Key Points
- Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund after investors as concerns in the sector are growing.
Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Finance
Stocks making the biggest moves premarket: McCormick, Diageo, Nvidia & more
Check out the companies making the biggest moves premarket: McCormick — Shares rose more than 3% after Unilever confirmed it was in talks with the spices maker over a potential transaction to merge Unilever Foods with McCormick. If a deal were to take place, the Unilever news release said, it would involve “an upfront cash […]
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Finance
Stocks making the biggest moves midday: Fannie Mae, Boston Scientific, Blackstone, Palo Alto Networks and more
Check out the companies making the biggest moves in midday trading: Fannie Mae , Freddie Mac — Shares of the mortgage financing companies rallied after Pershing Square Capital Management’s Bill Ackman said in an X post late Sunday that the stocks are “stupidly cheap.” The billionaire investor suggested shares could rise 10-fold. Shares of Federal […]
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Finance
Bill Ackman says it’s one of the best times in a long time to buy quality stocks
Key Points Bill Ackman urged investors to look past macro fears and lean into what he sees as deeply discounted opportunities. His bullish stance comes at a time when markets have been rattled by rising energy prices and sticky inflation concerns. Source
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