Meta weighs big equity raising to finance AI infrastructure: FTThe report comes after Alphabet moved to raise $84.75 billion in upsized equity offerings, as Big Tech competes to build data centers and...
Blackstone private credit fund caps withdrawals as redemption requests surgeAfter investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 bill...
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalateWall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech...
Researchers stuck a pair of googly eyes on the coast of Denmark and let them sit for 46 days, and here's what happened nextA floating windmill with giant spinning eyes, the Looming-Eye Buoy, was tested to deter seabirds from raiding fish traps in Europe. While i...
US Stock Market: Private credit funds of Blackstone, BlackRock mark down portfolios amid software sector stressMajor investment firms Blackstone and BlackRock saw their private credit portfolios shrink. Troubled loans, especially from software firms ...
US market today: Blackstone, BlackRock cut value of their private credit fundsBlackstone and BlackRock asset management firms reported declines in their private credit fund values for the first quarter. This reduction...
US market today: Apollo surpasses $1 trillion in AUM, beats profit estimatesApollo Global Management crossed $1 trillion in assets under management and beat Wall Street expectations for first-quarter profit on Wedne...
Blue Owl's Stack to consider $30 billion sale of Asia operations: ReportStack Infrastructure, owned by Blue Owl Capital, is exploring options including a sale of its Asia operations. The deal could be valued at ...
Private credit shock deepens: why Blue Owl caps withdrawals as redemption surge hits 40%, and what it means for Blue Owl stock nowPrivate credit shock is hitting hard. Over 40% redemption requests flooded funds run by Blue Owl Capital. The firm allowed only 5% withdraw...
US stocks | US asset manager shares drop after Blue Owl limits withdrawals in two fundsShares of U.S. alternative asset managers fell on Thursday after Blue Owl capped the amount investors can withdraw from two of its retail-f...
Blue Owl limits withdrawals in two funds after historic surge in redemption requestsBlue Owl is restricting investor withdrawals from two of its funds. This action follows a record number of redemption requests received in ...
US Stocks: Private credit strains ripple through Wall Street as investors grow waryPrivate-credit market jitters have spilled onto Wall Street, with some major U.S. banks tightening lending while the funds have capped with...
US Stocks Today | Wall Street ends down as Nvidia slides and private equity stocks sinkWall Street closed lower on Thursday, impacted by declines in private equity firms and tech giants Nvidia and Apple. Concerns over AI's dis...
Oracle stock down again nearly 5% today as new report claims Blue Owl exits $10 billion Michigan data center deal - ORCL to decline further?Oracle Stock Crash: Oracle stock slid after reports said Blue Owl exited a $10 billion data centre plan. The 1 gigawatt project would suppo...
Meta in $27-billion financing deal with Blue Owl Capital for Louisiana data centerMajor tech companies, including Alphabet, Amazon.com, Meta, Microsoft and CoreWeave, are on track to spend $400 billion on AI infrastructur...
Meta set to clinch nearly $30 billion financing deal for Louisiana data centre site: Bloomberg NewsMeta Platforms is finalizing a nearly $30 billion financing package for a Louisiana data center, marking the largest private capital deal o...
Meta selects Pimco, Blue Owl for $29 billion data centre financing: BloombergMeta has chosen Pimco and Blue Owl Capital for a $29 billion funding deal to support AI data centre projects in Louisiana. Pimco will handl...