Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. A major player on Wall Street may be CLOsing in on CLOs. Goldman Sachs is the lead bidder to buy Kansas-based Palmer Square Capital Management, a collateralized loan obligation powerhouse overseeing $37 billion, Bloomberg reported…
By Claire Fu, Chenxi Yang and Nicoco Chan SINGAPORE/LIANYUNGANG, China, Sept 23 (Reuters) – From pre-bleached straight hair wigs to wavy clipped extensions and blinged-out coffin-shaped nails, sales of Chinese-made beauty accessories are surging across the United States. While friction over soaring Chinese exports of high-profile items such as cars and batteries forms the backdrop…
Key Points Interested in Bank Of Montreal? Here are five stocks we like better. Loan demand is accelerating: BMO reported that loan closings nearly doubled from last year, with strong commercial-lending pipelines and continued client activity despite Canada-U.S. trade uncertainty. Returns are improving broadly: Third-quarter ROE rose to 14% from 9.8% at the end of…
Strive CEO Matt Cole says Bitcoin (BTC) could effectively go to infinity against the US dollar, arguing that a mounting Washington debt crisis, not Bitcoin’s own scarcity, is what will ultimately break the currency’s value. Cole made the comments on Bloomberg Crypto, as digital assets have reclaimed $3 trillion in market value since January. Strive,…
Grant Cardone took to X to announce he will pay 10 BTC, worth several hundred thousand dollars, to whoever brings him a qualified buyer for his 2024 Global 7500 jet. The aircraft in question has four cabins and just 200 hours of flight time, still under warranty. The catch: simply naming a prospect or tagging…
It was big news when the value of Apple (AAPL) surpassed $1 trillion. And heads turned when Nvidia (NVDA) reached the trillion-dollar club in record time. But now a dozen S&P 500 companies have done it. Twelve S&P 500 companies, including Nvidia, Apple and now Advanced Micro Devices (AMD), sport market values of $1 trillion…
By Erwin Seba HOUSTON, Sept 22 (Reuters) – Oil prices fell on Tuesday on increasing flows of Saudi crude with the restart of the East-West pipeline and ship movements through the Strait of Hormuz, through which 20% of global supply moved before the US-Israeli war on Iran began in late February. Brent and US crude…
CorpGov hosted the second LA CorpGov Forum on Sept. 18, 2026, at The Huntington Library in San Marino, California. This event brought together members of the financial community from both LA and beyond in panels focused on the finance of entertainment and media, sports, along with capital markets and shareholder activism. Thomas W. Hulick, CEO, Managing…
Key Points Interested in Arm Holdings PLC Sponsored ADR? Here are five stocks we like better. Meta Platforms’ Muse has focused investor attention on the CPU demands of agentic AI, helping push Arm Holdings shares sharply higher. Arm Holdings is expanding beyond its traditional licensing model, with more than $2 billion in customer demand for…
Orders were particularly strong in international contract, and continued to grow in global retail, while North America contract orders were softer than we anticipated. At the same time, several of our internal demand indicators and customer verticals remain quite constructive. We are encouraged by the progress our teams are making against this backdrop, and by…
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