PE firms want software deals, but lenders don’t want to fund them
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PE firms want software deals, but lenders don’t want to fund them

Private equity dealmakers chasing software deals have found themselves running into a wall: Industry linchpins that had long been their go-to lenders for financing have gone quiet. The pullback from software lending, triggered by the threat of AI’s ability to upend businesses, spans across the private credit market, but some big managers have been particularly…

Target Hiked Its Dividend by 1.8%. It’s Not Enough to Change the Thesis for TGT Stock.
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Target Hiked Its Dividend by 1.8%. It’s Not Enough to Change the Thesis for TGT Stock.

Retail dividend stocks have been getting a lot of attention lately. With tariffs, tighter margins, and a more cautious consumer weighing on the market, many investors have been moving into high-yield names for stability. These dividend-paying stocks have acted as a buffer during the recent selloff that pushed the SPDR S&P 500 ETF Trust (SPY) below…

AMD deal sparks Rackspace stock surge as company cuts jobs
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AMD deal sparks Rackspace stock surge as company cuts jobs

Rackspace Technology (RXT) runs the infrastructure that many enterprises rely on when they want managed cloud services without building everything in-house. The San Antonio-based company operates across public and private cloud segments, handling the compute, storage, and security layers that sit between a business and its data. For years, that model worked. Now it is…

Stock market today: Dow rises, S&P 500 and Nasdaq slip ahead of Fed rate decision
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Stock market today: Dow rises, S&P 500 and Nasdaq slip ahead of Fed rate decision

The International Energy Agency is predicting an oil glut coming to market in 2027, as the war in Iran looks to wind down and global demand falls. “Our first look at 2027 balances shows a significant overhang emerging next year,” the IEA wrote in its most recent monthly market report on Wednesday. “This may provide…

Mark Cuban has a blunt response to Coinbase CEO
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Mark Cuban has a blunt response to Coinbase CEO

After Coinbase CEO Brian Armstrong called for a rethink of accredited investor laws in the United States, billionaire investor Mark Cuban replied on June 16 with a blunt line on X: ā€œJust sell em MemeCoins Brian!ā€ It was short, sarcastic, and very Cuban. But behind the joke sits a serious criticism of how American markets…

Everyone’s a Genius at All-Time Highs
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Everyone’s a Genius at All-Time Highs

Publisher’s Note: The market’s at an all-time high. But the real story is happening beneath the surface. Capital is rotating. Fast. Tomorrow, June 17 at 2 p.m. ET, JC Parets breaks down what’s actually working right now… the sectors pulling money, the technical setups worth watching, and what’s developing inside the Mag 7. Plus, see the post-SpaceX rotation play…

Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure
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Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure

By Jaspreet Singh and Aditya Soni June 16 (Reuters) – Snap CEO Evan Spiegel told Reuters the company’s new Specs augmented-reality ā€Œglasses are part of its long-term strategy, pushing back ā€Œon activist investor demands to shut down or spin off the cash-burning unit ​behind the device. The Snapchat parent launched the device, its first consumer…

US single-family housing starts slide to eight-month low; imported inflation increases sharply
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US single-family housing starts slide to eight-month low; imported inflation increases sharply

By Lucia Mutikani WASHINGTON, June 16 (Reuters) – U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the housing market could remain a drag on economic growth in the second quarter. The decline combined with a plunge in multi-family housing starts to push down…

John Wiley & Sons, Inc. Q4 2026 Earnings Call Summary
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John Wiley & Sons, Inc. Q4 2026 Earnings Call Summary

John Wiley & Sons, Inc. Q4 2026 Earnings Call Summary – Moby Strategic Performance and Market Positioning Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why it’s our #1 pick. Tap here. Management characterizes fiscal 2026 as a ‘breakout year’…

Elon Musk could lose nearly  trillion and still be the world’s richest person
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Elon Musk could lose nearly $1 trillion and still be the world’s richest person

Elon Musk has been the world’s richest person for a long time, but he has never seen wealth on this level. No one has. As SpaceX’s (NASDAQ: SPCX) stock price has continued to soar, so too has Musk’s net worth. And it has reached the point that Musk could lose $1 trillion and still sit…

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