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Goldman says private credit may invest a lot of 'dry powder' in this sector
BUSINESS

Goldman says private credit may invest a lot of 'dry powder' in this sector

Private credit may use its sizable amount of "dry powder" to combat potential financing market dislocations in this sector, according to Goldman Sachs.

CNBC·17h ago
A $2.5 Billion Whodunit: The Hack That Dented the U.K. Economy
BUSINESS

A $2.5 Billion Whodunit: The Hack That Dented the U.K. Economy

A loose collective of cybercriminals initially took credit for crippling Jaguar Land Rover last year. Investigators now see Russian hands behind the ransomware attack.

NY Times·18h ago
Ariel’s John Rogers likes these small-cap names as the market rally broadens
BUSINESS

Ariel’s John Rogers likes these small-cap names as the market rally broadens

Ariel Investments' John Rogers highlighted for-profit education company Covista as a small-cap stock he's currently bullish on.

CNBC·1d ago
Polymarket says hackers stole users’ funds
BUSINESS

Polymarket says hackers stole users’ funds

The prediction market giant Polymarket said it's refunding users who had funds stolen due to a third-party breach.

TechCrunch·1d ago
Hacked Klue says criminals are deleting stolen customer data, but now other hackers are making threats
BUSINESS

Hacked Klue says criminals are deleting stolen customer data, but now other hackers are making threats

Market research company Klue told customers that it believes the hacking group that stole their data is now deleting it. The company, however, warned about a second group of hackers wanting ransom.

TechCrunch·1d ago
Sources: Hornets engaged in LaMelo trade talks
BUSINESS

Sources: Hornets engaged in LaMelo trade talks

The Hornets are seriously engaged in trade talks with multiple teams aggressively pursuing star point guard LaMelo Ball, sources said.

ESPN·1d ago
There’s One Clear Reason Why Americans Are Gloomy About A.I.
BUSINESS

There’s One Clear Reason Why Americans Are Gloomy About A.I.

The key is understanding how our labor market and our social net differs from the rest of the world.

NY Times·1d ago
South Korea’s IPO bust clouds equity markets as Chaebol structure restrains listings
BUSINESS

South Korea’s IPO bust clouds equity markets as Chaebol structure restrains listings

South Korea's IPO activity has lagged that of its regional peers as the structure of the market and governance reforms collide.

CNBC·1d ago
Thursday's big stock stories: What’s likely to move the market in the next trading session
BUSINESS

Thursday's big stock stories: What’s likely to move the market in the next trading session

A decline in chip stocks dragged down the Nasdaq Composite on Wednesday. The S&P 500 ended the session slightly lower.

CNBC·1d ago
I've spent 30 years in recruitment - this is how to get a job
BUSINESS

I've spent 30 years in recruitment - this is how to get a job

The recruitment agency boss shares his tips on getting noticed in a tougher jobs market.

BBC News·1d ago
Micron stock jumps 15% as soaring prices from memory crunch lead to quadrupling of revenue
BUSINESS

Micron stock jumps 15% as soaring prices from memory crunch lead to quadrupling of revenue

Micron's quarterly earnings report follows a 700% surge in the memory maker's stock price over the past year.

CNBC·1d ago
The memory chip crunch is paying off for this US company
BUSINESS

The memory chip crunch is paying off for this US company

Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.

TechCrunch·2d ago
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