Michael M. Santiago/Getty Images News Goldman Sachs' ( GS ) asset management arm is in early talks with investors to raise at least $10B for a global direct lending fund, people with knowledge of the matter told Bloomberg News . The news comes amid an ongoing crisis in the $1.8 trillion private credit market. The West Street Loan Partners VI fund is expected to target companies across North Americ...
Michael M. Santiago/Getty Images News Goldman Sachs' ( GS ) asset management arm is in early talks with investors to raise at least $10B for a global direct lending fund, people with knowledge of the matter told Bloomberg News . The news comes amid an ongoing crisis in the $1.8 trillion private credit market. The West Street Loan Partners VI fund is expected to target companies across North America, Europe, and Australia that generate over $100M in earnings before interest, taxes, depreciation, and amortization. On the private credit fund, GS is said to be targeting returns of between 10% and 12% on a levered basis and 6% and 7% on an unlevered basis. At least 80% of the portfolio is expected to consist of senior loan positions, the Thursday, March 19, report noted. The investment banking giant has maintained a long-standing presence in private credit, Bloomberg noted. More on Goldman Sachs Goldman Sachs Remains A Stock To Hold, Despite Uncertainty In Markets (Downgrade) Goldman Sachs: Excellent Business But Thin Margin Of Safety The Goldman Sachs Group, Inc. (GS) Presents at UBS Financial Services Conference 2026 Transcript Goldman Sachs, JPMorgan, BofA offer products that let hedge funds bet against private credit market - report Banks ramp up Middle East security measures amid Iran conflict - report
Here are some of the stocks making headlines in midday trading. Oil companies — Shares of oil companies were higher after Brent crude futures briefly topped $119 per barrel. APA gained 5%, while SLB and Baker Hughes advanced more than 4%. Diamondback Energy jumped nearly 2%. Accenture — The IT company's shares popped 6% after second-quarter results surpassed Wall Street's estimates. Accenture post...
Here are some of the stocks making headlines in midday trading. Oil companies — Shares of oil companies were higher after Brent crude futures briefly topped $119 per barrel. APA gained 5%, while SLB and Baker Hughes advanced more than 4%. Diamondback Energy jumped nearly 2%. Accenture — The IT company's shares popped 6% after second-quarter results surpassed Wall Street's estimates. Accenture posted earnings of $2.93 per share on revenue of $18.04 billion, while the FactSet consensus sought $2.84 per share and $17.84 billion. Tesla — The electric vehicle manufacturer saw shares fall nearly 3% after the Wall Street Journal reported that the National Highway Traffic Safety Administration is stepping up its investigation of Tesla's so-called Full Self-Driving system. Rivian Automotive — The electric vehicle company's shares advanced more than 3% after Uber said it plans to invest up to $1.25 billion in Rivian in a deal to launch up to 50,000 robotaxis in several countries through 2031. Uber was last down more than 1%. Bitcoin-linked stocks — Shares of companies linked to bitcoin slid alongside the flagship cryptocurrency. Bitcoin was last down nearly 3%, trading at about $69,200. Bitcoin treasury play Strategy saw shares tumble close to 3%, while crypto trading platform Coinbase fell 2%. Signet Jewelers — The jewelry retailer saw shares jump nearly 10% on the heels of a fourth-quarter earnings beat. Signet posted adjusted earnings of $6.25 per share, topping the $6.11 per share FactSet consensus estimate. Revenue for the period came in at $2.35 billion, in line with expectations. Micron Technology — Shares shed 5%. Micron reported a blowout quarter , with its adjusted earnings of $12.20 per share handily topping the $9.31 consensus estimate, per LSEG. Its revenue was $23.86 billion, compared to the $20.07 billion expected from analysts. Investors may have focused on comments about increased spending to ramp up output. Alibaba — U.S.-listed shares traded 7% lower after ...
watch now VIDEO 5:04 05:04 Americans drop health care insurance coverage as premiums surge Markets and Politics Digital Original Video Many Americans are feeling the financial pain following the expiration of enhanced federal subsidies for Affordable Care Act marketplace health insurance. About 1 in 10 people — 9% — who were enrolled in an ACA marketplace health plan last year are now uninsured fo...
