield Asset Management Inc (NYSE:BAM), Advent, and Bain Capital Specialty Finance Inc (NYSE:BCSF), according to a report from Bloomberg, citing a person familiar with the matter. The transaction values

U.S. equity fund inflows ease to a six-week low
Reuters126d agoneutral
U.S. equity fund inflows ease to a six-week low

May 4 (Reuters) - U.S. equity fund inflows ebbed to a six-week low in the week through April 29 as investors concerned over a surge in crude oil prices exercised caution ahead of a monetary policy

America’s Fastest-Growing Breakfast Chain Has Fans and Haters
Bloomberg126d agoneutral
America’s Fastest-Growing Breakfast Chain Has Fans and Haters

(Bloomberg) -- First Watch Restaurant Group Inc. is growing faster than any other sit-down chain in the US, betting big on breakfast at a time when competitors are struggling to attract early risers. Wall Street analysts love the stock.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysSupertanker Appears to Have Crossed the Strait of HormuzW

Stabilus Q2 Earnings Call Highlights
MarketBeat126d agoneutral
Stabilus Q2 Earnings Call Highlights

Stabilus (ETR:STM) reported second-quarter fiscal 2026 revenue of €304.9 million, down 10% year-over-year but higher than the first quarter’s roughly €291 million, as management highlighted steady execution on cost savings and transformation initiatives. Chief Executive Officer Dr. Michael Büchsner

Bloomberg126d agoneutral
OpenAI Finalizes $10 Billion Joint Venture With PE Firms to Deploy AI

(Bloomberg) -- OpenAI has raised more than $4 billion for a new joint venture that will focus on helping businesses adopt its artificial intelligence software, according to a person familiar with the matter. Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Car

Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead
24/7 Wall St.126d agoneutral
Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead

The merger between Horizon Technology Finance (NASDAQ:HRZN) and Monroe Capital (NASDAQ:MRCC) closed on April 14, 2026, yet shareholders are not celebrating. The monthly distribution was already slashed from $0.11 to $0.06 per share weeks earlier, the first material reduction since the BDC stabilized its payout in early 2020. Shares trade near $4, down 31% year ... Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead

Bloomberg126d agoneutral
Blackstone Data Center REIT Seeks to Raise $1.75 Billion in IPO

(Bloomberg) -- Blackstone Digital Infrastructure Trust Inc. is seeking to raise as much as $1.75 billion in a US initial public offering, offering investors the chance to capitalize on a surge in building artificial intelligence infrastructure.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysWorld’s Largest Container Carrier Plans Route Avoiding Ho

Germany Sees US as Vulnerable to Squeeze on Potash Supplies
Bloomberg126d agoneutral
Germany Sees US as Vulnerable to Squeeze on Potash Supplies

(Bloomberg) -- German authorities seeking to map out US supply-chain vulnerabilities as a way to win leverage with President Donald Trump’s administration have identified a key pressure point: potash. Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Pl

Jobs, Earnings, and Iran War Will Weigh on Markets Ahead of Fed Change
Barrons.com126d agoneutral
Jobs, Earnings, and Iran War Will Weigh on Markets Ahead of Fed Change

Cue the violins, because after Jerome Powell’s swan song Fed rate meeting, it’s his final two weeks in the hot seat. Powell’s term as Chairman of the Federal Reserve ends on May 15, with Kevin Warsh’s Senate vote to confirm him as successor taking place as early as May 11. While Powell is set to bow out in charge of the Fed, he has said he would stay on as a governor.