Sixth Street — which manages more than $70 billion — is betting big on sports teams and live events
(Click here to subscribe to the Delivering Alpha newsletter.) “It’s very difficult to buy a sports team and lose money,” Carlyle Co-Founder…
The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says
The drought in the IPO market could be near an end, according to a big investor overseeing more than $70…
Stocks making the biggest moves midday: Tilray, Salesforce, CrowdStrike, Dollar General and more
Check out the companies making headlines in midday trading. Salesforce — The cloud software company saw its stock jump 3%…
A ‘historic’ result but still a ‘construction site’: Analysts react to blowout UBS earnings
UBS shares rallied to 15-year highs on the back of what analysts branded a “historic” earnings report, though Deutsche Bank…
Stocks making the biggest premarket moves: Dollar General, Salesforce, Palantir and more
Check out the companies making the biggest moves before the bell: Dollar General — The discount retailer tumbled 15.3% after…
Student loan interest resumes Sept. 1. What that means for subsidized vs. unsubsidized debt
Interest will start accumulating on student loans again starting Sept. 1, following a pause on interest accrual that has lasted…
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
BEIJING — China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in…
Buy now, pay later firm Klarna cuts losses in first half but fails to post profit
Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as…
UBS shares jump to 2008 highs after profit beat, job cuts announcement
UBS shares reached their highest point since late 2008 during early trade in Zurich on Thursday, after the Swiss banking…
