Markets
Markets
AI Valuation Concentration Raises Risk of Market Correction
The risk of an AI-driven correction in global equity markets is rising, and the mechanics behind that risk are now well understood...
Markets
CoreWeave Debt Trades at Distressed Levels as AI Financing Model Faces Stress
CoreWeave’s debt is now trading at levels that meet a common definition of distress, a striking signal for a company that sits...
Markets
Treasuries Rally as AI Turbulence Drives Flight to Safety
US government bonds rallied as investors rotated out of riskier assets, seeking the safety of Treasuries amid renewed turbulence in the artificial...
Markets
Perella Weinberg and Piper Sandler Abandon Merger Talks
Perella Weinberg Partners and Piper Sandler have abandoned merger talks that would have combined two of Wall Street’s major independent investment banks,...
Markets
Location Selectors Reveal the Economics of Digital Pricing Strategy
Digital publishers have long treated geography as a proxy for willingness to pay, and the location selector that greets visitors before they...
Markets
Nike Slashes Jobs, Forecasts Revenue Decline as Turnaround Stalls
Nike set out plans to cut jobs and forecast a decline in revenue for the coming fiscal year as demand for its...
Markets
White House Weighs Diesel Export Ban as Midterm Pressure Mounts
The White House is weighing emergency action to curb diesel exports as President Donald Trump faces mounting political pressure over a fuel-price...
Markets
Oil and Treasury Yields Move in Lockstep, Reshaping Portfolio Hedges
The relationship between crude oil prices and US Treasury yields has tightened to a degree not seen since 1990, a development that...
Markets
Nvidia Courts Insurers to Underwrite AI Chip Financing Risk
Nvidia has opened talks with insurance companies about underwriting some of the risks tied to lending against its artificial intelligence chips, a...
Markets
HSBC Shifts HK$11bn of Loans Off Hang Seng’s Balance Sheet
HSBC has moved HK$11bn (US$1.4bn) of loans off the balance sheet of Hang Seng Bank in the first half of the year,...