watch now VIDEO 5:04 05:04 Americans drop health care insurance coverage as premiums surge Markets and Politics Digital Original Video Many Americans are feeling the financial pain following the expiration of enhanced federal subsidies for Affordable Care Act marketplace health insurance. About 1 in 10 people — 9% — who were enrolled in an ACA marketplace health plan last year are now uninsured following the lapse of enhanced subsidies that reduced their monthly premiums, according to a new survey by KFF, a nonpartisan health policy research group. Many more people said they downgraded health insurance or face financial stress due to higher costs for health care, according to the poll. The lapse of enhanced premium tax credits led health premiums to more than double for the average ACA enrollee in 2026, according to KFF. About 22 million people — more than 90% of all ACA enrollees — received those subsidies last year. "Returning enrollees are really struggling with costs," said Lunna Lopes, a senior survey manager at KFF. KFF polled 1,117 U.S. adults who were enrolled in an ACA marketplace health plan in 2025 to gauge how they responded to changes in the marketplace. They were surveyed between Feb. 12 and March 2, 2026. Health care could sway midterm elections An Obamacare sign sits in front of an insurance agency on Nov. 12, 2025 in Miami, Florida. Joe Raedle | Getty Images The anxiety over higher health care costs comes as Americans were already nervous about affordability . The war in Iran, initiated by the U.S. and Israel on Feb. 28, has also driven up gasoline prices and threatens to raise inflation for groceries and other areas of household budgets. Health care costs — and affordability more broadly — are poised to be a potent political force ahead of this year's midterm elections in November, according to political analysts. More than half of returning enrollees to the ACA marketplace put "a lot" of blame on congressional Republicans and President Donald Trum...
The independent committee established for the fire at Wang Fuk Court held its first round of hearings on March 19 to hear evidence on matters listed in its terms of reference. Photo: CCTV News A discarded cigarette butt from a construction worker was likely the source of the massive blaze at Hong Kong’s Wang Fuk Court in November that killed 168 people, an independent commission of inquiry said at...
The independent committee established for the fire at Wang Fuk Court held its first round of hearings on March 19 to hear evidence on matters listed in its terms of reference. Photo: CCTV News A discarded cigarette butt from a construction worker was likely the source of the massive blaze at Hong Kong’s Wang Fuk Court in November that killed 168 people, an independent commission of inquiry said at its first hearing Thursday. Senior Counsel Victor Dawes, the lead lawyer for the independent committee, said evidence indicates the fire began when a lit cigarette landed on flammable debris piled in a lightwell, igniting one of the deadliest fires in the city’s history.
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday shared an update on the company’s semiconductor plans, indicating that the firm may “tape out” its next-generation AI6 chip by December 2026. In chip manufacturing, tape-out marks the finalization of a design before production at a foundry....
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday shared an update on the company’s semiconductor plans, indicating that the firm may “tape out” its next-generation AI6 chip by December 2026. In chip manufacturing, tape-out marks the finalization of a design before production at a foundry....
It's March Madness and Alex Rodriguez and Jason Kelly sat down with David Levy, the man who made it possible to watch the NCAA tournament on national TV. You can listen to the full episode wherever you get your podcasts (Source: Bloomberg)
It's March Madness and Alex Rodriguez and Jason Kelly sat down with David Levy, the man who made it possible to watch the NCAA tournament on national TV. You can listen to the full episode wherever you get your podcasts (Source: Bloomberg)
What happened According to a February 17, 2026, SEC filing, Adams Wealth Management sold 51,678 shares of BlackRock ETF Trust II - iShares AAA CLO Active ETF (CLOA +0.02%) during the fourth quarter of 2025. The estimated value of the transaction was $2.68 million, calculated using the average closing price for the quarter. The fund’s quarter-end position in CLOA was valued at $10.00 million, refle...
