KKR, Ares, Blackstone tumble as Partners Group caps private equity fund withdrawals
U.S. private markets firms fell on Wednesday, as concerns over redemption pressure returned to the spotlight. Read More
Category News
Trump says Iran agreed to not have nuclear weapons, but ‘they can change their mind’
The president was speaking to the New York Post's "Pod Force One" podcast in a wide-ranging interview. Read More
Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs
Bitcoin continues to decline as stocks hit record highs, with investors also eyeing big IPOs. Read More
Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech: ‘We want to be sure nobody has a kill switch’
The proposals include new acts to bolster advanced chip manufacturing and homegrown cloud computing. Read More
Alphabet’s $80 billion stock sale leaves Wall Street in ‘unprecedented territory,’ says Goldman’s Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet's underwritten offerings. Read More
Dulux owner Akzo Nobel plummets 18% after takeover talks fall through
Investors are also continuing to monitor developments in the U.S.-Iran war after tensions escalated overnight. Read More
France’s Macron invites Sam Altman to attend G7, OpenAI tells CNBC
French President Emmanuel Macron has looked to win over tech bosses amid hopes to boost AI capability. Read More
Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas said that whichever company can provide the "most taken value per watt per user" will be the AI winners in the future. Read More
Big Tech’s AI ambitions pose a major power test for Europe
Japan's SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031. Read More
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies. Read More
