Global credit markets are running at their hottest in two decades, prompting some of the world’s biggest money managers to warn against complacency about the risks. Yield premiums on corporate debt have fallen to just over one percentage point, the least since June 2007, amid confidence about the economic outlook, a Bloomberg index of bonds across currencies and ratings shows. On "Bloomberg Real Y...
Global credit markets are running at their hottest in two decades, prompting some of the world’s biggest money managers to warn against complacency about the risks. Yield premiums on corporate debt have fallen to just over one percentage point, the least since June 2007, amid confidence about the economic outlook, a Bloomberg index of bonds across currencies and ratings shows. On "Bloomberg Real Yield", Matthew Mish, head of credit strategy at UBS Investment Bank, and Matt Brill, head of North American investment grade credit at Invesco, talk with Bloomberg's Scarlet Fu about the credit market. (Source: Bloomberg)
A capital injection into the semiconductor supply chain creates guaranteed revenue for the companies building the infrastructure of the digital economy.
A capital injection into the semiconductor supply chain creates guaranteed revenue for the companies building the infrastructure of the digital economy.
Hedge fund Roscommon Analytics is moving to close its gas trading business following losses in the energy market, according to people familiar with the matter. The fund lost money in the US power market last year, according to the people, who were not authorized to speak publicly because the information is confidential. A number of both US gas and power traders were let go. “Roscommon is managing ...
Hedge fund Roscommon Analytics is moving to close its gas trading business following losses in the energy market, according to people familiar with the matter. The fund lost money in the US power market last year, according to the people, who were not authorized to speak publicly because the information is confidential. A number of both US gas and power traders were let go. “Roscommon is managing through a challenging period but remains well capitalized and operating in an orderly manner. We have the support of our investors and are focused on executing our strategy with discipline. We do not comment on specific trading positions or performance,” said founder and CEO Kevin Kelley in a statement to Bloomberg. Roscommon will retain a subset of power traders known as financial transmission rights (FTR) traders. Hedge funds have expanded their presence in commodity trading enormously since the pandemic in search of new sources of returns, but the environment is turbulent. US President Donald Trump’s tariffs on key trading partners have whipsawed commodities from energy to metals, spurring a jump in demand for cross-commodities and volatility portfolio managers and traders. The Houston-based firm had regulatory assets under management of $1.36 billion at the end of 2024 and employed about 100 people, according to its most recent filing with US regulators. The firm’s filing at the time said it “focuses predominantly on the energy commodity markets” in regions including the US and Europe. Roscommon had recently built out its US natural gas trading desk with the hiring of former Hartree gas trader Michael Ciano in 2025 and two former PetroChina International America traders in January 2024.
Federal Reserve Vice Chair Philip Jefferson says he is "cautiously optimistic" about the path ahead for the US economy and sees current monetary policy as "well positioned" during an event in Boca Raton, Florida. (Source: Bloomberg)
Federal Reserve Vice Chair Philip Jefferson says he is "cautiously optimistic" about the path ahead for the US economy and sees current monetary policy as "well positioned" during an event in Boca Raton, Florida. (Source: Bloomberg)
Halfpoint Images | Moment | Getty Images As President Donald Trump embraces more policy focused on affordability , some lawmakers have pushed to expand tax credits for families. The Republican Study Committee this week released a framework for a second budget bill, known as "Reconciliation 2.0," which outlines priorities like homeownership , health care , energy prices and financial support for fa...
Halfpoint Images | Moment | Getty Images As President Donald Trump embraces more policy focused on affordability , some lawmakers have pushed to expand tax credits for families. The Republican Study Committee this week released a framework for a second budget bill, known as "Reconciliation 2.0," which outlines priorities like homeownership , health care , energy prices and financial support for families. Another reconciliation bill has support from House Speaker Mike Johnson and House Budget Committee Chairman Jodey Arrington , R-Texas., among others. One proposal from the framework would expand access to the child and dependent care tax credit , or CDCTC, which partially offsets up to $6,000 of care expenses for two or more "qualifying individuals" — typically children under age 13 — when parents who file taxes jointly both work. The CDCTC is often confused with the child tax credit , or CTC, of up to $2,200 per child under age 17 for t he 2025 tax year . One key difference is the CTC doesn't require both parents who file taxes jointly to earn income. Read more CNBC personal finance coverage Trump pitches direct payments for health care. What policy experts say about it Students forgo four-year degrees in favor of community college, certificate programs Over 800,000 student loan borrowers in backlog for forgiveness, repayment plans Underwater car trade-ins are on the rise — and drivers owe a record amount This IRS deadline is a 'chance to catch up' on your 2025 taxes, expert says Workers have $2.75 billion saved in state-run retirement accounts — what to know More Americans expect to miss a debt payment: What that does to your credit score Student loan borrowers in default may miss Trump's 'largest tax refund season' IRS could see modest budget cut as Congress proposes funding plans As enhanced ACA subsidies lapse, millions poised to drop health insurance Bigger tax refunds are coming for 2026 — what it could mean for the economy Here's the inflation breakdown for ...
