Private Debt Markets: A Promising Opportunity in 2024
The Federal Reserve's potential interest rate cuts raise concerns about the private debt boom, but Queensland Investment Corp. sees promising opportunities to address financial market stress. Rollover loans, mergers and acquisitions, and lo...
Rivian Soars with AT&T Deal
Rivian's stock rose by over 10% following a new partnership with AT&T, who will purchase electric vehicles for their fleet and provide connectivity for Rivian vehicles in the US and Canada.
Mortgage Rates Fall Below 7% for the First Time in Months
Mortgage rates have dropped below 7% for the first time in months, bringing hope for a recovery in the housing market. However, the impact may vary for existing homeowners and first-time buyers. Experts predict further savings as rates cont...
Analyst Concerns Over Tesla's Lower-Growth Period
Analyst predicts lower sales and volumes for Tesla in Q4, sees a potential upside for the company's next-generation platform. Deutsche Bank forecasts downside risk to Tesla's earnings.
Intel Unveils New PC Chips for Artificial Intelligence Tasks
Intel announces the launch of Core Ultra processors, designed for AI tasks, offering enhanced performance, extended battery life, and integration with leading manufacturers.
MorphoSys Raises €102.7 Million for Drug Launch and Clinical Development
MorphoSys raises €102.7 million to accelerate drug launch and clinical development, shares decline but still up from positive trial data.
Asia-Pacific Stocks Mostly Climb
Asia-Pacific stocks saw mixed results, with some markets seeing gains and others facing declines. The Hang Seng Index rose by 1.1% while the Nikkei 225 Index declined by 0.7%. Other markets in the region also witnessed changes.
Global Oil-Demand Growth Expected to Weaken in 2023
The International Energy Agency predicts a slowdown in global oil-demand growth for 2023 due to higher interest rates. China's growth is expected to drop to 4.2% from 5%. OPEC projects a rise in global oil output driven by the US, Brazil, G...
Thames Water Utilities Appoints New CEO
Thames Water Utilities has announced the appointment of Chris Weston as the new CEO, replacing Sarah Bentley. Learn more about his background and compensation package.
Apple Requires Court Order for Customer Push Notification Information
Apple updates its guidelines, requiring court orders for law enforcement to access customer push notification information, protecting user privacy.