The turmoil currently sweeping through the $3 trillion private credit market has investors stampeding out of the funds.
Author: Barry
Post
U.S. Treasurys look like the bad boyfriend at the start of a Hallmark movie, finance expert says
“I think one thing to keep in mind is that currently markets don’t have a better, great option than U.S. Treasury debt,” Yale Budget Lab’s executive director Martha Gimbel told the Senate Finance Committee on Wednesday.
Post
Home Robot Maker Sunday Hits $1.15 Billion Valuation
Sunday, the maker of a robot for housework, has raised $165 million Series B at a $1.15 billion valuation. CEO Tony Zhao discusses the company’s plans to begin beta testing its robots in homes later this year. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Post
Trump and Iran Strike Defiant Tone as Oil Markets See Little Relief
President Donald Trump and Iran’s new supreme leader both struck defiant tones on the 13th day of the war, offering little relief to energy markets despite fresh US efforts to curb oil prices.
Post
Meet LITRO: The tokenized crude project to start pilot testing soon for 2027 debut
LITRO aims to modernize the $6 trillion oil market by replacing slow, paper-based settlement with 24/7, on-chain trading and redemption.
Post
Netflix to Pay as Much as $600 Million for Ben Affleck’s AI Firm
Netflix Inc. will pay as much as $600 million for InterPositive, the AI moviemaking company founded by Ben Affleck, according to people familiar with the matter, making the purchase one of the biggest ever by the streaming leader.
Post
Oil prices edge higher against backdrop of historic reserves release
400mn barrels of crude made available as governments race to tackle energy shock
Post
Why the IEA’s largest-ever release of oil reserves is pushing up crude prices
The largest-ever release of oil from the International Energy Agency’s emergency stockpiles lifted prices for the commodity up by nearly 5% on Wednesday.
Post
Trump Touts Strikes on Iran, Downplays Mine Threat in Hormuz
President Donald Trump said he didn’t believe Iran was laying mines in the Strait of Hormuz and repeated his suggestion that the war would end soon, even as the confirmation of an emergency oil release did little to calm volatile markets.
Post
Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet
Agentic commerce holds promise, but data shows that x402 is still in the trial phase