Streaming is a crowded and brutally competitive business, requiring big investments in content and a constant drumbeat of hits to keep subscribers coming back. For a company to succeed in the space, it needs not only an expansive library of great content but also a lot of cash for future content. Netflix (NASDAQ: NFLX) , of course, fits the bill. But so does Apple (NASDAQ: AAPL) . And Apple also h...
Streaming is a crowded and brutally competitive business, requiring big investments in content and a constant drumbeat of hits to keep subscribers coming back. For a company to succeed in the space, it needs not only an expansive library of great content but also a lot of cash for future content. Netflix (NASDAQ: NFLX) , of course, fits the bill. But so does Apple (NASDAQ: AAPL) . And Apple also has unique structural advantages: A complementary services business it can bundle with its Apple TV offerings and a more diversified and financially robust business that enables it to take bigger swings on content deals without changing the risk profile of the overall business. Given how established Apple 's overall business is, and how its streaming service is just one small portion of a thriving services business, the iPhone maker is arguably one of the few companies in the world that can treat streaming as a long game, not a quarter-to-quarter fight. Even more, I believe that it is finally putting some real weight behind its streaming business. And it's working. This is not to say Netflix is in trouble. It is still the category leader, and its business appears to be firing on all cylinders. But Apple has a set of advantages that most streaming service rivals do not, and it is starting to use them more visibly. Continue reading
On Friday, OpenAI announced it will begin testing advertisements inside the ChatGPT app for some US users in a bid to expand its customer base and diversify revenue. The move represents a reversal for CEO Sam Altman, who in 2024 described advertising in ChatGPT as a "last resort" and expressed concerns that ads could erode user trust, although he did not completely rule out the possibility at the ...
On Friday, OpenAI announced it will begin testing advertisements inside the ChatGPT app for some US users in a bid to expand its customer base and diversify revenue. The move represents a reversal for CEO Sam Altman, who in 2024 described advertising in ChatGPT as a "last resort" and expressed concerns that ads could erode user trust, although he did not completely rule out the possibility at the time. The banner ads will appear in the coming weeks for logged-in users of the free version of ChatGPT as well as the new $8 per month ChatGPT Go plan, which OpenAI also announced Friday is now available worldwide. OpenAI first launched ChatGPT Go in India in August 2025 and has since rolled it out to over 170 countries. Users paying for the more expensive Plus, Pro, Business, and Enterprise tiers will not see advertisements. Read full article Comments
Seeking Alpha's roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks. OpenAI ( OPENAI ) said it plans to test placing ads within certain ChatGPT replies, but that AI responses won't be influenced by them. In a
Seeking Alpha's roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks. OpenAI ( OPENAI ) said it plans to test placing ads within certain ChatGPT replies, but that AI responses won't be influenced by them. In a
Their "Democracy" Is Nothing More Than A Gigantic Engine Of Grift Authored by James Howard Kunstler, Act Now! "The more contradiction you carry, the more reality resists you. Because you’re fracturing the signal with every step." - SightBringer on "X" Don’t be too surprised if sometime later this day, Friday, the president invokes the Insurrection Act to tranquilize the city of Minneapolis, since ...
