In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco, California, on Feb. 2, 2026. David Paul Morris | Bloomberg | Getty Images Amazon's annual Prime Day event is scheduled to last four days — June 23 through June 26 — for a second straight year. Launched in 2015, Prime Day is Amazon's effort at creating a holiday season-like shopp...
In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco, California, on Feb. 2, 2026. David Paul Morris | Bloomberg | Getty Images Amazon's annual Prime Day event is scheduled to last four days — June 23 through June 26 — for a second straight year. Launched in 2015, Prime Day is Amazon's effort at creating a holiday season-like shopping event in the middle of the year. It's also served as a way for Amazon to secure new members for its $139-a-year loyalty program, and to promote its own products and services. Jamil Ghani, Amazon's vice president of Prime, said in an interview that the company opted to keep the extended timeframe after observing Prime members browsing and purchasing items throughout the entire four-day period last year . The company will offer limited-time deals and new discounts each day to entice shoppers to participate in more than one day of the event, Ghani added. But Amazon is contending with a difficult economy, as U.S. consumer sentiment dropped in May to a record low, according to data collected by the University of Michigan. Surging oil prices and the U.S.-Iran war were primarily to blame for worsening sentiment, while many respondents , especially lower-income consumers, said high prices were eating into their personal finances. Groceries and household essentials will be a "real focus" of this year's promotions, Ghani said. Shoppers will see produce, hot dog buns and meats for as low as $1, while some personal care items like soap are expected to be half off. Consumers have been using Prime Day and other discount events to stock up on utility items over indulgences. In recent years, against an uncertain economic backdrop, shoppers have reached for trash bags and dishwasher pods during Prime Day, in addition to the usual favorites like Instant Pots and Echo smart speakers. "Of course, we're sensitive and cognizant that there's economic uncertainty and everyone's trying to make ...
Sandisk (NASDAQ: SNDK) has arguably been the stock of the year so far in 2026, soaring by over 600% in just five months. Normally, when I see a stock rising that much, that fast, I assume it's a meme stock or that the company in question is caught up in a bubble. However, I don't think that's the case here. There are multiple reasons why Sandisk's stock has been a great performer so far, and there...
Sandisk (NASDAQ: SNDK) has arguably been the stock of the year so far in 2026, soaring by over 600% in just five months. Normally, when I see a stock rising that much, that fast, I assume it's a meme stock or that the company in question is caught up in a bubble. However, I don't think that's the case here. There are multiple reasons why Sandisk's stock has been a great performer so far, and there are three in particular that give me reason to think it can still go higher from here. Image source: Getty Images. Continue reading
French asset manager Eurazeo SE has raised €3.9 billion ($4.5 billion) for its latest flagship direct lending fund, another sign that investors are gravitating to Europe as the private credit boom enters a more uncertain phase in the US. Eurazeo Private Debt VII will focus on lending to lower mid-market companies in Europe. Including separately managed accounts and capital raised through private-w...
French asset manager Eurazeo SE has raised €3.9 billion ($4.5 billion) for its latest flagship direct lending fund, another sign that investors are gravitating to Europe as the private credit boom enters a more uncertain phase in the US. Eurazeo Private Debt VII will focus on lending to lower mid-market companies in Europe. Including separately managed accounts and capital raised through private-wealth channels, the strategy has attracted €5.5 billion, according to the firm. About 65% of the capital has already been invested across more than 70 companies. The fundraising comes as institutional investors look beyond the US, where private credit managers have been hit by a wave of retail redemptions and concern over their huge bet on software companies. Europe-focused private credit funds accounted for 46% of global fundraising during the first three quarters of 2025, a sharp increase from 23% in 2024, according to Preqin data. Bridgepoint Group Plc is also poised to raise about €5 billion for its latest European direct-lending vehicle. For years, European private credit managers struggled to attract the same level of attention as their US peers. Investors, particularly in Asia, often favored the larger and more established American market, according to François Lacoste , a managing partner for private debt at Eurazeo. “For a long time it was quite difficult to raise money from the region,” he said. Europe’s weaker economic outlook and more complex legal systems were often seen as obstacles. Today, those barriers to entry are being framed as advantages. “Lots of money flowed into the US, including from retail investors,” Lacoste said. “More money leads to higher leverage and less discipline.” Read More: Private Credit Funds Outside US Stress How Non-American They Are European lenders including Pemberton Asset Management highlight that the turmoil in private credit this year — much of it linked to software exposure and redemptions from retail-focused funds — has largel...
Robert Way/iStock Editorial via Getty Images At least seven Chinese universities that support the country’s armed forces and defense industry are reportedly seeking access to Nvidia's ( NVDA ) H200 chips, the most powerful artificial intelligence processors ever allowed by the U.S. to be sold in China. Two of the institutions that have expressed interest in the H200 chips — Beihang University and ...
Robert Way/iStock Editorial via Getty Images At least seven Chinese universities that support the country’s armed forces and defense industry are reportedly seeking access to Nvidia's ( NVDA ) H200 chips, the most powerful artificial intelligence processors ever allowed by the U.S. to be sold in China. Two of the institutions that have expressed interest in the H200 chips — Beihang University and Northwestern Polytechnical University — rank among China’s “Seven Sons of National Defense,” an elite group dedicated to aiding the People’s Liberation Army, Bloomberg reported. Both schools have been blacklisted by the US Commerce Department owing to their work advancing China’s military. Records reviewed by Bloomberg News show that Beihang’s School of Cyber Science and Technology, which says it has “national defense characteristics and aerospace advantages,” is pursuing a lease to use the Nvidia chips. NWPU’s School of Cyberspace Security is also seeking to rent access to H200s, according to the records. The school says it carries out important national cyber tasks, has a national defense innovation team, and that many graduates go on to serve in military units. The report also identified more than 25 Chinese universities and labs that collaborate with the country’s military and defense industry that are either already using or seeking to obtain older generation Nvidia chips, according to records dating back to 2011. Six of the universities are on the Commerce Department’s blacklist due to an agency determination that their work with the PLA — including developing missiles and nuclear technology — threatens US national security. Several blacklisted entities say on their websites that they are already using the older generation Nvidia chips. It’s unclear whether any of the schools succeeded in obtaining access to the newer H200 chips or what specifically they would do with them if they did. The Bloomberg review didn’t turn up any evidence of wrongdoing, such as violations ...