What happened According to a February 17, 2026, SEC filing, Adams Wealth Management sold 51,678 shares of BlackRock ETF Trust II - iShares AAA CLO Active ETF (CLOA +0.02%) during the fourth quarter of 2025. The estimated value of the transaction was $2.68 million, calculated using the average closing price for the quarter. The fund’s quarter-end position in CLOA was valued at $10.00 million, reflecting a total decrease in position value of $2.73 million, which includes both share sales and price changes. What else to know This sale reduced the CLOA stake from 2.7% to 2.1% of Adams Wealth Management’s 13F reportable assets as of December 31, 2025. Top holdings after the filing: NYSEMKT: SCHX: $56,921,745 (12.1% of AUM) NYSEMKT: IVV: $28,255,733 (6.0% of AUM) NYSEMKT: EWY: $15,891,387 (3.4% of AUM) NYSEMKT: EUAD: $15,107,270 (3.2% of AUM) NASDAQ: GRID: $14,578,674 (3.1% of AUM) As of February 18, 2026, CLOA was priced at $51.89 per share, up 5.4% over the past year, but underperforming the S&P 500 by 6.9 percentage points. ETF overview Metric Value AUM 1.58 billion Price (as of market close 2/18/26) $51.89 Dividend yield 5.27% 1-year total return 5.4% ETF snapshot The iShares AAA CLO Active ETF offers institutional and individual investors targeted access to the AAA-rated segment of the CLO market, combining active management with rigorous credit selection. The fund is structured as a non-diversified ETF, offering investors exposure to investment-grade CLOs with a competitive annualized yield and a transparent, exchange-listed vehicle. The fund actively manages a portfolio of U.S. dollar-denominated collateralized loan obligations (CLOs) rated AAA or equivalent, seeking to provide a high level of current income while preserving capital. Its strategy emphasizes capital preservation and income generation through investment in high-quality structured credit instruments. The fund's competitive yield profile and focus on top-tier CLO tranches position it as a differentiate...
Meta is reversing its plans to shut down its VR metaverse - sort of. On Monday, the company announced that it would be shutting down the VR version of its 3D social platform Horizon Worlds on June 15th in favor of a new focus on the mobile version of the app . But in a Wednesday AMA on his Instagram, Meta CTO Andrew Bosworth said the company has decided that existing VR worlds would remain availab...
Meta is reversing its plans to shut down its VR metaverse - sort of. On Monday, the company announced that it would be shutting down the VR version of its 3D social platform Horizon Worlds on June 15th in favor of a new focus on the mobile version of the app . But in a Wednesday AMA on his Instagram, Meta CTO Andrew Bosworth said the company has decided that existing VR worlds would remain available and that the Horizon Worlds VR app will be available to download "for the foreseeable future." Meta is keeping VR Horizon Worlds experiences around as a way to support "the fans who reached out, like yourself, who really care about that," Boswor … Read the full story at The Verge.
Key Points Lululemon beat fourth-quarter estimates, but came up short with its guidance. The stock now trades at a forward P/E of 14. The company is refreshing its board, adding former Levi's CEO Chip Bergh. 10 stocks we like better than Lululemon Athletica Inc. › In the span of two years, Lululemon Athletica (NASDAQ: LULU) has gone from being a top performer in the apparel sector to one of the wo...
Key Points Lululemon beat fourth-quarter estimates, but came up short with its guidance. The stock now trades at a forward P/E of 14. The company is refreshing its board, adding former Levi's CEO Chip Bergh. 10 stocks we like better than Lululemon Athletica Inc. › In the span of two years, Lululemon Athletica (NASDAQ: LULU) has gone from being a top performer in the apparel sector to one of the worst. The stock is now down 68% from its peak at the end of 2023 as its growth has slowed dramatically. There's no single factor that is responsible for that pullback, but rather, there have been a number of causes. The company is facing increasing competition as the athleisure market appears to be getting commoditized. By its own admission, it hasn't done enough to keep its styles fresh. Discretionary spending has been weak in the U.S. due to a slugglish labor market and stubborn inflation, and Lululemon has been hammered by tariffs, especially the removal of the de minimis exemption, which forced it to rearrange its distribution network to fulfill e-commerce orders in the U.S. Those issues led to the departure of former CEO Calvin McDonald, and the company is still in the process of finding a permanent CEO. Founder Chip Wilson is also waging a proxy battle, signaling his frustration with management, and, to his delight, Lululemon named former Levi's CEO Chip Bergh to its board yesterday as well. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Despite those challenges, the stock looks like it may have just bottomed out. On Tuesday night, Lululemon reported fourth-quarter earnings that edged past analyst expectations, but its 2026 guidance was disappointing. The stock was actually down after hours on the report, but then jumped during the regular trading session, and closed up 3.8% on Wednesday, a sign tha...
The US Securities and Exchange Commission is creating a new enforcement team to target “bad actors” in the auditing profession after the agency cut the budget of the independent board that traditionally polices those responsible for vetting company financial statements. In a federal jobs posting , the SEC’s enforcement division said it is seeking applications for a senior attorney and manager in i...