Their "Democracy" Is Nothing More Than A Gigantic Engine Of Grift Authored by James Howard Kunstler, Act Now! "The more contradiction you carry, the more reality resists you. Because you’re fracturing the signal with every step." - SightBringer on "X" Don’t be too surprised if sometime later this day, Friday, the president invokes the Insurrection Act to tranquilize the city of Minneapolis, since aerial spraying of Olanzapine is probably out of the question. Where, oh where, are the mythologized “nice,” and “above-average” people of Minnesota, once praised in song and sketch on those long-ago Saturday nights of The Prairie Home Companion ? They have been replaced by a mutant army of psychotic Transtifa wendigos on the payroll of Arabella Advisors (now operating as Sunflower Services), or the Tides Foundation, or some other Soros-connected money-laundry . And many have come from other states, possibly even other nations (or planets), to join the Cluster-B viragos native to the city in the crusade to defend “Joe Biden’s” legion of illegally imported Democratic Party voters. This acute agitation in the streets against federal officers is obviously and brazenly abetted by those in charge: Governor Tim Walz, Mayor Jacob Frey, and Attorney General Keith Ellison. Walz is a huckleberry for the ages. Did you catch his smarmy sob-story act the day before yesterday, weeping for his “communities” and “neighbors-of-color,” “who continue to stand up for freedom with empathy, blah blah.” Who does this fraudster think he is kidding with his act? Perhaps the erstwhile normies of his own sadly-deranged state, those Norwegian bachelor farmers, red-cheeked farm girls, and spelling bee champs of the Great Plains, sulking in a state of permanent cringe out in St. Cloud, Red Lake, and Sleepy Eye. It’s a wonder that these folks didn’t form a mob of their own and converge on the Governor’s mansion in St. Paul with pitchforks, torches, and thirty-odd feet of good organic sisal rope. Apparent...
Techa Tungateja Artificial intelligence voice generator startup ElevenLabs is in discussions to raise funding at a $11B valuation, the Financial Times reported. ElevenLabs could raise hundreds of million of dollars from investors, the news outlet added , citing people familiar with the matter. The new
Techa Tungateja Artificial intelligence voice generator startup ElevenLabs is in discussions to raise funding at a $11B valuation, the Financial Times reported. ElevenLabs could raise hundreds of million of dollars from investors, the news outlet added , citing people familiar with the matter. The new
CoreWeave (NASDAQ: CRWV) has posted explosive gains amid surging demand for artificial intelligence (AI) data center services. Since the market close on the day of the company's initial public offering (IPO), the stock has risen approximately 119%. On the other hand, shares are also down 52% from the 52-week high it hit in June. With a market capitalization of approximately $39 billion, CoreWeave ...
CoreWeave (NASDAQ: CRWV) has posted explosive gains amid surging demand for artificial intelligence (AI) data center services. Since the market close on the day of the company's initial public offering (IPO), the stock has risen approximately 119%. On the other hand, shares are also down 52% from the 52-week high it hit in June. With a market capitalization of approximately $39 billion, CoreWeave is valued at approximately 3.6 times expected forward sales. Given the company's incredible rate of sales expansion, the stock could actually look quite cheap on a price-to-sales basis -- but there are some big questions connected to the business's infrastructure buildout and path to profitability. Read on for a look at the crucial issue that could shape the stock's performance. Continue reading
March NY world sugar #11 (SBH26 ) on Friday closed up +0.39 (+2.68%). March London ICE white sugar #5 (SWH26 ) closed up +10.20 (+2.44%). Sugar prices settled sharply higher on Friday amid fund short covering ahead of a three-day weekend in the US, with markets closed on Monday for...
March NY world sugar #11 (SBH26 ) on Friday closed up +0.39 (+2.68%). March London ICE white sugar #5 (SWH26 ) closed up +10.20 (+2.44%). Sugar prices settled sharply higher on Friday amid fund short covering ahead of a three-day weekend in the US, with markets closed on Monday for...
March ICE NY cocoa (CCH26 ) on Friday closed up +110 (+2.22%). March ICE London cocoa #7 (CAH26 ) closed up +62 (+1.70%). Cocoa prices moved higher on Friday as a smaller-than-expected decline in Asian cocoa grindings sparked short covering in cocoa futures. The Cocoa Association of Asia on Friday...
March ICE NY cocoa (CCH26 ) on Friday closed up +110 (+2.22%). March ICE London cocoa #7 (CAH26 ) closed up +62 (+1.70%). Cocoa prices moved higher on Friday as a smaller-than-expected decline in Asian cocoa grindings sparked short covering in cocoa futures. The Cocoa Association of Asia on Friday...
March arabica coffee (KCH26 ) on Friday closed down -2.80 (-0.78%). March ICE robusta coffee (RMH26 ) closed down -3 (-0.07%). Coffee prices gave up an early advance on Friday and settled lower after updated weather forecasts boosted the chance of rain in Brazil's coffee-growing areas over the next week....
March arabica coffee (KCH26 ) on Friday closed down -2.80 (-0.78%). March ICE robusta coffee (RMH26 ) closed down -3 (-0.07%). Coffee prices gave up an early advance on Friday and settled lower after updated weather forecasts boosted the chance of rain in Brazil's coffee-growing areas over the next week....