Bloomberg Markets
Macquarie Group Ltd. slashed its projected oil prices for 2026 and 2027 in anticipation of a rapid return to normal flows of oil leaving the Middle East.
Yahoo Finance
Bloomberg Markets
A $7 billion private credit fund run by Morgan Stanley is capping investor withdrawals at 5%, allowing less than half of the redemptions shareholders requested in the second quarter.
Yahoo Finance
MarketWatch
The Big Tech grouping officially fell into correction territory on Tuesday as mounting concerns about AI spending weighed down the group.
Bloomberg Markets
Options traders are building up bets that the broader market overreacted to the Federal Reserve’s hawkish pivot when it priced in a series of interest-rate hikes in the US starting later this year.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
FedEx earnings for the fiscal fourth quarter topped Wall Street estimates and the courier is projecting that profit will grow this year. The results suggest cost-cutting efforts are working. Peter McNally of Third Bridge breaks down the earnings on "Bloomberg The Close." (Source: Bloomberg)