The US Securities and Exchange Commission is creating a new enforcement team to target “bad actors” in the auditing profession after the agency cut the budget of the independent board that traditionally polices those responsible for vetting company financial statements. In a federal jobs posting , the SEC’s enforcement division said it is seeking applications for a senior attorney and manager in its new “SOX Group” — a reference to the landmark Sarbanes-Oxley Act passed after the collapse of Enron Corp. The new unit will investigate and litigate matters involving potential violations of Sarbanes-Oxley auditing standards and provisions, according to the posting. The 2002 law overhauled the audit profession and created the Public Company Accounting Oversight Board , the independent agency that regulates and scrutinizes the work of firms and individuals that vet company financial statements. “Auditors serve as critical gatekeepers in our capital markets — enhancing the integrity of financial reporting and helping to protect investors from fraud,” the SEC said in a statement. “Additional hires in the enforcement division will continue the commission’s longstanding efforts to crack down on bad actors in the profession.” An SEC spokesperson didn’t immediately respond to follow-up questions about the group, including whether the agency planned to move more auditor enforcement out of the PCAOB and into the SEC. A spokesperson for the PCAOB declined to comment. Congress created the PCAOB to restore investor confidence in corporate accounting after wide scale fraud that overstated earnings at Enron and WorldCom Inc. led to the collapse of both companies and billions of dollars in losses for investors. The board has been a bit of a political football over the years, with Republican lawmakers attempting last year to dismantle it and fold oversight into the SEC. Paul Atkins , the SEC chairman, has referred to the board as the “Peekaboo” and decried its board members’ high salari...
伊朗局勢｜據報美軍F-35戰機疑被伊朗炮火擊中 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】據報美軍一架F-35戰機懷疑被伊朗炮火擊中。 美國有線新聞網絡引述消息，戰機被擊中後在中東一個美軍基地緊急降落。美軍中...
伊朗局勢｜據報美軍F-35戰機疑被伊朗炮火擊中 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】據報美軍一架F-35戰機懷疑被伊朗炮火擊中。 美國有線新聞網絡引述消息，戰機被擊中後在中東一個美軍基地緊急降落。美軍中央司令部發言人稱這架隱形戰機當時在伊朗上空執行作戰任務，被迫緊急降落，已安全著陸，機師情況穩定。F-35戰機造價逾一億美元，若屬實將是美國上月底攻打伊朗後首次有美軍戰機被伊朗擊中。 伊朗革命衛隊宣稱利用防空系統在伊朗中部上空擊中美軍一架F-35戰機，又指戰機嚴重受損。
EschCollection As the Federal Reserve proposed three new capital rules for banks aimed at making the regulatory regime more efficient and keeping U.S. banks competitive, investors may be looking at top-rated banking stocks using Seeking Alpha’s Quant metrics. Leaders in the screen include StoneX Group Inc. ( SNEX ), Galaxy Digital Inc. ( GLXY ), and The PNC Financial Services Group, Inc. ( PNC ). ...
EschCollection As the Federal Reserve proposed three new capital rules for banks aimed at making the regulatory regime more efficient and keeping U.S. banks competitive, investors may be looking at top-rated banking stocks using Seeking Alpha’s Quant metrics. Leaders in the screen include StoneX Group Inc. ( SNEX ), Galaxy Digital Inc. ( GLXY ), and The PNC Financial Services Group, Inc. ( PNC ). The following list identifies “Strong Buy” and “Buy” opportunities within the financial sector. The screener captures stocks across various banking subsectors, including regional banks, diversified banks, investment banking and brokerage, and asset management and custody banks. The Federal Reserve, working with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp., introduced three proposals on Thursday. Two apply to the nation’s largest banks—the Basel III framework and the Global Systemically Important Bank (G-SIB) surcharge—which “streamline the risk-based capital framework using a single set of calculations, improve alignment between requirements and risk, and revise the G-SIB surcharge to better capture the risks of our largest and most complex banks,” according to Vice Chair for Supervision Michelle Bowman. The third proposal updates capital requirements for smaller and less complex banks to better align requirements with risks of traditional lending. Despite the regulatory clarity, the market’s immediate reaction was muted. The KBW Nasdaq Bank Index ( BKX ) slipped 0.5% on midday Thursday, with most megabanks trading in the red. Here are the top-rated bank stocks by Quant: StoneX Group Inc. ( SNEX ) – SA Quant rating: 4.91, YTD performance: 9.84% Galaxy Digital Inc. ( GLXY ) – SA Quant rating: 4.77, YTD performance: -3.49% The PNC Financial Services Group, Inc. ( PNC ) – SA Quant rating: 4.70, YTD performance: -3.62% State Street Corporation ( STT ) – SA Quant rating: 4.63, YTD performance: -6.14% Popular, Inc. ( BPOP ) – SA Quant rati...
Earnings Call Insights: Accelerant Holdings (ARX) Q4 2025 Management View Jeffrey Radke, Co-Founder, CEO & Director, stated that "We had a fantastic quarter, beating our expectations on exchange written premium, third-party premium and adjusted EBITDA. All of these figures were in line with our pre-released results." He highlighted Accelerant’s growing AI-driven architecture, emphasizing, "AI is t...
Earnings Call Insights: Accelerant Holdings (ARX) Q4 2025 Management View Jeffrey Radke, Co-Founder, CEO & Director, stated that "We had a fantastic quarter, beating our expectations on exchange written premium, third-party premium and adjusted EBITDA. All of these figures were in line with our pre-released results." He highlighted Accelerant’s growing AI-driven architecture, emphasizing, "AI is the architecture of our business. It is embedded in how we operate and how we win." Radke detailed three structural advantages: proprietary usable data, algorithm-supported underwriting, and technologically adaptive distribution through MGAs. Radke described the proprietary data set as the company's core moat, noting, "We have assembled 134 million rows of specialty insurance data across 58,000 unique attributes. All of it is proprietary." He emphasized the value of a closed feedback loop for underwriting and claims, which is rare in the industry. The company continues to advance automation with AI, with Radke stating, "Underwriting is becoming increasingly autonomous. We've been building towards that shift for years." Radke shared that exchange written premium reached $1.1 billion for the quarter, with 15 new member additions, totaling 280 by year-end 2025. Net revenue retention was 126%. Gross loss ratio for Q4 was 51%. Third-party direct written premium increased to 40% of exchange written premium. Radke announced key management changes, welcoming Cliff Jenks as incoming General Counsel and Ray Iardella as the new Head of Investor Relations. He also announced CFO Jay Green's departure and Linda Huber's appointment as CFO effective March 31. Jay Green, Chief Financial Officer, reported, "That resulted in revenue of $248 million, which grew 30% year-over-year." Green highlighted, "Adjusted EBITDA was $71 million, growing 52% year-over-year. Adjusted EBITDA margin rose to 28%, up from 24% last year." He noted more than $2 million in nonrecurring investment gains and a contin...
Earnings Call Insights: Duluth Holdings Inc. (DLTH) Q4 2025 Management View Stephanie Pugliese, President and CEO, highlighted "the third straight quarter of enhanced gross margin, lower costs, reduced inventory and improved profitability," and credited the business reset for this progress. She reported adjusted EBITDA for the full year rose more than $10 million to $24.9 million and free cash flo...
Earnings Call Insights: Duluth Holdings Inc. (DLTH) Q4 2025 Management View Stephanie Pugliese, President and CEO, highlighted "the third straight quarter of enhanced gross margin, lower costs, reduced inventory and improved profitability," and credited the business reset for this progress. She reported adjusted EBITDA for the full year rose more than $10 million to $24.9 million and free cash flow of almost $17 million, a $42 million improvement over the previous year. Pugliese stated, "Our SG&A decreased by $5 million in the fourth quarter. We also ended the year with inventory down $35 million or 21% versus last year." She emphasized improved customer experience, operational efficiency, and a disciplined promotional strategy, noting, "Throughout the peak season, we stayed the course on our more disciplined promotional strategy, offering 30% off discounts coupled with select Dam Busters versus last year's 50% off across the board." Retail net sales grew 4.7% to $71.6 million in Q4, aided by two new store openings and higher average order values. The company also consolidated fulfillment operations into its Adairsville center, now handling 69% of inventory, and closed Salt Lake City and Dubuque facilities as part of long-term logistics streamlining. Pugliese shared, "We have confidence that we will see the results of these efforts with improved sales trends and profitability in the second half of the year." Interim CFO Heena Agrawal said, "We successfully achieved the goals we set at the beginning of the year, fixing our promotional strategy, restoring price integrity, improving cash and inventory management and strengthening operations." Agrawal reported, "We ended the year in a strong liquidity position of over $141 million as we reduced inventory by 21.1% and had 0 debt on our asset-based lending facility." Outlook Duluth projects full-year 2026 net sales of $540 million to $560 million, with adjusted EBITDA in the range of $26 million to $30 million and capital...